Frequently Asked Questions

You can start your financial aid application as soon as you have received your admission or conditional admission to IE University and always before the start date of your program.

You can apply to 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 and your parents/guardians have submitted the financial aid application.

No. If you are granted an award/scholarship, the amount will be applied to your tuition fees and cannot be used to pay nor applied to the place reservation fee.

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 provide contact information for the parents or guardians who are financially supporting you. Your parent or guardian will be required to submit their respective financial documentation such as their last three pay slips, and most recent income tax declaration (in English or in Spanish).

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 and/or scholarships to which you are applying. (Note that some IF Foundation Scholarships require a special essay, the details of which can be found in the scholarship description).

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 apply at their earliest convenience.

If you have received a financial aid offer, it’s important to formally reserve your place in the program by the established deadline to secure your award/scholarship and place in your degree.

We encourage you to look into alternatives, such as loans or other external funding sources. 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.

No, applications must be received before the start date of the program.

The IE - Foundation Parents Young Talented Leaders Scholarship offers a 100% scholarship and living expenses. Please keep in mind that this scholarship has a special application deadline and is highly competitive.

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 in the Student Services Website.