Frequently Asked Questions

When can I apply for scholarships?

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

How many scholarships can I apply for?

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You can apply for and be considered for up to three scholarships. Scholarships are not combinable, so in the case that the Scholarship Committee considers you a good fit for more than one scholarship, you will only be offered the scholarship of highest value.

How long does it take to receive a resolution from the Scholarship Committee?

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

Can I use the scholarship to pay the place reservation fee?

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No. If you are granted a 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).

Are scholarships need-based or merit-based?

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

What documentation is required for the scholarship application?

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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.

What information should I include in the essay?

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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 scholarships to which you are applying. Note that some partner scholarships require a special essay, the details of which can be found in the scholarship description 

Are scholarships transferrable between programs and intakes?

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

I am applying to two programs; can I submit scholarship applications for both?

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If you are in the admissions process for two programs, you can associate your scholarship application to both programs in the online scholarship platform. That way, you can be evaluated for both programs at once (in the case that you are offered admission for both programs).

Is there a deadline to apply for scholarships?

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

I have been offered a scholarship. What do I need to do to secure it?

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If you have been offered a scholarship, it’s important to formally reserve your place in the program by the established deadline to secure it, if you haven’t done so already. If you are unsure how to reserve your place in the program, contact your admissions advisor.

The scholarship resolution that I received was not what I expected. What can I do?

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

I have already started my program. Can I apply for scholarships?

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Once your program has started, it is not possible to submit a scholarship application. It is important that you create a thorough and adequate financial plan before beginning your studies. If a sudden and unexpected change has impacted your finances since the start date of your program, please contact the Administration Department to learn about the options available to you, administracionclientes@ie.edu.

I am an IEU alumnus, can I apply for scholarships?

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Yes, you can apply for scholarships. 

I am going to be studying a Dual Degree, can I apply for scholarships?

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Yes, you can apply for scholarships.

Do you offer full scholarships?

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Most of our scholarships offer partial coverage of tuition fees. There are some full scholarship opportunities available for specific programs offered through 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.

I was not able to reserve my place in the program before the specified deadline, can I keep my scholarship?

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Scholarships are automatically cancelled when a candidate does not reserve their place by the specified deadline so that the funds can be re-allocated to other candidates. If you do not reserve your place in the program by the deadline, you may be required to reapply for scholarships.

I have been selected for a direct award. Can I apply for scholarships?

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You can submit a scholarship application, but keep in mind that direct award percentages are typically higher than most of the scholarships that are available through application (except for some scholarships available through partners). Since awards are not combinable, you will only be offered the award of highest value.

I listed myself as financially-dependent, but my parent(s)/tutor(s) did not receive an email. What can I do?

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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).

How do I apply for loans?

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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.

What is the living cost in Spain?

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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. 

What is a flexible payment plan and how can I access it?

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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.

Do you offer a waiver of the application fee (150€)?

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We do not offer a waiver of the application fee.