Scholarships and Open Competitions
Every year, HUAWEI Technologies Ltd. Banja Luka awards the NOVUM prizes, i.e. scholarships for five excellent and exceptional students of the University in Banja Luka. These awards have been given from the academic year- 2010/2011, and are going to last for eight academic years.
From the academic year of 2013/14, the University for Applied Sciences in the City of Essen ( in Germany), in cooperation with the foundation ,,Welt der Wunder'' ( The World of Wonders) , annually gives 50 scholarshipsto students of first and second course of all the faculties belonging to the University of Banja Luka. The scholarships are given to socioeconomically disadvantaged students.
In 2012, the Fund for co-financing international exchange of students and academic staff of the Government of the Republic of Srpska was formed in the Ministry of Education and Culture of the Republic of Srpska, which is available and can be used by all professors, associates and students of all higher education institutions of the Republic of Srpska.