ALBA Graduate Business School aims to attract the best applicants regardless of their ability to finance their education. For this reason, ALBA offers a number of scholarships to applicants who have demonstrated a strong academic performance. Furthermore, there is also financial aid, available to worthy candidates on the basis of financial need.

Scholarships are based on academic excellence, they are partial and are awarded on the basis of the following criteria:

• Excellent academic record
• High GMAT scores (at least 650 and above). GMAT scores are not applicable for the MSc in Strategic HRM and the MSc in Business for Lawyers programs.

Financial aid covers part of the total fees. Candidates in financial need may apply for the Financial Aid program by providing the following information:

• Tax return (personal + family)
• Personal and social situation (e.g. large family, divorced, widowed, etc.)

There are certain rules that apply for the recipients of scholarships or financial aid:

1. Candidates who have a conditional offer by ALBA may apply for scholarship or financial aid program. Candidates are expected to fulfill the conditions of acceptance before the start of classes. Candidates may be allowed to register for classes, however, any financial aid or scholarship kicks in as soon as the conditions for acceptance are met. In the meantime, the student pays by him/herself and can only register for part of the normal teaching load.
2. All students receiving scholarships on the basis of academic excellence are expected to maintain a Cumulative Index (CI) of 3.0 or above. If the CI of a scholarship recipient drops below 3.0 at the end of a term, the scholarship will be discontinued until such time as the term Grade Point Average (GPA) or the CI rises to 3.0 or above. In such cases, the student will become personally liable for payment of tuition fees corresponding to the teaching periods (terms) for which both the term GPA and the CI have been below 3.0. This rule does not apply to the first teaching period of the Program.
3. Fees paid are non-refundable.

Applicants who wish to apply for scholarship or financial aid must complete the relevant form which can be found at each program's scholarship section and submit it to the respective Program Office along with the application form.

For the Academic Year 2011 - 2012 we offer the following scholarships for our academic programs: 

  

The ALBA Scholarship Program	Partial scholarships to applicants of all academic programs who have demonstrated outstanding academic performance.
ALBA Scholarships for International Students	A number of scholarships offered to international students for all academic programs. For more information please click here.
The ALBA Financial Aid Program	Financial aid offerings for all academic programs that cover part of the total fees.
The ALBA Scholarships to HR Executives	Partial scholarships for professionals working in the field of Human Resource Management, who are candidates for the MSc in Strategic Human Resource Management Program.
AHEAD Scholarships for Micro Enterprises	ALBA Graduate Business School’s Hub for Enterprise and Development (AHEAD) offers partial scholarships for the Full Time MBA and the Professional MBA students.
Bodosakis Foundation Scholarship	One full scholarship for a Full Time MBA student that covers 100% of tuition fees.
Hellenic Bank Association	Partial scholarships for Greek and International students applying to the MBA in Banking Program.
KPMG Scholarships	2 partial scholarships for the MSc in Finance Program covering 25% of the tuition fees. Candidates need to have at least 4 years of work experience and strong academic performance (at least 7.5 from Greek universities; 2.1 from UK universities; 3.40 from US universities).
Greek People Management Association Scholarships	Partial scholarships to members of the Greek People Management Association who apply for the MSc in Strategic HRM Program.
The Athens Chamber of Commerce and Industry (ΕΒΕΑ) Scholarships	2 partial scholarships (50% of the total fees for the MBAs and 25% for the MScs) to members of the Athens Chamber of Commerce and Industry who apply to any of the following programs: - Full Time MBA - Professional MBA - MBA in Banking - MBA in Shipping - MSc in Finance - MSc in Strategic Human Resource Management
The British Hellenic Chamber of Commerce Scholarship	1 Partial scholarship for the ALBA MBA Program to British citizens who work in company members of the British - Hellenic Chamber.
WISTA Hellas Scholarhips	Partial scholarships for the MBA in Shipping program to women working in the maritime industry.
GMAT Scholarships	Those candidates who bring GMAT score from 700 and above,  will be granted a scholarship of 50% of the total fees for all MBAs and 25% for all MScs. (Executive MBA candidates are not included).
The Xenophon Zolotas Scholarship	1 partial scholarship (25% of the total fees), in memory of the eminent Greek Economist for the MSc in Finance students.
The Theodoros B. Karatzas Scholarship	1 partial scholarship (25% of the total fees), in memory of the late Governor of the National Bank of Greece for the MSc in Finance students.
Leventis Foundation Scholarships	2 scholarships for Nigerian nationals that apply for the Full Time MBA Program.  Scholarships cover full tuition fees as well as accommodation and living expenses.
TITAN Cementarnica Usje Scholarhips	1 scholarship for FYROM nationals that apply for the Full Time MBA Program.  The scholarship covers full tuition fees as well as accommodation expenses.
Athens Bar Association	1 partial scholarship to applicants for the MSc in Business for Lawyers Program who are also members of the Athens Bar Association. The scholarship covers 25% of the total fees.
Piraeus Bar Association	2 partial scholarships to applicants for the MSc in Business for Lawyers Program who are also members of the Piraeus Bar Association. The scholarships cover 25% of the total fees.
E.A.N.D.A.	1 partial scholarship to applicants for the MSc in Business for Lawyers Program who are also members of E.A.N.D.A. The scholarship covers 25% of the total fees.
Democritus University of Thrace, Law School	1 partial scholarship to an alumni/a of the Law School of Democritus University applying for the MSc in Business for Lawyers Program. The scholarship covers 25% of the total fees
AIESEC Scholarship	For members and supporters of AIESEC, partial scholarships for all MScs Programs (MSc in Finance, MSc in International Business & Management, MSc in Strategic Human Resource Management and the MSc in Business for Lawyers).