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The scholarships granted by the CBS concern the total or partial exemption of students from tuition fees for the academic year or the awarding of a bursary for outstanding academic performance.
Financial aid is granted on the basis of financial, social and academic criteria and within the framework of the relevant provision of the annual budget of the Institute.
The financial criteria relate to the applicant's financial condition and, in case the applicant is married, the taxable income of both spouses is taken into account.
The social criteria concern:
The academic criteria relate to:
In particular, the CBS offers a discount on the tuition fees in the following cases:
(a) To students who are members of a family with many children (3 children and above):
When two siblings are attending CBS’ academic programs, up to 5% of the tuition fees for each student are deducted.
(c) Registered students:
CBS wishes to support students (in the 2nd, 3rd or 4th year) who display excellence both in conduct and in their performance (general score 90/100 and above); therefore it grants a scholarship or partial scholarship to a number of students with the above criteria. The amount of the scholarship awarded is deducted from the tuition fees of the following academic year.
Tuition fees discounts, based on student performance, are not paid in cash, but are deducted from the tuition fees of the next semester.