The Philip Hans Franses scholarship is meant for an excellent student from a non-EEA country* who wants to make a difference and who would not be able to study at Erasmus School of Economics without this scholarship. The scholarship entails that for the duration of the study, with a maximum of 3 years (4 years for a Double bachelor BSc2 student), the student will receive a waiver of the tuition fee, meaning that the student will only have to pay the low statutory fee instead of the high institutional fee.
The scholarship is named after our emeritus Dean and eminent econometrician Philip Hans Franses, who has made important contributions to our School and to the field of econometrics. With this scholarship we hope to inspire students to bring out the best in themselves and make a difference.
*The EEA consists of the EU countries and Iceland, Liechtenstein and Norway and students from these countries thus cannot apply.
Requirements
To qualify for the Philip Hans Franses Scholarship, an applicant:
- Must be a national of a country that is not part of the European Economic Area (EEA).
- Must be selected for one of the following programmes*:
- Bachelor International Econometrics and Operations Research
- Bachelor International Economics and Business Economics
- Double bachelor BSc2 in Econometrics and Economics
- Must have registered for one of the above-mentioned bachelor programmes at Erasmus School of Economics in Studielink, as well as having submitted the application documents in the EUR Application Portal before 1 March 2024 in order to be considered for the scholarship.
- Must complete the mathematics entrance exam before 1 April 2024 with a sufficient result, if found math deficient during the bachelor application procedure.
- Must have achieved excellent study results during his/her secondary school education. This means an average final result of at least grade 8.0 on a grading scale of 1-10.
- Must be able to demonstrate the financial need of this scholarship by including a detailed financial statement, in which the financial situation is explained as well as how the applicant is planning to support him/herself for the living expenses.
- Must have completed the immigration application before 15 May. Completing the immigration procedure entails having submitted the immigration application documents, as well as having transferred the tuition fee + the deposit of living costs + the IND handling fee before the 15th of May. For more information, please see the section ‘amount and payment’ below and the website on immigration procedures for prospective students.
- Must eventually be enrolled no later than 1 September of the academic year for which the scholarship is being requested.
* A selection offer is not required at the moment of application, however, only students with a selection offer will be considered for the Philip Hans Franses Scholarship.
Terms and conditions
The scholarship will only be awarded when the applicant will start with the same programme for which they have applied and for which the applicant has received admission. Switching programmes after being awarded a scholarship is not possible.
At the end of the first year of studies, it will be evaluated whether the scholarship will be continued for the second year of studies. The condition being that the student has received a positive Binding Study Advice at the end of bachelor-1. Double bachelor BSc2 students need to have obtained a positive Binding Study Advice for Econometrics at the end of bachelor-1 and for Economics at the end of bachelor-2. At the end of the second year (third year for BSc2) of studies, it will be evaluated once more, whether the student has made sufficient progress in the academic programme to continue the scholarship for the third year (fourth year for BSc2) of studies. To this end, the student is to pass at least 90% of the courses in year 2 (and year 3 for BSc2).
Upon acceptance of the scholarship, the student becomes an ambassador of the Philip Hans Franses Scholarship and Erasmus School of Economics, which includes supporting marketing initiatives.
There is one Philip Hans Franses Scholarship available. No rights can therefore be derived when the above-mentioned minimum application criteria are met.
To be able to provide as many applicants as possible with a scholarship, only 1 type of scholarship will be awarded to 1 applicant. This means you may apply for multiple scholarships; however, a combination of multiple scholarships will not be awarded.
Erasmus School of Economics reserves the right to withdraw the offer for the Philip Hans Franses Scholarship if the applicant fails to comply with the terms and conditions.
Amount and payment
This scholarship concerns a partial tuition fee waiver for the duration of the bachelor programme (maximum of 3 years / 4 years in case of Double bachelor BSc2 enrolment), conditional upon annual re-evaluation. Applicants who are awarded this waiver will therefore not directly receive a sum of money themselves.
The Philip Hans Franses Scholarship can be used as a reduction on tuition fee, as part of completing your immigration procedure. This means, should you be awarded with this scholarship, you are to transfer the remaining part of your tuition fee + deposit for the cost of living + IND handling fee before 15 May.
Application procedure
To apply for the Philip Hans Franses Scholarship, you need to prepare the following documents:
- Motivation letter: stating your motivation to study at Erasmus School of Economics, showing evidence of being an excellent student and demonstrating why the scholarship would enlarge the opportunity to study at Erasmus School of Economics (max. two A4).
- Financial statement: describing your financial situation and the reason and need to receive the scholarship. Budget plan: overview explaining how you plan to finance your studies in case you will receive Philip Hans Franses Scholarship.
- Certified copy of your (most recent) academic transcript.
- Certified statement from your educational institution confirming your obtained GPA. The GPA template document below be used for this. You can also a statement provide by your home University, but it is important that this statement contains the same information as our standard statement.
Once you have gathered all the required information, you can submit your application online via Osiris student.
You can find a detailed overview 'How to apply for a scholarship in Osiris' (pdf).
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Application closed
The scholarship application process has closed. The application process was opened from 1 November 2023 until 1 March 2024. Please note that scholarship applications received – or incomplete – after the deadline, will not be considered.
All of the applications received by our office will be reviewed after 1 March 2024.
All applicants will be officially informed via e-mail about the outcome of their scholarship application. If you are awarded the Philip Hans Franses Scholarship, you will receive further details in the nomination email. All emails will be sent on 15 April 2024.