Faculty of Economics, University of the Algarve - UAlgFE Merit Award

UAlgFE Merit Award

You will receive a full tuition fee waiver for your entire Master’s programme at the Faculty of Economics (Faculdade de Economia, FE) of the University of the Algarve in Faro, Portugal. This covers the tuition fees for both academic years. As a guide: for the ‘Finance’ Master’s programme, domestic students are charged 2,250 EUR in the first year and 1,000 EUR in the second year; this exemption means these costs are waived entirely. You will not receive a monthly cash payment; the benefit is that you can study free of charge. The Faculty of Economics awards the scholarship to its best Master’s candidates.

Who can apply

• Level: You are starting a Master’s degree (2 cycle) at the Faculty of Economics.
• Which programmes: The fee applies to all Master’s programmes at the Faculty of Economics.
• Prior degree: You hold a Bachelor's degree in economics, management, tourism or a related field.
• Grades: You have an outstanding academic record; the award is given to the best candidates.
• No double funding: You have not yet received a similar merit-based scholarship from the University of the Algarve.
• Nationality: Applicants of all nationalities are welcome to apply. However, most degree programmes, such as the Master’s programme in ‘Finance’, are taught entirely in Portuguese, so you must have a fluent command of Portuguese.

How to apply

First, apply for your chosen Master’s programme via the University of the Algarve’s application portal. Then complete the application form for the merit-based scholarship and email it, together with the required documents, to the Faculty of Economics. The application deadline is 21 September. The Faculty management will select the scholarship recipients and present the certificates at an awards ceremony.

Our guide Scholarships in Portugal lists further funding options you may combine with or consider alongside this merit-based waiver.