Austria 2015/16 - grants and loans
Date of publication: 2016
Grants - note: Approximately 15 % of students received a grant in 2013/14
Need-based grant (euro): min 60 - most common 4837 - max 9492
Merit-based grant (euro): min 60 - most common 4837 - max 9492
Student grantsThe federal student grants can systematically be divided into two sections: direct study financing received in cash, and indirect study financing which the student may receive by a transfer payment to the students’ parents, or through non-cash benefits.
Direct student support is paid out in monthly instalments up to EUR 9 492 per year on the basis of social criteria and of a good academic performance. The amount is assessed on the basis of income and family conditions.
Students may only be required to pay back grants when proof of academic achievement is missing after the first two semesters.
LoansNo student loans.
Source: Eurydice, National Student Fee and Support Systems 2013/2014, 2015/2016, 2016/2017