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After serving four batches of incoming freshmen students at Jacobs University, "The Freshmen Blog" has now come to it's scheduled phase out. It will not be maintained by the Students or the Administration at Jacobs University anymore. The information presented here is for archival reasons and more update sources should be used by the new incoming classes.. Thank you :)

Ankur Modi
Founder of the "The Freshmen Blog" Initiative

Tuesday, June 30, 2009

What is the difference between a scholarship and a grant?

Scholarships are need-blind and based on one's academic achievements. Grants are awarded based on one's family’s financial situation. Reimbursement of the grant and/or scholarship is not expected.

How do I apply for a scholarship?

Every student applying for admission will automatically be considered for these merit-based scholarship/awards. There is no need for a separate scholarship application.

What types of scholarships are offered at Jacobs?

The admissions office determines the scholarship amount that a student receives as a reward for his/her academic excellence. The different kinds of scholarships are:

  • Full scholarship: covers all expenses (room and board, tuition)
  • Part scholarships: variable amounts as judged by the admissions office
  • Private scholarships from other sources/sponsors are also recognized by the university.
  • Mid-semester scholarships: these scholarships are offered by external sponsors after arrival at Jacobs (they may be accepted and sourced by Jacobs)

Can I lose my scholarship?

All students are required to submit a financial aid renewal application for each year they attend Jacobs University. The Student Financial Services Office checks the GPA (Grade Point Average) of each scholarship recipient each year. If the GPA drops to 3.0 or lower, then the student may lose his/her scholarship. If any additional financial need is shown in the application, the student could receive a grant to cover all or some of the expenses.

  • Once the scholarship is lost, it cannot be regained.

Can I receive a scholarship during the course of my studies, if I haven’t received one upon arrival?

No, there is no scope for receiving a scholarship during your studies at Jacobs from the university. However, you are encouraged to apply for private scholarships. Example German students can apply for the SdW (Stiftung der deutschen Wirtschaft), German students with an immigrant background can apply for a scholarship from the Vodafone Foundation, etc.

For further information, please check http://www.jacobs-university.de/admission/scholarships

at 3:45 AM
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