Support the university and students

The companies offering the scholarships decide who will receive their scholarship.  

We send the companies the list of candidates and the corresponding documents at least a week after the application period ends, and we eagerly await the committees' responses.  

Each committee has its own approach to making a decision, and you should also be prepared for the possibility that the company may contact you directly for further discussion. Some companies conduct interviews over the phone, while others might invite you to visit their office.  

The list of selected candidates will be published on the Development Fund’s website approximately one month after the application period ends.

The required documents are determined by the scholarship provider. Usually, these include a motivation letter, a CV, and an academic transcript from the Student Counsellor. However, it is often necessary to submit an essay on a given topic and a recommendation letter as well.  

Be sure to carefully read the scholarship guidelines to ensure you know exactly which documents need to be submitted!

Template for writing a motivation letter HERE

Template for writing a letter of recommendation HERE
 

Since your motivation and recommendation letters will be read by the scholarship sponsors, you should address the letters specifically to the representative of the company offering your chosen scholarship.

You can request an academic transcript from your school’s Student Counsellor. The easiest way to do this is via email, and the contact information can be found on the TalTech website.  

Don’t leave this to the last minute, as the dean’s office is only open during regular working hours.

Each candidate can submit up to three applications for scholarships.  

If a student is selected as the recipient of more than one scholarship, the decision will be returned to the student. A single student can receive only one scholarship in the main competition. The scholarship that is declined by the student will, in agreement with the company, be awarded to the next eligible student. 

Neo Performance Materials, including its Estonian subsidiary NPM Silmet and NPM Narva, is a global leader in the production, processing, and development of advanced materials, with a strong focus on rare earths and critical metals. The company’s technologies enable innovation in clean energy, high-tech, and sustainable industries worldwide. NPM Silmet, located in Sillamäe, is one of the largest rare earth and niobium processors in Europe, offering unique career and research opportunities for ambitious engineers and scientists. In addition, Neo’s state-of-the-art magnet factory in Narva provides opportunities for students to gain hands-on experience in advanced manufacturing, contribute to sustainable energy solutions, and explore future career paths in a high-tech industrial environment. Through its scholarships, the company aims to encourage talented TalTech students to pursue excellence in engineering and contribute to the development of future technologies.

Neo Performance Materials scholarship is intended up to two TalTech masters and/or doctoral studies students who are willing to conduct their thesis or research on topics that are related to rare earth elements, hydrometallurgy and neodymium sintered magnet production. Candidates need to meet the following requirements:  

• matriculated at TalTech and not on academic leave as of the moment of submitting the application;    
• enthusiastic of their area of specialization, and the ambition to become a top specialist in the rare earths field;  
• candidate sees themselves supporting the creation of the Estonian Center of Excellence on Rare Earths R&D and neodymium sintered magnet R&D;  
• is open to opportunity for internship at Neo Materials Performance (NPM Silmet or NPM Narva); the exact form of cooperation would be determined in communication with the scholarship sponsor.

One student will be selected for NPM Silmet & one student for NPM Narva given the alignment of the research topic with the respective NEO business division and its interests. 

The amount of one scholarship is 2500 euros. The scholarship amount shall be paid in one instalment. 

In order to apply for the scholarship, applicants shall have to submit the following documents (all in English) to the Management Board of the Development Fund:

• A motivation letter in which the applicant explains how they meet the established requirements;  
• A short essay (maximum 1 A4) or description of the desired research and/or thesis topic:  
  • alignment with NEOs business interests in the field of rare earth solvent extraction separation chemistry/processing and neodymium sintered magnet processing
• Curriculum vitae;  
• An extract from study results (from the Dean’s Office); First-year students must submit their previous level graduation certificate along with the grades;
• A recommendation from a lecturer, a practical training supervisor, a previous employer OR the head of a (student) organisation (in which you have been an active contributor). 

Read more HERE.

