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The Frankfurt School Scholarship Programme

Scholarships for excellent students

To support outstandingly qualified candidates, Frankfurt School maintains a Bachelor Scholarship Programme. 

Scholarships have the advantage over student loans and funds that the funding you receive does not have to be paid back, so you should make this funding option a high priority.

The aim of the Master scholarship programme is to provide especially talented candidates with an opportunity to study irrespective of their financial circumstances.

The Frankfurt School Bachelor Scholarship Programme

Bachelor of Science Scholarship Programme

Frankfurt School maintains a scholarship program for its Bachelor of Science in Business Administration geared toward highly qualified students. It consists of a reduction of the tuition fee for the entire duration of the studies. The semester(s) abroad are included in the scholarship, provided that students choose to go to one of our partner universities under a so-called exchange agreement.

Frankfurt School offers different types of scholarships. To maximize their chances, we encourage future students to apply for all scholarships for which they are eligible. Scholarships are awarded based on merit, which means that students need excellent school grades and a strong performance in the BSc admissions process.

Types of scholarships
General scholarships

General scholarships are open to all students with excellent grades and a strong performance in the Frankfurt School admissions process. General scholarships consist of a 25% or 50% reduction of the tuition fees.

Premium scholarships

The President's Scholarship
We award this scholarship to exceptionally highly qualified students. It includes a 75% tuition reduction and free accommodation at the Frankfurt School dorms during the first year.

German Merit Foundation (Studienstiftung) Fast Track and Scholarship
Students who are recommended by their school for a scholarship from the German Merit Foundation (Studienstiftung des deutschen Volkes) will receive priority admission to the BSc programme on a fast track. Instead of completing the full admissions process they only have to apply online, sit the interview and submit proof of language knowledge. Upon acceptance, they will automatically be granted a scholarship with 25% tuition reduction. If they are subsequently accepted into the Merit Foundation itself, Frankfurt School will increase the scholarship to 50% tuition reduction from the second semester onward.

Since schools typically submit their recommendations to the Merit Foundation in June or July future students can apply for this scholarship even if we have already admitted them to the BSc programme, provided that they have not started their studies yet. Applicants will need a confirmation signed by the headmaster of their school confirming that they have been or will be recommended for the Merit Foundation's scholarship programme.

Special scholarships

The following scholarships are open to specific groups of students and consist of a 25% or 50% reduction of the tuition fees.

Women in Business Scholarship
For female students with a proven entrepreneurial streak.

IB Scholarship
For students who have or are about to complete the International Baccalaureate (IB) Diploma Program.

Scholarship for German Schools Abroad
For students who have or are about to finish secondary education at one of the German Schools Abroad (Deutsche Auslandsschulen). The school needs to be recognized by the Zentralstelle für das Auslandsschulwesen.

Quantitative Excellence
Scholarship for students who have exceptionally high grades in math and have participated in the final round ("Bundesrunde") of the German "Mathematik-Olympiade" (Olympiadeklasse 11 or 12).

Latin American Scholarship
Scholarship for students who are citizens of one of the following Latin American countries: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Uruguay, and Venezuela.

GO WEST Scholarship
For students who are citizens of one of the following Central and Eastern European countries: Albania, Belarus, Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Kosovo, Latvia, Lithuania, Macedonia, Moldova, Montenegro, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, and Ukraine.

How to apply

Before applying for a scholarship, future students first have to apply first for entry into the BSc program at Frankfurt School, a process with multiple steps including an online application followed by assessment tests and an interview. Once applicants have been offered a place at Frankfurt School, the BSc Admissions and Scholarship Committee will automatically review their application and invite those it believes might qualify to apply for a scholarship. These applicants will then be asked to provide additional information.

The Committee meets regularly throughout the year to review applications and award scholarships. We recommend everybody interested in a scholarship to apply early as funds may be exhausted later in the year. We accept applications up to one year in advance. It is not necessary to have the final school leaving certificate at this stage.

Under no circumstances is it possible to apply for a scholarship if a student has already begun his or her BSc studies at Frankfurt School. The decision of the Committee is final and cannot be appealed. There is no legal right to a scholarship.

