Monaco is one of the most densely populated country in Europe that recently became center of attention among international students due to its highly ranked universities offering fully funded scholarships (Ref Worldometers)). Despite this fact, international students prefer to come to Monaco for higher education because of scholarships offered by International University of Monaco (IUM) and in this article i am going to elaborate on how you can also apply for admission on Monaco scholarships for the class of 2024.
There are ten higher educational institutions in Monaco in total so for the students interested to study in Monaco, i have listed down some of their scholarships that can fund your stay in Monaco as a student in 2024.
English Language Requirement in Monaco Universities:
You should know that International University of Monaco teaches all of its programs in English language and requires proof of English language proficiency even from its local students (Ref IUM) and students are allowed to take one of many poppular English language tests like TOEFL, IELTS, and PTE, etc to qualify for submitting an application for Monaco scholarships.
Lets Get an Idea of Living Expense for Students in Monaco:
There are a number of expats living in Monaco with abundance of job opportunities that has increased prices of utilities and housing as more expats want to pour in to Monaco so now the cost of living in Monaco for a local person is estimated to be more than €1,875 a month (Ref numbeo) whereas for expats, this cost is slightly higher than that however family of four persons will need from €6900 to €9000 EUR per month and with that cost of living for a student in Monaco is estimated to be €2500 (Ref Jeduka).
Can You Work as International Student in Monaco?
Being an international student in Monaco you are allowed to work part time but for that you will have to take permission from your university and the authorities understand this concern of many international students already that living in Monaco is expensive which is why they allow international students to work (Ref ) .
Educational Institutions of Monaco:
As mentioned earlier, Monaco’s International University of Monaco (IUM) is most sought after educational institution among locals and foreigners who want to get higher education in Monaco whereas ome other notable universities in Monaco are L’Institut de Formation en Soins Infirmiers (IFSI – Nursing Training Institute), and L’École Supérieure d’Arts Plastiques (ESAP – Monaco Art School).
Lets Explore Scholarships in Monaco 2024:
There are many different kinds of scholarships offered at International University of Monaco with amount of scholarship ranging somewhere between 1,000 EUR to 5,000 EUR. and scholarship committee only takes into account academic merit of their applicants and not the financial need of them.
Monaco scholarships at IUM are also awarded on basis of nationality and a large number of students apply for government funded study loans or use their personal savings in order to fund their education as well. To get the scholarship students must be good in their studies, should have leadership potential, and must showcase a strong will to contribute toward the university’s mission.
This is a private organization whose aim is to support students studying in Monaco which offers several scholarships for the batch of 2024;
- The Paul Scholarship is for students completing a project in literature studies. The amount of funding depends upon the meaningfulness of the project.
- The Marc Scholarship is awarded to students pursuing degrees in medical and health subjects.
- The Tote Exchange award is for students who have to fund a study project abroad.
- The Stephane scholarship is for those enrolled in a program of management studies.
- Robert Grant’s scholarship is for the subject of law and political sciences.
- The Noah Stock Exchange grant is for students pursuing marketing and communication sciences in Monaco.
- Thomas scholarships are for students studying engineering, computer science, or digital science.
3- Government of Monaco Grants:
The department of education, youth, and sports of Monaco is offering scholarships to those who wish or intend to travel to some other country to learn some foreign language and students who want to apply must be of 15 years or older and should be studying in a school or a university.
There are two types of Awards under the Monaco Government scholarship program:
- This award is given to students pursuing a diploma in Monaco. The list of these diplomas can be seen from the website of the Ministry of sport, youth, and education. The value of the award can support the tuition fee of the diploma program from 40% to 100%.
- The second award is for those students who live independently and apart from their immediate families. These students are categorized under ‘independent households’. The applicants must be an apprentice, or a worker working for more than 15 hours a week. The students applying from Monaco will get a higher share of the scholarship. This award also can fund the tuition fee up to 100%.
Prince Albert II of the Monaco Foundation has started a scholarship program meant to support people working toward sustainability and environmental science. The award is for those individuals engaged in research and studies related to ethically aware practices and technological advancement. Within its scholarship program, it funds the cost of an online program in climate change management.
The aim is to develop awareness among people from less developed countries to be more mindful of their environmental impact. The number of awards is 20. After attending the program, students will learn about the economics and science of climate change and its management.