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Scholarships

73% of AUBG students receive some form of financial support.

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Postbank Scholarships

Two scholarships of $5,000 (1 for current students and 1 for newcoming ones)

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Academic Merit-Based Scholarships

  • One scholarship of $2,500 is available: one for an entering student of Bulgarian origin, residing in the U.S., or for an entering student of Bulgarian origin, residing in Macedonia or in the Western Outlands, based on academic merit. In case no applicant meets the Macedonia/Western Outlands and/or USA residence criteria, the amount may be applied to any of the other two types of scholarships.

  • One full tuition scholarship for the four-year course of study is available to Bulgarian first-year students at AUBG with a minimum high school GPA of 3.50 on a scale of 4.00 and demonstrated significant social impact in their communities. In addition to the standard application requirements for enrolment in AUBG, applicants for the Bulgarian Social Impact scholarship are also required to submit an essay, video or presentation telling the story of their social impact project, as well as at least one additional reference letter by someone who can verify the truthfulness of the project story. In order to be eligible, projects should have been implemented in Bulgaria and should have impacted positively the Bulgarian society, community group(s) or citizens permanently residing in Bulgaria. Projects will be evaluated from the perspective of the sustainability and scaling potential of the positive social change which they have caused, as well as from the perspective of the number of people who have been benefiting from this positive change. Scholarship recipients will be required to maintain CGPA of a minimum 3.50 on a scale of 4.00 during their entire course of study at AUBG to retain the scholarship and will be encouraged to demonstrate continued social engagement via extracurricular activities.

  • In honor of an outstanding Bulgarian/American, one scholarship of $2,500 for the first year of study will be awarded to Bulgarian first year student based upon academic merit, character, leadership skills, and service to others.

  • Two $2,500 scholarship for the first year of study is available for a new AUBG Bulgarian student of good academic standing with a significant achievement outside of academics (i.e. music or sports semi-professional involvement). The student should be committed to staying in Bulgaria long term.

  • Two $5,000 scholarships for the first year of study are available for freshman AUBG students from Belarus or Ukraine.

  • One scholarship of $5,000 ($2,500 per semester) for the first year of study is available to new AUBG students. Eligibility requirements: TOEFL min. 100 p. or the equivalent on another AUBG-accepted English language proficiency test and a short essay (up to two pages) on the following topic: "Humanity vs. Digitalization - the importance of humans in digital transformation and innovation in the banking world”. There will be no nationality restrictions, however, preference will be given to new coming Bulgarian students. Postbank is a Corporate Founding Member of the Corporate Advisory Board of the American University. The scholarship is part of strategic cooperation between the two institutions which includes various initiatives, events, and opportunities for students.

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Scholarships with Need-Based Component

These scholarships will be based on the applicant's academic merit and financial need. To be considered, applicants must complete the Application for Financial Aid.

  • Up to 15 scholarships of $2,000 each for the first year of study are available to incoming students of Albanian descent from Albania, Kosovo, and Macedonia, based on financial need. Scholarships are for the first year of study.

  • Six scholarships of $2,500 each for the first year of study are available to new AUBG students based on both academic merit and financial need. There will be no nationality restrictions; however, preference will be given to entering Bulgarian students. Eligible students are identified by the Scholarship Committee based on their application and financial aid form.

  • Two $1,500 scholarships are available to students with a high school GPA of 3.0 or above (on a 4.0 scale) with financial need. Georgi Sava Rakovski, Scholarships will be awarded to qualified full-time students.

  • Three $5,000 scholarships annually for the four-year course of study are available for students from Romania, Ukraine, Georgia or Turkey, showing financial need and demonstrating academic excellence.

  • Two scholarship of $2,000 for the first year of study is available to a student from Kyrgyzstan (Tajikistan, Turkmenistan, Uzbekistan or a country from Central Asia) with financial need.

  • One $2,500 scholarship for the first year of study is available to a prospective student from the post-communist regions of Eastern Europe and Central Asia. The scholarships will be awarded based on academic achievement and demonstration of need.

  • Melon Endowed Scholarship

    Two annual need-based scholarships at the value of 2,200 EUR each for first-year students from Bulgaria, Macedonia, Serbia, or Kosovo. Preference will be given to applicants interested in majoring in COS, BUS, INF, or MAT, with a history of being socially active in their communities. A gift from friends who started and built one of many AUBG alumni-founded software development companies with the goal of promoting regional empathy, ambition, and collaboration.

    About the company

    Melon, now part of global digital transformation consultancy Kin + Carta, would not have existed without AUBG. The founding partners all met at AUBG, between 1995 and 1998. Some of them actually started running the first projects from the AUBG campus. Twenty or so years of successful business growth later, the partners decided to help keep our alma mater a place where new, similar endeavours can spring up. At the time of its acquisition, Melon had offices in Bulgaria, Macedonia and Kosovo. For this reason, and as a sign of gratitude to colleagues and local communities that helped develop the company in these countries, the scholarship is available exclusively to students from this part of the world and with interest in majors that made Melon possible.

  • Three $2,500 scholarships for the first year of study are available to first-year students who have demonstrated financial need and are students of considerable promise in terms of academic accomplishments, leadership abilities, and personal character.

