Education plays a critical role in shaping an individual’s future, and pursuing further studies remains an aspiration for many students across the globe. While funding can be a significant barrier, fully-funded scholarships, such as the one offered by the German Academic Exchange Service (DAAD), can make dreams come true for deserving and talented young minds. In this article, we explore the DAAD scholarship and the extent to which it is fully funded.
Established in 1925, DAAD has evolved as one of the world’s largest and most sought-after scholarship organizations. DAAD promotes internationalization of German universities and academic institutions by providing scholarships to study, research, and work in Germany. The German government and the European Union provide funding for these scholarships. With more than 100,000 scholarships awarded each year, DAAD has helped thousands of students acquire invaluable knowledge, skills, and life experiences.
But the critical question remains: is the DAAD scholarship fully funded? The answer is yes – for the most part. The DAAD scholarship funds the entire duration of a student’s study or research program in Germany, which typically includes living expenses, insurance, and travel costs. Additionally, DAAD fully funds joint research projects and offers language courses, ensuring the scholars’ seamless academic journey.
Let’s examine the specific benefits of the DAAD scholarship to understand its funding comprehensively. Here are some key features of DAAD’s offering:
- Full tuition coverage for the entire duration of the study program.
DAAD covers the entire tuition fee for courses offered by German state and state-accredited higher education institutions. Students do not have to worry about the financial burden of tuition fees as this scholarship guarantees complete fee-waiver throughout their stay in Germany.
- Generous monthly stipend for living expenses.
Scholars receive a monthly stipend that includes accommodation, food, and other living costs. This allowance varies depending on the academic level and study program. For example, undergraduate and graduate students receive a stipend of €861 per month, whereas doctoral candidates and postdoctoral researchers are entitled to €1,200. The stipend significantly reduces the student beneficiaries’ financial burden, making it more comfortable for them to focus on their studies.
- Health, accident, and personal liability insurance coverage.
The insurance coverage provided by the DAAD scholarship is a significant benefit for students. Scholars receive comprehensive coverage for health, accident, and personal liability throughout their stay in Germany. This ensures peace of mind and financial security for students who are far from home and on a budget.
- Travel allowance for scholars from non-European countries.
For international students coming from a non-European country, the DAAD scholarship includes a travel allowance to cover the cost of airfare to and from their home country. The stipend makes it financially feasible for students outside Europe to benefit from Germany’s world-class education system.
- Language course and summer school access.
To enhance their German language skills, DAAD scholars can access language courses and summer school offerings free of charge. As a result, students can immerse themselves in the German culture and communicate with confidence, leading to fruitful experiences during their studies.
- Supplementary benefits.
In addition to the main benefits listed above, the DAAD scholarship also offers supplementary benefits to specific categories, such as parental benefits and family allowances. It exhibits the commitment towards providing a comprehensive support system that enhances the scholars’ personal and academic journey.