Fees, Expenses and Scholarships
The tuition fee for the entire program including the Cambridge Ecosystem Practicum in Cambridge (UK) is €30,000 and can be paid in instalments. Additionally, each student has to pay a social contribution fee at RWTH Aachen University, which amounts to around €280 per semester. Students will be informed about the option of quarterly or monthly instalments at the beginning of the second semester.
* Students in Germany who are financing their studies on their own might be able to deduct tuition fees from the income tax they pay within Germany.
Payment Regulations for the Tuition Fees
- Tuition fees are due on 30 June for the following winter semester and on 31 December for the following summer semester. Students will be informed about the option of quarterly or monthly installments beginning from the second semester.
- The tuition fees indicated above are valid from winter semester 2019/2020 onwards.
We offer various scholarship options. For more Information, please contact your personal study counsellor below.
Living Costs in Germany
Germany is not expensive in comparison with other European countries. However, secure funding is very important for the success of your studies.
International students completing their entire (or part of their) course in Germany must take a variety of costs into consideration. To get a better overview, you can distinguish between education and living expenses.
What do German students pay money for every month?
Rent (incl. ancillary expenses): EUR 330
Food and general expenses: EUR 400
Health insurance: EUR 95
Compulsory fee for the state media authority, radio and TV (“Rundfunkbeitrag” per household): EUR 17,50
Mobile phone contract: EUR 20
Internet fees (per household): EUR 20
Liability insurance: EUR 6
Total: EUR 888,50
RWTH BUSINESS SCHOOL SCHOLARSHIP
The RWTH Business School offers several scholarships of €2,500 to be awarded for academic excellence, technology leader- & entrepreneurship as well as social engangement. The scholarships have been designed to support highly qualified students in pursuing the MME-TIME program at the RWTH Business School.
Application will be possible from 17 January to 1 March 2020 for non-EU applicants and from 16 April until 14 July 2020 for EU applicants.
- Application form for scholarships (download on the right side)
- Reference letter from a professor/advisor (max. 1 page)
Please submit your scholarship application online together with your MME TIME application.
We will then assess your provided performance and award the scholarships to the best applicants. Please note that the committee's decision will be final and is not subject to legal recourse.
Moreover, please note that the Early Bird discount and the scholarship are incompatible.
External Scholarship Opportunities for Applicants
There are several scholarship opportuntities available for international students. We highly recommend students to start searching for an appropriate scholarship as soon as possible. Please find some institutions that offer scholarships or search engines for scholarships listed below.
- DAAD The DAAD (German Academic Exchange Service) offers a scholarship database with a broad variety of scholarship programmes for international students on its website. Please visit their website to find more information on these programmes.
- RWTH Database RWTH Aachen University also offers a Scholarship Database.
Country Specific Scholarships
ALEARG: Argentinian students may apply for this scholarship. This joint programme with the DAAD supports scholarship holders for up to two years.
ALEPRONA: Peruvian students may apply for this scholarship. This joint programme with the DAAD supports scholarship holders for up to two years.
BAföG: German students can receive BAföG if they fulfil certain requirements. For more information about the requirements visit here.
Colfuturo: Colombian students can apply for a loan / scholarship from Colfuturo. Study costs are divided in two, with Colfuturo covering one half and providing a loan for the other. More information regarding this financing possibility can be found on their website.
CONACYT: Mexican students can apply for a full or a partial scholarship. This joint programme with the DAAD covers the full tuition fees and gives additional support for monthly living for scholarship holders.
KfW-Studienkredit: Germans, EU-residents, Bildungsinländer, and applicants with a German spouse can receive a student loan if they fulfil certain requirements.
Mummert: Students from Bulgaria, Estonia, Croatia, Latvia, Lithuania, Montenegro, Poland, Rumania, Serbia, Slovakia, Slovenia, the Czech Republic, or Hungary may apply for a “Mummert” scholarship.
SENACYT: Students from Panama can apply for this scholarship. This joint programme with the DAAD supports scholarship holders for up to two years.
KAAD: Christian students from emering or developing countries from Asia, Africa, Latin America, the Middle East, can apply to the KAAD (Catholic Academic Exchange Organization) for a scholarship.
Scholarships from Political Parties
RWTH Aachen Education Fund
RWTH Bildungsfonds (Education Funds)
Eligible to apply are RWTH students as well as future students taking up their studies. The application period is from June 1 to 30. The scholarship addresses Bachelor/Master students of RWTH Aachen University with very good results during their studies (within the regular study time). International Academy students are eligible for the „Deutschlandstipendium“ part of the scholarship that currently comprises 149 out of 589 scholarships of the education fund. Those scholarships cover 300,00 EUR per month for one year. If you are interested, please visit the RWTH Aachen University Website.
Support Programmes for Female Students
Femtec Career Building prepares female students for their career and future leadership responsibilities, teaches interdisciplinary transferable skills and provides further support after graduation
TANDEM Mentoring Programme: The TANDEM mentoring programme has been conducted successfully for several years and is offered by the Integration Team, a Rectorate staff unit at RWTH Aachen University. In one-to-one mentoring partnerships, mentees are supported by their mentors in developing their goals and potentials typically for the duration of one, up to one and a half years.
Henry Ford Stipendium: Female students of mechanical engineering, attending the RWTH Aachen University, are welcome to apply for this scholarship which offers not only financial aid, but also an intensive support programme.