Costs

Financing your semester abroad in Bali

These are the costs you can expect with studiesNetwork

Registration: € 75
  • incl. complete administrative takeover of the registration at the partner university in Bali
  • incl. competent studiesNetwork support
  • payable upon registration via PayPal or credit card
Tuition fees: € 2,290
  • incl. all selected teaching modules
  • incl. exciting excursions
  • incl. exclusive studiesNetwork benefits
  • incl. digital issue of certificates
  • incl. Welcome Party
  • payable 2 months before the start of the semester
Class fund: approx. € 110
  • payable via PayPal
  • for books, printing and copying costs, travel expenses etc.
  • surpluses will be paid out at the end of the semester

Important

Tuition fees for all studiesNetwork study programs may be eligible for full funding through appropriate support programs. In addition, travel allowances may also be granted.

support

Funding opportunities

BAföG

that Foreign BAföG is intended to provide students with an experience abroad, and unlike scholarships, it is independent of merit. The allocation and amount depend on the parents' income, but students who do not receive domestic BAföG due to their income can also apply for foreign BAföG. Funding amounts abroad are higher, and some of the credits earned abroad must be eligible for studying at the home university.

The funding period is a maximum of one year and the minimum period is one semester or 12 weeks. The maximum BAföG rate for a semester abroad is around 9,000€ and, in addition to a standard monthly rate in Germany, includes tuition fees, travel allowances, health and long-term care insurance and a monthly foreign allowance. If possible, the application should be submitted 6 months before the stay abroad and the application for Indonesia is submitted to Studierendenwerk in Tübingen asked.

allowance

In addition to regular study allowance, students in Austria also have the option of receiving a Study abroad allowance (BAS) to apply for. The funding period is a maximum of 20 months, but only 12 months for academies such as universities of education. The prerequisite for receiving the BAS is the receipt of study allowance and the completion of studies at a foreign university or research institution. The amount of BAS depends on living and study costs in the host country and amounts to a maximum of 582€ per month.

Other subsidies such as travel allowances and insurance contributions can also continue to be received during the semester abroad. Students must submit the application no later than three months after completing their studies abroad. Students at universities and universities of applied sciences must meet certain conditions, such as taking the first diploma examination and staying abroad of at least three months. Students at universities of education, on the other hand, require a training period of at least two semesters and a period of stay abroad of at least one month.

stipend

A scholarship is financial support for students that is awarded on the basis of various criteria and reflects the values and purposes of the founder or founder. There are special scholarships and grants for international students who want to study in Asia. Applying for scholarships relevant to your own purposes is worthwhile, even if the competition is fierce.

The Austrian Exchange Service (OeAD) scholarship database is the first point of contact for Austrian students. In addition, there are also university-owned scholarships and funding, as well as funding at state level. German students can contact German Academic Exchange Service (DAAD) provide information about scholarships, PROMOS offers scholarships for stays abroad and there are a variety of foundations that award scholarships. The selection criteria for foundations can include financial situation, talent, grades and social commitment. Another way to search for scholarships is the scholarship database of E-fellows.net.

A very good point of contact and source of information for financial support for your semester abroad is also the current Campaign “STUDY WORLDWIDE — EXPERIENCE IT! ”, which was established by the German Academic Exchange Service (DAAD) and the Federal Ministry of Research and Education (BMBF).

student loan

For students who are unable to finance their studies abroad sufficiently through international BAföG, foreign aid or scholarships, there are various student loans as an alternative. Before making a decision, funding requirements, repayment modalities and other conditions should be carefully reviewed as they may vary between offers. In Germany, there is the Education loan from the Federal Ministry of Education, which supports semesters, internships and foreign master's degree programs and can be combined with BAföG. Education funds such as the general Career Concept AG Education Fund, who Festo education fund for engineering/technical courses and flexible financing of Deutsche Bildung AG can also offer socially responsible and bank-independent student financing.

There are also many loan offers from private institutions on the market, which should be carefully compared before making a decision. In Austria, Austrian citizens under 30 years of age can attend universities or colleges Student loan at a bank or apply for a building society. Building societies often offer attractive interest rates and conditions, which often only require interest to be paid during the study period and the loan amount and loan interest are repaid later. The student loan may only be used for educational purposes and is limited to the period of study.

miscellaneous

A look at the latest Campaign “STUDY WORLDWIDE — EXPERIENCE IT! ”, which was created by the German Academic Exchange Service (DAAD) and the Federal Ministry of Research and Education (BMBF), is worthwhile. The campaign promotes semesters abroad for students in Germany and offers you the opportunity to as a “correspondent” about your semester abroad with studiesNetwork to report. This allows you to motivate many more students to spend a semester abroad. The best part: your effort is rewarded with a smartphone and a monthly allowance of 200€. In addition, you can work as an ambassador after your semester and report on your semester virtually or locally at universities and advise interested parties — with appropriate remuneration, of course.

Funding

Funding opportunities

Scholarship

Scholarships are a primary funding source for international students:

  • Global Scholarship Databases: Platforms like Scholarships.com, GoAbroad, and IEFA list funding opportunities across various fields. Search by study location and degree program to identify options tailored to you.
  • DAAD Scholarships (Germany): The German Academic Exchange Service supports international study with funding for travel and tuition. Programs like DAAD PROMOS cover living costs for students in Bali.
  • Erasmus+ Global Mobility: Students at European universities can apply for Erasmus+ for exchanges, often with additional funds for non-European destinations like Indonesia.
  • Chevening Scholarships (U.K.): U.K. residents can explore Chevening for postgraduate scholarships in global destinations.
  • Fulbright Program (U.S.): Provides grants for American students studying abroad. Applications and details are available on the Fulbright website.

