Foundations for providing scholarship money to “gifted” students.
The Frankfurter Allgemeine said in addition to the Studienstiftung des deutschen Volkes [Studies Foundation of the German People], there are 12 smaller foundations in Germany that also provide scholarships to “gifted” students. The twelve are anchored in core society groups such as the political parties, religions, labor unions and employers. The smaller foundations receive some or all of this scholarship money from the federal Education Ministry and pass it on to the students they select, after taking 14% for administrative costs.
1% of German university students receive money from these groups, nearly 26,000 students in 2013.
In the past, the gifted scholarships consisted of a need-based monthly allowance, calculated using Bafög data, plus a monthly supplement called “books money” [Büchergeld] that has now been renamed [Studienkostenpauschale, “study expenses grant”] after it was announced in February that it would be increased to 300 euros/month effective September 2014.
A similar merit-based scholarship of 300 euros/month—150 from the Education Ministry, 150 from a sponsor— that was seen as competition to the books money is called the Deutschlandstipendium, Germany Scholarship, available to any German university and to qualifying students from any nationality.
(Beh GOB ten fir-r-r dare oongs verk ah.)