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Daka loan

Interest-free student loan

Good news! In 2016 students may apply for an interest-free student loan from Daka, the student loan provider of the student services. The Daka loan is among the best student loans in various tests (including CHE, Finanztest). From 01/01/2016 Daka is expanding its offers and provides its loans for students at every stage of their studies. Until the end of 2015 it only supported students in their graduation phase. Rate and period of the loan depend on the individual needs.


  • The upper limit for the loan is 12 000 Euro, disbursed in monthly instalments of up to 1000 Euro.
  • The loan is interest-free; a one-off administrative fee of 5 % of the loan amount is charged.
  • The loan is transferred by the Daka office in Cologne to your personal deposit account with your bank.
  • If you have not reached the maximum loan amount, you can continue to receive support for your Master’s degree after completing your Bachelor’s.


  • Repayments begin 12 months after the last loan disbursement in instalments of 150 Euro per month.
  • If you go on to study for a Master’s immediately after receiving financial support during your Bachelor’s degree, you can apply to defer repayment without interest to begin six months after the regular duration of study for your Master’s degree.
  • Flexible repayment options are also available in other financially difficult situations.


  • You are studying at a state higher education institution in North Rhine-Westphalia.
  • You need financial assistance to cover the cost of living.
  • You can provide a guarantor to back you as security.

Applications are made to your local Studierendenwerk. There is no legal entitlement to a Daka loan.

For more information please contact Hamide Aydin of our team, or click here.

Hamide Aydin

Mon & Thu10.00 - 13.00 h
Tue13.00 - 15.30 h

Phone consultation hour: Tue & Thu 09.00-12.00 h

Hamide Aydin
Reckhammerweg 1
45141 Essen
Telefon: +49 (0)201 8 20 10 42
Email: Daka Darlehenskasse