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Can you let me know if my budget of two to three lakhs is sufficient to consider studying in Germany for a Master's?

18 Jun 2026 · Answered by Honnappa Chandrannavar · 1 min read
Honnappa Chandrannavar
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No, a budget of ₹2 to ₹3 lakhs is not sufficient for studying in Germany.

While most public universities in Germany have low or no tuition fees, you will need to show proof of funds - typically around €11,208 (about ₹10 lakh, subject to change) - in a blocked account for your student visa.

Additionally, expect monthly living expenses of €700 - €1,200 (₹63,000 - ₹1,08,000), plus costs for health insurance, visa fees, and travel.

Plan for a total budget of ₹15 - ₹20 lakh for a two-year Master's program. For guidance on financial planning and scholarships, connect with your LeapScholar counsellor.

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