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Article 19: Prizes awarded to the winners

The grand jury will nominate ten projects, from which the winners will be selected. All nominees along with the representatives of the nominated universities will be invited to attend the Award Ceremony. Schindler will refund the expenses for the journey and accommodation.
During the Award Ceremony, the following prize money will be awarded:

Students' Prizes:
  • € 5,000 for the winner
  • € 3,000 for second place
  • € 2,000 for third place
  • € 1,000 each for fourth and fifth places

Special Mentions:
In addition to the winners, the jury may award special prizes to projects with of particular merit.

Schools' Prizes:
Those schools which have pre-selected one of the ten nominated projects automatically qualify to participate in the schools' competition. They receive the following prizes:
  • € 25,000 for the highest-ranking project
  • € 15,000 - second highest-ranking project
  • € 10,000 - third highest-ranking project
If, among the ten nominated projects, there are fewer than three projects pre-selected by participating schools, the number of schools' prizes will be reduced accordingly.
The prize money for schools will be forwarded directly to the research unit of the participating faculty.

Reminder: only schools or universities which apply with a minimum 12 students for the Schindler Award and fulfill the requirements of article 6 will be eligible for the schools' competition.
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