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The Frankfurt School Scholarship Programme

Scholarships for excellent students

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

Scholarships have the advantage over student loans and funds in that the funding you receive does not have to be paid back.

The Frankfurt School Bachelor of Science Scholarship Programme

Bachelor of Science Scholarship Programme

Frankfurt School maintains a scholarship program for its Bachelor of Science 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 which are open to all students with excellent grades and a strong performance in the Frankfurt School admissions process. They consist of a 15%, 25% or 50% reduction of the tuition fees. Also, we take into consideration your background, motivation and extracurricular engagement.

The following Scholarship programmes are available for future BSc students:

  • New in 2020: Diversity scholarship programme
  • Premium Scholarship

New in 2020 - Diversity scholarship programme

Due to the current situation, Frankfurt School is pleased to announce a new merit-based scholarship programme to ensure that talented students from a diverse range of backgrounds can focus on their future without worrying about their finances.

The diversity scholarship programme promotes diversity in terms of race, academic background, gender and ability and consists of either a 25% or 50% reduction in tuition fees. If you feel that you meet one of the following criteria, you are welcome to apply to one of the following scholarships.

Premium Scholarships

The President's Scholarship
We award this scholarship to exceptionally highly qualified students. It includes a 75% tuition reduction.

German Merit Foundation (Studienstiftung) Fast Track and Scholarship ("allgemeine Hochschulreife/Abitur" only)
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 50% tuition reduction. If they are subsequently accepted into the Merit Foundation itself, Frankfurt School will increase the scholarship to 75% tuition reduction from the third 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. Students also need to maintain a minium grade point average of 1.5 on the German grading scale.

How to apply

During your application for one of the BSc programmes at Frankfurt School you have the opportunity to apply for a scholarship and state why we should award you a scholarship. Once applicants have been offered a place at Frankfurt School, the BSc Admissions and Scholarship Committee will let you know whether we will award you a scholarship.

The Committee meets regularly throughout the year to review applications and award scholarships. Our new Diversity Scholarship Programme is offered as of May 2020 to support future students in these difficult times. We therefore encourage prospective students to apply until our application deadline - 30 June 2020. 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 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.

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 our pre-experience master programmes:

Selection criteria include candidates’ academic results (grade of first degree), admission test score (e.g. GMAT), 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). Scholarships cover a partial amount of tuition. 

Scholarship Application Process

To be considered for a scholarship, applicants have to answer a question in the scholarship section of the online application form. Scholarship applications sent after the application will not be considered. Completed applications for all of our pre-experience master programmes (start date: 24 August 2020) must be submitted by 30 June 2020. Incomplete applications or applications received after this date cannot be considered for a scholarship. Frankfurt School awards master scholarships continuously throughout the admission process on a first come first serve basis. 

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

FS MBA Scholarships

Frankfurt School awards partial scholarships to outstanding applicants, enhancing the diversity of our MBA programmes.

We provide financial support to candidates with enriching assets, this includes but is not limited to:

  • Women in business
  • International participants
  • High-performing & outstanding candidates

Overview

We award scholarships to applicants for the following programmes:

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

Selection criteria includes the candidates’ academic results, admission test/ GMAT results, application quality, personal achievements and needs. This includes extracurricular activities, social commitment, intercultural skills, international experience, professional experience.

Scholarship Application Process

Scholarships must be applied for within the online application, there is no separate scholarship application. Subsequent scholarship applications will not be considered. Frankfurt School awards MBA scholarships on a rolling basis. We therefore recommend applying as soon as possible.

The MBA scholarship committee will review the scholarship application once the admission decision has been made. The scholarship committee’s decision is final and candidates have no legal entitlement to a scholarship.

We are happy to advise on an individual basis, feel free to get in touch.

New in 2020 - Bachelor of Science Diversity scholarship programme

Due to the current situation, Frankfurt School is pleased to announce a new merit-based Bachelor of Science scholarship programme to ensure that talented students from a diverse range of backgrounds can focus on their future without worrying about their finances.

The diversity scholarship programme promotes diversity in terms of race, academic background, gender and ability and consists of either a 25% or 50% reduction in tuition fees. If you feel that you meet one of the following criteria, you are welcome to apply to one of the following scholarships.

