There are several ways to finance your studies at Bucerius Law School, including a number of full and partial scholarships. Most students use a mixture of different financing options, such as personal funds, loans, scholarships or funding from employers.
The tuition fee for Master of Law and Business is set at €22,000 and includes all study materials.
The following is an estimate. Your personal requirement may differ.
|Approx. living expenses||EUR per month|
|Public Transport and Semester Contribution|
Please take into account that the study program is very intensive and you most likely won't have time for a student job. If you wish to work part-time, make sure you can work flexibly.
Important note for taxpayers in Germany (applicable also to international MLB graduates working in Germany after graduation): The tuition fees for the MLB Program are tax deductible as anticipated professional expenses.
"I was fortunate to be awarded the Bucerius Global Scholarship which covers my tuition fee and partial living expenses. The scholarship helps me financially and it was of great help in getting to Germany to study. I am grateful for the career and learning opportunities that the MLB program provides us. It is the bridge between where I was as a lawyer and where I want to be as a lawyer-entrepreneur. It is the pivot that I was looking for in my career."
"Scholarships make you think about the kindness of people in this world and encourage you to accomplish tremendous things. I would probably not be here without this scholarship, and that is the reason why I will be forever grateful for it and I will remember how important it is to help other future students in reaching their dreams."
The Bucerius Global Scholarship is the most prestigious scholarship offered for the Master of Law and Business Program. It honors the best applicants by providing full tuition as well as a stipend for living expenses.
Applicants who wish to be considered for the Bucerius Global Scholarships must send us their complete scholarship application via e-mail. Therefore, please merge and send the following documents to email@example.com:
- An essay (in English) of 500 to 750 words that identifies a current legal or business controversy or challenge facing a country, specific region, or the world as such and outlines a realistic approach to address the issue
- Financial aid application forms and supporting documents (download below)
The application deadline for the Bucerius Global Scholarship is January 15, 2020.
The Bucerius Global Scholars will be chosen by a distinguished committee of Bucerius faculty, administration, alumni and representatives of the anonymous benefactor who has provided generous funding for the Global Scholarships.
Decisions regarding the Bucerius Global Scholarships will be announced around the end of February 2020.
Preference will be given to applicants from emerging market economies. Applicants who are not selected for the Bucerius Global Scholarships will automatically be considered for partial funding.
All applicants are invited to apply for partial tuition fee waivers, which are allocated on the basis of merit and/or need.
Applicants must submit their complete application for admission before the regular deadlines. In addition, they need to send in the merged scholarship application (one PDF) to firstname.lastname@example.org.
Applicants who apply for partial financial aid can expect to be informed within 4-6 weeks after submitting their complete application.
The Deutschlandstipendium ("Germany Scholarship") comprises EUR 300 per month and is directed at students with outstanding academic records and talent based on their level of social engagement and financial need.
Please note that students who receive other merit-based scholarships from German or foreign sources (such as DAAD scholarships) cannot be considered for a Deutschlandstipendium.
The Venable Foundation Fellowship is designed to recognize an American student who has demonstrated academic success, as well as significant leadership potential, in the field of international law and/or business. The fellowship includes $10,000 towards the MLB tuition and the opportunity to write articles and briefs for publication through the networks of Bucerius Law School, Bucerius USA, and the Venable Foundation.
The following links of external scholarship providers might be of interest. Please understand that the MLB Team cannot help you with individual questions regarding external scholarship deadlines and application procedures as these are subject to change.
We wish to encourage you to check the websites carefully and determine whether you fulfill the scholarship prerequisites. Note that some scholarships are available exclusively for students with a specific academic background and/or academic merit, work experience, nationality, language skills or age. Some scholarship providers ask for political involvement or particular personal interests. Some pay living expenses, others (partial) tuition. Some include you in a network and ask you to keep in contact with the institution. Some expect you to pay money back or visit conferences, etc. Our overview below gives you the chance to find out whether you are eligible for one of the scholarship programs. There may well be external financial assistance that meets your needs and we strongly encourage you to explore these and other possibilities.
If you wish to share your experience in the search of scholarships with us, we will be more than happy to receive your information.
The Claussen-Simon-Stiftung offers living expense scholarships to master students in Germany.
The Aga Khan Foundation offers postgraduate scholarships (tuition and living expenses) for students from select developing countries.
The Haniel Stiftung has a scholarship program for students from Central and Eastern Europe ("Go West - European Master's Degree & Internship").
The Rochus und Beatrice Mummert Foundation sponsors High Potentials from Central and South Eastern Europe in the fields of economics, business administration, engineering, natural sciences or tourism management.
The Dr. Jost Henkel Stiftung offers need-based scholarships for talented students.
The KAAD (Catholic Academic Foreigner Service) offers scholarships for Catholic students and students who are committed to interreligious dialogue.
The Jean Monnet Scholarship Programme is available to students from Turkey with a background in EU-related studies.
Colfuturo is a scholarship program open to applicants from Colombia.
Some German political foundations offer scholarships to students who share the same political views:
- Hanns Seidel Stiftung.
If you have any questions about these programs, please contact the institutions directly.
In order to help you get started on your research, we have compiled the following list of scholarship databases for you:
- www.stipendienlotse.de (German Federal Ministry of Education and Research, in Germany only)
- www.mystipendium.de/ (in German only)
- www.scholarshipportal.com/ (in English)
- StipendienDossier (How to guide, PDF, in German only)
- www.internationalscholarships.com/ (in English)
- www.internationalstudent.com/ (in English)
- www.e-fellows.net (in German only)
- Bundesverband Deutscher Stiftungen (in German only)
- http://fedmoney.org/ (guide to U.S. government grants and loans)
- www.academics.de (in German only)
If you are not eligible for one of the scholarships, you may want to consider financing your studies through a student loan. Below we have listed two possible options. Please also talk to your local bank about what they can offer you in terms of student loans.
The Brain Capital tuition financing concept offers students of Bucerius Law School and other renowned German universities an innovative way of financing their studies. Participants in this program pay no tuition fee while studying. In return, they commit themselves to making income-dependent payments after graduation, when a certain income-level has been reached. This way, every student has the possibility to pursue studies at his or her favorite university, independently of his or her financial background.
Brain Capital is available to students from the EURO zone.
German students or international students who have been living in Germany for more than three years can apply for a bank loan of 650 EURO/month with Kreditanstalt für Wiederaufbau (KFW).
For more Information: KFW Studienkredit