BAföG/Finances | Daka loan

DAKA loan

The Studierendenwerke in North Rhine-Westphalia run their own loan society (Darlehenskasse). DAKA is a non-profit organization. Students of RWTH Aachen, FH Aachen and Hochschule für Musik und Tanz Köln, location Aachen apply for DAKA via Studierendenwerk Aachen.

    Which amount is granted?  
The loan is intended to help cover living and study expenses. An interest-free DAKA loan of 12 000 € maximum can be granted. An administration fee (5 percent of the loan amount) has to be paid.



    Who is eligible for the DAKA loan?  
The following requirements must be met:
Enrolled at RWTH Aachen, FH Aachen, KatHo Aachen or Hochschule für Musik und Tanz, location Aachen
Exclusion of all other ways of financial help for students
Proof of financial hardship must be provided
Drawing up of an absolute guarantee, the guarantor must
have regular income
be of age
be a permanent resident of Germany.
In exceptional cases also a bank guarantee is possible.
There is no legal right to Daka loans. If funds are available and all requirements are met, the loan will be disbursed without bureaucratic procedures.



    When do I have to repay the loan?  
Repayment starts twelve months after imbursement of the whole loan amount. The monthly rate is at least 150 euros. The loan is interest-free if the loan holder repays according to the rules.



    Data Protection  

        
                            
        Datenschutzinfo-Daka-Darlehen.pdf (93.7 KiB)
    



    Advice and guidance in Studierendenwerk  
Studierendenwerk Aachen
 Amt für Ausbildungsförderung
Pontwall 3
 52062 Aachen
 bafoeg@stw.rwth-aachen.de



    Contact  
Frau Pütz
Tel.: +49 151 4076 9950 
Room A2.05
bafoeg@stw.rwth-aachen.de
Visiting address: 
Amt für Ausbildungsförderung
Turmstraße 3 / 52072 Aachen

Postal address: 
Studierendenwerk Aachen
Amt für Ausbildungsförderung
Pontwall 3 / 52062 Aachen
Telephone hours:
Mon−Fri 8 a.m.−10 a.m.
 

More informationen on www.daka-darlehen.de