APPLY HERE

The Ukrainian Scholarship fund was established in March 2022 to collect donations to support the studies of Ukrainian students at TalTech. In 2022 Development Foundation issued 35 scholarships in total of 20 000 euros. Fund is funded by both individuals and companies. In 2023 and 2024 the largest supporter is TalTech Library whose charitable book fair collected the majority of this year’s scholarship fund. Students can use the scholarship according to their needs.  

The scholarship is intended for one TalTech bachelor’s or master’s student with Ukrainian citizenship, who meets the following requirements:  

• Matriculated at TalTech and is not on academic leave;
• Is consicentious and successful in their studies;
• An active lifestyle and a fan of their profession.

The amount of one scholarship is 900 EUROS which shall be paid in one instalment. 

In order to apply for the scholarship, applicants shall have to submit the following documents:

• A motivation letter in which the applicant explains how they meet the established requirements and how this scholarship would support his/her studies;  
• CV. 

Read more HERE.

APPLY HERE

Future Talent Scholarship of Swedbank is intended for one successful TalTech bachelor student studying at the School of Business and Governance and one successful TalTech bachelor student studying at the School of Information Technologies, who meet the following requirements:

• Matriculated at TalTech and not on academic leave as at the moment of submitting the application;  
• Good weighted average grade;
• Study performance volume at least 30 ECP by the day of submission of the application;
• An active attitude to life and a fan of their area of specialization, aiming to become a top specialist in the area;  
• The opportunity to complete an internship at Swedbank, the exact form of cooperation would be determined in communication with the sponsor.  

The amount of one scholarship is 2000 euros which shall be paid in one instalment. 

To apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• A motivation letter in which the applicant explains how they meet the established requirements;
• Curriculum vitae;
• An extract from study results (from the Dean’s Office);
• A recommendation from a lecturer, a practical training supervisor, a previous employer or the head of a (student) organisation (in which you have been an active contributor). 

Read more HERE.

APPLY HERE

Grow Finance Scholarship: Artificial Intelligence in Accounting is intended for one resourceful bachelor's student from the School of Business and Governance at Tallinn University of Technology, who meets the following conditions:

• Matriculated at TalTech and not on academic leave as at the moment of submitting the application;  
• Study performance volume at least 60 ECP by the day of submission of the application;
• An active attitude towards life and a passion for their field, with the ambition to succeed and achieve goals in the financial sector;
• Ready to collaborate with Grow Finance OÜ; the exact form of cooperation will depend on the agreement between the scholarship recipient and Grow Finance OÜ;
• Willingness to visit the company and meet with the company’s management. 

The amount of one scholarship is 2000 euros which shall be paid in one instalment. 

In order to apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• Up to a 10-sentence discussion on the following topic: Imagine you are the company’s Chief Financial Officer/accountant. Which specific process would you automate with AI and why? Describe how this change could support the company’s growth or innovation;
• Curriculum vitae;
• An extract from study results (from the Dean’s Office). 

Read more HERE.

APPLY HERE

Gunvor Services AS is part of the international Gunvor Group, which is among the world’s leading energy trading companies. Gunvor operates in over 100 countries, providing integrated solutions in the procurement, processing, transportation, and sale of raw materials. In Estonia, Gunvor Services AS focuses primarily on offering logistics solutions and extensive support services to the group’s companies, including, for example, software development, accounting, back-office, letter of credit, and contract management services.

We are looking for a successful student from the School of Business and Governance who has a genuine interest in this field to apply for the scholarship.

Gunvor Services School of Business and Governance Scholarship is intended for one successful TalTech student studying in the at School of Business and Governance, who meets the following requirements:

• Matriculated at TalTech and not on academic leave as at the moment of submitting the application and studying full-time;  
• Very good weighted average grade;
• Study performance volume at least 90 ECP by the day of submission of the application;
• Ready to collaborate with Gunvor Services AS; the exact form of cooperation would be determined in communication with the sponsor.  
• Readiness to meet for an interview with the business representatives (in English)

The amount of one scholarship is 2000 euros which shall be paid in one instalment. 

