Germany increases proof of funds for international students

Sanjay Smart

August 2, 2024

The Federal Ministry of Education and Research in Germany has announced an increase in proof of funds for international students for the 2024/2025 Academic year. For the last academic year (2023/2024) the requirement had been € 11,208 and for the new academic year 2024/2025 the requirement will be € 11,904. This represents an increase of 6% over last year’s requirement.

This follows announcements by Canada and Australia that the proof of funds required was doubled and increased by 20% respectively by the two countries. In contrast, the increase announced by Germany is marginal and will not generate the backlash that Australia and Canada are already experiencing. Enrollment in German institutions is increasing and the announced increase should have little effect on enrollment numbers.

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