Here are the potential benefits of the SpaceTech Masters Scholarship:

# Financial Benefits

1. _Generous grant_: Receive a grant of €39,000 to support your studies.
2. _Financial stability_: Focus on your studies without financial burdens.

# Academic Benefits

1. _Top-tier education_: Study at the renowned Graz University of Technology.
2. _Specialized knowledge_: Acquire advanced technical and managerial skills in space technology.
3. _Interdisciplinary learning_: Engage with a curriculum that combines technical, business, and policy aspects of space technology.

# Career Benefits

1. _Enhanced employability_: Boost your career prospects with a master's degree from a prestigious university.
2. _Networking opportunities_: Connect with professionals and academics in the space industry.
3. _Leadership development_: Develop the skills and expertise to take on leadership roles in the space sector.

# Personal Benefits

1. _Cultural immersion_: Experience Austrian culture and way of life.
2. _Personal growth_: Develop your independence, self-reliance, and adaptability.
3. _Community engagement_: Join a community of like-minded individuals passionate about space technology.

Here are the potential eligibility criteria for the SpaceTech Masters Scholarship:

# General Eligibility

1. _Age_: Be at least 18 years old.
2. _Language proficiency_: Demonstrate English language proficiency (minimum IELTS 6.5 or TOEFL 80).
3. _International student status_: Be an international student (non-EU citizen).

# Academic Eligibility

1. _Bachelor's degree_: Hold a bachelor's degree in a relevant field (e.g., engineering, physics, computer science).
2. _Academic merit_: Demonstrate academic excellence (minimum GPA 3.0 or equivalent).
3. _Relevant work experience_: Have relevant work experience in the space industry (optional).

# Additional Eligibility Criteria

1. _Financial need_: Demonstrate financial need and provide proof of income.
2. _Motivation letter_: Submit a motivation letter outlining your career goals and reasons for pursuing the SpaceTech master's program.
3. _Letters of recommendation_: Provide two letters of recommendation from academic or professional referees.

# Exclusion Criteria

1. _Current students_: Current students of Graz University of Technology are not eligible.
2. _Duplicate applications_: Multiple applications will not be considered.
3. _Incomplete applications_: Incomplete applications will not be reviewed.

Here's a step-by-step application procedure for the SpaceTech Masters Scholarship:

# Online Application
1. *Visit the TU Graz website*: Go to the Graz University of Technology website and navigate to the SpaceTech master's program page.
2. *Create an account*: Create an account on the online application portal.
3. *Fill out the application form*: Complete the online application form, including personal, academic, and professional information.
4. *Upload required documents*: Upload the required documents, including your passport, academic transcripts, language proficiency test results, motivation letter, and letters of recommendation.

# Required Documents
1. *Passport copy*: A scanned copy of your valid passport.
2. *Academic transcripts*: Scanned copies of your academic transcripts and certificates.
3. *Language proficiency test results*: Results from IELTS, TOEFL, or other English language proficiency tests.
4. *Motivation letter*: A letter outlining your career goals and reasons for pursuing the SpaceTech master's program.
5. *Letters of recommendation*: Two letters of recommendation from academic or professional referees.

# Application Review and Selection
1. *Application review*: The scholarship committee reviews applications.
2. *Shortlisting*: Shortlisted candidates are notified and invited for an interview (if necessary).
3. *Final selection*: Final selection is made, and candidates are notified.

# Scholarship Award and Enrollment
1. *Scholarship award letter*: If selected, receive a scholarship award letter outlining terms and conditions.
2. *Acceptance*: Review and accept the scholarship offer within the specified timeframe.
3. *Enrollment procedures*: Complete enrollment procedures and register for the SpaceTech master's program.