BAföG/Finances | Daka loan

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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 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.

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Advice and guidance in Studierendenwerk

Studierendenwerk Aachen
Amt für Ausbildungsförderung
Pontwall 3
52062 Aachen


Visiting address:
Amt für Ausbildungsförderung
Turmstraße 3 / 52072 Aachen
Room A2.05

Postal address:
Studierendenwerk Aachen
Amt für Ausbildungsförderung
Pontwall 3 / 52062 Aachen

Visiting hours:

Please use our online booking tool to get an appointment. Appointments are available for Wednesdays and Fridays. Booking

We recommend to make use of our telephone hours.

Telephone hours:

Mon 10 a.m.—noon
Tue 10 a.m.—noon
Wed 10 a.m.—noon
Thu 10 a.m.—noon