In the following, we will give you an overview of what the basis for the "Monthly Blocked Amount" is and what amounts are usually required.
What is the basis for the Total Blocked Amount?
The amount of money you need to have while living in Germany is set by the Bundesausbildungsförderungsgesetz (BAföG), the regulation of grants and loans for students in Germany to cover their living expenses while studying. As the purpose of opening a blocked account is to ensure that you have the required financial means to live in Germany, the Monthly Blocked Amount is meant to be used for your living expenses per month.
How much money do I have to block per month?
Currently, the standard Monthly Blocked Amount is €720 per month or €8640 annually. In certain cases, the authority handling your visa application will ask you to deposit a different amount though.
As of 1st of August, 2019, the "BAföG" will be adjusted which means that the standard Monthly Blocked Amount will change as well (it will increase). Till 2020, it will rise to €836 per month. During the transition period, it might vary between €720 and €836, depending on your local German authority which is handling your visa application. You can freely choose the amount in our "Total Blocked Amount Calculator" (see screenshot in the following - the maximum of €800 will be adjusted to €1,000 within the next days).
Hint: Depending of your individual case, scholarships, embassies or consulates and countries may sometimes request amounts that differ from the amounts as stated above.