Cost of living | Financial matters

What does studying cost?

Your student time is the best time of your life! The total cost of living is around €15,000,- per year, excluding tuition fees. This information is meant as an indication of an average student's annual budget.

Annual costs

Housing	€7,500
Food and drinks	€3,500
Books and supplies Some programmes require additional study material, e.g. specific software.	€500
Transportation	€1,000
Insurance (optional for EU/EEA students) These costs depend on the policies of insurance companies in your home country. EU/EEA students can opt for additional insurance of €10-€25 per month. This insurance covers costs of liability, household contents and luggage, legal aid and extra costs.	€680
Entry visa/residence permit (Non-EU/EEA students only)	€243
Bicycle	€250
Bank account	€50
Other (clothing etc.)	€1,100
Total annual costs	€14,793

One-time costs

Laptop, for example, to be purchased through the University of Twente's Notebook Centre.
Any deposit costs for the accommodation you move into, usually comparable to one month's rent.
Furnishings and furniture for your student home/room: approx. €750.

Costs are subject to change: typographical errors may occur.