Austrian Student Aid Foundation

The Austrian Student Aid Foundation (de: Österreichische Studentenförderungsstiftung) is the second largest carrier of student housing (de: Studentenheime (denomination in Austria) respectively Studentenwohnheime ( denomination in Germany)) in Austria.

It is a not-for-profit foundation serving the public good. home4students is the trademark of the foundation, which has 80 employees and administers 16 dormitories in Vienna, Graz, Salzburg, Klagenfurt and Innsbruck for around 2,000 students who live in various arrangements (rooms, flats, and flat-sharing communities).

History
On 6 May 1958 the central committee of the Austrian Students' Association (de: Österreichischen Hochschülerschaft) decided to establish the Austrian Student Aid Foundation.

By official notification on 25 May 1959 the “Stiftungsbrief“ (letter of foundation) was approved by the authorities. On 9 July 1959 the constitutional meeting of the "Kuratorium" (Board of Trustees) of the Austrian Student Aid Foundation was held and thereby officially founded.

Objectives
The objective of the foundation is to "actively support students and higher education all across Austria." The foundations activities aim at students who


 * at the time of their application, are registered with a university or are in their absolutorium,
 * are Austrian citizens (this requirement was abrogated by decision of the "Kuratorium" (Board of Trustees)),
 * have a successful progress at university
 * are indigent.

The objective is to be fulfilled through


 * providing affordable living space for underprivileged students
 * the administration of living space
 * the awarding of scholarships