Scholarships

The number of scholarships is limited and mainly merit based. If a scholarship covers only the tuition fees, be aware that you need to finance your own living expenses (rent, food and insurances) for the duration of your studies. Please note that applying for a scholarship does not negatively impact your eligibility for admission.

Rotterdam School of Management, Erasmus University (RSM) offers multiple scholarships to prospective students from non-EEA countries who are not entitled to pay the EEA tuition fee, provided their grades are considered ‘excellent’. RSM also offers one scholarship, the Erasmus Trustfonds Scholarship, to students from EEA countries. 

Besides scholarships awarded by RSM, there are also scholarships awarded by the Dutch government or other organisations that are available if you meet certain criteria such as nationality, age, etc We have listed one of them below but we encourage you to use resources such as Grantfinder or the Scholarship Portal to find additional scholarships.

Scholarship tips

  • Contact the Ministry for Higher Education in your home country to see whether there are scholarship options.
  • We have virtual information session covering all you need to know about scholarships and financial aid. Register here.

For students from the Netherlands or the EU/EEA, it may be possible to apply for limited funding towards payment of your tuition fees. Find out whether you meet the nationality and age requirements and read more information about the application process here.

Tuition fees

The 2023-2024 tuition fee for the BSc in International Business Administration programme is approximately € 11,100. 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 € 2.314 per year for 2023/2024.

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.

Additional expenses

The additional expenses in addition to tuition and general living costs vary per programme and may include:

  • Study materials such as books, readers and business cases
  • Costs involved in kick-off meetings
  • Costs related to travel, international excursions and compulsory exchange semesters or internships abroad

Living Costs

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 at least €1,000,- per month or € 12,000 per year* (excluding the tuition fee). Further information about the costs of living in the Netherlands and related subjects can be found on this website. Here is an example of monthly expenditures:

Furnished accommodation, including gas, electricity, internet  €   500 - 900
Medical insurance €   55
Cell phone €   25
Food €   300
Books, recreation, clothing €   300
Total €  average 1300 - 1500
Other potential expenses  
Buying or renting a bike € 100 - 250
In a private residence (not student housing) yearly municiple and water taxes € 100 - 300

*Please note, if you need a visa, that these suggestions do not reflect what is the official monthly minimum requirement of the Dutch immigration services proof of living expenses is. For more information, please visit our immigration page.