Class groupings are dissolved and instead students choose an individual combination of courses.
The idea behind this concept is not to prepare students for university, where they have to create their own timetable, as is sometimes claimed based on the mere analogy.
The Kollegstufe does not yet allow students to specialize on one or very few subjects like the university does, so a complex set of rules for the Kollegstufe ensures that important subjects (e.g. mathematics, languages) cannot be dropped, a sufficient coverage for different fields of education is achieved and the number of lessons per week covers the required minimum.
If you finish the Kollegstufe successfully, which means you comply with all the regulations and pass the final exams, you get the "Abiturzeugnis", formally called "Zeugnis der Allgemeinen Hochschulreife", which entitles one to attend a German university.
As educational matters are decided by the governments of the federal states, these differences can be quite big.