
Student Financing
THE FRANKFURT SCHOOL 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%, 50%, 75% or 100% reduction of the tuition fees. Also, we take into consideration your background, motivation, financial need and extracurricular engagement.
The following Scholarship programmes are available for future BSc students:
- Diversity scholarship programme
- General FS Scholarship
- Premium Scholarship
Diversity scholarship programme
Since Autumn 2020, Frankfurt School offers a 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. Successful applicants will receive either a 15%, 25% or 50% reduction in tuition fees. If you feel that you meet one of the following criteria, you are welcome to apply for one of the following scholarships.
General FS Scholarship
The Frankfurt School General Scholarship is intended for applicants with very good grades and a good result in the application process. Applicants can receive a scholarship of 15%, 25%, 50% or 75%.
The President's Scholarship
We award this scholarship to exceptionally highly qualified students. It includes a 100% tuition reduction.
Premium Scholarship
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 they have already been admitted to the BSc programme, provided 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 minimum grade point average of 1.2 on the German grading scale.
Should you not manage to apply as soon as you started studying, you will lose the right to apply among first-year students. This also applies, if you decide to enrol in a study programme for formal reasons only.
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 Diversity Scholarship Programme is offered to support future students in these difficult times. We, therefore, encourage prospective students to apply until our application deadline - 30 June. 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 fulfil 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 with 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 organises as part of the scholarship programme. Scholarship holders also agree to be available for a reasonable amount of time for the school's public relation activities, such as interviews and photo sessions.
For those, who do not plan to study right after school, the school proposal remains valid for three years. In case you plan a volunteer service, an apprenticeship, an internship or similar and you are not enrolled at a university during this time, please apply immediately after you started your studies. You will not get any interim notifications or reminders by us. If you do an apprenticeship which last longer than three years, please contact us right away.
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's programmes:
- Master of Finance (MSc)
- Master in Management (MSc)
- Master of Artificial Intelligence & Data Science (MSc)
- Master in Financial Technology (MSc)
- Master in Real Estate (MSc)
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 and 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's programmes must be submitted by 30 June. 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.
Frankfurt School awards attractive partial scholarships with the aim of enhancing the diversity of our MBA. You can apply for up to two scholarships directly in your online MBA application (but only one scholarship can be awarded) We offer the following scholarship options:
- High-Performing & Outstanding Candidates Scholarship: This scholarship aims to give recognition to applicants with outstanding academic performance and career trajectory as well as an excellent admissions performance.
- Entrepreneur & Leadership Scholarship: For motivated applicants with proven entrepreneurial and/or leadership skills and achievements or concrete plans of establishing their own business.
- Sector-Specific Scholarship (e.g. Engineering, Finance, Technology, Innovation): For applicants with a specialised background in any field and career trajectory in their area of expertise, who are looking to gain general management & business knowledge with an MBA to further develop their career (this scholarship is not available for the International Healthcare MBA).
- Women in Business Scholarship: For female applicants who have demonstrated success, professionally or personally, in the field of business.
- Diversity Scholarship: For international MBA applicants who bring diversity and a global mindset to the classroom with their background or previous experience.
Overview
We award scholarships to applicants for the following programmes:
Scholarships cover a partial amount of tuition for the respective programme (up to 30%).
Selection criteria also include the candidates’ academic results, admission test, application quality, personal achievements and needs. This includes extracurricular activities, social commitment, intercultural skills, international experience and 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.
BACHELOR OF SCIENCE SCHOLARSHIP PROGRAMMES
Our BSc Diversity Scholarships are awarded as either a 25% or 50% reduction in tuition fees.
Women in Business Scholarship
For German and international female applicants with excellent school grades and a proven strong interest in business.
Entrepreneurship Scholarship
For German and international applicants who have already founded a company or are in the process of founding one.
Quantitative Excellence Scholarship
For German and international applicants with a strong interest in data analysis and innovative application, or applicants who are highly engaged in one of the STEM fields.
Speech and Debate Scholarship
For German and international applicants with outstanding communication skills and a proven interest in public speaking and debate.
Social Engagement Scholarship
For German and international applicants with good academic performance who have demonstrated considerable involvement in extracurricular social activities.
International Excellence Scholarship
For international applicants with excellent academic and extracurricular achievements.
Sports Scholarship
For German and international applicants with good academic performance who compete in sports at a high level and wish to continue doing so during their studies.
ARDIAN Scholarship
ARDIAN Foundation is committed to social mobility. For students with proven financial need.
During your application for one of our BSc programmes at Frankfurt School, you have the opportunity to apply for a scholarship and state why we should award you one. Once applicants have been offered a place at Frankfurt School, the Admissions and Scholarship Committee will let you know whether your application was successful.
The Committee meets regularly throughout the year to review applications and award scholarships. Our Diversity Scholarship Programme has been offered since May 2020 to support future students in these difficult times. We therefore encourage prospective students to apply by our application deadline.
Under no circumstances can a student apply for a scholarship if they have already begun their studies at Frankfurt School. The Committee's decision is final and cannot be appealed. There is no legal right to a scholarship.
