Tuition fees and scholarships
Tuition in bachelor's and master's degree programmes taught in English is subject to fees for non-EU/EEA citizens from August 2017 onwards. Programmes taught in Finnish or Swedish are free of charge for all students. There is no tuition fee for doctoral education.
Along with the introduction of tuition fees, Aalto University has established a scholarship programme.
For the academic year 2017-2018 the tuition fee is 12 000 EUR per academic year for bachelor programme in International Business (BScBA programme) and 15 000 EUR per academic year for study options leading to a master’s degree.
The individual student’s fee will remain the same throughout the completion of the programme. There will not be an increase in the student’s tuition fee during his/her studies in the degree programme he/she was admitted to.
Who will need to pay fees?
Degree students who are citizens of countries outside the European Union (EU) or European Economic Area (EEA) or Switzerland are generally required to pay tuition fees while studying towards a degree at Aalto University. The fees will concern non-EU/EEA degree students who start their studies in English-taught Bachelor's and Master's degree programmes in August 2017 or later. Tuition fees do not concern doctoral/PhD studies or bachelor's and master's degree studies in Finnish or Swedish.
The fees will not concern those non-EU/EEA students who:
- are equivalent to an EU citizen (i.e. citizens of Switzerland)
- have a continuous or permanent residence permit card in Finland (type A or P permit)
- have an EU residence permit for third-country citizens with long-term residence permit card in Finland (type P-EU permit)
- have an EU family member's residence card in Finland
- have an EU blue card in Finland
To prove his/her citizenship or residency status, the student is required to provide the university with a copy of a valid passport or national ID card where the citizenship is indicated, and a copy of a valid residence permit in Finland. In order to be exempt from tuition fees, the residence permit has to be valid at the start of the academic year (i.e. 1 August).
More information about determining one’s liability to pay and exemptions from tuition fees can be found on Studyinfo (studyinfo.fi). Information about the residence permit types is available on the Finnish Immigration Service website (migri.fi).
It is important to note that when a student is liable to pay tuition fees at Aalto University, he/she must either attach documentation of the paid fee or of sufficient means for paying the fee to his/her residence permit application. In addition, proof of sufficient means of support has to be provided. More information is available on the Finnish Immigration Service website (migri.fi/means of support).
What does the tuition fee cover?
The tuition fee covers educational expenses such as courses, academic supervision, exams, counselling and university support services such as student services, use of library services and use of IT services, in accordance with university regulations and policy concerning degree studies.
The tuition fee does not cover personal study related costs such as study materials (books, computer, printers and such), any other costs that may be charged according to the university rules (e.g. casing of thesis) or national legislation, nor the compulsory membership fee of the Student Union.
It is not possible to enroll as an attending student if the tuition fee has not been paid by the student and received by the university.
Tuition fee payment
The tuition fee is paid per academic year in one installment. For a newly admitted Master's degree student the invoice is sent after the student has accepted his/her study place. The first batch of invoices is sent on the first week of May (week 18) for those students who have accepted their study place by the end of April, and the second batch in early June (week 23) for those who accept their study place in May.
For newly admitted Bachelor’s degree students the invoice is sent after the student has been accepted to his/her study place. The first batch of invoices is sent first week of July (week 27).
The invoice is sent by email and payment is due 30 days after the invoice date. Payment is done through bank transfer, in euros. Paying for fees associated with the transfer is student’s responsibility. Detailed instructions for the payment such as the bank details, invoice number etc. will be in the invoice. It is important to follow the instructions carefully.
Enrolling as attending is not possible unless the fee has been paid and the amount has been received by the university.
For each following academic year of study, a tuition fee invoice is sent before the start of the enrolment period for that year. The due date for payment (30 days from the invoice date) will be stated on the invoice.
If you are granted an Aalto University scholarship, the amount awarded will be deducted from your invoice accordingly. This means that if you are awarded a Category B scholarship (50 %), your invoice will concern half of the tuition fee due for that academic year. If you are awarded a Category A scholarship (100 %) no invoice will be sent.
Tuition fee refunds
A student has a right to a full refund (excluding possible bank-specific payment charges) of tuition fee paid to Aalto University:
- if he/she has been conditionally admitted but does not graduate on time and his/her study place is cancelled,
- if he/she is not granted a residence permit in Finland,
- if his/her residence permit status changes before the end of the enrolment period to the university and he/she is no longer liable to pay fees - the new Finnish residence permit card must be provided as evidence before the end of the enrolment period (2017: 15 September) for university’s decision making, or
- if Aalto University is unable to offer the degree programme the student has been admitted to.
A student may have a right to a partial refund (excluding possible bank-specific payment charges) of the tuition fee paid to the university if his/her residence permit status changes during the studies and he/she is no longer liable to pay fees. A residence permit card in Finland must be provided as evidence for university’s decision making. When a change in fee status is made during an ongoing term (semester), reimbursement of the tuition fee for that term is, as a rule, not possible but the fee will be reimbursed for the upcoming term.
A request for a refund is made by submitting the completed form to the Aalto University student services. Supporting documentation must be attached as evidence.
