The Georgios & Victoria Karelias Foundation funds twelve (12) scholarships for graduate and postgraduate students at Greek Universities and thirty-seven (37) scholarships for students abroad. The scholarships are awarded for one year. The total scholarship amount is 5000 Euro for students in Greece and 20000 Euro for students abroad.
Applying students must be of Greek nationality and be 30 years of age or younger. Additionally, candidates must obtain an average yearly grade score of 8.00 (or equivalent at foreign universities).