Location: Germany
Program: Postgraduate –Masters
Eligibility: International Students
Duration: 1-2 years
Deadline: October 31, 2025
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The DAAD ERP Study Scholarships are prestigious awards funded by the German Federal Ministry for Economic Affairs and Climate Action (BMWK) and administered by the German Academic Exchange Service (DAAD). These scholarships are designed to support outstanding international graduates who wish to pursue postgraduate studies in Economics or Business Administration at recognized German universities. The program aims to equip future leaders with advanced academic and practical knowledge, fostering expertise that contributes to sustainable economic development and international cooperation.
Through the ERP Scholarship, selected candidates benefit from full financial support, including tuition waivers, a monthly living allowance, health insurance, travel costs, and opportunities to learn the German language before starting their studies. Beyond financial aid, recipients gain access to a vibrant academic network, exposure to Germany’s strong economic environment, and opportunities to engage with experts in business and policy. This initiative not only promotes academic excellence but also strengthens international ties and innovation in economic and managerial fields.
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Benefits of the Scholarship
This scholarship will provide the following to its recipients:
- 992 euros a monthly allowance
- 460 euros Study allowance annually
- Health, accident and personal liability insurance
- Travel allowance
- Fund attendance of a German language course at a language school in Germany for two months
- Further payments can be paid upon application (Family allowances cannot be paid)
These funds can be used to cover the following:
- Tuition fees coverage
- Living expenses
- Accommodation
- Meal
- Local transportation
- Books & Materials
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Eligibility Criteria
To be eligible for this scholarship, applicants must meet the following:
- You must hold at least your first academic degree.
- As a rule, you should have taken the final examinations of your last academic degree no longer than six years before the time of application.
- You must apply to three host universities for admission to studies simultaneously. The scholarship award letter from the DAAD only becomes effective if the notification of admission has been presented to the DAAD in due time before the beginning of the scholarship.
- Your application cannot be considered, if you have been resident in Germany for longer than 15 months at the application deadline.
- Incomplete applications cannot be considered by the DAAD.
- Language skills (German or English) according to the requirements of the desired study programme have to be proved.
Note: kindly check the official webpage for full and detailed requirements
Also Check
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Selection Criteria
Selection is based on academic excellence, relevant background, and a strong motivation letter. The committee also considers leadership potential, recommendations, and the applicant’s commitment to contributing to economic development in their home country.
How to Apply
CLICK HERE to visit the official webpage and submit your application.
