Financing your Masters study in Denmark

In our #finance blog section, today we will introduce you to yet another member of the Scandinavian family. And indeed, together with the financial matters regarding a unique Masters study in the Kingdom of Denmark. Of course, in the manner of the topic, our main aim will be to highlight important information such as current tuition fees, grant and scholarship opportunities and other funding possibilities. If you would like to explore other aspects of a Masters in Denmark, just follow the link!

Tuition fees in Denmark

To start off, the tuition fee model of the Danish higher education system is pretty straightforward and similar to that of other study destinations. No student arriving from the EU/EEA and Switzerland is required to pay for university education. The same applies for students taking part in exchange programmes, or holders of a permanent or temporary residence permit.

In all other cases, or to put it simply – for internationals - the payment of annual tuition fees is a requirement and can range between DKK 45,000 and DKK 130,000, or roughly in the area from EUR 6,000 up to EUR 17,500. However, the tuition figures strongly depend on the chosen higher education institution, Masters programme, city destination and other factors.

Scholarships, grants and funding in Denmark

Fortunately, there are a number of excellent funding opportunities available for prospective students looking to upgrade with a postgraduate study at a Danish university. After all, there are currently more than 600 courses taught entirely in English – including Masters programmes of highest quality and international recognition. Sounds like a dream study destination, right?

But back on track, the Danish Government Scholarships under the Cultural Agreements are one of your best choices of receiving funding. They are specifically tailored for young students from various countries and continents with strong interests in architecture, design, environmental studies, and other similar study fields. There are 3 scholarships available:

• Long-term scholarships

• Danish summer language scholarships

• Governmental scholarships for Danish students

Another interesting grant possibility is the Fulbright Commission allowing American students at a Masters level to stay in Denmark for an entire academic year worth of studying or researching at a Danish university.

Then there is also Nordplus, that is widely appreciated for providing opportunities for a student enrolled at a Baltic or Nordic university to study in another Baltic or Nordic country!

Last but not least, Erasmus+ offers good chances for exchanges lasting between 2 and 12 months to various students from the EU, EEA or Switzerland.

Financing your student life in Denmark

After a good portion of examples regarding the funding of a Masters in Denmark, there is no better time to get to know more about some financial tips that might help for your future Danish student life. You are most likely familiar with Denmark’s high living standard, which can have a certain but mostly limited effect on the pricing of your:

• Accommodation – between EUR 250 and EUR 450 (student dormitory); EUR 400 to EUR 700 (private housing)

• Food – around EUR 200 for general goods per month

• Transport – around EUR 40 per month

• Free time, leisure and sport – EUR 300 (subjective to personal taste and preferences)

Or in total, an absolute minimum for a normal student life would be somewhere in the area of EUR 1000 - in the best case scenario . For this reason alone, it is a good idea to learn about your chances of receiving an ISIC card, that can greatly aid you with all sorts of discounts for food, hotels, transportation and many other activities.

Bringing your EHIC card (European Health Insurance Card) is also recommended in order to avoid hefty fees for healthcare while in Denmark.

Student jobs in Denmark

After going through the minus side of your balance, what better way to conclude than providing some good links with opportunities for income. Before that, keep in mind that EU, EEA, Nordic and Swiss students have no limits for working hours in Denmark. All other nationalities, however, can only seek part-time jobs that require up to 20 hours a week excluding June, July and August when it is also possible to enroll for full-time employment. Of course, ownership of a work permit is an absolute must.

With all of the above being said, check out the official Danish government website Work in Denmark that can help you with job opportunities around Denmark. You should also consider your language skills in Danish in order to improve you chances for good employment.

Source of information: Study in Denmark