Announcement

Candidates must meet the following requirements:

1. Be Cypriot citizens or persons of Cypriot descent, or citizens of a European Union Member State, or holders of a valid residence permit in Cyprus for the entire duration of their postgraduate studies.

2. Be under 30 years of age (born after 31/12/1995). Candidates with proven professional experience in fields related to the intended subjects of study may apply for a scholarship provided that they are not older than 32 years of age (born after 31/12/1993).

3. Be graduates of universities in Cyprus or holders of equivalent degrees from recognised educational institutions abroad.

4. Hold a degree from a Higher Education Institution in Cyprus with a minimum grade of 8/10 or hold a degree from a foreign university with a grade equivalent to "Excellent’’.

5. Those who do not have the above grades may also apply provided that their degree grade corresponds to the highest percentage (10%) of the year of graduation of the relevant school.

6. They must have a written offer from the university for the postgraduate programme they wish to attend or already be enrolled. Applications may also be submitted by those who are already attending have completed the first year of a two-year postgraduate programme and have excelled in the first year course examinations to date.

7. Male candidates must have fulfilled their military obligations or have been legally exempted or granted deferment for a sufficient period for completion of their studies, or be currently enlisted with a term of service ending by August 2026.

8. Applications from employees of the Group and its subsidiaries, as well as their first-degree relatives, will not be accepted.

9. Scholarships are granted only for full-time studies. Applications for part-time or distance learning studies will not be accepted.

10. The start date of the scholarship is determined by the official start date of the respective study programme. Scholarships are not retroactive.

11. The deadline for submitting applications is 18 May 2026. No extension shall be granted. Applications must be submitted online at https://scholarships.helleniqenergy.gr/cyprus/.

Candidates must submit their application and the following supporting documents electronically only at the link https://scholarships.helleniqenergy.gr/cyprus/.

1. A recent passport-style photograph of the candidate (face)

2. Copy of valid identification document (identity card or passport)

3. Copy of degree/diploma with final grade and transcript of all years or transcript with average grade up to the date of application, which must be at least 8/10. In addition, graduates of foreign universities are required to send, an extract from the study regulations, which states the grading scale of the university from which they graduated.

For those who do not meet the grade criteria mentioned in the GENERAL REQUIREMENTS, a certificate from the school's secretariat is required, stating that their degree grade corresponds to the highest percentage of grades (10%) for the year of graduation from the relevant school.

For those applying for a scholarship for the 2nd year of their postgraduate studies a detailed transcript of all exams taken during the 1st year of their studies must be submitted.

4. Certificate of enrolment or official letter of acceptance to the postgraduate programme, or a copy of correspondence between the scholarship candidate and the university proving that their application has been completed.

5. Official document (e.g. excerpt from the study regulations) stating the programme duration (start and, if possible, end date) and tuition fees for the intended studies.

6. Letters of recommendation from professors at the university where the candidate completed their studies. The letters must be signed. Certificate of previous employment of the candidate, provided that previous work experience is a prerequisite for admission to the university where the candidate intends to study, or the candidate is over 30 years of age and their previous work experience is relevant to the postgraduate programme for which they are applying for a scholarship.

7. Detailed and up-to-date curriculum vitae in English. Scholarships, awards and knowledge of foreign languages mentioned in the curriculum vitae must be proven by official documents.

8. Income Tax Certificate. An income certificate issued by the Cyprus Tax Department in respect of the parents and the candidate for the relevant tax year (2025, or 2024 if the 2025 certificate has not yet been issued), for the purposes of supporting an application for studies at a university. For the avoidance of doubt, in cases where the candidate is not required to submit an income tax return or is otherwise unable to obtain or submit the above certificate, a duly sworn declaration, certified before a competent authority, shall be submitted in lieu of such certificate.

9. For male candidates, a certificate of military status. If the above certificate has not yet been issued at the start of the scholarship, the previous document must be submitted, with the obligation to submit the new document within three months at the latest.

10. F1/J1 visa for the United States, or any other equivalent document of legal residence and enrollment for applicants who are already studying or intend to pursue their studies abroad.

11. Certificate of family status. Additionally, you may optionally provide information regarding your personal circumstances (e.g. unemployment, disability, member of a large family, etc.) and submit the relevant supporting documents.

