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Why did I apply to a German university? LMU isn't just one of the top 50 universities in the world; The program to which I have been accepted is perfectly suited to expand upon my my educational background, and to inform my research interests. I couldn't find a similarly well suited program in the US, and those which seemed to have potential would have imposed out-of-state tuition fees. At LMU, there are no tuition fees whatsoever! While this will save me quite a bit of money, the US Dept. of Education doesn't provide loans to American students studying in Germany. Therefore, I am looking for all of the help I can get!
I will be living in Munich for 2 years. Munich is a fantastic city, and a financial epicenter. Because of this, living costs in Munich are fairly high. While I will be attempting to locate student living accommodations to save on rent costs (approx $350 a month), additional fees including transportation, health insurance, books, and basic needs bring my estimated cost of living to around 800-1000 euro / month... that's $1,032-1,290, or about $24,000-30,000 for two years overall. While I am working hard to save my own income, and I am actively searching for grants and private loans, any assistance you can provide will help massively. Thank you all so very much!
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