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Financing your studies with a scholarship—everything you need to know

Scholarships can take a big burden off you, since they help you to finance your studies. Everything you need to know about scholarships and how to get one can be found in this article.

What is a scholarship and who has the right to get one?

Scholarships are financial grants from private companies or the state which you do not have to pay back. It is important to know that everyone is entitled to a scholarship and that they are not only awarded to highly gifted students! In most cases, however, some requirements must be met such as political and/or social commitment. In return for the financial support, scholarship holders usually have to take part in the events offered on a compulsory basis.

There are different types of scholarships, such as partial or full scholarships:

Full scholarships:

– Complete financing of the studies

Partial scholarships:

– e.g. in the amount of 300€ per month, which can be an important step towards financing your studies.

The 5 biggest preconceptions about scholarships

1. Only the highly gifted, the needy and the committed receive a scholarship.

FALSE: There are more than 40 different selection criteria.

2. Scholarships are only intended for new students.

FALSE: Many scholarships are even specifically aimed at advanced semesters.

3. Only a few scholarships are awarded

FALSE: There are more than 2,500 scholarship providers.

4. The application effort is too time consuming

FALSE: Often a cover letter and your CV can be all you need.

5. There is too much competition, the chances are zero

FALSE: More than 2/3 of all students have never applied for a scholarship.

Foundations and scholarship databases

Use the following links to easily search study foundations and scholarship databases and find scholarships that suit you:

Die Studienstiftung des deutschen Volkes

Friedrich-Ebert-Stiftung

Deutscher Akademischer Austauschdienst

Bundesverband Deutscher Stiftungen

Stiftverband

mystipendium.de

Full scholarships for refugees from Ukraine

In addition to donations and aid measures, the SRH North Rhine-Westphalia is now also awarding 10 full scholarships for refugees from Ukraine. With this campaign, SRH would like to make its contribution to help and thus enable the refugees to study. At the SRH University of Applied Sciences in North Rhine-Westphalia, in Hamm/Münster and at the campus of the SRH Universities of Applied Sciences in the Rhineland, five full scholarships will be awarded to refugees from Ukraine for the winter semester 2022.

Here you can find the full scholarships of the SRH

Comments (1)

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Rahat Hasan
10/12/2024 at 6.56 am

Hello

Dear Sir/ Madam,

I have already received a conditional offer from the university and now wish to apply for a scholarship based on financial need. Please guide me through the application process.

We are doing magic here—this could take a while!