Germany has become one of the top destinations for students looking to study abroad. If you are planning to study in Germany in the coming academic year 2024-25, here is some important news for you.
Well, you must know that you must prove that you have enough money to pay for your tuition fees and bear the cost of living in Germany. Now, the question arises: how much funds do you require? Previously, €11,208(US$12,135) was enough, but now the government of Germany has recently announced an increase in the proof-of-funds requirement for students applying for the Study visa. The minimum funds required for a student visa application for the new academic year will be raised from €11,208(US$12,135) to €11,904 (US$12,875) per year. This hike reflects a broader adjustment to meet the increasing cost of living. It will ensure that international students can maintain a stable standard of living while studying in Germany.
The German Federal Ministry of Education and Research website explains that students can meet the funds requirement for a study visa in various ways. These include the
A blocked account is a bank account designed precisely for international students and offered by German banks, including Deutsche Bank and Fintiba. It is considered “blocked” because students cannot access the funds until they arrive in Germany and may only withdraw funds up to a specified monthly limit.
The new requirement of proof-of-funds, which is €11,904 (US$12,875), keeps Germany near the top of the range among major study-abroad countries. It can be compared to
In 2025, several countries have made notable updates to their immigration and financial requirements, reflecting shifting economic priorities and international student policies.
Canada took another major step by increasing its proof of funds requirement in March 2025, following the significant hike introduced in December 2023. This marks the second adjustment within 15 months, reinforcing the government's efforts to ensure financial preparedness among incoming international students and immigrants.
Similarly, Australia revised its financial threshold once again in February 2025, implementing an additional 18% increase from the 2024 benchmark. This comes after the previous adjustment in May 2024 and indicates a trend toward more stringent visa requirements.
Meanwhile, Germany continues to emerge as a stable and attractive destination for global learners. In the Winter Semester of 2024/25, the country welcomed approximately 388,000 international students, setting a new all-time high. This reflects a 4.8% increase over the 2023/24 academic year, marking the sixth consecutive year of growth in international student enrollment.
These developments underscore the importance of financial planning and timely application preparation for students looking to pursue education abroad in 2025 and beyond.
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Categories: Germany
Tags: Study Abroad