Financing Your Studies

One of many websites listing various scholarship opportunities, is the "Stipendien-Tipps" portal. Unfortunately, this list in available in German language only. Please note that Goethe Business School cannot assume any responsibility for the content.

Studying as a cost of income

If you have previously completed a degree and are looking to return to studies to further your career, it may be possible to claim your tuition fees as an income-related expense.

Many of our students take advantage of these tax benefits to help manage the cost of their studies. For more information about tax benefits and to see if this may be an option for you, download our informational flyer on how to finance your studies.

Student Loans

There are various options available to students looking for opportunities to finance their studies. For working professionals, Festo Bildungsfonds offers attractive student loan programs, and the state-owned KfW-Bank also offers financing opportunities to anyone under the age of 44.

If you are looking for a flexible repayment plan, Deutsche Bildung offers income-dependent repayment plans, allowing you to study without the burden of loan repayment holding you back. We encourage you to explore your financing options and see which one might be the best for your needs.

FIRM Scholarships

Students enrolling in the Master in Finance program who have opted for the specialization in "Risk Management & Regulation" can apply for FIRM-sponsored fellowships.

The Frankfurt Institute for Risk Management and Regulation (FIRM) is managed by the Society for Risk Management and Regulation e. V. Founded in 2009, FIRM promotes high-quality research and teaching in the fields of risk management and regulation in Frankfurt. FIRM Scholarships award up to 25% of the tuition and are credited towards the third tuition installment. In addition, FIRM alumni join the FIRM alumni network, not only enabling them to get connected but also offering access to benefits such as invitations to special events such as the annual FIRM Research Conference and alumni meetings.

Applications for FIRM scholarships can be submitted to the GBS Admissions Office either by post or email. Further information can be found in the FIRM Scholarship Key Fact Sheet.

Talking to your employer

Aside from the financial options listed here, candidates may want to approach their employer and discuss options for support. This may be financial, or take other forms such as time support or mentoring.

As a business school, we understand the value further studies can have on your career development, and want to help you communicate your choice to your employer. Take a look at our Value Proposition sheet for tips you can discuss when you approach your company, to help them understand the benefits in supporting your choice, too.