SDDV meaning in International ?

Answer: What is Studienstiftung des deutschen Volkes mean?

The German Academic Scholarship Foundation (German: Studienstiftung des deutschen Volkes, or Studienstiftung for short) is Germany's largest and most prestigious scholarship foundation. According to its statutes, it supports "the university education of young people who, on account of their exceptional academic or artistic talents and their personalities, can be expected to make an outstanding contribution to society as a whole". The Studienstiftung is non-political, non-denominational and ideologically independent. Its headquarters are located in Bonn; it also has an office in Berlin. The current president is Reinhard Zimmermann, and the President of Germany, Frank-Walter Steinmeier, is patron (Schirmherr).

The Studienstiftung, like 12 other scholarship foundations (Begabtenförderungswerk), is funded by the German Federal Ministry of Education and Research, with funds from the federal government, the German federal states and local authorities, numerous foundations and businesses as well as numerous private donors. In 2015, the Studienstiftung's budget was over €103 million. Between 1925 and 2015, it has supported over 65,000 students and doctoral candidates; it currently has over 60,000 alumni worldwide.

The selection process is extremely rigorous and only those students who show outstanding academic and personal promise are chosen. The Studienstiftung awards scholarships to fewer than 0.5% of German students. It is often referred to as Germany's "secret elite university".

Initially founded in Dresden in 1925 as a department of the Deutsche Studentenschaft, an amalgamation of German student committees, the Studienstiftung des deutschen Volkes was dissolved in 1934 under National Socialism and replaced by the "Reichsförderung", a department of the newly founded Reichsstudentenwerk. The Studienstiftung des deutschen Volkes was newly formed as a registered association in Cologne in 1948.

reference

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