Scholarships & Financing
Tuition fees at PMU
- As a private university, we do not receive support from the Ministry of Science and therefore charge tuition fees.
- Payment terms are outlined in the education contract established between the university and the student, and they remain fixed for the entire duration of the program, providing a level of financial planning security.
- Additionally, students need to consider living expenses, costs for a laptop, books, course materials, and the semesterly Austrian Student Union (ÖH) fee. There is no state tuition fee to be paid.
Please visit the links for details on the costs for the Pharmacy Bachelor's- and Master'sprograms as well as Pharmacy. Switch.
For Austrians
- www.stipendium.at: website of the Austrian Study Grant Authority
- www.grants.at: Austrian database for scholarships and research funding
For Germans
- www.stipendiumplus.de: scholarships from the Begabtenförderungswerke
- www.deutschlandstipendium.de
- Stipendien finden - DAAD
- www.stipendien-tipps.de/studium/stipendien/anbieter-von-stipendien
Financial Aid scholarships
Paracelsus University offers annual scholarships to help students cover tuition fees. These scholarships are awarded based on social criteria.
Key factors considered include all income sources contributing to the student's livelihood (as indicated by taxable income on the income tax notice) and the number of dependents, such as siblings. This support is recalculated each year based on newly submitted documents. Scholarships are determined after a thorough review and evaluation of these documents.
The submission deadline is set annually in September of the current academic year. PMU scholarships are processed after the complete submission of income documentation (code 245 on the annual income statement for employed persons or taxable income for self-employed individuals). The university reserves the right to allocate scholarships based on available financial resources. The allocation is guided by PMU-established criteria and uses the OECD formula for calculating equivalized income (total relevant income divided by total household size = weighted income, which serves as the basis for determining the scholarship amount).
Calculate your scholarship now (scholarship calculator)
For further details or a non-binding preliminary calculation of a potential PMU scholarship, feel free to contact stipendien[at]pmu.ac.at at any time.
Note: Students receiving financial aid scholarships in their 3rd year of study receive a grant of €700.00 for their first attempt at the USMLE exam and €400.00 for their second attempt. In the 4th year of study, scholarship recipients receive €1,500.00 to support a 4-month research stay overseas or €750.00 for a research stay in Europe. Additionally, internships (research/industry/clinical practical year) within the EU are supported through Erasmus+. For more information, please contact the PMU-International-Office.
Merit-based scholarships
Each year, Paracelsus University awards merit-based scholarships to students. These scholarships are granted at the end of the academic year to each class and are based on the weighted average of ECTS grades, with amounts ranging from €750.00 to €1,500.00.
Brain Capital Education Funds
Our partner, Brain Capital, offers a flexible study financing option. How does this innovative model work?
- You enter into a sponsorship agreement to finance your tuition fees.
- You complete your studies worry-free, without the burden of tuition fees. These fees are paid directly by the Education Fund to Paracelsus University.
- Only after graduation, and only if you reach the minimum income threshold, do you make income-dependent repayments to the Education Fund.
- Your repayments enable the next generation to finance their studies at Paracelsus University with the help of the Education Fund.
Financing through the Salzburger Sparkasse or your own bank
Another financing partner is the Salzburger Sparkasse, which offers favorable conditions for PMU students.
Your own bank
Of course, you are also free to arrange suitable financing through your own bank.
Public Austrian study grants
Students at private universities are granted the same rights as students at public Austrian universities in terms of foreign law and study grants. Austrian citizens, as well as equivalent foreign nationals and stateless individuals, are eligible for study grants (§ 4 StudFG).
Austrian Family Allowance (Familienbeihilfe)
The regulations regarding eligibility for family allowance, child co-insurance, and tax law provisions also apply to students at private universities.
German study grants
Federal Training Assistance Act (BAföG): www.bafög.de
Study expenses may be tax-deductible. Information on the maximum limits and eligibility for deducting your study costs can be found at the Bundesministerium für Finanzen (Austrian Federal Ministry of Finance) or, for Germany, at mein-studium-finanzen.de.
