The ERP Study Scholarship is a prestigious funding opportunity for international graduates of Economics and Business Administration to pursue a Master’s degree at a German university. This scholarship, sponsored by the Federal Ministry of Economic Affairs and Energy, provides financial support including monthly payments, travel allowance, and more.
The scholarship is administered by the DAAD (German Academic Exchange Service), the largest German support organization in the field of international academic cooperation. DAAD offers a wide range of scholarships for international students and researchers, and the ERP Study Scholarship is specifically designed to promote economic expertise and international exchange.
ERP Study Scholarship Benefits
- Scholarship payments of 992 euros a month
- Study allowance of 460 euros a year
- Payments towards health, accident and personal liability insurance cover
- Travel allowance
- Upon decision of the selection committee the DAAD may fund attendance of a German language course at a language school in Germany for two months before the scholarship-supported studies begin.
- Further payments can be paid upon application (Family allowances cannot be paid).
ERP Study Scholarship Eligibility Criteria
- You must hold at least your first academic degree.
- As a rule, you should have taken the final examinations of your last academic degree no longer than six years before the time of application.
- You must apply to three host universities for admission to studies simultaneously.
- Your application cannot be considered, if you have been resident in Germany for longer than 15 months at the application deadline.
- Incomplete applications cannot be considered by the DAAD.
- Language skills (German or English) according to the requirements of the desired study programme have to be proved.
How to Apply for ERP Study Scholarship
- Register in the DAAD portal.
- Request recommendation form: generate the form in the DAAD portal, send it to your university teacher, and upload it when received.
- Apply online in the DAAD portal: prepare application documents, translate if necessary, scan and save as PDF, fill out the application form, upload documents, and submit online.
Frequently Asked Questions (FAQs)
Here are the most frequently asked questions about the ERP Study Scholarship. These answers cover eligibility, benefits, deadlines, and how to apply.
What is the ERP Study Scholarship?
The ERP Study Scholarship is a DAAD-funded program sponsored by the Federal Ministry of Economic Affairs and Energy. It provides foreign graduates of Economics and Business Administration with opportunities to complete a Master’s degree at a German higher education institution.
Who can apply for the ERP Study Scholarship?
You can apply if you are an excellently-qualified graduate and have completed a first degree (Bachelor, Diplom or comparable) in Economics or Business Administration by the time you commence the scholarship-supported study programme.
What is the duration of the ERP Study Scholarship?
The scholarship is awarded for 18 to 24 months, covering degree courses with a duration of 3 or 4 semesters. To receive further funding after the first year, proof of academic achievements must indicate successful completion within the standard period of study.
What benefits does the ERP Study Scholarship provide?
Benefits include monthly payments of 992 euros, a study allowance of 460 euros per year, health/accident/liability insurance, travel allowance, and possibly a two-month German language course. Family allowances cannot be paid.
What are the language requirements for the ERP Study Scholarship?
Language skills in German or English must be proved according to the requirements of the desired study programme. Proof of level of German proficiency at the time of application and language proficiency tests are required.
How do I apply for the ERP Study Scholarship?
Applications are submitted online through the DAAD portal. You need to register, request a recommendation form, prepare documents (CV, motivation letter, degree certificate, language proof, etc.), and upload them as PDFs. The application period runs from 1 June until the deadline.
What is the application deadline for the ERP Study Scholarship?
Application deadlines are updated at least once a year and are usually in the same period as the previous year. The exact date is not specified in the provided content, so it is recommended to check the DAAD portal for current dates.
Can I apply if I am already living in Germany?
Your application cannot be considered if you have been resident in Germany for longer than 15 months at the application deadline.
What documents are required for the ERP Study Scholarship application?
Required documents include a full CV (max 3 pages), a letter of motivation (1-2 pages), letter of admission to a study programme, a completed form ‘Information about your preferred master programmes’, university degree certificate, proof of language proficiency, and one letter of recommendation.
How are scholarship holders selected?
Scholarship holders are selected by selection committees in the home countries.
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