A University degree program is a substantial investment that needs to be carefully evaluated. IUM offers a number of scholarships to assist you in funding your studies. In addition, some of the best financing options available to prospective students may also be found in their country of origin or residence.
Please be aware that all IUM program acceptance criteria are based on merit and we do not take your financial situation into account when making our admissions decisions. Applying for funding will not affect you chances of being admitted to your program of choice but the competition for funding within each program can vary from year to year.
While some of our students receive aid from the University in the form of scholarships and awards, through sources in their home countries, or through sponsorship by their company, most use personal savings or take out loans in order to finance their tuition and living expenses while at IUM.
To help assess the financial obligations required to attend IUM you must first acquaint yourself with the program tuition and fees
and an estimate of living expenses
. While the Office of Admissions will do its best to assist you in meeting your financial needs, the responsibility of financing your degree ultimately lies with you.
List of Available IUM Scholarships:
IUM Undergraduate Merit-based Scholarship
IUM Graduate Merit-based Scholarship
The IUM Undergraduate and Graduate Merit-based scholarship will be awarded to applicants who show outstanding academic achievement, extraordinary leadership potential, and a significant contribution to the mission of the University.
IUM Alumni Scholarship
To qualify for this merit-based scholarship applicants must have graduated or be about to graduate from an IUM degree program.
IMPACT Scholarship (reserved to MBA and EMBA applicants)
The IMPACT Scholarship is designed to offer financial support to high potential individuals who seek to apply their MBA or Executive MBA experience to grow businesses and inspire entrepreneurial initiatives in their home country.
The IUM Monegasque Scholarship (reserved to Monegasque nationals)
The scholarship will be awarded to applicants who hold a Monegasque passport and possess a demonstrated high level of academic or personal achievement and support the mission of the University.
Students will be considered for a scholarship award ONLY after receipt of:
- a completed Scholarship Application Form
- a complete application for admission
accompanied by payment of the application fee.
The Scholarship Committee reviews applications on a regular basis, therefore you are invited to apply as soon as possible. For any program intake the latest scholarship application deadline is 12 weeks prior to the start of the program
IUM is recognized by The Bundesministerium für Wissenschaft und Forschung as a foreign institution of higher education. This recognition permits Austrian students to apply for financial aid to attend IUM.
The Bundesministerium für Wissenschaft und Forschung may be contacted:
IUM meets the criteria for Canada Student Loans Program assistance.
The Canadian Minister of Education and Training accepts applications from IUM students for funding from the Manitoba Student
Financial Assistance Program (i.e. federal Canada Student Loans, provincial Manitoba Student Loans, and Manitoba Study Assistance).
IUM's Canada Student Loan Institution Code is QPHW.
The Minister of Education of Quebec
recognizes IUM for funding through its Loan and Scholarship Program.
IUM's Quebec Student Loan Institution Code is H9231A.
The Office of Aide Financiaire aux Etudes in Quebec
may be contacted at:
1035 rue de la Chevrotière, 21e étage
Québec (Quebec) G1R 5A5
Danish students may receive financial support from the Danish State Education Grant and Loan Scheme Authority (Sustyrelsen) to study at IUM.
Sustyrelsen may be contacted at:
Styrelsen for Videregående Uddannelser og Uddannelsesstøtte
Kontoret for udland og handicaptilllæg
1260 København K
Finnish students may receive financial support to study at IUM from the Finnish Kelan Opintotukikeskus.
The Finnish Kelan Opintotukikeskus may be contacted at:
The IUM Executive MBA is eligible for the French FONGECIF funds
AVESA offers loans to students who will study in a Business School in France, Monaco and London.
AVESA may be contacted at:
Obrucheva street 23 7-th floor
Tel: +7 (499) 408-63-82
Swedish students may receive student loans from the Swedish National Board for Student Loans (CSN) to study at IUM.
CSN may be contacted at:
833 81 Strömsund
IUM's Master of Finance Program has been recognized by the American Veteran's Administration, the Department of Veterans Affairs. (School code: 3-1-0010-79)
They may be contacted at:
Department of Veterans Affairs
Regional Processing Office
130 South Elmwood Avenue, Suite 601
Buffalo, NY 14202