Every student within our Studentenwerk can apply for a hardship loan when facing a financial crises. The guidelines for the loan has been adopted by our supervisory board and all decisions are based on that.
The application forms will be also hand out in our Student Houses in Frankfurt (Oder) and Cottbus. Here we provide you with information about the specific procedure for submitting the application as well as the necessary requirements for the approval of this loan.
The loan is interest-free. The maximum loan amount is 500 EUR. The managing director will make the final decision if a grant is awarded. The repayment will be agreed on individually but a minimum installment of 50 EUR must be paid back each month.