Where does international students income come from mostly?
For international students already pursuing studies in Germany, their primary income source is their parents, covering approximately half of the total expenses.
Scholarships play a pivotal role, constituting around 10% of students’ financial resources. These scholarships can be institution-provided, government-backed, or awarded by private organizations.
Around 10% of students derive their income from various sources like relatives, partners, or loans. These additional avenues contribute to their financial stability during their studies.
Moreover, personal savings make up another 10% of students’ income. Some students wisely save money before coming to Germany to help fund their education and living expenses.
In essence, a diverse range of financial sources supports international students in Germany. It’s a combination of parental support, scholarships, personal savings, and various forms of assistance that enables these students to pursue quality education and enriching experiences in a foreign land.