The Aalto University Scholarship Programme seeks to recognize talented non-EU/EEA students across the world by awarding academic excellence. Students who apply for degree studies at Aalto and who have tuition fee liabilities are eligible to apply for an Aalto University Scholarship. The scholarship recipients will have their tuition waived fully or in part for the normative study time provided that they progress well in their studies. The university also offers incentive-based scholarships.
Aalto University scholarship
Aalto University scholarships are in the form of a waiver from the tuition fee. The scholarships are merit-based and are granted on a competitive basis. The number of scholarships per degree programme is limited and depends on the overall number of selected non-EU/EEA students per degree programme.
Scope of scholarship
Scholarships cover either 100 % (Category A scholarship) or 50 % (Category B scholarship) of the tuition fee.
At the moment, Aalto University does not offer any scholarships to cover living costs in Finland. Students are expected to cover all living expenses and other study related costs from their own financial resources. More information about the living costs is available on the For future student (studies.aalto.fi) webpage.
How to apply for a scholarship?
Non-EU/EEA citizens apply for the scholarship at the same time they apply for their preferred study options with the same application form during the application period. Only students who are liable to pay tuition at Aalto University are eligible to apply for Aalto University scholarships (tuition fee waivers). It is not possible to apply for the scholarship after the application period has ended and there are no reserve lists for scholarships. Note: Scholarships are not available in the 2017 CCIS-programme second application round.
The scholarship decisions are made on the basis of academic evaluation of the applicants selected to the study programmes. The scholarship decisions are prepared in the degree programmes in connection with student admissions. The scholarship decision is given at the same time with the admission decision. No appeal may be lodged against a university decision pertaining to a scholarship.
The scholarship terms are accepted by the student by signing the Aalto University Scholarship Terms document and by retuning the signed document to the university by the given deadline.
Duration of scholarship
Scholarships are granted for the normative duration of study of the degree programme. Normative duration of studies is three years full-time study for bachelor’s degree and two years full-time study for master’s degree. Scholarship requires full-time study and goal-oriented progress in studies. Continuation of the scholarship after the first year requires progress in studies. The scholarship will be continued provided that the student has progressed in studies according to his or her approved personal study plan (henkilökohtainen opintosuunnitelma, HOPS) during the first academic year and provided that his or her goal oriented study plan for the following year is approved by the University.
Aalto incentive-based scholarships
Incentive-based scholarships are awards for progressing in studies. The scholarships are awarded to students who during the academic year complete 60 ECTS credits of the studies in their personal study plan (HOPS) and who pay tuition fees in full or in part. Aalto students who receive Category A (100%) scholarships are ineligible to receive the incentive scholarship. The amount of the incentive scholarship is 1500 EUR. The scholarship may be received more than once. Studies completed by the end of August will be counted towards the annual total for the academic year in question. If a student completes more than 60 ECTS credits in an academic year, the ECTS credits above 60 will count towards the credit accumulation of the following year. The scholarship is paid in one instalment in the following autumn term (or upon graduation, when applicable).
Scholarship for one semester following the normative study period
In order to bring their studies to a conclusion, students who are liable for paying tuition fees may be awarded a scholarship for one additional term beyond the normative time period (i.e. one term beyond the three years for a Bachelor’s, or two years for a Master’s). This is on the condition that they have made planned progress in their previous studies and that they have a goal-oriented and feasible personal study plan to complete the remainder. The scholarship is 100% (i.e. the tuition waiver covers 100% of the fee). The scholarship requires submission of the thesis by the agreed deadline, completion and registration of degree studies during the applicable term, and graduation of the student by the end of the term.
Aalto University scholarships in international joint programmes
International joint programmes that have their own tuition fee and (externally funded) scholarship systems follow the system’s regulations. In programmes where a student is liable to pay a tuition fee directly to Aalto University, he or she is eligible to apply for Aalto University Scholarship Programme scholarships. Eligibility refers to the terms during which the student is studying at Aalto University and is liable to pay tuition fee to Aalto University. More information is available on the programmes’ web pages.
Scholarships of Aalto BScBA programme graduates continuing in the Master's programmes
Students who have received a scholarship for the Aalto Bachelor’s programme in International Business (BScBA programme) degree will also receive a corresponding amount of scholarship funds for Master’s degree studies at Aalto University School of Business if they have been sufficiently successful in studies and completed their Bachelor’s degree within the normative time frame. The standard that must be met to demonstrate a sufficient level of success in Bachelor’s studies is a pre-defined grade point average.
Additionally, BScBA programme students who have paid their tuition fees and have completed their Bachelor’s studies with honours within the normative time frame may be granted a scholarship for master’s studies at Aalto University School of Business as follows:
- Students who had no Bachelor’s degree scholarship may receive a Category B scholarship (50%) for Master’s studies if they completed their Bachelor’s studies with sufficient success within the normative time frame. A grade point average is set in advance as the benchmark the student must reach in order to demonstrate sufficient success (as stated above).
- Students who did not have a Category A scholarship (100%) for their Bachelor’s studies and want to apply for a Category A scholarship for their Master’s studies at Aalto University School of Business, must submit the appendices for Master’s level academic assessment through the separate application procedure. These are the same appendices as are required of outside applicants seeking scholarships.
More information on this will be provided to the students during their studies in the Bachelor’s programme.
Aalto University reserves all rights to make changes to the scholarship programme.