Participants in the Bucerius/WHU Master of Law and Business - Joachim Herz Program can apply for financial aid to cover tuition fees. Please note that with only few exceptions, financial assistance offered through the MLB Program usually does not cover full tuition fees or living expenses. Depending on an applicant’s individual background, there can be a number of different options for financial aid.

While partial tuition waivers or scholarships through the MLB Program are available to highly qualified applicants, financial aid cannot be provided for all deserving applicants. Funds are allocated on the basis of comparative merit and financial need. Applicants requesting financial aid are required to provide detailed and accurate information regarding their own finances, the finances of spouses/partners and, in some cases, parents. Scholarships may not be awarded if no suitable candidate applies.

For further information regarding the current MLB Program scholarship providers (below), please click here.

Please do not contact those six institutions directly!

However, we wish to encourage you to start early, often a year in advance, in finding external scholarship or loan providers for tuition fees and living expenses. Please check below "WHU Brain Capital", "Bank Loans" or "Other Financing Options". 

• Joachim Herz Stiftung Scholarships: Non-German students with a business/economics background will be considered for a Joachim Herz Fellowship.

• Allen & Overy Scholarships: Allen & Overy LLP offers partial scholarships to students with a legal background, ideally from a country in which Allen & Overy LLP has an office.

• Krupp Scholarships: The Alfried Krupp von Bohlen und Halbach-Stiftung scholarships are open to students with a legal background as well as a business or other background and not bound to a specific region of origin of potential applicants.

• Schürfeld Scholarships: The Gustav und Catharina Schürfeld-Stiftung provides a partial scholarship to one student from Israel and one student from an Arab country.

• Haspa Scholarships: Haspa scholarships are available for international and German students.

• ZEIT-Stiftung Scholarships: The ZEIT-Stiftung Ebelin und Gerd Bucerius has created a scholarship fund for students from African countries.

Another means of financing your participation in the MLB Program is the financing concept of the WHU Brain Capital GmbH. To learn more about this concept, please click here.

German students (or international students who have been living in Germany for more than two years) can consider to apply for a bank loan in order to finance the tuition fees and living expenses with Deutsche Bank or Hamburger Sparkasse. Our contact person for Deutsche Bank is Marco de Sousa. He can be reached by email at marco.de-sousa(at)db.com or by telephone: +49 (0)40 37012028. The contact person for Hamburger Sparkasse is Franziska Link who can be reached by email at franziska.link(at)haspa.de or by telephone: +49 (0)40 35792593.

The following links of scholarship providers might be of interest. Please understand that the MLB Team cannot help you with individual questions regarding external scholarship deadlines and application procedures as these are subject to change.

We wish to encourage you to check the websites carefully and determine whether you fulfill the scholarship prerequisites. Note that some scholarships are available exclusively for students with a specific academic background and/or academic merit, work experience, nationality, language skills or age. Some scholarship providers ask for political involvement or particular personal interests. Some pay living expenses, others (partial) tuition. Some include you in a network and ask you to keep in contact with the institution. Some expect you to pay money back or visit conferences, etc. Our short overview below gives you the chance to find out whether you are eligible for one of the scholarship programs. There may well be external financial assistance that meets your needs and we strongly encourage you to explore these and other possibilities. 

If you wish to share your experience in the search of scholarships with us, we will be more than happy to receive your information. Good luck!