In order to apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• A motivation letter in which the applicant explains how they meet the stated requirements and outlines their personal future plans and goals;
• Curriculum vitae;
• An extract from study results (from the Dean’s Office);
• A recommendation letter from at least one lecturer, internship supervisor, employer, or collaboration partner. 

Read more HERE.

APPLY HERE

AS Tallinna Vesi is the largest water company in Estonia, providing water and sewerage services to almost a third of the Estonian population. In Tallinna Vesi, we create a better life with clean water every day by applying engineering knowledge and we contribute to the balance of the natural environment.

Tallinna Vesi School of Business and Governance Bachelor’s Study Scholarship is intended for one successful TalTech bachelor’s studies student studying at the School of Business and Governance, who meets the following requirements:

• Matriculated at TalTech and not on academic leave as at the moment of submitting the application;
• Doesn’t have a valid employment relationship (including contractual agreement) with AS Tallinn Vesi and/or Watercom OÜ (except internship);
• Study performance volume at least 60 ECP by the day of submission of the application;
• An active attitude to life and a fan of his/her area of specialisation, aiming to become a top specialist in the area;
• An opportunity to sign a contract with AS Tallinna Vesi, outlining an agreement for an internship and/or thesis work;  
• An opportunity to participate in at least one project with AS Tallinna Vesi, during which a professional task will be solved. 

The amount of the bachelor’s study scholarship is 2000 EUROS. The scholarship shall be paid in one lump sum payment. 

In order to apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• A motivation letter or a 1–2 minute video on the topic:  
  • Option: “The Impact of Climate Change on Water Resources and My Role in Their Protection”  
  • Option: “Water Quality Monitoring and My Role in Its Improvement”
• Curriculum Vitae;
• An extract from study results (from the Dean’s Office);
• A recommendation from a lecturer, a practical training supervisor, a previous employer or the head of a (student) organisation (in which you have been an active contributor).

 Read more HERE.

APPLY HERE

Admirals is an international financial services trademark which offers its clients a leveraged web-based service for trading with Forex and CFDs on an OTC market, as well as exchange-listed instruments. Since its foundation in 2001, Admirals has constantly expanded its grasp and currently operates all over the world via enterprises subject to local regulations.

Admirals scholarship is intended for up to two TalTech students studying at School of Information Technology or at School of Business and Governance, who meet the following requirements:

• represented TalTech and introduced the studying opportunities at schools, education, career and professional trade shows, at TalTech’s open doors days or other events;  
• matriculated at TalTech and not on academic leave as of the moment of submitting the application;  
• full-time studies;  
• weighted average grade at least 3.8 (if you already have grades);   
• no study debts (exept for good reason);  
• an active attitude to life, enthusiasm for their area of specialization, and the ambition to become a top specialist in the field;  
• the grantee is ready to volunteer a minimum 20 h per academic year in any project that is running in Estonia through:  
  • https://orderofmalta.ee/en (preferred)
  • https://www.seltsilised.ee/
  • https://heakodanik.ee
• the grantee shall prove (certificate, written confirmation, etc.) the volunteer work (as listed above) upon Admirals’ request;  
• opportunity to collaborate with Admiral Markets AS; the exact form of cooperation shall be determined in communication with the sponsor.   

The amount of one scholarship is 2000 EUR for the bachelor’s degree and 3000 EUR for the master’s degree. The scholarship amount shall be paid in one instalment. 

In order to apply for the scholarship, applicants shall have to submit the following documents (all in English) to the Management Board of the Development Fund:

• A motivation letter in which the applicant explains how they meet the established requirements;
• An essay on one of the following topics:  
  • How new technological approaches (e.g, AR, MR, VR, Metaverse) could help FinTechs to provide better investing services for customers?  
  • What has helped you the most to understand the aspects of investing, and what materials/courses do you plan to use in the future to expand your knowledge in this area?
• Curriculum vitae;
• An extract from study results (from the Dean’s Office). First-year students must submit their previous level graduation certificate along with the grades; 
• A recommendation letter from a lecturer, a practical training supervisor, a previous/current employer or the head of a (student) organisation (in which you have been an active contributor).

