Funding your GISMA-MBA

- receive up to 25,500 € from the GISMA-Education Fund -
Selected applicants commencing the full-time MBA-program at GISMA Business School in August 2009 have the
opportunity to finance their studies through the GISMA-Education Fund.

How does the GISMA-Education Fund work?

• A maximum of 10 admitted students can receive granting of up to 25,500 € per person. Accordingly, their tuition expenses will decrease from 30,000 € to 4,500 € (payable in 5 installments of 900 € each).
• Starting with the first job after graduation, the students pay back a percentage (normally about 5-10%) of their income over a period of 60-84 months. The percentage is to be determined before the MBA program starts. It depends on the student’s expected career development.
• Example: Julia wishes to study in the MBA program at GISMA. Unfortunately, her financial means are insufficient.
• Consequently, Julia applies for financing through the GISMA-Education Fund. Due to her interesting record Julia is admitted to the program: instead of paying 30,000 €, Julia only pays 4,500 € for her education. After Julia has successfully completed her studies at GISMA and has accepted a position, she pays back 6.9% of her income over 72 months.

Advantages of the GISMA-Education Fund:

• The Education Fund allows you to study at GISMA – regardless of your financial resources.
• Unlike a loan you do not have to pay back fixed debt and interest.
• When paying back, the Education Fund considers your personal income.
• The payback does not begin unless you have found a job.
• For the time you do not work after graduation, you do not need to pay back.
• In case of a worse than expected income development, you will pay back less than the amount originally received.
• In the case of a much better than expected income development, you will not pay more interest than 7.8% p.a.
• No collateral is required. Your qualification and your enrollment at GISMA are our guarantee.

Admission Requirements:
Our partner CareerConcept is responsible for the selection and admittance of the applicants. To be admitted to the
GISMA-Education Fund program, a candidate must convince CareerConcept of his/her academic, professional and
personal qualifications. The Education Fund is available for students with EU citizenship within the Euro zone, USAmericans
and Canadians.

Next steps for interested applicants:

• Please apply on www.bildungsfonds.de (click “Zur Bewerbung”, then click “Hier geht es zum Bewerbungsverfahren”, choose „private Hochschule“ and „Hannover (GISMA)“).
• Please download your application form from the GISMA homepage (Full-time MBA / Financial Aid)
• For further questions please contact CareerConcept: Ursula Lindemeir, phone +49 (89) 12280080, Email : customerservice@bildungsfonds.de
• For further information from GISMA Business School, please email Monika Bär at mbaer@gisma.com

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