The Andras Felkai Academic Award is a scholarship intended to support young Hungarian economics students to obtain a university degree or further studies. The scholarship is available for both undergraduate studies and graduate studies in Hungary and abroad. Eligible expenses which may be covered include tuition fees, exams, textbooks, teaching aids and the related costs of travel and accommodation, etc. The Andras Felkai Academic Award Fund is a non-profit organization and its financial support enjoys tax incentives.