Conditions

The scholarship may be reduced or revoked at any time if the student behaves in a way that is incompatible with the norms and values of Frankfurt School or the intentions of the scholarship. Frankfurt School may reclaim tuition reductions if the student made false statements in the application.

The scholarship is subject to a satisfactory academic performance. Every year the BSc Admissions and Scholarship Committee reviews the performance of the students. All scholarship holders are expected to maintain a certain average grade (between 75% and 85%) over the past two semesters.

If a scholarship holder does not fulfill the condition, Frankfurt School will downgrade the scholarship for the next two semesters. The scholarship will be reinstated in full if the student meets the criteria at the subsequent review. If a student fails to meet the conditions for a second consecutive time, the scholarship will be rescinded irrevocably. If a student is only slightly below the threshold, the Committee will also evaluate and consider a student's engagement for the School community, such as leadership roles in initiatives, the Student Council or as FS Ambassador, before taking a decision regarding the tuition reduction. Exceptions in case of hardship are also possible.

Scholarship holders are expected to participate in activities that the School organizes as part of the scholarship programme. Scholarship holders also agree to be available to a reasonable amount for the School's public relation activities, such as interviews and photo sessions.

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FS Master's Scholarships

The aim of the Master scholarship programme is to provide especially talented candidates with an opportunity to study irrespective of their financial circumstances.

Overview

Frankfurt School offers scholarships to top applicants of the two pre-experience Master programmes:

Scholarships cover a partial amount of tuition for the respective programme.

Selection criteria include candidates’ academic results (grade of first degree), performance in the Frankfurt School selection procedure and candidates’ personal achievements and needs (extracurricular activities, social commitment, intercultural skills, international experience and, if relevant, professional experience, internships).

Scholarship Application Process

To be considered for a scholarship, applicants have to answer the questions in the scholarship section of the online application of the respective Master programme. Subsequent scholarship applications will not be considered. Completed applications for both pre-experience Master programmes (start date: 28 August 2017) must be submitted by 30 June 2017. Incomplete applications or applications received after this date cannot be considered for a scholarship. Frankfurt School awards the Master scholarships continuously throughout the admission process on a “first come first serve” basis. Therefore we recommend to apply as soon as possible

A scholarship committee will review the scholarship candidates once the application is completed and the applicant is admitted to the respective Master programme. The Scholarship committee’s decision is final and candidates have no legal entitlement to a scholarship.
 

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Klaus-Peter Müller Scholarship

for Master and MBA students attending a full-time programme
Klaus-Peter Müller

Klaus-Peter Müller

The Klaus-Peter Müller Scholarship was introduced through a generous one million Euros donation by Professor Dr. h.c. Klaus-Peter Müller, Chairman of the Supervisory Board of Commerzbank AG and Honorary Chairman of the Frankfurt School of Finance & Management Foundation.

The Klaus-Peter Müller Scholarship will be awarded to selected Master ans MBA students who:

  • attend a full-time Master or MBA programme
  • are from the German-speaking region (applicants connected to the region may also be considered)
  • are not able to self-fund their studies and
  • have performed exceptionally well throughout their previous studies, both academically and personally.

Full and part scholarships will be awarded to cover the tuition fee.

The selection criteria include:

  • the average grade of the first degree(s),
  • performance in the Frankfurt School application process,
  • personal attributes (motivation, engagement, extracurricular activities) and
  • the applicant’s financial and family background.

If qualifications are equal, preference will be given to applicants from large families.

All applications to the Klaus-Peter Müller Scholarship must be completed in German.

Application Process

Application

The scholarship must be applied for within the online application process, where it is required to answer the scholarship specific questions and provide supporting documents to verify eligibility. Additionally, applicants will have to submit a motivational letter expressing how they actively plan to contribute to Frankfurt School and its community.

Deadlines

The scholarship will be awarded as part of the Frankfurt School admissions process. Therefore, the scholarship application deadline is the same as the specific programme application deadline (end of June for the pre-experience Master programmes and end of July for the Frankfurt MBA). Incomplete or late applications will not be considered.

