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DAAD ERP Study Scholarships for Graduates of Economics and Business Administration 2026

Awarded by German Academic Exchange Service (DAAD)

Scholarship Details

Eligible Degrees

Masters

Funding Type

Full Funding · Monthly living stipend + Annual study allowance + Other benefits

Eligible Courses

Economics and Business Administration

Eligible Nationalities

Open to Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russian Federation, Serbia, Tajikistan, Turkmenistan, Ukraine and Uzbekistan nationals

Can Be Taken At

Institutions in Germany

Provider

German Academic Exchange Service (DAAD)

Last Verified On

22 Jul 2026 by WeMakeScholars Scholarship Team

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Overview

Eligibility Criteria (General) for DAAD ERP Study Scholarships for Graduates of Economics and Business Administration 2026:

Applicants must:

  • Hold a first academic degree (Bachelor or equivalent) in Economics, Business Administration, or a closely related subject.
  • Degree must have been completed within the last six years prior to application.
  • Apply to three German universities for admission to suitable Master’s programmes simultaneously.
  • Proof of German or English language proficiency as required by the chosen Master’s programmes.
  • Not have resided in Germany for more than 15 months before the application deadline.
  • Meet DAAD’s specific academic merit and documentation requirements (CV, motivation letter, transcripts, etc.).

Benefits of DAAD ERP Study Scholarships for Graduates of Economics and Business Administration 2026:

The successful candidates can avail of the following benefits:

  • Scholarship payment of EUR 992 monthly
  • Study allowance of EUR 460 yearly
  • Payments toward health, accident, and personal liability insurance cover
  • Travel allowance
  • Upon the decision of the selection committee, the DAAD may fund attendance of a German language course at a language school in Germany for two months before the scholarship-supported studies begin.

Application Process (General):

Register and apply online via the DAAD Portal during the official application period.

Note: The applicant must select their status or country to know the country-specific application requirements.

Source : German Academic Exchange Service (DAAD)
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SIMPLE 5 STEP PROCESS

How to Apply

1

Check Eligibility

Confirm that you meet the scholarship requirements

2

Prepare Documents

Gather all required documents for your application

3

Submit Application

Apply through the official scholarship application process

4

Application Review

The scholarship provider evaluates eligible applications

5

Scholarship Decision

Selected applicants are informed about the final results

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Documents Needed

  • Academic Transcripts (Usually required)

  • Income Certificate (For need-based scholarships)

  • Identity Proof (Usually required)

  • Admission / Offer Letter (For select scholarships)

  • Statement of Purpose (If applicable)

  • Language Test Scores (If applicable)

  • Recommendation Letters (If applicable)

  • Other Supporting Documents (As specified by the scholarship provider)

Note: The exact document requirements vary by scholarship. Always refer to the official application guidelines

FAQs

  • Yes, you can secure an education loan to study abroad at German Academic Exchange Service (DAAD). Education loans are of two types — Collateral and non-collateral. Collateral includes either: Immovable property – a house or a flat or land (or) liquid security – an FD, or LIC or shares or bonds. Agricultural lands are not accepted by any bank for education loan.

    Public banks like SBI, BOB offer these types of education loans. There are many NBFCs who offer Non-collateral education loans. Apply for the best education loan to study abroad.
  • The deadline of DAAD ERP Study Scholarships for Graduates of Economics and Business Administration 2026 is N/A.
  • DAAD ERP Study Scholarships for Graduates of Economics and Business Administration 2026 is offered to Masters degree.
  • DAAD ERP Study Scholarships for Graduates of Economics and Business Administration 2026 is offered for Economics and Business Administration.
  • DAAD ERP Study Scholarships for Graduates of Economics and Business Administration 2026 is open for: Open to Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russian Federation, Serbia, Tajikistan, Turkmenistan, Ukraine and Uzbekistan nationals.
  • DAAD ERP Study Scholarships for Graduates of Economics and Business Administration 2026 is offered by German Academic Exchange Service (DAAD).
  • DAAD ERP Study Scholarships for Graduates of Economics and Business Administration 2026 covers Full Funding, Monthly living stipend + Annual study allowance + Other benefits.