Read more HERE.

Kuula, mis võimalused avanevad Admiralsi stipendiumile kandideerimisel tudengile?

KANDIDEERI SIIN

AS Tallinna Vesi is the largest water company in Estonia, providing water and sewerage services to almost a third of the Estonian population. In Tallinna Vesi, we create a better life with clean water every day by applying engineering knowledge and we contribute to the balance of the natural environment.

Tallinna Vesi School of Business and Governance Master’s Study Scholarship is intended for one successful TalTech master’s studies student studying at the School of Business and Governance, who meets the following requirements:

• Matriculated at TalTech and not on academic leave as at the moment of submitting the application;
• Doesn’t have a valid employment relationship (including contractual agreement) with AS Tallinn Vesi and/or Watercom OÜ (except internship);
• Study performance volume at least 60 ECP by the day of submission of the application;
• An active attitude to life and a fan of his/her area of specialisation, aiming to become a top specialist in the area;
• An opportunity to sign a contract with AS Tallinna Vesi, outlining an agreement for an internship and/or thesis work;  
• An opportunity to participate in at least one project with AS Tallinna Vesi, during which a professional task will be solved. 

The amount of the master’s study scholarship is 3000 EUROS. The scholarship shall be paid in one lump sum payment. 

In order to apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• A motivation letter or a 1–2 minute video on the topic:
  • Option: “The Impact of Climate Change on Water Resources and My Role in Their Protection”
  • Option: “Water Quality Monitoring and My Role in Its Improvement”
• Curriculum Vitae;
• An extract from study results (from the Dean’s Office);
• A recommendation from a lecturer, a practical training supervisor, a previous employer or the head of a (student) organisation (in which you have been an active contributor). 

Read more HERE.

APPLY HERE

Future Talent Scholarship of Swedbank is intended for one successful TalTech bachelor student studying at the School of Business and Governance and one successful TalTech bachelor student studying at the School of Information Technologies, who meet the following requirements:

• Matriculated at TalTech and not on academic leave as at the moment of submitting the application;  
• Good weighted average grade;
• Study performance volume at least 30 ECP by the day of submission of the application;
• An active attitude to life and a fan of their area of specialization, aiming to become a top specialist in the area;  
• The opportunity to complete an internship at Swedbank, the exact form of cooperation would be determined in communication with the sponsor.  

The amount of one scholarship is 2000 euros which shall be paid in one instalment. 

To apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• A motivation letter in which the applicant explains how they meet the established requirements;
• Curriculum vitae;
• An extract from study results (from the Dean’s Office);
• A recommendation from a lecturer, a practical training supervisor, a previous employer or the head of a (student) organisation (in which you have been an active contributor). 

Read more HERE.

APPLY HERE

Kristel Kruustük named bachelor`s study special edition scholarship is intended for up to one successful TalTech bachelor’s female student studying in the School of Information Technologies, who meet the following requirements:

• Matriculated at TalTech and not on academic leave as at the moment of submitting the application;.  
• An active lifestyle and a fan of their profession, whose goal ist o make it to the topp of their field.  

The amount of the scholarship is 2000 EUROS which shall be paid in one lump sum payment. Receiving the scholarship includes the opportunity for a mentoring session with Kristel Kruustük. 

In order to apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• A short essay, video, or presentation in English on the topic: “My role in the age of AI: how can I contribute to a better future?”
• Curriculum Vitae;
• An extract from study results (from the Dean’s Office); Freshmen can apply without an extract from study results.  

Read more HERE.

APPLY HERE

At Wise, we believe that in order to build a diverse, empathetic and inclusive product we have to have a diverse team working on it. We want to help erase obstacles to careers in technology and encourage women who are just getting started to enter the industry.  