• Candidates must submit their application on the online platform at https://scholarships.helleniqenergy.gr/cyprus/ by 18 May 2026

Additional documents may be sent online to scholarships.cyprus@helpe.gr, with the subject line indicating the corresponding reference number, which candidates will receive online immediately after submitting their application.

Candidates may apply to only one of the four sectors (Engineering and Energy, Economics and Management, Digital Transformation, Environmental Sciences).

Only applications that meet all requirements of this Call for Applications will be included in the evaluation process.

• The Evaluation Committee, composed of senior executives of the Group, invites—at its discretion and based on the criteria set out in the call for applications—selected candidates for an interview, identifies the most qualified applicants, and submits the final list of proposed scholarship recipients to Management.
• The Group’s Management, at its sole discretion, approves the proposed scholarship recipients and determines the number of scholarships to be awarded per field of study. These decisions are final and not subject to appeal or any form of objection. The results of the evaluation will be announced in August 2026.
• The results will be posted online at https://scholarships.helleniqenergy.gr/cyprus/
• Each candidate will be informed of the results of their application by email.

The scholarship is finalised and awarded after the scholarship agreement has been signed.

After the scholarship results are announced, the scholarship recipient does not have the right to change the study programme they have submitted, except for reasons of force majeure, which will be assessed by the Evaluation Committee and the Group's Management at their sole discretion.

The start date of the scholarship is defined as the official start date of the study programme.

The total duration of the scholarship cannot exceed the minimum duration of studies specified in the study programme of the university to which the candidate has been admitted. The maximum duration of the scholarship is two years, with no possibility of extension.

The scholarship may be suspended at the request of the scholarship holder for a period of less than 9 months, provided there are serious reasons for doing so.

The Management of HELLENiQ ENERGY shall decide, at its discretion, to revoke or permanently terminate the scholarship in the event of non-completion or interruption of the scholarship holder's studies, or if the Group's Management considers that there are serious reasons for doing so (course of study, scholarship holder's conduct, etc.).

The scholarship consist of tuition fee coverage and, in specific cases, additional support for living expenses, in accordance with the following terms:

1. Studies in Cyprus:

1.1 Tuition fees are covered up to the amount of €5,000.

1.2 For postgraduate programs with tuition fees up to €5,000, additional financial support may be granted to partially cover living expenses, amounting to €200 per month, provided that the following conditions are cumulatively met:

• Fulfilment of the minimum income criteria, as defined in the latest Household Income and Living Conditions Survey conducted by CYSTAT¹.
• The university of study is located more than 60 kilometers away from the applicant’s permanent residence.

2. Studies abroad:

2.1 Tuition fees are covered up to the amount of €10,000.

2.2 For postgraduate programs with tuition fees up to €2,000, additional financial support may be granted to partially cover living expenses, amounting to €500 per month.

• The duration of studies should not be less than nine months. The duration of the scholarship is calculated on the basis of the minimum duration specified in the study regulations for the specific year and programme.

¹The 2024 survey is available here. In the event that updated data for 2025 are published, they will be taken into consideration during the evaluation of applications.

Scholarship recipients undertake the following obligations:

• Send their detailed grades immediately after the results for each semester are published (official school document).
• Submit a progress report for each semester of study.
• Submit, upon completion of the postgraduate programme, a copy of their postgraduate degree, a summary report on their scientific activity and their programme for the coming years.
• Mention their status as EKO CYPRUS LIMITED scholarship holders in their CV, in any scientific announcement or paper produced during their scholarship, as well as in their thesis.
• Upon completion of their studies and within a reasonable period of time, submit a copy of the cover page of their dissertation/thesis and the internal pages that refer to the EKO CYPRUS LIMITED scholarship.
• Agree, upon completion of their studies, to be employed by the Group, if requested and provided that there is no practical obstacle on their part (personal or professional), which they must document.
• Register with the HELLENiQ ENERGY Alumni Community, a network of the Program’s scholars that aims to maintain connection between scholarship recipients and the Group, strengthen networking and knowledge exchange, and create opportunities for professional and personal development.
• Provide written updates on their academic or professional progress on an annual basis for three years after the end of the scholarship.