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 satisfactory academic performance. Every year the 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 fulfil the conditions, 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 with 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 organises as part of the scholarship programme. Scholarship holders also agree to be available for a reasonable amount of time for the School's public relation activities, such as interviews and photo sessions
MASTER OF SCIENCE SCHOLARSHIP PROGRAMMES
Our MSc Diversity Scholarships cover a partial amount of the tuition fee in our Master of Finance, Master in Management, Master of Artificial Intelligence and Data Science, Master in Financial Technology and Master in Real Estate programmes.
Entrepreneurship Scholarship
For motivated students with a proven entrepreneurial streak that has shown global outreach.
Global Development Scholarship
For students from developing economies who have shown excellent academic performance. This scholarship is specifically but not exclusively for students from South-East Asia, Latin America, Eastern Europe and Africa.
Global Diversity Scholarship
For students who bring diversity to the classroom in terms of background or previous experience.
Social Engagement Scholarship
For students who have shown a strong interest in leading extracurricular social activities.
Sports Scholarship
For students who have demonstrated an outstanding sporting ability.
STEM Scholarship
For students with a proven motivation in science, technology, engineering or mathematics.
Women in Business Scholarship
For female students who have demonstrated potential professionally or personally in the field of business.
CHOM CAPITAL Sustainable Impact Diversity Scholarship (exclusively for Master of Finance and Master in Financial Technology applicants)
For students who have a proven interest in sustainability issues and want to select our Sustainable Finance concentration. The scholarship is made possible by CHOM CAPITAL GmbH. Application Deadline: 31 May
Corporate Governance Diversity Scholarship (exclusively for Master in Management, Master of Finance, Master in Corporate Performance & Restructuring, Master in Mergers & Aquisitions and Master in Banking & Capital Markets Law applicants)
For students who have a proven interest in corporate governance issues and commit to writing their thesis on a corporate governance topic. The scholarship is made possible by the Corporate Governance Institute at Frankfurt School. Application Deadline: 31 May
Deutsche Anlagen Leasing Sustainable Finance Diversity Scholarship
(exclusively for applicants to the Master of Finance, Master in Management, and Master in Financial Technology programs)
For students with a demonstrable interest in sustainability issues who wish to choose our Sustainable Finance concentration. German language skills at least at B2 level are required. The scholarship is made possible by Deutsche Anlagen-Leasing.
Application deadline: May 31
Deutsche Anlagen Leasing Women in Business Scholarship
(exclusively for applicants to the Master of Finance, Master in Management, and Master in Financial Technology programs)
For female students pursuing a career in the financial sector. German language skills at least at B2 level are required. The scholarship is made possible by Deutsche Anlagen-Leasing.
Application deadline: May 31
Deutsche Bank - Technology, Data & Innovation Diversity Scholarship (exclusively for Master in Financial Technology and Master of Artificial Intelligence & Data Science applicants)
Deutsche Bank is proud to support exceptional candidates every year with generous scholarships. Application deadline: May 31
Hamer Diversity Scholarship (exclusively for Master of Artificial Intelligence & Data Science applicants)
Andy Hamer is a German-American investor, business leader, and Frankfurt School alumnus who serves as a venture advisor, supporting outstanding female candidates with scholarships and mentoring. Application deadline: May 31
Helaba
(exclusively for applicants to the Master of Real Estate program)
Every year, Helaba supports outstanding candidates who are pursuing a career in the real estate industry with generous scholarships. Application deadline: May 31
Mahoutchian Women in Business Diversity Scholarship
(exclusively for applicants to the Master of Finance programme)
Dennis Mahoutchian is a Frankfurt School alumnus who supports outstanding female students with a scholarship. Application deadline: May 31
WM Gruppe (Börsen-Zeitung) Women Diversity Scholarship (exclusively for Master in Financial Technology and Master of Artificial Intelligence & Data Science applicants)
WM Gruppe (Börsen-Zeitung) is proud to support outstanding female candidates every year with generous scholarships. Application deadline: May 31.
FIRM Risk Management Scholarships
(exclusively for applicants to the Master of Finance or Master of Financial Technology programme)
For applicants who choose the Risk Management concentration. The Frankfurt Institute for Risk Management and Regulation (FIRM) sponsors partial scholarships. Scholarships are awarded continuously during the admission process on a first-come, first-served basis. The scholarships are granted individually; decisions are final, and there is no legal entitlement. Application deadline: June 30
Lincoln International Scholarship: Empowering Women in Business & Strategy
(exclusively for applicants to the Master of Finance or Master in Management programme)
For female applicants pursuing a career in M&A. Successful candidates commit to a summer internship at Lincoln International's Frankfurt office, receive additional training, networking opportunities and mentoring programmes, and have the opportunity to work with international professionals in various M&A sectors – with the prospect of a permanent job offer after completing their master's degree. German language skills at a minimum B2 level are required. Application deadline: 30 June.