The Wise scholarship is intended for one successful woman bachelor’s student in the TalTech School of Information Technology, who meets the following requirements:

• Matriculated at TalTech and not on academic leave as at the moment of submitting the application;
• does not have a valid employment relationship with Wise Payment Limited Eesti; or has applied to current employment with Wise, or upcoming in the near future;  
• the opportunity to collaborate with Wise; the exact form of cooperation would be determined in communication with the enterprise. 

The amount of one scholarship is 2000 euros which shall be paid in one instalment.

To apply for the scholarship, applicants shall have to submit the following documents in English to the Management Board of the Development Fund:  

• a motivation letter (in English) in which the applicant explains how they meet the established requirements. In your motivational letter:  
  • Tell us why you are a good candidate for Wise scholarship;  
  • Tell us about your proudest achievement.  
• Curriculum vitae (in English). 

Read more HERE.

APPLY HERE

Admirals is an international financial services trademark which offers its clients a leveraged web-based service for trading with Forex and CFDs on an OTC market, as well as exchange-listed instruments. Since its foundation in 2001, Admirals has constantly expanded its grasp and currently operates all over the world via enterprises subject to local regulations.

Admirals scholarship is intended for up to two TalTech students studying at School of Information Technology or at School of Business and Governance, who meet the following requirements:

• represented TalTech and introduced the studying opportunities at schools, education, career and professional trade shows, at TalTech’s open doors days or other events;  
• matriculated at TalTech and not on academic leave as of the moment of submitting the application;  
• full-time studies;  
• weighted average grade at least 3.8 (if you already have grades);   
• no study debts (exept for good reason);  
• an active attitude to life, enthusiasm for their area of specialization, and the ambition to become a top specialist in the field;  
• the grantee is ready to volunteer a minimum 20 h per academic year in any project that is running in Estonia through:  
  • https://orderofmalta.ee/en (preferred)
  • https://www.seltsilised.ee/
  • https://heakodanik.ee
• the grantee shall prove (certificate, written confirmation, etc.) the volunteer work (as listed above) upon Admirals’ request;  
• opportunity to collaborate with Admiral Markets AS; the exact form of cooperation shall be determined in communication with the sponsor.   

The amount of one scholarship is 2000 EUR for the bachelor’s degree and 3000 EUR for the master’s degree. The scholarship amount shall be paid in one instalment. 

In order to apply for the scholarship, applicants shall have to submit the following documents (all in English) to the Management Board of the Development Fund:

• A motivation letter in which the applicant explains how they meet the established requirements;
• An essay on one of the following topics:  
  • How new technological approaches (e.g, AR, MR, VR, Metaverse) could help FinTechs to provide better investing services for customers?  
  • What has helped you the most to understand the aspects of investing, and what materials/courses do you plan to use in the future to expand your knowledge in this area?
• Curriculum vitae;
• An extract from study results (from the Dean’s Office). First-year students must submit their previous level graduation certificate along with the grades; 
• A recommendation letter from a lecturer, a practical training supervisor, a previous/current employer or the head of a (student) organisation (in which you have been an active contributor).

Read more HERE.

Kuula, mis võimalused avanevad Admiralsi stipendiumile kandideerimisel tudengile?

KANDIDEERI SIIN

IT College scholarship is intended for up to one succesful TalTech IT College bachelor’s or master’s student, who meets the following requirements:

• matriculated at Tallinn University of Technology; (may also be on academic leave at the time of application);
• at least 30 ECTS completed by the day of application;
• active participation in introducing one’s own field of study as well as other specialties of the IT College (and the School of Information Technologies) at public events, school visits, etc. 

The amount of the scholarship is 500 EUROS which shall be paid in one lump sum payment. 

In order to apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• CV;
• Motivation letter (where the applicant explains their compliance with the stated requirements);
• Recommendation letter from a Programme Director, lecturer, internship supervisor, IT College staff member, former/current employer, or the head of a (student) organisation (in which the student has been actively involved). 

Read more HERE.

APPLY HERE

ABB AS continues awarding the ABB Bachelor’s Scholarship, established in 2008, to students of the School of Engineering at Tallinn University of Technology.

