Scholarships - Financial Aid

The University offers scholarships and financial aid to full-time students, in the form of merit scholarships, need-based assistance, athletics scholarships, and on-campus work-study programmes. All types of scholarships/financial aid available are explained below:

 

Academic Merit Scholarships

1. Based on Previous Performance – High School Scholarships

Students in their first year at the University may be eligible for a scholarship on the basis of their High School average grade.

 

Scholarships based on High School Leaving Certificate

Students in their first year at the University may be eligible for a scholarship on the basis of their High School average grade.

The University offers to each Lyceum/Technical School in Cyprus the following scholarships for the first academic year. Applicants must have a High School Leaving Certificate and be nominated by their School.

  • One full scholarship (applicants must have a minimum grade of 19/20 on their High School Leaving Certificate)

  • Five partial scholarships that cover 75% of tuition (applicants must have a minimum grade of 17/20 on their High School Leaving Certificate)

  • Six partial scholarships that cover 50% of tuition (applicants must have a minimum grade of 16/20 on their High School Leaving Certificate)

 

Grade

Scholarship

19,00 and above

100%

17,00 – 18,99

75%

16,00 – 16,99

50%

 

 

 

 

 

 

 

For further information on academic merit scholarships to International (Non EU) students, please contact the Office of Admissions.

 

2. Based on Academic Performance at the University

Two regular semesters after the student first registers and every semester thereafter, scholarships will be awarded according to the student’s performance at the University, as follows:

 

Cumulative GPA

Scholarship

4.00

50%

3.75-3.99

20%

3.50-3.74

10%

 

 

 

 

 

 

 

In order to be eligible for this type of scholarship, students must have:

1.      full-time status,

2.      completed a minimum of 30 credits at the University and

3.      been registered in the previous semester
 

Athletic Scholarships

Students who are actively involved in the University sports teams may be eligible to receive athletic scholarships of up to 40% of their tuition fees.

The exact amount of scholarships will be determined after the relevant application and selection is made. The sport category as well as the student’s contribution and performance to the various sports and other University activities will determine the scholarship amount.

 

Early Payment Scholarship

All EU students (i.e. those that do not require a student visa) who pre-pay the whole amount of their semesters’ tuition and fees by the last day of the Add/Drop period (i.e. 2 weeks after classes commence for normal semesters and 1 week for Summer session), are entitled to an early payment scholarship of 4%. The scholarship is calculated on the net tuition (i.e. after the deduction of any other scholarship they may have).
 

Need-Based Assistance

Need-based assistance is given in the form of a scholarship, to Local/EU students only, regardless of academic performance, as follows:

 

1.      Students who come from large families (4 children or more) are eligible for a 10% scholarship.

2.      Families who have, during the same semester, more than one child as students at the University, are eligible for a 10% scholarship for each child.

3.      Students who face substantial financial problems. In such cases the scholarship amount will depend on the student’s demonstrated need for assistance. Students interested in this type of financial aid must complete the "Application for Scholarship/Financial Aid". New students need to submit this application to the Office of Admissions while existing students need to submit the application to the Office of the Executive Vice President for Administration. This type of aid may be valid for one semester, for one academic year or for the whole duration of the student’s programme.
 

On Campus Work-Study Programme

A limited number of part-time, on-campus internships are available to students who have demonstrated exceptional potential in extra-curricular activities and academic performance. Students are compensated in the form of tuition scholarship. Available internships are announced at the beginning of every semester and details are posted on the main board of the University and the intranet.
 

Notes

1.      Scholarships are not applicable to postgraduate programmes (PhD, Masters), Graphic Communication, Applied Multimedia, Fine Arts, Medical School programmes, other fees and summer tuition

2.      Students who are eligible for more than one type of Scholarships/Financial Aid will be awarded the scholarship constituting the highest amount (i.e. scholarships cannot be added)
 

Government Subsidy and Financial Aid

Cypriot students are entitled to apply for the government subsidy and Financial Aid which is granted on the basis of family income and property, as well as, on the status of the student (full-time, part-time). 

Details about the government subsidy and financial aid as well as eligibility criteria can be found via the following link (in Greek) http://www.moec.gov.cy/ypiresia_foititikis_merimnas/