Business Excellence Scholarship
The Bucerius Business Excellence Scholarship is a merit-based scholarship for young professionals with a business background.
Find out more!Fees & Financial Aid
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.
Fees overview
Tuition
The tuition fee for the Bucerius Master of Law and Business is € 25,000 and includes the following:
- Study materials (handouts, books, databases)
- Study trips (including Berlin and Düsseldorf)
- Semester ticket for public transportation in Hamburg
The price for German language courses is €400.
Living Expenses
The following is an estimate. Your personal requirement may differ.
| Approx. minimal living expenses | EUR per month |
|---|---|
| Accommodation | 550 |
| Food | 250 |
| Personal | 365 |
| Health Insurance | 135 |
| TOTAL | 1,300 |
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.
Scholarship overview
Bucerius Law Schools offers several full and partial merit-based scholarships. There are also a wide range of third-party scholarships available.
Full or partial scholarships
Germany Scholarship
The Deutschlandstipendium ("Germany Scholarship") offers EUR 300 per month and is directed at students with outstanding academic results as well as those with proven social engagement and those with 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. It can, however, be combined with BAföG or other loans.
Venable Foundation Fellowship (for US graduates)
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 MLB tuition and is limited to graduates of law schools located in cities where Venable LLP has offices (Baltimore, Chicago, Ford Lauderdale, Los Angeles, Miami, New York City, San Francisco, Tampa, Northern Virginia and Washington, D.C.).
Applicants from these locations will be automatically considered for the Venable Foundation Fellowship.
Other third-party scholarships
The following links to scholarship providers might be of interest. Please understand that the MLB Team is unable to answer questions regarding external scholarship deadlines and application procedures.
We encourage you to check the websites carefully to determine whether you fulfill the scholarship prerequisites. Some scholarships pay living expenses, others (partial) tuition.
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 German Academic Exchange Service (DAAD) offers a wide range of support instruments for participants from all over the world to study in Germany. The very extensive database has a good search filter and quick overview on applicable scholarships. Note: The deadline for scholarship applications is around the end of October each year.
The Claussen-Simon-Stiftung offers partial living expense scholarships to Master students in Germany. A requirement is at least B1 German language level.
The Haniel Stiftung has a scholarship program for students from Central and Eastern Europe ("Go West - European Master's Degree & Internship").
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:
- Konrad-Adenauer-Stiftung,
- Friedrich-Ebert-Stiftung,
- Friedrich-Naumann-Stiftung,
- Heinrich-Böll-Stiftung,
- Rosa-Luxemburg-Stiftung
- Hanns Seidel Stiftung.
The foundations Stiftung der deutschen Wirtschaft and Studienstiftung des deutschen Volkes also offer scholarships to applicants with different national backgrounds.
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.mystipendium.de/ (in German only)
- www.scholarshipportal.com/ (in English)
- 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)
Discounts and waivers
If you don't qualify for any of the scholarships listed above, you may still be able to benefit from one of the following discounts or tuition waivers.
Partial Tuition Waivers
All applicants are invited to apply for partial tuition fee waivers, which are allocated on the basis of merit and/or need. Applicants who would like to be considered for a partial tuition waiver should submit
- a bank statement and/or other financial proofs
- a motivation letter
via the partial tuition waiver application questionnaire.
Early Bird Discount
Applications submitted by January 15, will receive an Early Bird Discount of EUR 2,000.
Deposit and early acceptance discount
After accepting admission to the MLB/LLM Program, a non-refundable deposit of EUR 1,000 (deducted from tuition fees) should be paid to guarantee your place.
Applicants accepting the offer of admission and making the deposit payment by April 1 (for applications submitted by Jan. 15) or June 1 (for applications submitted by May 15) will receive an early acceptance discount of EUR 2,000.
Graduate Discount
Graduates from Bucerius Law School (including Summer Programs and International Exchange Program in a previous year) and WHU - Otto Beisheim School of Management will receive €7,000 discount on the tuition fees. Graduates from our partner universities will receive €5,000 discount.
Online Application Form
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More financing options: student loans
If you are not eligible for one of the scholarships, you may wish to consider financing your studies through a student loan. Below we have listed two possible options.
Brain Capital
The Brain Capital tuition financing concept offers students of Bucerius Law School an innovative way of financing their studies. Participants in this program pay no tuition fee whilst 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, independent of financial status.
Brain Capital is available to students from the EURO zone.
Bank Loans
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
Deutsche Bildung Student Funding is the biggest student financing offer organized by the private sector of Germany. As a social business since 2007, Deutsche Bildung supports thousands of German students by financing their study expenses.
Any questions?
Contact our MLB Admissions Officers or book your Individual Online Consultation now!
