Funding body

The funding body of the university is a non-profit public limited company. Shareholders include the employers’ association NORDMETALL together with 43 companies, predominantly from northern Germany. This direct organizational form of funding is also fully financed by equity capital. 

The funding body operates exclusively on a non-profit basis and is exempt from corporation tax and other business taxes. Donations for the university are tax deductable.

The university finances itself exclusively by means of tuition fees and donations and is independent of government subsidies.

Committees of the funding body include The General Meeting of the Shareholders, The Supervisory Board and The Managing Board.