Scholarships & Funding for Master's in Greece

Scholarships & Funding for Master's in Greece Funding should not be a barrier to postgraduate studies. In Greece, there are many scholarship sources. 1. State Scholarships (IKY) The State Scholarships Foundation (IKY) offers: - Merit scholarships for master's students - Scholarships for financially disadvantaged students - Scholarships for foreign-language programmes - Amounts: €1,000–€5,000/year 2. University Scholarships Nearly all universities offer scholarships: - Merit-based: up to 50%–100% of tuition (GPA > 8/10) - Need-based: based on family income - Research-based: tied to research projects 3. Foundation Scholarships - Onassis Foundation: scholarships for master's in Greece and abroad - Stavros Niarchos Foundation: scholarships for selected programmes - Latsis Foundation: scholarships for students from Euboea - Bodossaki Foundation: educational programmes 4. European Scholarships - Erasmus+: for joint international master's - Marie Skłodowska-Curie: for research master's - ESPA programmes: free tuition at selected programmes 5. Corporate Scholarships - Banks (National, Piraeus, Alpha Bank): education loans with favourable terms - Tech companies: scholarships for STEM programmes - Shipping companies: scholarships for maritime programmes 6. Tuition Discounts - Early bird: up to 10%–20% for early application - Same-institution alumni: up to 20% - Group enrolment: up to 15% - Military service: some institutions offer discounts Tips for a Successful Scholarship Application 1. Start early — deadlines are usually 3–6 months before the programme 2. Read eligibility criteria carefully 3. Prepare a strong motivation letter 4. Request recommendation letters from professors who know you 5. Show academic progress and extracurricular activities 6. Apply to multiple sources simultaneously — don't rely on one Conclusion By combining multiple funding sources, master's studies in Greece can be affordable even with a limited budget.