Successful applicants will be awarded a scholarship until the completion of the selected programme of studies in their chosen speciality.
The scholarship includes:
- tuition fees,
- subsistence allowance,
- travel allowance,
- health insurance premiums, and
- the stamp duty payable on the recipient’s residence permit.
To remain eligible for the scholarship, the recipient must actively pursue his/her studies and must have completed at least 75% of the coursework required by the institution by the end of each year of studies. The scholarship does not cover any periods of academic leave or extension of studies.
The monthly subsistence differs by the level of studies:
- 275 euros for students pursuing vocational studies or a language course;
- 310 euros for students pursuing BA level studies;
- 350 euros for students pursuing MA level studies.
In general, the scholarship will be paid out in tree instalments (except in last academic year).
- The first five-month instalment will be paid in September,
- the second five-month instalment in February, after the recipient presents a transcript of his/her academic record for the autumn semester,
- and the third in June after the recipient presents a transcript of his/her academic record for the spring semester.
Archimedes will only proceed to pay out the second instalment if the recipient has fulfilled his/her duties (submitted the required reports, shown due progress in his/her studies, etc). In order to receive the scholarship, the grantee must sign a scholarship agreement with the host institution and Archimedes. The scholarship is exempt from income tax under Estonian legislation.
In addition to their subsistence allowance, first-year students will also receive a 130 euros settling-in allowance paid out in cash upon their arrival. The settling-in allowance will help recipients cover incidental costs incurred in moving to their place of residence in Estonia (deposits towards accommodation at a student residence, application fees for a student card, a library card and an ID card, etc) and to cope with basic everyday needs during their first weeks in Estonia until scholarship funds are transferred to their bank account. The settling-in allowance is also intended to provide a cushion against the extra costs inevitably involved in moving residence.
The scholarship recipients are entitled to a travel allowance that covers up to two return trips home per year. The travel allowance will be paid out in the amount established in the scholarship agreement regardless of the actual cost of travel. The allowance will generally be paid to the scholarship recipient when he/she has actually travelled home and returned. In order to prove having made the trip the recipient must submit to the receiving educational institution the original travel tickets. Where necessary, the scholarship will also cover the cost of the recipient’s health insurance and the stamp duty on the residence permit.
Students admitted in 2013 year or later will no have tuition fees free for the studies as full-time students at public higher education institutions. Free education is guaranteed only for students, who acquire 30 ECTS every semester. Archimedes Foundation will pay tuition fees in case if student have not cumulatively completed the amount of required credit hours by the beginning of the next semester in the capacity of 7,5 ECTS for the semester.
Tuition fees to the higher educational institutions for students admitted before 2013/2014 academic year will be paid pursuant to the Cabinet of Ministers Regulations regarding the base cost of state-funded student places as multiplied by the corrective coefficients applicable in relevant fields of study. Any payments due from the recipient to the educational institution will be made by the Foundation Archimedes. Twice a year the Foundation will make direct payments to the scholarship recipient’s educational institution to cover his/her tuition fees.
Tuition fees to vocational education institutions will be paid pursuant to the Cabinet of Ministers Regulations regarding the cost of student places at vocational education institutions as multiplied by the corrective coefficients applicable in relevant fields of study and to relevant types of study.