Overview of Diversity Scholarships

Women in Business Scholarship
For female students with a proven motivation in business.

Entrepreneurship Scholarship
For motivated students with a proven entrepreneurial streak.

Global 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.

Data Science
For students with very good mathmatical skills and strong interest in the analysis and innovative usage of data.

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.

MINT Scholarship
For students who show extracurricular engagement in one of the MINT subjects and study at a MINT school.

Social engagement scholarship
For students who have shown a strong interest in extracurricular social activites.

Intercultural competencies scholarship
For students who have already gained international experience and shown that they have strong intercultural competencies.

Sports Scholarship
For students who have demonstrated an outstanding sporting ability.

How to apply

During your application for one of the BSc programmes at Frankfurt School you have the opportunity to apply for a scholarship and state why we should award you a scholarship. Once applicants have been offered a place at Frankfurt School, the BSc Admissions and Scholarship Committee will let you know whether we will award you a scholarship.

The Committee meets regularly throughout the year to review applications and award scholarships. Our new Diversity Scholarship Programme is offered as of May 2020 to support future students in these difficult times. We therefore encourage prospective students to apply until our application deadline - 30 June 2020. 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 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.

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 Euro 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.

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.

The scholarships are being awarded in two rounds:

Round 1

  • Application deadline: 15 April 2021
  • Admission letter has to be received by 15 May 2021
  • The scholarship will be awarded by 3 June 2021

Round 2

  • Application deadline: 30 June 2021
  • Admission letter has to be received by 15 July 2021
  • The scholarship will be awarded by 5 August 2021

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

Selection

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.

KPM Scholarship holders

Ecmel Hamarat

Ecmel Hamarat

Master of Finance

From: Frankfurt am Main (Hessen)

Bachelor Degree: BSc Economics and Business Administration

Nikolai Schütze

Nikolai Schütze

Master of Finance

From: Siegen (North Rhine-Westphalia)

Bachelor Degree: BA Business Administration

Markus Losse

Markus Losse

Master of Finance

From: Diez an der Lahn (Rhineland-Palatinate)

Bachelor Degree: BSc Insurance and Finance

Matthias Schmitt

Matthias Schmitt

Master in Management

From: Bühl (Baden-Württenberg)

Bachelor Degree: BSc International Finance

STIBET Scholarships

STIBET III Matching Funds Scholarships 2020

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 2020 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 and January.

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 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 to January.

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 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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Deutschlandstipendium

Frankfurt School was one of the very first German universities to engage with the Deutschlandstipendium federal scholarship programme, right at the start.

In award year 2020/21, Frankfurt School expects to be able to award 30 scholarships to students on all academic programmes (except for the doctoral programme). Applications are open to anyone who fulfils the admission requirements for a Bachelor’s or Master’s degree course at Frankfurt School and is due to embark on such a course at Frankfurt School in the 2020/2021 winter semester (i.e. has already returned the countersigned study agreement to Frankfurt School) or is already enrolled in a Bachelor’s or Master’s programme at Frankfurt School.

Application forms for first-year students and students already enrolled in programmes can be downloaded from this website.

Frankfurt School has always made strenuous efforts to encourage diversity. In view of this high priority, the business school encourages women and students from immigrant backgrounds in particular to apply for Deutschlandstipendium scholarships.

The scholarship is paid out in an amount of 300 euros per month and is awarded as a (non-repayable) grant. Payment is conditional upon the scholarship holder being enrolled at Frankfurt School.

Completed application documents may only be submitted by e-mail to Frankfurt School (look for more details in the respective application form). Applications may be submitted in either German or English.

Timeframe for submitting applications: April 6 to June 17, 2020

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 two semester fees.

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 2020.

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.

Hagenmüller Foundation Scholarship

Professor Dr. Karl Friedrich Hagenmüller was a founding member of the bank academy, which later became Frankfurt School.

The Hagenmüller-Foundation is pleased to support one Master in Applied Data Science student a year through a partial scholarship of €5,000. The Hagenmüller Foundation Scholarship is awarded to excellent candidates on an individual basis. Interested applicants have the opportunity to apply within the online application.