Financial Aid

The African School of Economics offers students a number of financial aid awards to help offset the cost of attendance. ASE financial aid is provided based on merit and/or demonstrated financial need. Students from all nationalities and backgrounds are welcome to apply. Click here to download the financial aid application.

All applicants are automatically considered for a merit scholarship when they submit their admission application.

Guiding Principles

  • The need for financial aid, or a lack of financial resources, are not impediments to your admission.
  • Eligibility is determined in the same manner for all admitted students. Students of every nationality, race, religion or ethnicity have the same access to financial aid awards.   
  • In awarding aid packages, we take into consideration your individual circumstances, your family’s capabilities, the demand for aid from all students and university resources.

Assessing Need

We determine your financial aid award based on academic merit and demonstrated financial need. Need-based aid takes into consideration many factors, such as your family’s income, assets, size and unusual expenses. Academic merit and potential are also important factors in helping us determine who will best utilize and benefit from a financial aid award.

Family Contribution

ASE carefully reviews the information each applicant provided about their family’s financial situation, in addition to any additional circumstances brought to our attention. We hope families discuss the cost of going to graduate school and understand that paying for higher education has considerable long-term benefits. Because of the high volume of students requiring financial assistance, we are unable to provide additional aid for students whose families arbitrarily withdraw financial support. Please be assured, however, that we will work with your family to help find a way to cover the full cost of attendance.

Student Contribution

We expect students to help cover their costs while attending ASE. We realize that working and studying is time consuming, but we hope that you make every effort to balance your work-life. For students who are not able to save enough money to cover their costs before entering ASE, we offer a Work Study Program and additional student loans when necessary.

If you have any questions regarding financial aid, please do not hesitate to contact ASE at: