Tuition and Financial Aid

Tuition

Generally, there is no tuition fee for students from EU countries. International students have to enroll to the University of Frankfurt and pay the semester fees of approx. Euro 260. For this reason, please contact the International Office which will pass you to the Students Administration where you can pay your semester fees and subsequently get your Goethe Card and user ID for your internet access at the University libraries.

Financial aid

The Doctorate / Ph.D. Program Law and Economics of Money and Finance is able to grant  full or part scholarships to a limited number of students. Applicants who wish to be considered for financial aid have to include a statement to their cover letter whether financial aid is required. As grants are limited, students are encouraged to apply for external scholarships. Sources of such funding include i.e. the "Deutscher Akademischer Auslandsdienst", leading German foundations like "Studienstiftung des Deutschen Volkes", "Stiftung Geld und Waehrung", foundations of the main political parties, such as "Begabtenfoerderungswerke", and government institutions, such as the "Institut fuer Arbeitsmarkt- und Berufsforschung".

Financial support is furthermore available in the form of teaching and research assistantships (some of the teaching assistantships may require ability to teach undergraduates in German), and through successful application for visiting scholarships and internships at institutions such as the European Central Bank and theDeutsche Bundesbank.

Updates on sources of financial aid will be posted here as they become available.

 

Costs of living and studying in Frankfurt (per month)

Cost of Living (Rent, Food, Clothing, Study Material etc. per month)Approx. 650 €
Health Insurance (per month)Approx. 60 €
Semester Contribution (Semesterbeitrag) (Approx. 260 € per Semester), per monthApprox. 43,30 €
Total (per month)Approx. 753,30 €