Tuition fees & Scholarships

The tuition fee payment for all programmes is due 15 days after the contract has been signed (if an instalment plan has been agreed, the first instalment is due on this day). To make the programme accessible to students who lack the financial resources to pay the programme cost, scholarships are available for those who have already been admitted. (Scholarship applicants who decide to withdraw from the contract after the scholarship decision has been announced may do so without incurring any penalty.)

The tuition fee for all programme years is HUF 750,000 (including VAT).

Scholarships

Here at Milestone we believe in achievement, aspiration and potential. We believe that these three qualities are not confined to those students from a certain economic background, gender or ethnicity. We strongly believe that no highly performing student should face such barriers to reaching their full potential.

Our mission is to nurture a community of future leaders within Hungary. It is important to us that, if we are to reach a vision of a transformed Hungary that our future leaders come from all walks of life and represent the people from all backgrounds. We understand that a ‘glass ceiling’ exists for too many. We at Milestone are dedicated to ensuring that every highly performing student can have the same opportunities available to them.

Through our scholarship programme, successful applicants will receive financial support towards the cost of the programme. Scholarships range from between a 10% to 100% contribution towards the tuition fee for the academic year.

It is through the generous donations of our supporters that we are able to aid financially students who may otherwise struggle to attend Milestone. Should a student’s application be accepted and granted a scholarship, there will be additional requirements and tasks the student must fulfil throughout the duration of the year alongside their studies. To list a few, students must:

  • Matriculate the year successfully
  • Maintain a high attendance rate
  • Actively maintain individual progress logs
  • Attend relevant events in Milestone

Successful students will work closely with their mentors and the Scholarships Team to ensure all requirements are met. All scholarships may be revoked and subject to repayment if students’ performance is found to be unsatisfactory.

Milestone currently offer a range of scholarships, each with varying criteria for eligibility and each lasting for one year only. Following this, reapplication may be possible. For more information on each scholarship, and which is right for you, please see the details below.

Scholarship applications for the 2018/2019 Programme Year have now closed.

Needs-Based Scholarships

As part of our overarching goal of increasing student mobility, we provide a number of fee-waiver scholarships for newly admitted as well as continuing students from lower income backgrounds. Needs-based scholarships are available to students admitted to any of the four academic years (Freshman, Sophomore, Junior and Senior). Scholarships are income-assessed and will be awarded as a percentage of the programme cost, from 10% to 100%.

As applications for needs-based scholarships require the submission of a number of supporting documents, we strongly recommend students to start the application procedure in time.

Merit Scholarship

The Institute awards fee-waiver scholarships for the Senior Year to newly admitted as well as continuing students who have demonstrated exceptional intellectual potential, notably through successful participation in academic competitions. Our scholarship holders have generally excelled at national, regional and international Academic Olympiad competitions. Scholarships are awarded based on past achievements (of continuing  as well as new students) and performance at the entry exam (for new students). Merit scholarships may be revoked and are subject to repayment if the student’s performance is found to be unsatisfactory.

Bulgarian Minority Scholarship

Due to the long-standing collaboration between Milestone and the Bulgarian Minority in Hungary, we have set up a fee-waiver scholarship especially for students who belong to and are active within the Bulgarian minority community. The scholarship is awarded by a joint committee of the Milestone Institute and the representative body of the Bulgarian Minority in Hungary (Bolgár Országos Önkormányzat), following admission to the Milestone Institute. The scholarship covers two-thirds of the programme cost, awarded in equal parts by Milestone and the Bulgarian Minority on the condition that the recipient agrees to volunteer at the Bulgarian Library.

Scholarship for Talented Roma Students

The Milestone Institute subscribes wholeheartedly to the values of equal opportunities and social mobility and believes that talent cannot be contained within borders. At the Milestone Institute, we are strongly committed to diversity, welcoming and respecting the values that different cultures, ethnicities and identities bring. Hence, these scholarships are being offered to talented Roma students, in order that these talented individuals may pursue their studies in the inspirational, tolerant and open-minded environment of the Milestone Institute.

Lyons Scholarship

Thanks to the generosity of the reform congregation of the West London Synagogue, we have launched the Lyons Scholarship, with the aim to increase the number of Jewish children able to benefit from the Milestone Institute’s outstanding, internationally recognised education programme for Hungarian students with high academic ability and strong leadership potential. Recipients should qualify for a place at the Institute, either though Milestone’s admission criteria or by continuing their studies as Milestone student and be of Jewish heritage.

Scout Scholarship

The János Hunyadi Scouts Foundation in Rákosliget has generously offered to fund one full scholarship for a student attending the Milestone Institute. Students starting their Junior or Senior year in May 2017 who are members of the scouts are eligible. Applicants should fill out the scholarship sorter (at the bottom of the page) in order to receive the link for application. They will then be asked to write a short essay in Hungarian on what it means to be a scout and how being a scout has affected them.

UniCredit Scholarship

For the Academic Year 2017/2018, the Institute was in partnership with UniCredit to award scholarships to students who have demonstrated exceptional intellectual potential and an interest in a career in finance. Due to the generosity of UniCredit, Milestone was not only able to award fee-waiver scholarships but also provided the scholars with experience working closely with UniCredit’s Hungarian office.

 

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