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Explore ways to fund your Masters+ degree

Studying across two countries is an investment, and funding options vary depending on your nationality, study route and personal circumstances.

Alongside scholarships and fee waivers offered directly through Masters+, you may be able to access country-specific funding agreements, education loans, income-sharing agreements, national grants or external scholarships.

The options below are a starting point for exploring funding beyond Masters+ scholarships.

Want to explore scholarships instead?

Study first, pay later

Masters+ applicants may be eligible to apply for education funding through Brain Capital.

The fund is primarily available to EU citizens and applicants who hold a permanent, unrestricted work and residence permit in an EU country. Applicants from Switzerland, the United Kingdom, Canada, the United States and Australia may also be considered on a case-by-case basis.

If you have been admitted to a Masters+ programme, you can apply for funding of between €10,000 and €30,000 towards your participation fees. Rather than repaying the funding immediately, repayments begin after graduation once your income reaches the minimum level agreed in your contract. You then repay an agreed percentage of your income, subject to the conditions of your individual agreement, for a period of maximum 15 years or as soon as 1.9x the investment has been repaid.

This flexible, fair and solitaire model ensures that if you earn less than the previously agreed minimum, repayments are postponed.

Eligibility and final funding decisions are determined by Brain Capital.

Finding opportunities

InnoEnergy works with selected organisations around the world that help students finance postgraduate study abroad.

Each cooperation agreement is designed for applicants from a specific country or group and has its own eligibility requirements, selection process and form of financial support.

If you are admitted to Masters+ and selected through an eligible cooperation agreement, you may also receive an InnoEnergy institutional collaboration discount of €5,000 per academic year.

For an applicant in the standard €19,000 non-EU fee category, this reduces the Masters+ participation fee to: €14,000 per academic year.

The institutional collaboration discount:

  • applies to eligible students selected through participating cooperation agreements
  • is worth €5,000 per academic year
  • can apply across all Masters+ programmes, subject to the conditions of the individual agreement
  • cannot be combined with another Masters+ scholarship or fee waiver

List of countries:

  • Brazil (Instituto Trajetórias)
    • For Intake 2027 onwards, InnoEnergy is partnering with Instituto Trajetórias, a Brazilian non-profit organisation that supports Brazilian students in accessing higher education opportunities.
    • Brazilian students selected through Instituto Trajetórias can receive a €5,000 annual institutional collaboration discount from InnoEnergy, reducing the standard €19,000 annual Masters+ participation fee to €14,000 per year.
    • Instituto Trajetórias manages its own selection and support process. Additional programme, university or study-route conditions may apply under the cooperation agreement.
  • Colombia (COLFUTURO)
    • Colombian students may apply for financial support through COLFUTURO to pursue postgraduate studies abroad.
    • Students selected through the applicable cooperation agreement may also receive the €5,000 annual InnoEnergy institutional collaboration discount, subject to the conditions of the agreement.
  • Guatemala (GUATEFUTURO)
    • Guatemalan students may explore postgraduate funding through GUATEFUTURO.
    • Students selected through the applicable cooperation agreement may also receive the €5,000 annual InnoEnergy institutional collaboration discount, subject to the conditions of the agreement.
  • Honduras (HONDUFUTURO)
    • Honduran students may explore postgraduate funding through HONDUFUTURO.
    • Students selected through the applicable cooperation agreement may also receive the €5,000 annual InnoEnergy institutional collaboration discount, subject to the conditions of the agreement.
  • Mexico (FUNED and FIDERH)
    • Mexican students can explore funding for postgraduate study through FUNED and FIDERH.
    • Students selected through an applicable InnoEnergy cooperation agreement may also receive the €5,000 annual institutional collaboration discount, subject to the conditions of the relevant agreement.
  • India (WeMakeScholars)
    • Indian applicants can explore education loans and other study-abroad funding opportunities through WeMakeScholars.
    • Students selected under the applicable cooperation arrangement may also qualify for the €5,000 annual InnoEnergy institutional collaboration discount, subject to the conditions of the agreement.
  • Nigeria
    • Eligible Nigerian applicants in the diaspora can explore support available through NiDCOM.
    • Students selected through the applicable cooperation agreement may also receive the €5,000 annual InnoEnergy institutional collaboration discount, subject to the conditions of the agreement.
    • Employees of the Nigerian Nuclear Regulatory Authority (NNRA) applying to the European Master’s in Nuclear Energy may have access to specific employer support. The current agreement allows eligible NNRA employees to receive two years of paid leave while completing the programme.

*A note on cooperation agreements

Funding organisations have their own application procedures, eligibility requirements and deadlines. The €5,000 InnoEnergy institutional collaboration discount cannot be combined with another Masters+ scholarship or fee waiver. Where more than one funding route could apply, the applicable support will be confirmed during the admission and funding process. Cooperation agreements may also include programme, study-location or other conditions specific to the partner organisation.

 

If your Masters+ study route takes you to France, you may also be eligible for local forms of financial support.

École polytechnique student loans:

  • Students completing Year 1 or Year 2 of the Master’s in Renewable Energy at École polytechnique may be able to apply for student loans of up to €6,000 at 0% interest through participating French banks.
  • Once you are enrolled at École polytechnique, the university admissions team will provide information on the application process and current conditions.

Housing support:

  • Students studying in France may also be eligible for French housing assistance, depending on their personal circumstances and accommodation.

In addition to the formal cooperation agreements above, students have used national funding bodies, education loans and scholarship organisations to help finance their studies.

The organisations below are external to Masters+. Eligibility, funding amounts, conditions and application deadlines are determined by each organisation and may change.

Country / region Funding option(s)
Austria Stipendium.at
Australia Study Assist
Azerbaijan Youth Foundation
Chile BECAS Chile
Colombia
Costa Rica CONAPE
European Union / EEA / United Kingdom FINS
France Service Public
Germany Deutschlandstipendium
Hungary Diákhitel
India
Italy SELLA
Luxembourg Guichet.lu
Mexico
The Netherlands
Nigeria TETFund
Pakistan Punjab Educational Endowment Fund
Panama SENACYT
Peru PRONABEC
Saudi Arabia Custodian of the Two Holy Mosques Scholarship Program
Singapore A*STAR
Spain Fintonic
Sweden CSN
Taiwan Youth Development Administration Programme
United States CareerOneStop Scholarship Finder

You may also be eligible for scholarships offered by governments, foundations and international organisations.

These opportunities are separate from Masters+ scholarships and have their own eligibility requirements, deadlines and application processes.

Featured opportunities:

Your nationality, academic background, destination country and personal circumstances may make you eligible for additional funding that is not listed on this page.

Useful places to continue your search include:

You should always check the latest eligibility criteria and application deadlines directly with the funding organisation.

Multiple scholarships

It depends on the source and purpose of the funding.

If you receive another scholarship or grant, you must inform Masters+.

You cannot receive two sources of EU funding that cover the same costs. In some cases, different funding sources can be combined where they cover different costs, for example where one covers the Masters+ participation fee and another provides support for living expenses.

Your individual situation may need to be reviewed before the funding can be combined.

Student standing against a wooden wall

How to finance your studies?

Our funding guide brings together the different ways you can finance Masters+, including scholarships, country-specific funding, cooperation agreements, loans and other external support.

Use it as a starting point when planning how you will finance your two-year Masters+ journey.

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