Financial Aid

Information on scholarships and student loans

(for EU-students only)

The study programmes at the private, state accredited IUBH School of Business and Management offer excellent prospects for your personal business career.
Our university's aim is to give all prospective students the opportunity to study at our university - regardless of their economic situation.

This is why we offer a range of financial assistance opportunities. If you’d like to know more, please contact our study advisors. They’ll be happy to answer your questions.

1. Scholarships

IUBH awards scholarships to highly motivated applicants with excellent school performance and the potential to excel. In addition to our own IUBH scholarships, the university is supported by cooperation partners such as AIDA, Phoenix Reisen, Deutsche Lufthansa and the Liessem Foundation. Each year, a number of German Scholarships (Deutschlandstipendium) are also made available to the IUBH School of Business and Management by partner companies.
Detailed information can be found in our information document on scholarships.

Full Scholarships for Applicants from the Greater Bonn Area

The Liessem Foundation has cooperated with IUBH School of Business and Management since September 2007. It helps young people with financial need to pursue educational and professional development goals. The foundation awards full scholarships to IUBH students on a rolling basis. The following criteria are decisive:

  • The applicant lives in the greater Bonn area
  • The applicant stands out due to character, willingness to learn, perseverance, and determination to strive
  • The upper limit for income and financial circumstances is determined according to §53 of the Regulation of Taxation
  • Documents needed for submission of the application: notice of income tax assessment and tax return, pension statements, statements of unemployment benefits etc.

Please send your application directly to IUBH.

German Scholarship (Deutschlandstipendium)

The German Scholarship supports highly talented students who demonstrate promise for exceptional educational and professional achievements. A monthly grant of €300 is usually given for at least two semesters and at most for the standard period of the degree program. The federal government pays €150 and the other half is paid for by a private sponsor (IUBH partner companies).

2. Student loans

IUBH students (from EU only) can apply for financial assistance for their studies (special conditions) e.g. from Deutsche Bank.

The PDF document gives detailed information on several ways to finance your studies.

3. IUBH Education Fund

The Education Fund is an innovative and risk-free way to finance education. Students who participate in the IUBH Education Fund - Reverse Generation Contract - pay no tuition or only part of the tuition fees while studying at IUBH.

The core of this innovative is that students first make income dependent repayments after graduation and after reaching a certain level of income when they start working. The exact percentage of the gross salary to be repaid later and over what time period is determined before the degree programme begins.

Application Requirements

All students who have German citizenship (or a permanent residence and work permit in the EU) and have passed the Assessment Day at IUBH School of Business and Management with at least 60% can finance their tuition fees over the IUBH Education Fund.

There are no application deadlines. Students who are already enrolled can also apply to the IUBH Education Fund. A letter of acceptance to study at IUBH is a prerequisite for an application.

Please find here detailed information.

4. BAföG

Being a state-recognised university, IUBH students are eligible to apply for a partly repayable student BAföG grant (German law for educational support). BAföG can provide additional support for the coverage of living costs.

International students can apply for a BAföG student grant only under certain conditions. As a general rule, prerequisites are an intention to stay in Germany and social integration. Generally, Non-EU students are often not eligible as the law is very restrictive. International studentsneed to fulfill at least one of the following criteria in order to be eligible for BAföG:

  • One of your parents has German citizenship
  • You have or have had a German spouse
  • You are a legitimate asylum seeker, stateless or a refugee
  • One of your parents was legally employed in Germany for three years within six years before the beginning of studies, or
  • He/she was legally employed in Germany for five years before the beginning of studies

 

For further information on BAföG please call the free info-hotline +49 (0)800 - 22 36 341
or contact the following BAföG institution:

Amt für Ausbildungsförderung Bonn
Studentenwerk Bonn
Nassestraße 11
53113 Bonn

Tel.: +49 (0)228 - 73 71 71
Fax: + 49 (0)228 - 73 71 80
www.studentenwerk-bonn.de