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Scholarship Acquisition: Detailed Requirements, Eligibility Criteria, and Amounts - A Comprehensive Guide! Uncover everything you need to know for high-achieving students!

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Funding breakdown determined using specified formula:

The grant's overall size is determined through this specific method:

For students seeking financial aid in Austria, performance scholarships offer a unique opportunity for those with outstanding academic achievements. These scholarships, which range from €750 to €1,500, are designed to recognize exceptional academic performance in higher education.

Eligibility and Requirements

To be eligible for a performance scholarship, students must meet certain criteria. These include full-time enrollment (typically 25 ECTS credits or more per term), maintaining a strong academic record, and residency or active participation during study periods, depending on the specific scholarship.

For non-Austrian students, eligibility may also include enrollment in a certain number of ECTS credits per term and active residency or participation during the study period. For example, the Helmut Veith Scholarship, targeting female students in computer science-related fields at TU Wien, requires recipients to complete at least 25 ECTS credits per term, maintain a strong GPA (approximately 1.5 out of 5.0 or higher), and reside in Austria during academic terms.

Other scholarships, such as the SYLFF Fellowships at the University of Music and Performing Arts Vienna (mdw), require applicants to be actively enrolled in the 2nd phase of a master’s or diploma program with no academic leaves allowed, demonstrating outstanding artistic or academic performance.

Application Process

Applications for a performance scholarship must be submitted directly at the university within a specific deadline, typically from September/October to November. Required documents may include proof of examination/performance, confirmation of notification, passport, bank details, proof of belonging to the eligible group of persons, and acknowledgement decisions.

It's important to note that a performance scholarship is not automatically extended; it must be re-applied for every year.

Claim Period and Extensions

The claim period for a performance scholarship can be extended due to pregnancy, illness, unforeseeable events, student union activity, official university mobility program, disability of 50%, childcare, military or civil service. These extensions aim to motivate students to achieve better grades.

Important to Note

While a performance scholarship is a financial recognition for outstanding academic achievements, it's crucial to understand that there is no legal claim to a performance scholarship, even if all requirements are met.

For students in need of a bank account for their future performance scholarship, there is a good overview of providers available.

Universities Offering Performance Scholarships

The list of universities where applications can be submitted includes the University of Vienna, University of Graz, University of Krems, University of Linz, and University of Innsbruck.

[1]: Helmut Veith Scholarship Information [2]: Salzburg College Programs Eligibility [3]: General Merit Scholarships in Austria [4]: SYLFF Fellowships at the University of Music and Performing Arts Vienna (mdw) [5]: SYLFF Fellowships Eligibility Criteria

  1. Students who excel in both finance and education-and-self-development may find help in Austria as they can apply for the Helmut Veith Scholarship, which is designed for female students in computer science-related fields, provided they meet the eligibility criteria such as full-time enrollment at a specific number of ECTS credits and maintaining a strong GPA.
  2. For students seeking funds for their education in the field of finance, there are universities in Austria like the University of Vienna and University of Graz, among others, that offer performance scholarships, which recognize exceptional academic performance and range from €750 to €1,500. These scholarships must be applied for annually and can be extended for certain reasons such as pregnancy or illness. However, eligibility does not guarantee receipt of the scholarship as it is not a legal claim.

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