Do I have to pay interest on the education loan during my studies in Germany?
Yes, you will need to pay interest on your education loan during your studies in Germany.
- For most German student loans, including the KfW Student Loan and the Bildungskredit, interest starts accruing from the date the loan is disbursed.
- During your study period, you are typically required to pay only the interest; repayment of the principal begins after a grace period once your studies are complete.
- Interest rates are variable and are usually adjusted every six months.
Loan terms and rates are subject to change.
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