Scholarship program for international students
New students enrolled at WU thanks to the Mondi International Scholarships
Over 50% of the students in WU’s English-taught programs are international, hailing from countries around the world. It’s important to WU to make sure this opportunity is also open to international students whose socioeconomic background might otherwise prevent it: Which is why the Mondi International Scholarships will be available starting this fall.
The start of the 2021/22 academic year is also the start of a new scholarship program at WU: the Mondi International Scholarships. This financial aid program is made possible with the generous support of the Mondi Group, one of WU’s long-time corporate partners. In the academic years 2021/22 and 2022/23, Mondi will be covering the costs of seven scholarships per year to be awarded to socially or financially disadvantaged, high-potential international students, allowing them to come to WU to attend a master’s program.
Financial reasons should not be an obstacle to studying
At least four of the seven scholarships will be awarded to women. Each scholarship student will receive financial support for a maximum of two years to complete a master’s program at WU. “The main idea for WU is that financial reasons should not prevent students from gaining international experience. Thanks to the support of our corporate partner, we can now help students from abroad complete their degree at WU. I am particularly pleased that several of the scholarships are reserved for female students, which is a commendable step in the advancement of women," said WU Rector Edeltraud Hanappi-Egger.
Frauke Bastians, Diversity and Inclusion Senior Manager at Mondi, says, “Access to education is an important aspect of inclusion. As we see it, a lack of financial resources should not keep young people from studying. Mondi is a globally active company that employs people from almost 100 countries. By 2030, we also want to increase the percentage of women at all levels from 21% today to at least 30%. This means that four out of ten new hires will be women.” In the 2021/22 academic year, six women and one man were able to enroll in a WU master’s program thanks to the Mondi International Scholarships.
About grants and scholarships at WU
With over 21,000 students from over 120 countries and 2,500 faculty and staff members working in research, teaching, and administration, WU is one of Europe’s leading universities in business, economics, and law. International exchange is a high priority for WU. As part of its mission as a responsible university, WU sees it as imperative to give high-potential students the opportunity to study, regardless of their socioeconomic background. A number of different financial aid programs have been created for this purpose in the past.
For more information, please see also: https://www.wu.ac.at/en/students/my-program/masters-student-guide/grants-and-scholarships
Mondi is a global leader in packaging and paper, contributing to a better world by making innovative packaging and paper solutions that are sustainable by design. Our business is integrated across the value chain – from managing forests and producing pulp, paper, and plastic films, to developing and manufacturing effective industrial and consumer packaging solutions. Sustainability is at the center of our strategy and intrinsic in the way we do business. We lead the industry with our customer-centric approach, EcoSolutions, where we ask the right questions to find the most sustainable solution. In 2020, Mondi had revenues of €6.66 billion and underlying EBITDA of €1.35 billion.
Mondi has a premium listing on the London Stock Exchange (MNDI), and a secondary listing on the JSE Limited (MNP). Mondi is a FTSE 100 constituent, and has been included in the FTSE4Good Index Series since 2008 and the FTSE/JSE Responsible Investment Index Series since 2007.