Notice to prospective students about tuition increase from 2017 Fall
AIT-Budapest will gradually increase its tuition in the schedule below to maintain and continuously improve the quality of education and auxiliary services offered to its students and partners. Tuition, unchanged since AIT’s first regular semester began in 2011, will remain at the current level for the 2016 fall and 2017 spring semesters, and will start to increase from 2017 fall as follows (in US Currency):
2016 fall / 2017 spring - $13,000 (unchanged)
2017 fall / 2018 spring - $14,000
2018 fall / 2019 spring - $15,000
2019 fall / 2020 spring - $16,000
Tuition covers participation in AIT courses with individual mentoring by the faculty, and personal attention by the AIT staff (such as airport pick-up, orientation, housing assistance, etc). Students are expected to select academic courses with an average load of 16-20 contact hours a week. While there is no charge for taking heavier loads, loads exceeding 26 contact hours a week are subject to approval.
For the Summer Term, tuition is $3,500 per semester (US Currency) or $3,000 per semester for students who also attend the regular Spring semester beforehand. Summer tuition covers participation in two AIT courses for a total of 6 credits, with individual mentoring by the faculty, and personal attention by the AIT staff (such as airport pick-up, orientation, housing assistance, etc).
Estimated Direct Sudent Costs
Currency exchange note: estimations below were calculated at the most usual 270 rate (1 USD / HUF) this figures may change as the HUF/USD exchange rate is subject to great volatility.
Below you can see the Estimated Direct Student Costs in US currency for 5, 14 and 16 weeks of stay in Budapest:
|Summer School (5 weeks)||Fall or Spring semester (14 weeks)||Fall or Spring semester + Optional language course (16 weeks)|
|Optional language course tuition||NA||NA||$350|
|Rent (in apartments arranged by AIT), - shared apartment, own bedroom||$450 - $580||$1,280 - $1,640||$1,440 - $1,850|
|Utilities (including internet)||$93 - $150||$320 - $560||$360 - $630|
|Phone and plan||$25 - $70||$100 - $200||$120 - $250|
|Books||NA||$20 - $150||$20 - $150|
|Meals (eating out liberally)||$520 - $860||$1,450 - $2,400||$1,660 - $2,750|
|Public transportation (monthly student pass)||$28||$56||$70|
|Mandatory health insurance + Mandatory insurance for travel in Europe (payable once)||$95||$170||$170|
|Immigration fee (payable once)||$70 (if required)||$70 (for EU Citizens $4)||$70 (for EU Citizens $4)|
|Entertainment and others||$180 - $350||$500 - $1,000||$570 - $1,150|
|Total direct students cost for the given period:||$1,390 - $2,200||$4,000 - $6,650||$4,800 - $7,500|
Please note that travel costs to Budapest and back to the US are not included in these estimated costs.
In order to confirm your position in the AIT Budapest program, you may be asked to make a $200 (US Currency) deposit to be received within two weeks after the admission decision. This fee is deductible from tuition, but is non-refundable. Many schools have different payment procedures, therefore AIT will contact you after acceptance with your specific confirmation details and deposit requirements.
How to pay
Instructions will be provided to you via email confirmation after acceptance. Payments should be made by CHECK (or money order) to AIT North America, Inc. and mailed to AIT NACD, PO Box 1244, Claremont, CA 91711. Your $200 deposit should be received within two weeks after acceptance and the remainder of tuition should be received at least 30 days prior to the first day of the AIT semester.
Other costs (such as housing, health insurance, residence permit fee, etc.) are to be paid in cash after arrival.