Earning and Spending
Switzerland boasts its high standard of living. The Swiss people are granted with high-quality products, excellent mode of transport, comfortable accommodation and superior cultural and tourism offerings. Isn’t that amazing?
So, if you got an admission offer letter from any Swiss universities then you should start planning your budget or you may run out of money. It’s better to plan ahead than going out of cash later. Here is a list of expenses that an international student should add in the budget list.
- Tuition fees
In Switzerland, the public universities are funded adequately, thus the tuition fees appear quite affordable.
An average tuition fee for:
- Bachelor’s and Master’s degree – 1,600 EUR per year
- Ph.D. Degrees – 100-200 EUR per year
- Students opting to study medicines – 16,000 EUR per year
Private universities charge a higher tuition fee which ranges from 1,500 EUR to 16,000 EUR per year.
A Ph.D. degree from Switzerland is very much acclaimed for two major reasons. First, the acknowledged research work by the institutes and secondly, the candidates are treated as employees and are paid for their work.
- Living cost in Switzerland
- Accommodation options
- Students halls of residence: 360-800 EUR/month
- Rent/share an apartment : 650-800 EUR/month for one room
- Living alone: 700 EUR/month
- Living with a partner: 750 EUR/month
- Food cost
- Shopping from supermarkets: 180-200 EUR/month which may increase to 280-300 EUR/month
- Inexpensive restaurants : 12-22 EUR/month
- University dining hall: 7-8 EUR/ month
- Transportation costs
Around 11% students in Switzerland prefer to take a walk, 10% ride a bicycle and 10% prefer to use the public transport to commute.
- Monthly pass for the public transportation: 40-50 EUR
Swiss cities like Zurich, Basel, Bern, Geneva, Lausanne and Neuchatel, a single public transport ticket is valid for trains, tramways, buses, and ships.
To travel from one city to another, the Swiss travel pass is an affordable option. A single may cost you 340EUR for 15 days.
- Extra Costs for students
- Monthly Health Insurance: 300-330 EUR/month
- Books and supplies: 90 EUR/month
- Carry a student ID card to reduce the cost of museum tickets to 6-7 EUR.