Income Share Agreement (ISA) reverse financing model
by StudierendenGesellschaft Witten/Herdecke e.V.
Stipend
Deferred tuition repayment, income-dependent after graduation (capped)
Duration
repayment period after graduation
Level
bachelor, master, state_examination
Overview
Not a classic scholarship but the university's signature financing instrument: tuition can be deferred ('study now, pay later') and repaid after graduation as a percentage of income, capped at a maximum total. Students choose between direct payment, part deferral or full deferral.
Provider
StudierendenGesellschaft Witten/Herdecke e.V.
Type
university Scholarship
Degree Levels
bachelor, master, state_examination
Benefits & Financial Support
Funding Amount
Deferred tuition repayment, income-dependent after graduation (capped)
Eligibility Requirements
Admitted UW/H students choosing a deferred payment model via the StudierendenGesellschaft contract
What This Scholarship Covers
Tuition Fees
Full or partial tuition waiver at German universities
In the provider's words
- tuition_deferral
How to Apply
Check Eligibility
Verify you meet the nationality, degree level, academic, and language requirements listed above.
Prepare Documents
Gather your academic transcripts, degree certificates, CV, letters of recommendation, language certificates, and motivation letter.
Find a Programme
Identify the German university and programme you want to study. Some scholarships require university admission before applying.
Submit Application
Apply through the official application portal before the deadline. Upload all required documents as PDFs.
Interview & Selection
If shortlisted, attend an interview (may be online). Selection committees assess academic merit, motivation, and fit.
Receive Decision
Scholarship decisions typically arrive 3-6 months after the deadline. If awarded, complete visa and enrolment procedures.
Application Document Checklist
- Completed application form
- Curriculum vitae (CV / resume)
- Motivation letter / statement of purpose
- Bachelor's or Master's degree certificate
- Academic transcripts with grades
- Language proficiency certificate (IELTS, TOEFL, TestDaF, or DSH)
- Letter(s) of recommendation from university professors
- Valid passport copy
- Passport-sized photograph
- University admission letter (if already accepted)
Note: Exact document requirements vary. Always check the official scholarship page for the definitive list.
Need Help With Your Application?
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Quick Facts
- Amount
- Deferred tuition repayment, income-dependent after graduation (capped)
- Duration
- repayment period after graduation
- Degree Levels
- bachelor master state_examination
Frequently Asked Questions About the Income Share Agreement (ISA) reverse financing model
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