Financing your studies

Bachelor of Science Scholarship Programme

Frankfurt School maintains a scholarship programme 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.

We offer 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
STIBET III Matching Funds Scholarship

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.

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.

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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 with good grades who have shown a strong interest in extracurricular social activites.

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

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

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 ("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.

STIBET III Matching Funds Scholarship

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 for the current intake.

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 30 June 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.

Financing your studies is a complex issue which should be planned with a long-term view. We’ll be delighted to advise you in person.

You should consider your studies as an investment in your professional future. As a world-class business school, we offer you not just optimum conditions for studying but also outstanding career prospects with an extremely attractive starting salary level.

A bachelor’s degree from Frankfurt School opens up excellent prospects for your professional future.

In order to deliver the highest quality in teaching and research we also require the utmost commitment dedication from our students. This is the only thing that counts: your current financial situation is not a deciding factor for acceptance into a Frankfurt School programme.

Study first, pay later

The Generation Contract (GC) is an innovative model in cooperation with Brain Capital to finance your studies. The GC allows the applicant* to study at Frankfurt School without paying tuition fees during the study programme. Repayment starts after a successful career entry and after obtaining a minimum income of 30,000 EUR gross salary. Then alumni pay back a fixed percentage of their income over 10 years.

Frankfurt School Generation Contract

New financing option - Monthly payment

In light of the current situation, Frankfurt School is pleased to announce a new monthly payment scheme to ensure students do not need to worry about their finances in these uncertain times.

Frankfurt School thus created subsidised financing packages, some of which include reduced dorm costs for the first year. You can find more information here.