Parliament passes tuition fee bill

Initiatives

Parliament approved late on Monday amendments that will introduce a tuition fee for college and university students from 2007.

The changes set the recommended annual tuition fee for college students at Ft 105,000 and the tuition fee for university students at Ft 150,000. Institutions will be allowed to set their own fees within a range of +/-50% of the guideline. Institutions may exempt the best-performing 15% of students from the fee.
There are currently more than 400,000 college and university students studying at schools in Hungary, of which about half are already paying annual fees of between Ft 55,000 and Ft 1.3 million. The state finances Hungary's colleges and universities using a three-tier approach. Schools receive a per-student subsidy averaging Ft 116,550, from which they are expected to pay for the cost of study and scholarships. Schools are also eligible for subsidies based on the number of employees they have (Ft 450,000 per head) as well as another per-student subsidy which is determined by the area of study (with most schools getting Ft 60,000 per student).

ADVERTISEMENT

Bourse Turnover Reaches HUF 181 bln in November Figures

Bourse Turnover Reaches HUF 181 bln in November

India's G20 Presidency, Dawn of New Multilateralism - Narend... World

India's G20 Presidency, Dawn of New Multilateralism - Narend...

Production Resumes at Ganz's Szolnok Plant Manufacturing

Production Resumes at Ganz's Szolnok Plant

TikTok Commits to Improved Consumer Communication in Hungary Social

TikTok Commits to Improved Consumer Communication in Hungary

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.