There are several scholarships available funded by the BIM A+ consortium (Consortium Scholarships) and by the industry (Industry Scholarships).

All scholarships will be attributed on a competitive basis according to the following criteria:

• Previous higher education studies and quality of the institutions;
• Relevant work experience;
• Recommendation letters;
• Motivation letter;
• Additional information (publication, awards, etc.).

All the Consortium Scholarships are attributed to students in mobility tracks #1 and #2. Students in mobility tracks #3 and #4 are not eligible for Consortium Scholarships. Industry Scholarships have specific requirements.

Consortium scholarships are planned for students from any geographical origin applying within the first and second calls. These scholarships are financed by the BIM A+ Consortium.

Consortium scholarships are organized as follows:

• Up to 2* scholarships of 14,000 Euro (fully covering tuition fees plus a living allowance support of ~500€)
• Up to 15* scholarships of 5,000 Euro (partially covering the tuition fees)

*the number of scholarships is dependent on the total number of students enrolled in the master.

Starting from the academic year 2023/2024, the consortium has begun the possibility of companies offering sponsored scholarships.

Any student applying in the first call of BIM A+ is allowed to select whether he/she wants to apply for industry scholarships. Industry scholarships may involve specific agreements with the sponsoring entity (e.g. that the dissertation is made on a given topic in collaboration with the company, or that the mobility track is limited to a certain pre-defined path, or that a post-MSc agreement of collaboration is made directly with the sponsor).

The currently available industry scholarships are:

Only students who have applied to and have been accepted by the BIM A+ Consortium in accordance with its specific students’ application and selection criteria, are eligible for a scholarship.

Students with a double nationality must specify the nationality under which they submit their application.

Among other funding possibilities there are government loans available. In order to apply for these many donors require you to plan well ahead of your individual study schedule.

We recommend to start scholarship applications 1,5 years ahead of the programme’s start.

Erasmus+ Master Degree Loans are EU-guaranteed loans with favourable pay-back terms. They’re designed to help prospective students finance their Master’s courses in an Erasmus+ Programme country while leaving as little of a lasting economic footprint as possible.

The scheme is designed to provide postgraduate students with the means to pay their tuition and living expenses – thereby allowing individuals to focus on their degree instead of managing their bank balance. The programme aims to be as inclusive as possible, working under the following guidelines:

• No need for collateral from students or parents – ensuring equality of access
• Favourable, better-than-market interest rates
• Pay-back terms that allow graduates up to two years to find work before beginning repayment.

Prospective Master students can receive a loan of up to 12,000 EUR for a 1-year Master or up to 18,000 EUR for a 2-year Master (or equivalent amounts in foreign currency for banks in non-Euro countries, subject to exchange rates). Find more information in this link.

To enrol in the BIM A+ programme’s starting in October you can apply for government loans. Many of the current students in enrolled in Erasmus+ programmes are financed by these sources, as Erasmus Mundus scholarships are limited to only a few.

Government loans usually cover living costs and tuition fees (at least partly).

• To give an example: German government loans are calculated according to the parents’ income; therefore not all candidates are eligible to receive it. They are not necessarily limited to German citizenship status (details; only in German), but also available to EU citizens, refugees and stateless non-Germans with a permanent residency in Germany. German government loans for studying abroad (‘Auslandsbafög’, applicable to semester 2 to 4) are available even to candidates who do not receive Bafög in Germany.

Inform yourself about funding opportunities in your country. Our team is happy to assist you during the application procedure for third party grants or loans.

Current students are financed by (among others):

• Slovenia (Scholarships)
• Italy (Scholarships)
• Portugal (Scholarships)
• Canada (Student Aid Alberta)
• Denmark (The Danish State Educational Support, SU)
• Colombia (COLFUTURO)
• Germany (Bafög, semester 1, and Auslandsbafög, semester 2, 3 and 4)
• Mexico (CONACYT FUNED)
• Norway (Norwegian State Educational Loan Fund)