Ukraine-Germany Program (Income Share Agreement)

WelcomeCategory: QuestionsUkraine-Germany Program (Income Share Agreement)
Abioye Abdul-Gafar Olanrewaju asked 2 years ago

1. Is the 15% and 10% gonna be paid every on my monthly income or I will pay it once yearly.
2. Is the 15% and 10% gonna be on only at least 27000 euro fixed or if I earn more than 27000 euro it’s still gonna be calculated on that amount not the 27000 euro again?
3. Does bachelor degree requires specific grade (first class, second class, third class or CGPA) to qualify for master’s program? If so what’s the chances of someone with third class to qualify for master’s program?
Is it possible to change from one field in Undergraduate to another field of study in Masters level (e.g Geology to Computer science, computer science to mechanical engineering, etc)
Thank you

Abdul-Gafar Olanrewaju AbioyeAbdul-Gafar Olanrewaju Abioye replied 2 years ago

Waiting for answer please

1 Answers
Malengo TeamMalengo Team answered 2 years ago

Dear Abioye,

  1. Usually we recommend paying monthly, but whether monthly or yearly, the amount paid should not differ.
  2. It is calculated as percentage of your total income.
  3. We do not have specific criteria in this regard, neither for grades nor subject. However, we check whether we can reasonably believe that a German degree program will accept you. As such, what will be relevant for to find out is whether you are likely to be accepted into your program of choice with your grades and Bachelor degree.

Best,
Your Malengo Team

Your Answer

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