Cyprus 2016/17 - student fees and grants

Country: Cyprus
Date of publication: 2017
Fees - first cycle (euro): -
Fees - second cycle (euro): min 4100 - max 10250
Fees - note: 1st cycle EU students do not pay fees
Grants - note: 2 % merit-based grant, 10 % need-based grant
Need-based grant (euro): max 3692
Merit-based grant (euro): min 3000 - max 4000

National student fee

Higher education institutions can define their own fees within limits set by the Ministry of Education and Culture.

First cycle: fees EUR 1 709 per semester (EUR 3 417 per year) for Cypriot students and for students admitted from EU countries. These fees are paid fully by the State.

Second cycle: all students pay fees which range from EUR 4 100 to 10 250 per year.

There is no short cycle education programme in public higher education.

International students pay fees. Fees for students admitted from non-EU countries EUR 3 417 per semester (EUR 6 834 per year).

Student grants

A 'student grant' can be awarded to short cycle and 1st and 2nd cycle students to support their studies in Cyprus or abroad. To be eligible students must have resided in Cyprus for at least five years before enrolment. The amount of the grant is based on family income. The annual amount ranges from EUR 1 450 to EUR 3 420.

The 'student allowance' is a targeted need-based grant to cover living, books, rental, and computer expenses of 1st cycle students based on their socioeconomic status. The amount is EUR 3 692 per year. A new Student Welfare Service is established to manage the student grant and the student allowances.

The State Scholarship Foundation awards scholarships based on students' academic performance and socio- economic status. Students studying in 1st cycle programmes may receive up to EUR 3 000 per year, in 2nd cycle programmes EUR 4 000 per year, and EUR 4 000 in a PhD programme (3rd cycle).

Loans

Study loans are available only for owners of property in the northern part of Cyprus. This is a state loan for 1st, 2nd and 3rd cycle students who study in Cyprus or abroad. The annual amount ranges from EUR 1 700 to 8 000 and should cover living expenses and tuition fees. Repayment in general starts one year after graduation and should be completed within 20 years. The interest rate of the loan is 1.75 %. Around 1.5 % of students take out the loan.

Tax benefit for student's parents

There are no tax benefits for parents or family allowances.

Family allowances

There are no tax benefits for parents or family allowances.



Source: Eurydice, National Student Fee and Support Systems 2013/2014, 2015/2016, 2016/2017
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