Selection

Scholarships will initially be awarded for 2 semesters only (one semester for applicants who join in the summer semester 2018) which will be reviewed after this time. Scholarships can be reduced or retracted if the scholarship holder does not meet the required expectations.

The scholarship committee will award each scholarship on an individual basis. There is no legal right to claim a scholarship.

Giving Back

Klaus-Peter Müller scholarship holders are expected to support the school as an FS ambassador and actively contribute to the Frankfurt School community. Following graduation, engagement as a FS alumnus is expected as well as relative financial support towards the scholarship pool.

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STIBET Scholarships

STIBET III Matching Funds Scholarships 2017

The STIBET programme, which is funded by the Auswärtiges Amt (Federal Foreign Office) and the DAAD (German Academic Exchange Service), provides financial support to international degree-seeking students.

The scholarships are open to students who are not German citizens, are in possession of a foreign University entrance qualification recognized by the German authorities and have successfully passed the assessment procedure of the 2017 intake.

Scholarships for international Bachelor of Science students

Frankfurt School of Finance & Management awards four scholarships worth EUR 3,000 each for incoming international undergraduate students to help them settle in.

The scholarships will be paid in five instalments of EUR 600 between September 2017 and January 2018.

Selection criteria include candidates’ school performance (grades at A-Level or equivalent), performance in the Frankfurt School admissions process and extra-curricular achievements.

It is not necessary to submit a separate application for a scholarship. All applications for admission to the Bachelor of Science that have been submitted by 31 May 2017 will be considered automatically. To apply please click here. A Frankfurt School committee selects the scholarship winners by the end of July. The committee’s decision is final and candidates have no legal entitlement to a scholarship. Students who receive other scholarships or support from their employer towards the cost of tuition are not eligible for this scholarship.

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Scholarships for international Master students

Frankfurt School awards a total of four STIBET III Matching Funds scholarships for new international Master's students in the following study programmes:

Four scholarships in total will be awarded to students in the MoF and MiM programmes. Each of these scholarships comprises a cost-of-living subsidy of EUR 600 per month from September 2017 to January 2018.

Selection criteria for all programmes include candidates’ academic results (grade of first degree), performance in the GMAT (or equivalent), and extra-curricular achievements.

It is not necessary to submit a separate application for a scholarship. All applications for admission to one of the eligible programmes that have been submitted by 30 June 2017 will be considered automatically. A Frankfurt School committee selects the scholarship winners by the end of July based on the same criteria used for admission. The committee’s decision is final and candidates have no legal entitlement to a scholarship. Students who receive other scholarships or support from their employer towards the cost of tuition are not eligible for this scholarship.

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Scholarships for Risk Management concentration

The Frankfurt Institute for Risk Management and Regulation (FIRM) will sponsor partial scholarships up to two semester fees for selected Master of Finance students in the Risk Management concentration.

Requirements

In order to be considered for the scholarships, candidates must meet the following requirements:

  • Excellent undergraduate degree
  • Admission to the Master of Finance programme at Frankfurt School and having chosen the Risk Management concentration
  • No financial support by an employer covering more than 25% of the tuition fee.

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To be considered for a scholarship, applicants have to answer the respective question in the scholarship section of the online application of the Master of Finance programme. Completed applications have to be submitted by 30 June 2018.

Subsequent scholarship applications will not be considered. Frankfurt School awards the Risk Management scholarships continuously throughout the admission process on a “first come, first serve” basis. Therefore we recommend to apply as soon as possible.

The scholarships will be awarded on an individual basis and the decision is final; applicants have no legal entitlement to a scholarship.

DAAD for international students

 sdw - the Foundation of German Business

Im Rahmen einer Kooperation vergibt die Frankfurt School ein Sonderstipendium in Form eines Freiplatzes an einen internationalen Stipendiaten der sdw für die Studienprogramme Master of Finance und Master in Management. Für dies Stipendium der Frankfurt School kommen ausschließlich Bewerber in Frage, die bereits Stipendiaten der sdw sind

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