KfW lowers interest rates – a little. Interest rate for newly concluded contracts fell from 9.01 percent to 7.51 percent.

All borrowers benefit from the decline in the reference interest rate. German Student Union: Interest rate “still far too high’. Students must continue to be “clearly advised against financing their studies exclusively through the KfW student loan. The debt risk is and remains high," says CEO Matthias Anbuhl of the DSW.