Scholarship for Graduation: Essential Details Explained
The STUWO team extends their well-wishes to students as they strive towards a successful study completion. For those students who have been employed at least 50% during their studies, the final-stage scholarship can be a crucial financial support during the challenging final phase.
This scholarship allows students to temporarily pause their side job, enabling them to fully focus on final exams and projects. The scholarship amount varies depending on income in the previous calendar year, ranging from 741 € to 1,270 € per month in 2024.
To be eligible for the final-stage scholarship, students must meet certain criteria. These include employment for at least 36 months within the last 4 years, ending employment upon receiving the scholarship, no study grant in the last 4 years, being under 41 years old, not having received a study completion scholarship before, and meeting certain credit requirements.
If studies are not completed within 12 months after the 18-month deadline, the scholarship must be repaid in full. In cases of exceptional circumstances, such as severe illnesses, an extension can be applied for.
Applications can be made online or by post, and required documents include a current transcript of records, insurance data extract, confirmation of employment termination or leave, income confirmations, and an annual wage certificate or income tax return from the last calendar year.
For more information about study financing options, visit the provided link. Many resources are available to help students, such as university counseling services, online resources, and additional counseling services for students.
The scholarship can be granted for a maximum of 18 months, starting from the first day of the month specified in the application. It also provides an additional allowance of 363.36 € per semester to relieve mandatory study fees.
The study completion scholarship can provide significant relief for students who cannot combine work and study towards the end of their studies. For a more targeted guide, consult relevant Austrian scholarship portals such as OeAD and university scholarship offices.
Here are five practical tips for applying for a study completion scholarship:
- Get informed early.
- Utilize online resources.
- Make counseling appointments.
- Seek funding opportunities at the university.
- Prepare documents carefully.
In case of any changes in circumstances, such as dropping out or interruption of studies, immediate communication with the scholarship office is crucial to avoid having to repay the scholarship. The psychological student counseling service is available to help students who are having trouble completing their studies.
Students with Austrian citizenship or equivalent, nearing the end of Bachelor, Master, or Diplom studies, are eligible for a final-stage scholarship.
- Students who are nearing the end of their Bachelor, Master, or Diplom studies and require financial support during the challenging final phase can consider applying for the study completion scholarship, which provides a monthly amount varying from 741 € to 1,270 € in 2024.
- In the realm of personal-finance and education-and-self-development, this scholarship offers a temporary respite from working side-jobs, allowing students to concentrate on their final exams and projects without financial strain.
