Scholarships & Grants

Promoting international exchange for MCI students
To further increase the international focus at MCI, the MCI Scholarship Fund supports MCI students with their stay abroad.

Entitlement: Students who,

• are enrolled at MCI as regular students for the entire duration of their study program,
• wo are planning to study or do research in countries outside the EU with particularly high costs involved (tuition, travel fees and research costs) and
• are not eligible for an Erasmus+ grant.

Dotation:
The amount of the scholarship depends on the available funds within the MCI Scholarship Fund. It partly covers a student’s tuition, travel fees and research costs. Due to limited funds, only a finite number of scholarships can be awarded. Once a scholarship is granted, students will receive an approximate amount of 300-800 EUR. There is no legal claim to a scholarship. Scholarships are awarded without recourse.

Application deadlines:

• Thursday, June 12, 2025 (for international study programs in the winter term 2025/26)
• Thursday, December 4, 2025 (for international study programs in the summer term 2026)

Requirements:

• Above-average grade achievement
• Above-average personal and academic commitment
• Forthcoming international study or research program (study tours, internships and previous stays cannot be funded)
• The awarding of other scholarships may be considered by the jury when assessing the application and deciding on the grant and/or amount of an MCI Outgoing Scholarship.
• Study or research program in a non-EU country (or equivalent – no Erasmus funding) with particularly high costs; Stays in students’ home countries may only be funded in special cases.

Required documents:

• Resume
• Comprehensive cover letter (half page)
• Overview of the expected expenses (please list other scholarships and funds you have applied for)
• For study-abroad programs (only relevant for freemovers): Letter of acceptance of the international university or MCI nomination email (by MCI International Relations Office)
• For research-abroad programs: Description of the forthcoming research. Please name the respective research institutions.

Scholarships will be awarded by a jury based on the above criteria.

We will be happy to answer any questions at stipendien@mci.edu.

Online Application

Students traveling to a country of the European Union for a period of study abroad can apply for a grant in the framework of the Erasmus+ program funded by the European Commission. Erasmus students receive a monthly allowance to help cover the higher costs of study abroad. Erasmus grants are only available where a student exchange agreement has been signed between the host university and the MCI.

Contact:
MCI International Relations Office
Phone +43 512 2070-1600
Outgoing@mci.edu
Nationalagentur Erasmus+ Bildung

Recipients of student allowances wishing to spend a period of study abroad can apply for an allowance for study abroad (including a travel grant). Such allowances are available for all countries of the world (and are attractive for students wishing to study in a country outside of the EU). For the details, click here.

Marshall Plan Scholarship for bachelor/master theses in the technical field

Funding for academic research: Austrian Marshall Plan Foundation

We would like to draw your attention to the following funding available mainly for technical study programs.

Since 2008 the Marshall Plan Foundation has been funding Austrian students going abroad to do their research at an American university. That also includes bachelor and master theses.

This opens up the opportunity for MCI students to spend a semester at an American university, write their bachelor/master thesis and receive funding from the Marshall Plan Foundation.

The following application documents will have to be submitted in English to apply for the grant:

• Letter of Motivation (maximum of 2 pages)
• Project description / Proposal (see attached details)
• Resume/CV
• List of publications (optional)
• List of lectures (optional)
• Letter of recommendation (optional)
• Letter of Acceptance by American university

After completion of the semester abroad you will be required to submit:

• Bachelor/master thesis
  Please note: Several aspects such as scientific relevance of your thesis and achievement of the goals set out in the Proposal will be assessed. In the event you do not properly adhere to these requirements, the Foundation shall decide whether these funds will remain fully available. > Please make sure to define your goals clearly when submitting your application.
• Student Report

For further information please visit www.marshallplan.at or inquire at MCI's International Relations Office (IRO).

The Austrian Database for Scholarships and Research Grants is the biggest online university database of its kind in Austria. It lists sources of funding for students, graduates and researchers in Austria, as well as grants for incoming and outgoing students. For details of grants for study abroad, click here.

As a long established partner and sponsor of the MCI, Raiffeisen-Landesbank Tirol AG values academic
training as a significant social asset and a central resource for corporate development.

As part of a cooperation agreement with the Entrepreneurial School®, the bank is offering two scholarships worth EUR 1,000 each to MCI students who wish to spend their semester abroad at a university in a non-EU country.

• Application deadline: April 20, 2025

Award criteria and applications
The winners of the Raiffeisen Award will be selected by a jury. The jury may decide to share the award among more than one applicant. The jury also reserves the right not to make an award in any one year and to carry the funds forward to future years. There is no legal claim to a scholarship. The jury’s decision is final.

Documents to be submitted

• Information on the foreign university and brief explanation of the reasons for the choice
• Brief description of future plans
• Transcript of Records

Online Application

The "Aktionen" between Austria and the neighbouring countries Slovakia, Hungary and Czech Republic enable scientific exchange between the neighbouring countries and support the learning of each other’s language. Different scholarships for students, lecturers and researchers as well as project funding support bilateral cooperation with the aim of creating sustainable relationships.

More information can be found here.