Education finance

thumb|right|A young man (in a bowtie) receives a scholarship at a ceremony.

sum of money charged for teaching or instruction by a school, college, or university

legal structure for managing a pool of investments for a specific purpose according to the will of its founders and donors

loans given to students for education-related expenses

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.