Contract and payment

Before signing the contract, the grantee has to submit the document confirming the acceptance to the university or research institution abroad (except in case such document has already been submitted along with the application).

The Foundation shall conclude the contract with the grantee generally one month before the start of the studies, which provides the amount and conditions of use of the scholarship.

In case of study periods abroad which last up to 6 months (inclusive), the scholarship is paid in one instalment. In case of study periods abroad which last for 7 or more months, the scholarship is paid in two instalments.

The first instalment, which includes a scholarship for the first 6 tuition months, shall be transferred not later than 2 weeks before the start of the study periods abroad, but not before signing the scholarship contract.
The second instalment shall be transferred after the first 6 tuition months but not before submitting the correct interim report.

Advance payment of the scholarship is not made to the individuals who have outstanding contractual obligations with regard to the Foundation.

In the relevant documentation and speeches, the grantee is obliged to refer to the Ministry of Education and Research and the Foundation as the subsidizer of the tuition. 

Last updated: 24.05.2018