Pursuing an MBA is a lifetime investment in yourself and in your future. It is therefore important to make a well-considered decision and crucial to plan your finances carefully. The finance department of the University of St.Gallen MBA is happy to assist you in planning your finances. The following information is designed to give you an overview on fees, discounts and financial aid. More detailed information will be available if you receive an offer.

Fees

• An additional application fee of CHF 100 is payable during the online application process
• To secure your seat once you have accepted an offer, you must pay an enrolment fee of CHF 6,500, which is deducted from the total fee
• Both fees are non-refundable

Payment Schedule

Early Enrolment Tuition Fee Reduction

The early enrolment tuition fee reduction of CHF 7,500 is available to students entering the 2023 intake who enrol and pay the enrolment fee before 31 December 2022. Therefore, only applicants applying in Round 1 are eligible. Please note applicants who have deferred from the previous year are not eligible.

Living expenses

The yearly accommodation costs for a single person in Switzerland are approximately CHF 9,000.00. The living expenses amount to approximately CHF 13,000.00 per year. You are recommended to allow an additional 20-30% budget for a partner and an additional 50% upwards for a family, depending on the number and age of children or other dependents. Evidence of funds will be required when applying for a dependent's visa for your partner and/or family. The above information is an estimate and varies depending on your family situation, lifestyle choices and financial means.

Scholarships

Scholarships are limited in number. They are typically awarded in amounts between CHF 5,000 - CHF 30,000. Thus, it is expected that applicants are still able to cover the bulk of the tuition from other funding sources. When you start an application to our MBA, you will also see the option to submit a 500-word essay. The essay question will be detailed within the application. Please feel free to ask our Talent Acquisition Team for more information. When awarding scholarships, we assess your scholarship essay, demonstrated financial need and the overall quality of your MBA application.

Loan Program

It is important to plan your finances prior to enrolling in our MBA program. Should you realize prior to accepting an offer and paying the enrolment fee that you are short of the full necessary funds to support your period of study, we encourage you to have a consultation with our Finance Team the University of St.Gallen MBA Loan Program. We know the personal financial situation for each of our applicants is unique. Therefore, we designed a loan program that considers your individual situation with our MBA in mind. It is important to know that once the enrolment fee is paid, the MBA Finance department will assume that your MBA-related finances are settled, and that you do not need any further financial aid. Therefore, please contact us about a loan early in your enrolment decision-making process.

Important Information About Loan Eligibility and Amount

Please note that loans must be formally applied for. To do so, you must submit details of your personal financial situation in order to have your loan application assessed. The provision of a loan is not guaranteed. Loans are not available for the entire tuition fee, nor the enrolment fee. Our loan program is meant to help candidates bridge short financial gaps in their funding, which should primarily come from personal savings and in some cases other sources, such as scholarships, bank loans, or third party fundraising platforms.

Additional Loan Information

Fixed Interest Rate
Our interest rate is fixed at 5.5% for all loan applicants, reflecting the low cost of capital in Switzerland

No Processing Fee for Loan Applications
Submitting a loan application is free

No Minimum Loan Required
Our loans have no minimum amount

Grace Period After Graduation
Your loan repayment schedule will not begin until 6 months after your graduation date

Repayment Period
Our repayment periods can be up to 3 years