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Financial support for future industrial masters? Expert reveals how to get the money and master the further training

Andernach.

Many skilled workers would like to train to become industrial master craftsmen, but the high costs are often an obstacle. Since June, there has been a significant increase in the promotion bonus in Hesse. Instead of 1,000 euros, there is now 3,500 euros. This support is intended to reduce the financial burden and make further training more attractive. The increase in the promotion bonus is an important incentive for skilled workers.

Future industrial masters can now receive up to 3,500 euros to finance their further training. However, it is important to submit the application correctly – and of course to prepare properly for the further training. You can find out how to receive financial support and master the further training without any problems here.

Funding under the AFBG for industrial foremen: A comprehensive overview

The Advanced Training Promotion Act (AFBG) plays a crucial role in supporting further training in Germany. Each person is entitled to a one-off budget of up to 15,000 euros to support their own further training. This budget can be used for all qualifications listed in the German Qualifications Framework (DQR). Further training to become an industrial master craftsman, which is classified at DQR level six, is one of the qualifications supported.

The AFBG office covers 50 percent of the costs for training to become an industrial master craftsman. The remaining 50 percent can be financed with a KfW loan. If the master craftsman’s examination is successfully completed, half of the loan is waived, which means that at least 75 percent of the training costs are subsidized by the state. There is another special regulation for prospective self-employed people: anyone who starts self-employment within three years of completing the training will have the entire KfW loan reimbursed. This effectively leads to full state funding for the training.

In addition to the nationwide guaranteed funding of 75 percent, master craftsman students also receive a promotion bonus from their federal state depending on where they live. One positive example is Hesse, which recently increased the promotion bonus from 1,000 euros to 3,500 euros. This means that further training to become an industrial master craftsman is practically free for people from Hesse and represents a significant incentive to pursue the path to master craftsman qualification. Interested parties can find further information about the respective federal state and a detailed calculation of individual funding at: bildungsfabrik-online.de/meister-bafog-rechner

Important steps for successful promotion and further training

In order to benefit from these funding opportunities, careful preparation is crucial. It is important to find out as much as possible about the available funding programs and their requirements before starting your training. Not only should nationwide funding opportunities such as the AFBG be taken into account, but also regional funding, which can vary depending on the federal state.

The application is also a crucial step. The application for AFBG funding must be filled out completely and correctly. Incorrect or incomplete applications often lead to delays or even rejection. It is important that all necessary evidence is enclosed, including proof of income, proof of education and confirmation from the further education institution. It is advisable to check the application forms carefully and, in case of doubt, seek advice, for example from the Education Factoryto take advantage of the loan. They advise their customers and provide support with the application process. Anyone who is thinking of starting their own business after completing their training should also find out how the loan forgiveness process works.

The choice of further education institution is also important. Interested parties should ensure that the institution is certified and that the further education meets the requirements of the German Qualifications Framework (DQR). Only then can the measure be funded. The quality of the training also plays a role – choosing a reputable institution can have a positive influence on learning success and increase the chances of a successful completion.

About Stephan Rodig and Sebastian Jund:

Stephan Rodig and Sebastian Jund are the founders and managing directors of the Bildungsfabrik. Their goal: to create a contemporary educational program for future industrial masters that can be individually combined with every day. The Bildungsfabrik is a digital master school that actively supports students until they pass their exams – and which deliberately differs from traditional institutions. More information at:

Press contact: Bildungsfabrik Coaching GmbH Stephan Rodig, Sebastian Jund E-mail: [email protected] Website: Press contact: Ruben Schäfer Email: [email protected]

Additional material: www.presseportal.de Source: Bildungsfabrik Coaching GmbH

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