Frequently Asked Questions

You can apply for awards and scholarships as soon as you have submitted your application for admission, until the start date of your program. Please note that your application will not be evaluated until you are admitted into the master’s program of your choice.

You can apply for and be considered for up to three awards and scholarships. In the case that the IE Financial Aid Committee considers you a good fit for more than one, you will only be offered the support of highest value.

It usually takes one to three weeks to receive the resolution once you have submitted your financial aid application and been admitted into the program.

No. If you are granted an award/scholarship, the amount will be applied to your outstanding tuition fees and cannot be used to pay the place reservation fee (with the exception of some full scholarships offered through partnering organizations and generous donors, which can cover up to 100% of tuition and living costs).

All financial aid options that require an application are a combination of need- and merit-based. There are also merit-based direct awards that do not require application. All candidates are automatically considered for merit-based direct awards during the admissions process.

You will be required to submit a short essay and to attach financial documentation, such as your last three pay slips and your most recent income tax declaration (in English or in Spanish). Keep in mind that, if you are not working, your parents or tutors will be required to submit their respective financial documentation.

You should include details about your financial situation, how you plan to cover all costs associated with the program and describe why you consider yourself a standout candidate for the specific awards/scholarships to which you are applying. Note that some partner scholarships require a special essay, the details of which can be found in the award/scholarship description. 

No, they are not transferrable. You will be required to submit a new financial aid application for the new program and/or intake.

The deadline to apply is the start date of the program, unless otherwise specified in the award or scholarship description. Funds are allocated on a rolling basis, so candidates are encouraged to submit at their earliest convenience.

If you have been offered financial aid, it’s important to formally finish your enrollment process in the program, if you haven’t done so already. If you are unsure how to proceed with this, please contact your admissions advisor. ​

The IE Financial Aid Committee cannot revise your application unless you are able to demonstrate significant and unexpected changes to your financial situation. The deadline for demonstrating these changes is the start date of the program. We also encourage you to look into alternatives, such as loans or flexible payment plan options (available for most programs).

All applications must be submitted prior to the start of the program. It is therefore important that you plan financially your academic year in advance. For any questions regarding payment of fees, please contact IE University's Administration department at administracionclientes@ie.edu.

Yes, you can apply for financial aid.

Yes, you can apply for financial aid.

Most of our awards and scholarships offer partial coverage of tuition fees. There are some full scholarship opportunities available for specific programs offered through IE Foundation, partnering organizations and generous donors, which can cover up to 100% of tuition and living costs. The details of these scholarships can be found here.

Yes, you can apply for additional financial aid.

Please reach out to us at financialaid@ie.edu and we will ensure that a new link is sent to your parent(s)/tutor(s).

Send an email to loans@ie.edu to learn about the agreement conditions that we have with various financial institutions. If you meet the conditions for one of our agreements, we will let you know the next steps.

Living costs vary between Madrid and Segovia, and on the type of residence or apartment that you choose. You can find more information on the Student Services website. 

Our tuition payment plans allow you to break down your tuition balance into several consecutive uniform monthly payments, rather than paying all at once. Our plans are interest-free, and do not require pre-approval or credit check. A one-time non-refundable administrative fee of 400€ is only charged when tuition payments are spread out over more than three consecutive months. Keep in mind that place reservation payments cannot be made in installments.

We do not offer a waiver of the application fee.