Tuition and Financial Aid

Tuition Fee

The tuition fee at the Kyiv School of Economics is €3,000 per student per year.

The actual amount paid by a student may be smaller if he/ she receives additional scholarship/s, financial aid, or award.

KSE Financial Aid

For Ukrainian Students:

For the first year of studies (2012-13 academic year), KSE provides:

• 5 full scholarships covering the full first-year tuition fee of the top 5 students based on the admissions ranking

All students who receive full scholarships for the first year of studies should maintain B on average on their cumulative GPA after miniterm 2 of the first academic year.

• 10 partial scholarships covering half of the first-year tuition fee (€1,500) of the students ranked from 6 to 15 on the admissions ranking.

All students who receive partial scholarships for the first year of studies should comply with existing performance requirements.

For the second year of studies (2013-14 academic year), KSE provides:

• 5 full Teaching and Research Assistantships covering the full second-year tuition fee

Students who receive Teaching and Research Assistantships should perform the duties of a Teaching Assistant (TA) or Research Assistant (RA) during their second year of studies. To be eligible for either Teaching or Research Assistantship, a     student should maintain required GPA and work as an assistant at the School.

• 10 partial scholarships covering the half of the second-year tuition fee (€1,500) of 10 second-year students based on their ranking at the end of the first year of studies.

• For the MA in Financial Economics: 3 partial scholarships

• For the MA in Economic Analysis: 7 partial scholarships

All students who receive partial scholarships for the second year of studies should comply with the existing performance requirements.

Need-Based Deferral of Payments and Housing Support

Deferral of tuition payments is a special kind of financial support that allows students to postpone payment of the KSE tuition.

Housing support comes in the form of a $100 monthly stipend (paid each month a student studies at the KSE) which has to be paid back by the student according to the same rules that apply to deferred tuition. These payments are paid by the School to the students’ bank USD account at the beginning of each month. If no appropriate bank account details are provided, the student loses his/her housing support until such information is provided.

Students who want to be considered for the deferred tuition and housing support shall fill out and submit to the KSE Academic Affairs Department/ Admissions Office the Payment Deferral and Housing Support Request within 3 days after the admission results have been announced.

This Request Form shall be accompanied by:

1. a letter of request explaining the applicant’s need for the deferral and/or housing support
2. information regarding the applicant’s family’s composition and financial situation (family members’ official earnings, assets, and so on)
   

An applicant shall present his/her application orally before the KSE Deferral and Housing Support Committee, consisting of not less than three KSE staff or faculty members. The committee makes decisions regarding deferral of payments and/or housing support by a majority vote.

The School is under no obligation to give any student deferral of tuition or housing support.

Repayment of deferred payments and/or housing support shall start not later than 6 months after graduation. Students that are on an academic leave that lasts more than one year shall start paying back their debt to the KSE not later than one year after the beginning of the academic leave. Deferred tuition and housing support should be paid back within a period that is no longer than 6 months plus the time the student received deferral at the School.

In case a student is given deferred tuition and/or housing support, a separate contract outlining the terms and conditions of deferred payments is signed between the student and the School. The Administrative Department manages such contracts and follows up the cases of non-timely payment.

If during the academic year the financial situation of a student changes for the worse, the student can apply for deferred tuition and/or housing support. If the School is convinced that the financial situation of a student changed for the better, the School can revoke the deferred housing support or the deferral of tuition.

Students cannot get the deferral of tuition or housing support twice for the same period of studies. If a student repeats a miniterm which he/she took before, no deferral or housing support is made available.

Students who violate the School’s policies lose their deferral of tuition and/or housing support automatically.

For other forms of financial aid for students (scholarships, wards, etc.) please visit a “Grants” of the KSE web site.

KSE Donors’ Contribution

The real cost of providing education at the KSE is €10,000 a year, but Ukrainian students automatically receive a scholarship in the amount of €7,000 which is funded by the KSE donors.