The Karelia Foundation instituted a special scholarship program for postgraduate students who wish to continue their education inj Greece or abroad. The scholarships are available for students of the following faculties: Economic and Regional Development, Marine Studies, Business Administration, Public Administration, Environment and Development, Agricultural Economics. The total scholarship amount for studies within Greece equals 5000 Euro per scholarship. The total amount for scholarships abroad equals 20000 Euro each.
Applying students have to be Greek citizens. They must hold a master's degree in the field of Economics. Candidates must also obtain an average grade score of 8.00 or better at the end of their previous degree course.