  • 10 scholarships of $3000 each for the first year of study are available to incoming students from Albania, who have successfully covered AUBG admissions criteria. Students should have a CGPA of a minimum of 3.00 out of 4.00 and preference should be given to applicants from low-income families and background.

  • One or two scholarships for the first year of study are available for Bulgarian AUBG students who have graduated from the Burgas English Language School “Geo Milev”.

  • Up to ten 40% scholarships per year for four years are available for Bulgarian students with high academic merit. The students must also be eligible based on financial need as evaluated at the time of admission. The student must intend to study Economics at AUBG and work in Bulgaria for at least 5 years after graduation.

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Scholarships for Current Students

Scholarships will be awarded on the academic merit of the student. Current AUBG students should visit the Student Hub or contact [email protected] for the application details and eligibility requirements for each scholarship. Continuing student scholarships will be awarded in accordance with AUBG's Named Scholarship Policy.

  • THREE $4,000 scholarships will be awarded and applied to the recipients’ University-related expenses for Spring 2023 and Fall 2023 semesters ($2,000 per semester). All full-time and continuing AUBG students with a CGPA of 3.00 or above are eligible to apply. Applicants are required to submit an essay on the following topic: “What has been your personal contribution so far towards protecting the environment and mitigating climate change? What do you plan to undertake in the next year to enhance your efforts?”. Preference will be given to AUBG students showing outstanding interest in environmental studies and sustainable development, demonstrated through enrolment in relevant courses, extracurricular activities, or any other relevant projects, as indicated in candidates’ applications and CVs.

  • ONE $1,500 scholarship will be awarded and applied to the recipient’s University-related expenses for the Spring 2023 and Fall 2023 semesters. All full-time AUBG students, with a cumulative GPA of 3.6 or above are eligible to apply. Preference will be given to the students with the greatest financial need.

  • One $2,500 scholarship will be awarded and applied to the recipient’s University-related expenses for the Spring 2023 and Fall 2023 semesters ($1,250 per semester). All full-time AUBG students in their sophomore, junior or senior year of study during Spring 2023 and Fall 2023 semesters with a CGPA of 3.25 or above and an expressed desire to return to their country of origin upon completion of their post-graduate education are eligible to apply.

  • ONE $1,500 scholarship will be awarded and applied to the recipient’s University-related expenses for Spring 2023 and Fall 2023 semesters ($750 per semester). All full-time current AUBG students in the field of Journalism and Mass Communication with a CGPA of 3.7 or above and any related awards for academic achievement, participation in social activities (University clubs, publications, community programs), and demonstration of self-support financially (summer jobs, part-time employment, etc.) are eligible to apply.

  • ONE $1,500 scholarship will be awarded and applied to the recipient’s University-related expenses for the Spring 2023 and Fall 2023 semesters ($750 per semester). All full-time AUBG students (except any student who is a graduating senior or is in his or her eighth semester of study at the time of application), in good academic standing (i. e. not on academic probation), who demonstrate a track record of meaningful contributions towards the advancement and quality of University student community life (e.g. extracurricular activities, student clubs, interest groups, etc.) are eligible to apply.

  • ONE $3,500 scholarship will be awarded and applied to the recipient’s University-related expenses for Spring 2023 and Fall 2023 semesters ($1,750 per semester). All full-time AUBG students for their sophomore or junior year of study during Spring 2023 and Fall 2023 semesters with a CGPA of 3.00 or above who major or minor in Computer Science are eligible to apply. Scholarships will be awarded based on CGPA; Financial need will be used as a secondary criterion in case of students with equal GPA.

  • Up to fourteen $1,000 scholarships will be awarded and applied to the recipient’s University-related expenses for Spring 2023 and Fall 2023 semesters ($500 per semester). Full-time students of all majors with a CGPA of 3.5 or above from Albania, Kosovo, and Macedonia (Albanian descent), or from Bulgaria are eligible to apply. Recipients must have completed at least two semesters at AUBG and maintain full-time status during the complete duration of the scholarship term.

  • TWO $2,000 scholarships will be awarded and applied to the recipients’ University-related expenses for the Spring 2023 and Fall 2023 semesters ($1,000 per semester). All full-time AUBG students in their third or fourth year of study (at the time of receiving the scholarship) with a CGPA of 3.50 or above are eligible to apply. Preference will be given to students with the greatest financial need.

  • ONE $3,400 scholarship will be awarded and applied to the recipients’ University-related expenses for the Spring 2023 and Fall 2023 semesters ($1,700 per semester). All full-time AUBG students from Belarus or Ukraine are eligible to apply. Preference will be given to students in financial need.

  • One scholarship of $5,000 ($2,500 per semester) will be awarded to a full-time current AUBG third-year student from majors: Business Administration (Accounting, Finance, Marketing, and Management), Economics, Entrepreneurship, and Finance. Preference will be given to students who demonstrated high academic achievements with a CGPA of 3.5 or above. Applicants must submit a business case (topic to be announced). There will be no nationality restrictions, however, preference will be given to current Bulgarian students. Postbank is a Corporate Founding Member of the Corporate Advisory Board of the American University. The scholarship is part of strategic cooperation between the two institutions which includes various initiatives, events and opportunities for students.