Fees and Financing

• Due to generous government subsidies, tuition fees have been reduced to zero. An administrative fee of presently 123.50 Euros will be charged per semester.
• It is possible to work as a teaching or research assistant in your second year while studying in Ulm. 
• For information on scholarship programs consult the DAAD (German Academic Exchange Service). Make sure that you tick "postgraduate" in the status filed when searching the DAAD database. Several of our students have DAAD scholarships, in particular Study Scholarships for Graduates of All Disciplines. Unfortunately, these scholarships are availabe only for specific countries. The DAAD database will inform you whether you can apply for such a scholarship. For many scholarships awarded by German institutions, application is usually only possible once you study in Germany.  For others, e.g. DAAD sholarships, you need to apply early. A large scholarship database is maintained by   Scholarshipportal. The University of Ulm also awards scholarships. For the Deutschlandstipendium, a national scholarship program, application is possible only once you study in Ulm.  For another, more limited program, candidates cannot apply themselves but are suggested based on their application for the MSc Finance.
• Students are responsible for their own living expenses which run, as a guide line, at 680 Euro per month. For a more detailed overview, please consult this page.