MOMENI-Scholarships
(exclusively for applicants to the Master's in Real Estate programme)
For applicants enrolled in a full-time Master in Real Estate programme. This offer is intended to promote the next generation of leaders in the real estate industry. The scholarships are made possible by the MOMENI Group Foundation. Application deadline: 30 June.
Women in M&A. Beyond Capital Partners-Scholarship
(exclusively for applicants to the Post-experience programme Master of Mergers & Acquisitions) Frankfurt School alumnus Christoph D. Kauter, Managing Partner at Beyond Capital Partners, is supporting talented women pursuing careers in Mergers & Acquisitions through the newly established Beyond Capital Partners Scholarship. The scholarship aims to enhance the representation of women in the financial industry and support their professional advancement within the M&A sector. Application deadline: June 30.
During your application for one of our MSc programmes at Frankfurt School, you have the opportunity to apply for a scholarship and state why we should award you one. Once applicants have been offered a place at Frankfurt School, the Admissions and Scholarship Committee will let you know whether your application was successful.
The Committee meets regularly throughout the year to review applications and award scholarships. Our Diversity Scholarship Programme has been offered since May 2020 to support future students in these difficult times. We therefore encourage prospective students to apply by our application deadline.
Under no circumstances can a student apply for a scholarship if they have already begun their studies at Frankfurt School. The Committee's decision is final and cannot be appealed. There is no legal right to a scholarship.
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 satisfactory academic performance. Every year the 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 fulfil the conditions, 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 with 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 organises as part of the scholarship programme. Scholarship holders also agree to be available for a reasonable amount of time for the School's public relation activities, such as interviews and photo sessions
Doctoral Programmes Bursary Award
(exclusively for students in the doctoral programme at Frankfurt School's Finance Department)
The goal of the Bursary Award is to provide both non-material and financial support for outstanding research in the field of asset pricing within the framework of Frankfurt School's doctoral programme. The Invesco Bursary Award is to be presented to an emerging researcher with a research focus in asset pricing to recognise academic achievement and innovation. Students in Frankfurt School's doctoral programme in the Finance Department, beginning in their third year of study, are eligible for the Scholarship Award. The Bursary Award is made possible by Invesco.
Selection process
The Bursary Award is presented every three years to an emerging researcher whose research focuses on asset pricing, in recognition of academic excellence and innovation. Students in the doctoral programme at Frankfurt School Finance Department are eligible for the study prize from their third year of study onwards. The Bursary Award promotes academic excellence.
The selection committee consists of the Department Head at Frankfurt School, the Vice President of Research, and the recommending professor (the faculty member who nominated the candidate). The committee reviews the candidate's academic achievements in their doctoral studies and the relevance of their research work to the topic of asset pricing.
There is no legal right to a Bursary Award.
Klaus-Peter Müller Scholarship
The Klaus-Peter Müller Scholarship was introduced through a generous one million Euro donation by Prof. 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
The scholarship must be applied for within the online application process, where the applicant 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 the FS community. Please note that the scholarship is exclusively open to German citizens as well as individuals who have obtained their higher education entrance qualification (e.g., the German Abitur) in Germany.
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
- Admission letter has to be received by 15 May
- The scholarship will be awarded by 2 June
Round 2
- Application deadline: 30 June
- Admission letter has to be received by 15 July
- The scholarship will be awarded by 4 August
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.

DEUTSCHLANDSTIPENDIUM
Frankfurt School was one of the first German universities to engage with the Deutschlandstipendium federal scholarship programme.
In 2026/27, FS expects to award 60 scholarships for students in all programmes (except doctoral).
Eligible: anyone admitted to or enrolled in a Bachelor’s or Master’s programme at FS for WS 2026/27
FS encourages diversity: women and students with immigrant backgrounds are especially invited to apply.
Scholarship: €300 per month, paid as a non-repayable grant, conditional on FS enrolment.
Application forms may be downloaded from the FS Scholarhips website.
Applications may be submitted in German or English.
2026, May 4 – June 11 (1:00 p.m. CEST)
Documents for application can be downloaded from this side as of April 27, 2026.
Completed application documents may only be submitted by e-mail to Frankfurt School deutschlandstipendium@fs.de
COUNTRY SPECIFIC FUNDING MEXICO
FIDERH offers loans to Mexican students admitted to Frankfurt School Masters’ and MBA programmes.
The loan is offered for studies of up to 24 months in duration with the maximum amount of 200 000 MXN per year. The loan amount may be used for tuition and living expenses.
- Applicable to study programmes already under way
- No administrative costs
- No payments and no interest during the studies
- Students receive the resources in foreign currency and pay back in Mexican pesos
- Start of repayment one year after graduation
- 10 year repayment period
- Discount in interest payments if students pay on time and return to work in Mexico
- Interest payments are foregone if students return to work at a Mexican university as a researcher or professor
For more information and to apply for the loan, please visit the FIDERH website.
OTHER FINANCING OPTIONS
US Financial Aid
Federal and private funding available to eligible U.S. students.
Loans and Funds
Borrowed money or institutional funds that must typically be repaid.
BAföG
Financial support programmes available depending on your home country.

