Other country-specific funding

Student Services

Columbia

COLFUTURO

Colfuturo is a Colombian foundation that supports academically outstanding students pursuing full-time postgraduate studies abroad.

 Students receive a loan of up to 50,000 USD to cover tuition, living expenses, and insurance. 

 Benefits:

  • No administrative costs 
  • No payments during the studies
  • Co-financing is allowed
  • Students receive the resources in USD and pay back in USD
  • Start of repayment one year after graduation
  • 10 year repayment period
  • Loan forgiveness of up to 80% under certain conditions 

For more information and to apply for the loan, please click here:

Mexico

FIDERH (Fondo para el Desarrollo de Recursos Humanos)

FIDERH is a federal trust fund managed by Banco de México. It provides financial support to Mexican citizens who wish to pursue postgraduate studies, either in Mexico or abroad, including programs at Frankfurt School. The objective of FIDERH is to promote the academic and professional development of highly qualified individuals in key areas of national relevance.

Loan Conditions

The program offers low-interest loans in Mexican pesos (MXN) to cover tuition fees, living expenses, health insurance, and other study-related costs. FIDERH operates through official calls for applications (“convocatorias”), which specify the available funds, requirements, and deadlines.

Eligibility

  • Applicants must be Mexican citizens (by birth or naturalization).
  • The postgraduate program must be officially recognized by FIDERH and have a minimum duration of nine months.
  • Applicants must provide a final letter of admission from the host university.
  • Only in-person programs are eligible - online or distance-learning programs are not supported.
  • Programs that have already started may be eligible if at least six months of study remain.
  • Applicants are typically required to demonstrate a minimum GPA (around 7.8 on the Mexican scale) and submit language proficiency certificates when applicable.

Repayment

Repayment begins after the completion of studies, with a grace period typically granted before installments start. The repayment schedule and interest rate are determined according to the terms published in each official call.

Application Process

Applications are submitted directly through FIDERH’s online platform. Frankfurt School supports candidates during the process by providing institutional documentation required by FIDERH for loan approval.

For more information please visit the FIDERH website: