Tuition Fees and Scholarships
Tuition fees
are at the level mandated by the State of Hessen for ‘consecutive’
programs. This level is currently zero. Students enrolled in the Master
Program are obliged to pay an administrative
fee
to Goethe University which currently amounts to about 250 EUR. This fee
includes unlimited use of public transport in Frankfurt city and the
area around Frankfurt.

In general, German
institutions of higher education do not themselves award scholarships.
There are however, several scholarship-awarding organizations.
- The Goethe Money and Macro Association (GMMA),
the alumni association of graduates of the Department of Money and
Macroeconomics, offers an academic prize with monetary value of 500
euro to the student with the highest average grade in MMF courses taken
during the first year .
-
The
most extensive scholarship program is that offered by DAAD (German
Academic Exchange Service). Advanced students may apply for DAAD
scholarships, or depending on their country of origin and subject, in
some cases only graduates may apply.
- Other
scholarship-awarding institutions have varying conditions, for example,
regarding country of origin, subject, previous study achievements,
duration of support, etc. A very quick and efficient way of finding out
about the appropriate scholarship is through using the scholarship
database of DAAD.
- The Goethe
Money and Macro Association (GMMA),
the alumni association of graduates of the Department of Money and
Macroeconomics, offers an academic prize with monetary value of 1000
euro to the student with the highest average grade in the first year
courses coded M.
- Other similar
prizes are currently under negotiation
and are likely to be announced soon.
- The
University currently offers a scholarship for international degree
students who possess German language competence and who take their
degree here, the “Studienabschlußstipendium”. You
can find more information at
http://www.uni-frankfurt.de/english/international/students/funding/index.html.