University Grants and Discounts

Many universities provide financial aid tailored to exchange programs:

  • Travel Grants: Contact your home university’s international office for information on travel-specific funding. Examples include University of Manchester’s Travel Bursaries.
  • National Grants: Several European countries offer government grants for students going abroad. For example, the French Ministry of Higher Education and Research provides grants for students traveling outside of Europe. Similarly, students in the Netherlands can apply for funding via Nuffic.

Government Grants

Governments worldwide often support students studying in Asia:

  • Critical Language Scholarship (U.S.): Funded by the U.S. Department of State, this program supports learning languages like Bahasa Indonesia. Check eligibility at CLS Program.
  • New Colombo Plan (Australia): Provides financial aid to Australian undergraduates for study in Asia-Pacific regions, including Bali. Visit New Colombo Plan for details.

Education Loans

Loans can cover tuition, travel, and living expenses:

  • KfW Education Loans (Germany): Available to German students with flexible repayment terms. Visit KfW for application details.
  • Prodigy Finance (Global): Offers loans for international students without needing a co-signer. Learn more at Prodigy Finance.
  • Brain Capital (Income-Share Agreement): Students can fund their studies through an income-share agreement. Explore their options at Brain Capital.

Crowdfunding and Sponsorships

Creative funding through online platforms or sponsors can bridge financial gaps:

  • Crowdfunding: Platforms like GoFundMe or Betterplace help students raise money by sharing their story and plans.
  • Corporate Sponsorship: Reach out to companies related to your field of study or future career aspirations. Present your study abroad plan and benefits for sponsorship consideration.

Miscellaneous

It is advisable to find out about the various funding opportunities early on and to submit applications in good time, as the application process can take some time and competition for the limited places can be fierce.

Funding opportunities

BAföG

that Foreign BAföG is intended to provide students with an experience abroad, and unlike scholarships, it is independent of merit. The allocation and amount depend on the parents' income, but students who do not receive domestic BAföG due to their income can also apply for foreign BAföG. Funding amounts abroad are higher, and some of the credits earned abroad must be eligible for studying at the home university.

The funding period is a maximum of one year and the minimum period is one semester or 12 weeks. The maximum BAföG rate for a semester abroad is around 9,000€ and, in addition to a standard monthly rate in Germany, includes tuition fees, travel allowances, health and long-term care insurance and a monthly foreign allowance. If possible, the application should be submitted 6 months before the stay abroad and the application for Indonesia is submitted to Studierendenwerk in Tübingen asked.

allowance

In addition to regular study allowance, students in Austria also have the option of receiving a Study abroad allowance (BAS) to apply for. The funding period is a maximum of 20 months, but only 12 months for academies such as universities of education. The prerequisite for receiving the BAS is the receipt of study allowance and the completion of studies at a foreign university or research institution. The amount of BAS depends on living and study costs in the host country and amounts to a maximum of 582€ per month.

Other subsidies such as travel allowances and insurance contributions can also continue to be received during the semester abroad. Students must submit the application no later than three months after completing their studies abroad. Students at universities and universities of applied sciences must meet certain conditions, such as taking the first diploma examination and staying abroad of at least three months. Students at universities of education, on the other hand, require a training period of at least two semesters and a period of stay abroad of at least one month.

student loan

For students who are unable to finance their studies abroad sufficiently through international BAföG, foreign aid or scholarships, there are various student loans as an alternative. Before making a decision, funding requirements, repayment modalities and other conditions should be carefully reviewed as they may vary between offers. In Germany, there is the Education loan from the Federal Ministry of Education, which supports semesters, internships and foreign master's degree programs and can be combined with BAföG. Education funds such as the general Career Concept AG Education Fund, who Festo education fund for engineering/technical courses and flexible financing of Deutsche Bildung AG can also offer socially responsible and bank-independent student financing.

There are also many loan offers from private institutions on the market, which should be carefully compared before making a decision. In Austria, Austrian citizens under 30 years of age can attend universities or colleges Student loan at a bank or apply for a building society. Building societies often offer attractive interest rates and conditions, which often only require interest to be paid during the study period and the loan amount and loan interest are repaid later. The student loan may only be used for educational purposes and is limited to the period of study.

stipend

A scholarship is financial support for students that is awarded on the basis of various criteria and reflects the values and purposes of the founder or founder. There are special scholarships and grants for international students who want to study in Asia. Applying for scholarships relevant to your own purposes is worthwhile, even if the competition is fierce.

The Austrian Exchange Service (OeAD) scholarship database is the first point of contact for Austrian students. In addition, there are also university-owned scholarships and funding, as well as funding at state level. German students can contact German Academic Exchange Service (DAAD) provide information about scholarships, PROMOS offers scholarships for stays abroad and there are a variety of foundations that award scholarships. The selection criteria for foundations can include financial situation, talent, grades and social commitment. Another way to search for scholarships is the scholarship database of E-fellows.net.

A very good point of contact and source of information for financial support for your semester abroad is also the current Campaign “STUDY WORLDWIDE — EXPERIENCE IT! ”, which was established by the German Academic Exchange Service (DAAD) and the Federal Ministry of Research and Education (BMBF).

miscellaneous

A look at the latest Campaign “STUDY WORLDWIDE — EXPERIENCE IT! ”, which was created by the German Academic Exchange Service (DAAD) and the Federal Ministry of Research and Education (BMBF), is worthwhile. The campaign promotes semesters abroad for students in Germany and offers you the opportunity to as a “correspondent” about your semester abroad with studiesNetwork to report. This allows you to motivate many more students to spend a semester abroad. The best part: your effort is rewarded with a smartphone and a monthly allowance of 200€. In addition, you can work as an ambassador after your semester and report on your semester virtually or locally at universities and advise interested parties — with appropriate remuneration, of course.

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