Grants are determined using the indicated formula:
Performance scholarships in Austria are designed to reward exceptional academic achievements and support students financially without repayment obligations. These scholarships are primarily based on excellent recent academic results, clear documentation, and meeting application deadlines.
Eligibility
To be eligible for a performance scholarship, students must have completed academic achievements equivalent to 40 ECTS credits with grades ranging from 1 to 4 (where 1 is the best). Usually, these scholarships are aimed at students enrolled or admitted to Austrian universities or universities of applied sciences. Some scholarships may be dedicated to specific programs or fields.
Application Process
The application process for performance scholarships typically involves submitting documents such as academic transcripts showing the required performance, a motivation letter or CV (depending on the scholarship), and proof of enrollment or admission. At some institutions, eligible students are contacted by email with an invitation to apply. Application deadlines vary but can be around May-June for programs starting in the following academic year.
Scholarship Amount
The amount of a performance scholarship varies by scholarship, but examples include up to €8,400 total financial support, including stipends during semesters and sometimes work experience opportunities, for technical Master’s scholarships. Scholarships often cover tuition fees fully or partially and provide monthly stipends for living expenses.
Additional Notes
Performance scholarships do not have to be repaid. They may be supplemented by additional scholarships based on need, field of study, or private/corporate sponsorships. Some scholarships include support services such as language courses and professional development programs.
It's important to note that there is no legal claim to a performance scholarship. The funds come from the budget of the Federal Ministry of Education, Science and Research and are distributed by the respective university.
Extensions and Exceptions
Certain unforeseeable events, such as pregnancy, illness, military or alternative service, disability of 50%, childcare, and participation in the official university mobility program, can extend the claim period for a performance scholarship.
Key Points
- Performance scholarships require excellent academic achievements.
- Eligibility is based on academic performance and meeting application deadlines.
- The application process involves submitting documents and meeting deadlines.
- Scholarship amounts vary, but they often cover tuition fees and provide monthly stipends.
- Performance scholarships do not have to be repaid.
- There is no legal claim to a performance scholarship.
- Austrian citizenship or equivalent is required for financial support.
- The claim period can be extended under certain circumstances.
- Students seeking financial support in personal-finance areas may find performance scholarships in Austria advantageous, as they are designed to reward academic excellence, catering specifically to those who have completed academic achievements equivalent to 40 ECTS credits with grades ranging from 1 to 4.
- For those interested in education-and-self-development, it's worth noting that some performance scholarships in Austria offer additional support services like language courses and professional development programs.
