New: The BAföG reform 2022 significantly increases the Vermögensfreibetrag - differentiated according to two age groups:
Case 1: Up to 30th birthday: 15.000.00 €
Case 2: From 30th birthday: 45.000,00 €
Unchanged: Allowance for partnership and children
For students who are married or in a registered partnership, as well as for students with children, the tax-free amount increases by € 2,300.00 for each of the aforementioned persons. The reform does not change this.
Background: Before you are paid BAföG, you must use your own assets for your education. However, this only applies above a certain amount. The asset allowance describes the limit up to which your savings are not taken into account by the BAföG office. This sum remains untouched.
Before the reform, 8.200,00 € of assets were not taken into account for BAföG funding. If there were more assets, the difference had to be used in full to finance the education. It was therefore counted towards the subsidy.