Austria is one of the richest countries in the world, and as such, is pretty expensive to live in. However, the low tuition fees can often offset the enormous living costs, so with careful budgeting, studying in Austria isn’t as unrealistic as it seems.
The rent for a student here sits at a very rough €500 a month for a one bedroom apartment. A (healthy) weekly shop would cost less than expected for an expensive city, as the market culture is still very much alive in Austria, and so locally grown produce is still available and much cheaper than supermarket prices in general. If a student is careful with their budgeting it is entirely possible to live comfortably in Austria whilst they study.
The costs of actually studying here is what make Austria so attractive for students, particularly if they’re from the EU. EU students often don’t have to pay more than a purely symbolic admin fee to the university student union to study here. The Austrian government are determined to subsidise international students, as they bring with them a helpful boost to the Austrian economy.
This focus on affordable higher education doesn’t stop here, either. Students from the 50 least developed countries in the world are also entitled to a free education here, which is an incredibly impressive and charitable move by the Austrian people and government. Finally, students from outside the European Union who aren’t from the poorest of countries still won’t have to pay much in the way of tuition fees; only €726 per semester (and there’s only two semesters in a year). A low-wage job in Austria can earn a respectable portion of that during term-time, so paying for your tuition fees should not be a deterrent.It is not hard to see why over 59,000 international students flock here every year to study.
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