Category
page 1Education finance
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scholarship
thumb|right|A young man (in a bowtie) receives a scholarship at a ceremony.
tuition fee
sum of money charged for teaching or instruction by a school, college, or university
financial endowment
legal structure for managing a pool of investments for a specific purpose according to the will of its founders and donors
student loan
loans given to students for education-related expenses
Bundesausbildungsförderungsgesetz
The Bundesausbildungsförderungsgesetz (, ), mostly known by its abbreviation BAföG or Bafög (), is Germany's Federal Training Assistance Act for students who attend secondary schools and universities. Since its introduction in 1971, the BAföG Act has regulated all available federal student grants and loans in Germany. Students who receive financial assistance under this law often refer to it as "receiving BAföG". In 2016, 18% of all students in Germany received financial support from BAföG.