Foundation for Economic Education (SEFE) Scholarship

Key facts

What the Foundation for Economic Education (SEFE) Scholarship covers — and why it's worth applying

Covers tuition and living costs; emphasizes academic merit and potential. The award (Fully funded (tuition + €11,000/yr)) is aimed at Master's study in Finland, and goes to Outstanding international Master's students, especially in STEM and business.

Beyond the money, prestigious scholarships like this strengthen your CV, open alumni and professional networks, and can make your visa application stronger by proving your funding. Even if you're unsure you'll win, applying costs nothing here and the process sharpens your SOP for every other application.

How to apply (and stand out)

1. Confirm you meet the eligibility: Outstanding international Master's students, especially in STEM and business.
2. Read the official criteria carefully and note exactly what the scholarship values.
3. Secure your university admission or nomination first, where it's required.
4. Write a specific, story-led SOP that ties your goals to the scholarship's mission — build and refine yours free with our SOP tool.
5. Line up strong, tailored recommendation letters early (referees need 2–3 weeks).
6. Highlight leadership, impact and a clear plan for how you'll use the opportunity.
7. Submit well before the December annually deadline, and prepare for an interview if you're shortlisted.

Always verify amounts, eligibility and deadlines on the official scholarship website — these change every year.