What is the usual process for getting an education loan and blocked account for a German bachelor's degree?
The usual process is to secure your admission and APS certificate first, then apply for an education loan and get a sanction letter, then open a certified blocked account and have your lender transfer the required amount, and finally use the resulting confirmation certificate to book your visa appointment.
Getting your loan and blocked account lined up correctly is really about sequencing. Get each step done in the right order and the whole process moves smoothly toward your visa appointment.
The Six Step Process
| Step | What Happens |
|---|---|
| 1. Admission and APS | Secure your offer letter and APS certificate |
| 2. Loan application | Submit documents, get a sanction letter |
| 3. Open blocked account | Register with a certified provider using your passport |
| 4. Fund transfer | Lender wires the required amount, usually in 3 to 5 days |
| 5. Blocking confirmation | Provider issues your certificate for the visa file |
| 6. Visa and arrival | Book your interview, then activate monthly payouts |
Details Worth Knowing at Each Stage
- Your loan mainly needs to cover living costs, since most public bachelor's programmes charge no tuition
- Certified blocked account providers issue an IBAN before you even have your admission letter finalised
- The current required deposit is 11,904 euros a year, released later at 992 euros a month
- Once in Germany, open a regular local bank account and link your visa and address to activate monthly payouts
My Advice
Start your loan application the same week you accept your admission offer, since the sanction letter and fund transfer together can take a few weeks. Keep your APS certificate ready before this, because most lenders and blocked account providers will ask for it before finalising your paperwork.
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