DAKA
graduation
loan

The maximum loan amount is 12.000 €; paid out in monthly payments of up to 1.000 €. Within the loan guidelines, you can flexibly structure the loan amount and the monthly amount of support according to your needs. If you have not yet taken up the maximum loan limit of 12.000 €, your Master's degree can also be funded after the Bachelor's degree.

Payment is made through the Daka office in Cologne by bank transfer to your personal current account.

The Daka loan is interest-free. Only a one-time processing fee of five percent of the loan amount is charged for the last disbursement.

Repayment of the loan begins twelve months after the final loan disbursement. If you are still studying at this time, it is possible to defer repayment without interest for up to twelve months after the regular study period.

Repayments are made in monthly instalments of 150 €. Early loan repayment is possible at any time and in any amount, and a flexible repayment solution can be agreed in particularly difficult financial situations.

You get the necessary application forms and current information material from our "Amt für Ausbildungsförderung". Your documents will be forwarded to the Daka office in Cologne immediately upon receipt.  The processing and payment is carried out from there.

There is no legal entitlement to a Daka loan. The Daka is a non-profit organization of the Studierendenwerke.

The processing of the application is done quite fast. As a rule, a lead time of four to eight weeks must be expected.