5 Key Takeaways of this Webinar
What the video recording is about:
- Financing Options at HHL: our HHL program consultant outlines multiple financing strategies for master’s studies at HHL, including early bird rates, HHL scholarships, and external scholarships from entities like DAAD and private foundations.
- Brain Capital: explains their income share agreement model, which covers tuition fees with no repayment required until the student earns a minimum income post-graduation. This model provides flexibility, including options for partial financing and combining with other scholarships.
- Prodigy Finance: discusses their loan options for international students. Prodigy offers loans without co-signers or collateral, assesses students based on potential, and provides funding directly to the university, with repayment starting six months after graduation.
- Tax Advantages: There are potential tax benefits for students who stay and work in Germany post-graduation. Costs related to studies, such as tuition fees, loan interest, work equipment, and commuting expenses, can be tax-deductible.
- Application Process and Eligibility: Both Brain Capital and Prodigy Finance detail their application processes, required documents, and eligibility criteria. Brain Capital focuses on EU and select other nationals, while Prodigy Finance supports a broader range of international students.
