Study in Germany – Colleges / Universities Eligibility & Scholarships
Study in Germany: One of the top destinations for Indian students willing to study abroad is Germany. As per data available from the German Academic Exchange Service (DAAD), around 34,134 Indian students has currently enrolled in German universities for the academic year 2022-2023. Every year around 330,000 international students are enrolled in German universities and colleges, out of which one-third is the Indian student population.
All the public universities (owned by the German Government) are free and do not charge tuition fees to students. The second most important things to know for the students in order to select Germany as their study abroad destination is the cost of living in Germany, as of February 11, 2023, keeping the rate of inflation in mind, the mandatory amount required in the Blocked Account for studying in Germany is €11,208 for an entire year or €934 for a month.
Why Study in Germany?
Germany is considered one of the top destination in the world for Engineering, Industrial Engineering, Computer Science, Business and Economics and Medicine. Therefore it is popular among the Indian students as one of the best study abroad destination. Government universities in Germany do not charge tuition fees but only have an administration fee (Euros 150-500) that needs to be paid at the start of every semester. The cost of studying and living in Germany is comparatively lower in comparison to the countries such as the United States America and the United Kingdom.
Germany managed to stave off a full recession in 2022, with the economy performing better than expected. Although Russia’s war in Ukraine and high energy prices slowed growth, the economy “managed to perform well. Germany’s economy grew by 1.9% in 2022, latest data shows.
Germany has the 4th largest GDP in the world. The total value of exports and imports is equal to 86.9% of GDP.
Germany has one of the lowest unemployment rates in the European Union. The country has a very attractive job market for qualified workers as their highly competitive companies are always in need of well-trained employees. After officially completing your degree, you will have 18 months to find a job.
Study in Germany 2023: Highlights