Study in Germany Without Blocked Account

» Last updated on November 16th, 2023 at 11:16 pm

When it comes to studying in Germany, making a blocked account can be a challenge. Since you have to have more than 11,000€. But in today’s blog, we will explore, how you can study in Germany without blocked account.

Suppose, you are planning for higher studies in Germany. In this case, the blocked account may be an obstacle for you. No worries! We are gonna make your higher studies in Germany easier by explaining blocked account substitutes.

Study in Germany without blocked account: but how?

This is a very basic rule of life… every problem has a solution! So in today’s blog, I am going to write about some of the alternatives to blocked accounts in Germany. That’s why please read the article till the end to know explicitly about higher studies in Germany: Blocked account substitutes.

Higher studies in Germany: blocked account substitutes

One of the main dreams of current students is to study in developed countries to achieve their life goals. If a country, like Germany, where most universities do not charge tuition fees, then it’s undeniably a top choice for higher education among students.

However, many students cannot come because they think that a Master’s or Ph.D. abroad— these study programs are for brilliant students. It is not possible for them. But, this is a misconception. It is possible to study in Germany, the desirable higher study destination if you move forward step by step with indomitable willpower and the right direction.

Just as there are endless possibilities for different types of scholarships for the meritorious, there are also many opportunities for average students. How? Before going into details, let’s be acquainted with a blocked account as well as the core cause of why is it required. But before that, let’s know what is a blocked account.

What is a blocked account?

A blocked account is a special type of bank accoount in Germany. International students who plan to study in Germany must transfer their funds into a German blocked account.

One of the main conditions for obtaining a national visa in Germany, along with other documents, is a blocked account. Before coming to Germany, international students have to block 11,208 Euros in a German bank. You can learn more in our another post about blocked account and how to open a blocked account in Germany.

Why blocked account required?

It is like security money, which is proof that you have enough money to cover your living expenses until you get a job in Germany. From this account, you can withdraw 934 Euros per month and remit the full amount to the country after one year (if not spent). If you can’t come to Germany for any reason, then no worries, the German bank will give back this money.

Study in Germany without blocked account options

Huge students are every day asking a question: is it possible to study in Germany without a blocked account?

The answer is: Yes! It is possible if you can meet any of the requirements mentioned below.

Public or private scholarships

The two main scholarships for coming to Germany are the DAAD and Erasmus Mundus Scholarships. You must have work experience for DAAD. You can find out more about the Erasmus Mundus scholarship from this article. Erasmus Mundus Scholarship – facts and figures to know

Additionally, the university awards a few scholarships. You can apply for these funds starting from the second semester. Research assistantships are also available, primarily at the Ph.D. level, although there may be some opportunities at the Masters level.

Sponsorship or fellowship from a private institution

Scholarships must be obtained from a reputed government educational institution. For example, DAAD. If you are unsuccessful, you can apply for a sponsorship/fellowship from a private company or non-government institution. Such as Max Planck institution, AIGS, etc.

AICGS offers several fellowships. This includes a monthly stipend of up to 3,204 euros. Of course, it depends on the seniority of the applicant. Obviously, Preferable applicants are experienced individuals in leadership roles in the job field.

Moreover, there are two other ways. For instance:

• Student loan
• Invitation letter from a friend or relative (Verpflichtungserklärung)

Student loan

You can apply for higher education in Germany if you are guaranteed a government fund or an approved student loan. However, this loan is for a limited period or specific certain likewise pandemic situation which is being provided by the German state-owned development bank KFW at a low-interest rate.

Invitation letter from a friend or relative

You can also come to Germany for higher education through an invitation letter from a friend or relative living permanently in Germany. This document is called Verpflichtungserklärung there.

If you do not succeed in any of the above ways, it is mandatory to open a blocked account to study in Germany. To learn the details of opening a blocked account and determine the best option in Germany, you can read this article.

Blocked account Germany amount 2024

To apply for a German student visa in 2023, you need 11,208 Euros in a Blocked Account. This money stays in your bank for a year, and you can only use 934 Euros each month. From 2024 it will be definitely around 12,000 Euros.

FAQs about study in Germany without blocked account

Which one is the most popular blocked account company in Germany?

Generally, there aren’t many blocked account companies in Germany. In Germany currently, there are four companies offering blocked accounts. These are Deutsche Bank, Fintiba, Expatrio and Coracle. According to our research, you can choose Fintiba or Expatrio. Both companies offer easy options.

Is Coracle blocked account secure?

es, their blocked account process is also simple and secure. All blocked account companies are legit in Germany and approved by the German government.

Is Fintiba a bank?

No, Fintiba is only an intermediary between you as the customer and Sutor Bank. Fintiba opens every blocked account with Sutor Bank, a private bank based in Hamburg, Germany.

How would I unblock my blocked account?

Contact your bank directly to unblock your bank account. Many reasons may cause the account to get stuck. For example, third parties may try to fraudulently access your account. So, talk to your bank and solve the problem directly.

Is it possible to study in Germany without blocked account

Yes, it is possible to study in Germany without blocked account. But you must fulfill some conditions. Such as either you have to have a scholarship to manage your costs during your stay in Germany or your friend or relative can be your host in Germany. They should write an invitation letter and state that they will cover your expenses.

Final words

Every year, developed countries like Germany admit numerous international students to higher education. They will occupy important places in the world in the near future. Any student will be able to occupy important roles in the next world only if he/she can use all the qualifications he/she has with strong willpower. Moreover, try to follow the above-mentioned guidelines.

Hopefully, this article has made it very clear how to study in Germany without a blocked account. I believe that the answers to all your questions are in this article. However, if you think some information is missing, you can highlight it through the comments below.

I am also looking forward to your thoughtful comments on the article. If you like the article and find it useful, don’t forget to share it with your friends. This step of yours may help another student as well. Good Luck!