There are three kinds of financial aids:

• Grants/Scholarships: they are given to talented students according to different criteria (merit, country of origin, gender, past accomplishments, etc…).
• Loans: they usually must be paid back after graduation. Loans in Germany: Bildungsfonds
• Fellowships: opportunities to earn money by teaching or assisting with research.

Financing your MBA

Full-time students finance a greater share of their education using grants, fellowships and scholarships; part-time students using personnal earnings, executive and part-time students using employer reimbursement and sponsorship programmes.

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Nearly a Million Ways to Pay for Your MBA

A Google search using the keywords “mba, financing” turns up a whopping 962,000-plus hits. After sharply noting that your parents are not named on the list of nearly a million people handing out money, aspiring applicants still can rest assured the funds are out there...

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