Loans

Short-term loan from the Studentenwerk Freiberg

The Studentenwerk Freiberg offers students short-term loans to bridge a financial emergency. This support is independent of income and assets and can be obtained in addition to BAföG.

Hardship fund of the Deutsches Studierendenwerk e. V.

The hardship fund of the Deutsches Studierendenwerk supports students in acute financial difficulties that cannot be alleviated by other funding options. This can cover necessary study expenses that are not covered by BAföG.

Short-term loan from the Studentenwerk Freiberg

Award principles

  • Cushioning of a short-term financial emergency
  • regardless of the student's income and assets
  • can be obtained parallel to BAföG
  • there is no legal claim

Loan amount and term

  • up to 400 €
  • End of repayment after 9 months at the latest

Applicants

  • Students of the TU Bergakademie Freiberg and the Mittweida University of Applied Sciences

Application / payment

  • Application is made in writing to the Studentenwerk Freiberg
  • payment is made by bank transfer

The following are required for processing

  • of German students:
    • valid certificate of enrolment and
    • Identity card
  • of foreign students:
    • valid certificate of enrolment and
    • valid residence permit

Interest rate

  • No interest is charged if the repayment conditions are met

Repayment

  • Completion of repayment max. 9 months after disbursement.
  • Repayment in one amount or in instalments
  • agreed repayment amount is collected by SEPA direct debit from the specified account

Your contacts for short-term loans

Elke Geyer

Education support officer (A-F, N) & short-term loan

Elke.Geyer@swf.tu-freiberg.de
Telephone: 03731 383289

Visitor address:
Nonnengasse 22 | 09599 Freiberg

Postal address:
TUBAF mailroom
Akademiestraße 6 | 09599 Freiberg

Anja Naumann

Rental and loan accounting

Anja.Naumann@swf.tu-freiberg.de
Telephone: 03731 383120

Address:
Agricolastrasse 14/16 | 09599 Freiberg

Hardship fund of the Deutsches Studierendenwerk e. V.

Award principles

  • Bridging financial aid for students in an economic emergency situation
  • the emergency situation cannot be alleviated by another private or public organisation in the short term
  • Covering necessary study expenses or for needs that are not covered by BAföG

Loan amount and term

  • a maximum of 12 times the monthly BAföG standard rate for students living away from home (as of 1 July 2014: € 7,164.00)
  • The maximum loan term is 60 months, beginning with the month in which the first instalment is paid out

Applicants

  • Students of the TU Bergakademie Freiberg and the Mittweida University of Applied Sciences
  • Doctorates, postgraduate or second degree programmes are not eligible for funding

Application / payment

  • Application and payment are made via the Studentenwerk Freiberg
  • Payment is made in monthly instalments in monthly amounts that may not exceed 1/12 of the loan amount
  • Transfer to the borrower's account
  • Repayment amounts are debited from the specified account as a direct debit

Interest and guarantee

  • No interest is paid on the loan if the lending conditions are met
  • A directly enforceable surety or bank guarantee must be deposited to secure the loan

Repayment

  • Latest start of repayment 6 months after payment of the last instalment.
  • Monthly repayment instalments must be at least €55

Your contacts for the DSW e. V. hardship fund

Diana Boeck

Social counselling & hardship fund of DSW e. V.

Diana.Boeck@swf.tu-freiberg.de
Telephone: 03731 383202

Address:
Social counselling office (1st floor)
Petersstraße 5 | 09599 Freiberg
OR
Advice centre | House 3 (ground floor)
Am Schwanenteich 8 | 09648 Mittweida

Anja Naumann

Rental and loan accounting

Anja.Naumann@swf.tu-freiberg.de
Telephone: 03731 383120

Address:
Agricolastrasse 14/16 | 09599 Freiberg