Part-time study - The costs at a glance

The fact that part-time study involves costs is obvious to everyone and needs no further explanation. How high the financial burden actually is depends on a number of factors. In this article, we will introduce you to the topic and tell you what total costs you can expect. If you are interested in our educational offers, you can request information material here at any time or get free advice (+49 (0)7533 919 23 - 86 or studium@allensbach-hochschule.de).

Part-time study - costs of attending university

Attending an on-campus university is usually free of charge. Although there have been attempts in recent years to fill the coffers of the federal states by charging tuition fees, these were quickly abolished. Today, tuition fees no longer have to be paid in any federal state. Exceptions are states such as Bremen, which have introduced fees for long-term students (in this case from the 15th semester onwards).

The situation is different in the area of private educational institutions. If you enrol at a non-state university, you can expect to pay more than the €500 per semester that was charged by state universities until a few years ago. At the Allensbach University of Applied Sciences Bachelor Business Administration-Study 375 euros per month due. For Master's degree programs, such as the Master Financebecome 590 euros per month raised. You can find further relevant information in our article "Costs for distance learning: what you need to know".

Part-time study - Costs for educational materials

The times when you had to budget high costs for educational materials such as books or journals when studying part-time are over. long gone. Of course, books are still needed today, but most of the content is now available online. Modern universities such as Allensbach University make all teaching materials available in the learning management system. In addition, students can access an extensive online library and download ebooks.

Students are also well advised to keep an eye on current economic developments. The Internet is also the best source of information for this. However, it doesn't hurt to take a look at Print publications to throw. Magazines like the Business Week or the Handelsblatt can be purchased at any well-stocked newsagent.

Part-time study - costs of living

Secure funding is one of the biggest advantages of online study for working people. While students without a degree usually have to keep their heads above water with part-time jobs, working people receive a salary and can use it to cover their expenses. Strictly speaking, studying while working means that no costs at all that go beyond normal living expenses - because: If he or she did not study online, the costs for everyday items would be the same.

Part-time study - tax deductible costs

Most people who study part-time do not know that the costs of part-time study can be deducted from tax. The decisive factor here is that it is a First degree (for example with the study goal Business Administration Bachelor) or a Further training measure for higher qualificationg (e.g. with the study objective MBA Business Administration and Management).

If the studies are undertaken for one of the above-mentioned purposes, tax deductibility is possible. If it is a further education measure for purely personal interest, the following can be deducted for part-time studies no costs can be claimed.

There are basically two ways to claim distance learning or online studies for tax purposes. The first option is to deduct the costs as a special expense. However, special expenses are only deductible to a limited extent and without a loss carryforward. Income-related expenses, on the other hand, can be with loss carryforward and unlimited deduction can be deducted.

A first degree course after completing an apprenticeship is treated for tax purposes as a Training measure seen. This means that the costs can be fully deducted as business expenses or income-related expenses. If you start an apprenticeship after leaving school Online Bachelor studythe costs can only be recognized as Special edition be weaned. People who Study while workingare therefore in a better position than school leavers - at least as far as tax deductibility is concerned.

Find out now without obligation!

Have we aroused your curiosity? If you are interested in studying online at Allensbach University, you are welcome to contact us. get free advice. We will answer all your questions and tell you how you can minimize the costs of your part-time studies - for example by crediting prior learning. Our student advisory service is available on tel. +49 (0)7533 919 23 - 86 or by mail (studium@allensbach-hochschule.de) are available. Get in touch today and start a new chapter in your life with us!