How do I finance my training or continuing education?

Continuing education and training help people to progress. Those with knowledge and training perform their tasks in a more skillful, self-confident, and successful manner. But people also need to be able to afford the acquisition of these benefits. Courses, seminars, and training programs often involve considerable financial outlay for participants.

Those who are already established in their career and earn a good income could potentially set aside the necessary funds over time. But what about those who are just starting out in their career? And it's simply not feasible for everyone to save enough money anyway. Should these people then put their training aspirations on hold? Definitely not! There are various ways to finance continuing education.

Swiss parents are obliged to provide their children with financial support while they are still in education (initial training). This applies, for example, for studies at a college or university. A school-leaving qualification is not considered the cut-off point for initial training. In the case of additional education, the parents' contribution is voluntary. But maybe your parents have put some money aside and will be able to help you out here too.

If your continuing education is not full time, there is the possibility of securing a steady income with which you can pay the semester fees (as well as other expenses).

Both the federal government and the individual cantons award scholarships. It is also worth asking one of the roughly 13,000 Swiss foundations whether they would contribute to your training or continuing education. For an overview, visit stipendium.ch.

In addition to traditional scholarships, certain cantons also give out loans. In contrast to a scholarship, these have to be repaid at the end of your studies.

In many cases, managers are very keen to have their employees undertake continuing education and therefore are often happy to contribute to the fees for a course or seminar.

Talk to your boss about it - costs nothing to ask.

Borrowing money from a bank is a popular option. After all, financing your continuing education is an investment in your future. It is important to consider your personal budget carefully. You can only apply for a loan from a bank if you have a steady income and are at least 20 years old.