Tuition & Scholarships
Tuition & Scholarships
The 2017-2018 tuition fee for the BSc in International Business Administration programme is approximately €8,900. The Dutch government contributes towards this cost for students who hold nationality from a country belonging to the European Economic Area (EEA). These students therefore pay only the statutory fee of € 2,006 per year.
NOTE: These tuition fees are subject to change. Prior to the start of the academic year, tuition fees may be modified by the Dutch government. Erasmus University Rotterdam reserves the right to make changes affecting policies, fees, curricula, or any other matter announced in this publication without further notice.
RSM NON-EEA Scholarship of Excellence
Rotterdam School of Management offers a limited number of scholarships for excellent applicants from non-EEA countries. The scholarship reduces the non-EEA tuition fee to the EEA tuition fee, but will only be awarded to applicants who bring excellent results from their previous education. Click here for more information on the RSM non-EEA Scholarship of Excellence.
Entrepreneurial Spirit Scholarship (only for EEA students)
This scholarship is founded by two IBA-alumni of Rotterdam School of Management, Erasmus University and funded by various alumni for students who are in need of financial support. Application for the scholarship is open for prospective students of the IBA programme starting their studies in the academic year 2017-2018. The candidate must be a citizen of a country belonging to the European Economic Area (EEA), entitled to pay the statutory tuition fee. Application before 15 February 2017. For further details, see here.
Grants & Scholarships
Various scholarship programmes which are accessible to many IBA applicants are mentioned on the IBA scholarship pages. Other possibilities for international students can be found at the Grantfinder website of Nuffic.
Study finance & tuition fee loans for EEA students
If your nationality is from one of the countries of the European Economic Area (EEA), then you can request a loan - or in some cases a restitution or a grant - to cover tuition fees from the Dutch government.
Students from EEA countries with a paid job of at least 12 hours a week are eligible for grants from the Dutch government called ‘studiefinanciering’, as are Dutch students. In some cases, students from outside the EEA may be eligible if they or their parents have been economically active in the Netherlands over a prolonged period. For more information about studiefinanciering, please contact the education service, Dienst Uitvoering Onderwijs (DUO) on +31 50 599 7755 or +31 50 599 7755, firstname.lastname@example.org, or visit its website for international visitors (in English): www.duo.nl.
You will need a budget each year to cover your living expenses, your study materials and, if applicable, residence permit and health insurance. This is in addition to paying your tuition fee. How much money you will actually need also depends on your life style. The costs for housing, for example, may differ considerably. Also, if you plan to travel during your stay, you will obviously need more money.
For a reasonable standard of living in the Netherlands, you should have an income of approximately €1,000 per month or € 12,000 per year (excluding the tuition fee). Here is an example of monthly expenditures:
|Furnished Accommodation, including gas and electricity||€ 350 - 600|
|Medical insurance||€ 50 - 75|
|Food||€ 200 - 300|
|Books, recreation, clothing||€ 200 - 350|
|Public Transportation||€ 0 (you can bike everywhere in the city!)|
|Total||€ average 800 - 1200|
Further information about the costs of living in the Netherlands and related subjects can be found on this website.