IE University sets €1 million scholarship fund for students from Ukraine

Madrid – IE University and IE Foundation have set up a scholarship fund with an initial installment of €1million to cover up to 100% of tuition fees for both bachelor’s and master’s degrees and/or room and board for talented students displaced or affected by the war in Ukraine. The initiative reinforces IE University’s commitment to educate for democracy and work for peace and freedom in the world through teaching, research, and international cooperation.

The new scholarship fund is in addition to those that IE Foundation and IE University allocate each year to outstanding candidates from more than 100 countries who have difficulties financing their studies.

“This fund is a contribution to our commitment to education. We will use it to provide the teaching needed to effectively contribute to the personal and professional development of Ukraine’s talent, promoting the incorporation of these young people into a democratic and more sustainable peaceful world,” says Gonzalo Garland, Vice President of IE University’s IE Foundation.

The scholarship program will be available to Ukrainian candidates and/or residents of Ukraine affected by the war. Candidates will be outstanding academic performers and also committed to developing their professional future. These scholarships are also available to undergraduates unable to continue their studies in Ukraine and who request a transfer to an IE degree program, supported by the relevant accreditations in Spain.

Students on this scholarship will receive financial aid to cover the full cost of tuition and/or room and board while pursuing undergraduate or graduate programs at one of IE University’s five schools.

Thanks to current donors and their contributions to the IE University General Scholarship Fund, the IE Foundation and IE University will support the first installment of up to €1million for the first scholarships in the academic year beginning this fall.

The creation of this new IE University scholarship fund is in addition to the humanitarian aid to Ukraine that the IE Foundation is coordinating with the Spanish Red Cross. Both institutions are joining forces to help people displaced by the war in Ukraine through a campaign to collect donations for the purchase of basic necessities. The Spanish Red Cross will channel the aid received through Red Cross teams in countries hosting Ukrainian refugees fleeing conflict. https://ie-foundation.ie.edu/ieforukraine