ABB bachelor’s study scholarship is intended for one successful student of Tallinn University of Technology in the field of Electrical Power Engineering and Mechatronics, Product Development and Robotics, or Integrated Technologies, who meets the following requirements:

• matriculated at Tallinn University of Technology and not on academic leave at the time of application;
• a weighted average grade of at least 3.5;
• motivation to pursue a career in the chosen field;
• a true enthusiast of their field, aiming to become a top specialist in the area;
• an active attitude towards life and a willingness to contribute to the further development of the field;
• readiness to sign an agreement with ABB AS, stipulating a recommendation to complete an internship at ABB AS and the possibility to write the final thesis on a topic suggested by ABB AS. 

The amount of one scholarship is 2000 euros which shall be paid in one instalment. 

In order to apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• A motivation letter, where the applicant explains their compliance with the stated requirements;
• Curriculum Vitae;
• academic transcript (from the Dean’s Office);
• recommendation from a lecturer, internship supervisor, former/current employer, or the head of a (student) organisation in which the applicant has been actively involved. 

Read more HERE.

APPLY HERE

Nordecon Young Researcher/lecturer Scholarship in the Name of Professor Heinrich Laul is intended for one Tallinn University of Technology lecturer/researcher up to 40 years old who has defended a doctorate in construction sciences, who is willing to participate in cooperation with AS Nordecon in expanding the horizons of students in the construction field, and to search for opportunities in the field of research if suitable for scientific-practical cooperation. 

The amount of one scholarship is 6000 Euros which shall be paid in one instalment. 

In order to apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• A motivation letter in which the applicant explains how they meet the established requirements;
• Curriculum vitae;
• Description of thesis;
• At least two recommendation letters from lecturers/researchers with doctorate degrees. 

Read more HERE.

APPLY HERE

AS Tallinna Vesi is the largest water company in Estonia, providing water and sewerage services to almost a third of the Estonian population. In Tallinna Vesi, we create a better life with clean water every day by applying engineering knowledge and we contribute to the balance of the natural environment.

Tallinna Vesi Doctoral Studies Scholarship is intended for one successful TalTech doctoral studies student studying construction and architecture, specializing in water and environmental engineering at the School of Engineering, who meets the following requirements:

• Matriculated at TalTech and not on academic leave as at the moment of submitting the application;
• Doesn’t have a valid employment relationship (including contractual agreement) with AS Tallinn Vesi and/or Watercom OÜ (except internship);
• An outstanding PhD student, who actively takes part in scientific conferences or seminars and writing scientific publications;
• An active attitude to life and a fan of their area of specialisation;
• Has not been granted a scholarship by AS Tallinn Vesi while studying on the current doctoral specialty;
• Readiness to cooperate with Tallinna Vesi AS in at least one project, during which a task in the specialty is solved. 

The amount of the doctoral study scholarship is 4000 EUROS. The scholarship shall be paid in one lump sum payment. 

In order to apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• A motivation letter or a 1–2 minute video on the topic:
  • Option: “The Impact of Climate Change on Water Resources and My Role in Their Protection”
  • Option: “Water Quality Monitoring and My Role in Its Improvement”
• Curriculum Vitae;
• An extract from study results (from the Dean’s Office);
• A recommendation from a lecturer or a previous employer. 

Read more HERE.

APPLY HERE

The doctoral study scholarship of Mati Jostov is aimed at facilitating the learning motivation of TalTech students and the succession of TalTech academic personnel.

The scholarship is intended for one successful TalTech doctoral student who is studying in an area of specialization related to energetics. 

The amount of the scholarship is 5000 EUROS which shall be paid in one lump sum payment. 

In order to apply for the scholarship, applicants shall have to submit the following to the Management Board of the Development Fund:

• A motivation letter;
• Curriculum Vitae;
• A description of the research;
• An extract from study results (from the Dean’s Office);
• A recommendation from the supervisor of the doctoral student;
• A recommendation from the dean of the school or the director of the institute. 

Read more HERE.

APPLY HERE