Tuition Fee & Financial Aid

 

SSE Riga's tuition fee in the Bachelor programme is EUR 6,250 per year.

Tuition is fixed for all three years and is set at the tuition rate at the time a student enrols in the programme.

However, the ability to attend SSE Riga does not depend on the student's financial situation – more than 90% of SSE Riga students receive significant financial aid.

Please read about the various options of financial aid below.


Tuition fee waiver - reducing the tuition fee to EUR 3,900 per year

Tuition fee waivers are available to students from Latvia, Lithuania, Estonia, Belarus, Moldova and Ukraine, reducing the tuition fee to EUR 3,900 per year. Candidates apply for waivers as part of the application process. The decision on the waiver will be sent to applicants along with their acceptance letter.


SSE Riga Scholarships – awarded based on admissions results (a full scholarship for 3 years)

Up to 6 scholarships for students from Latvia, Lithuania, Estonia, Russia, Belarus or Moldova covering 100% of the tuition fee for all three years. Application for these scholarships will be part of the SSE Riga Admissions Application and scholarship award decisions will be announced to the applicants together with the admissions offer.

 

Alumni Association Scholarships provided by alumni – awarded based on admissions results

The SSE Riga Alumni Scholarship is an initiative by the alumni community, which is eager to support talented and motivated young people. 10 scholarships covering 50% of the tuition fee (EUR 1,950) of the first year of the programme. A number of extensions to cover 50% of the second year of the programme will be available subject to a separate application at the end of the first year (with award decisions based on performance of the first year). Application for these scholarships will be part of the SSE Riga Admissions Application and scholarship award decisions will be announced to the applicants together with the admissions offer.


Scholarships provided by companies

There are one-off merit-based scholarships funded by corporate donors ranging from EUR 300 to 2,000 awarded based on academic performance. Merit-based award recipients generally distinguish themselves academically and personally within our highly competitive student body. This includes outstanding performance in particular courses and electives as well as notable academic research and entrepreneurial activities.


SEB – SSE Riga Loan Programme

Since SSE Riga believe in the potential of the students, the School offers a loan programme guaranteed by the School – which means no need to have parents or relatives to sign it. Loans are available to students from Latvia, Lithuania, Estonia, Belarus, Moldova, Ukraine and Russia. SSE Riga has a cooperation agreement with AS SEB Banka in Latvia that gives students from Estonia, Latvia and Lithuania an opportunity to get a loan from SEB on favourable terms. The loan is guaranteed by SSE Riga, and the maximum amount of the loan for 3 year studies at SSE Riga Bachelor Programme is EUR 11,700.

The application form for the SEB loan guaranteed by the School is available in the e-learning platform at http://elearning.sseriga.edu/ (under Student Support – Announcements, section “Financial Aid Information”).


Latvian State Guaranteed Student Loans

The amount of tuition not covered by any other sources can be financed through loans – students who take out loans typically repay them comfortably within 7 years.

Students from Latvia as well as citizens of other EU countries who have a temporary or permanent Latvian residence permit can apply for a Latvian State Guaranteed Loan. State Guaranteed Loans offer the best terms and flexibility with regard to repayment of the loan. Students can choose between two options: a Study Loan (to cover the tuition fee) and a Student Loan (for daily expenses). The maximum amount of a study loan is limited to EUR 2,356 for the year 2018. The student loan for daily expenses amounts to EUR 175 per month.The SSE Riga Student Credit Committee will select the students who can apply for the State guaranteed loan. The selection criteria are based on the family income and academic performance.

To apply for a State Guaranteed Loan, students need a guarantor – a person who is up to 64 years of age and can prove a minimum monthly income of EUR 430. The guarantor should be able to visit the bank and sign the documents. More information about the terms and conditions is available on the website of the Administration of Studies and Research (Studiju un zinātnes administrācija) at http://www.sza.gov.lv (currently in Latvian only) as well as on the website of SEB, which manages the State Guaranteed Loans for this academic year, at https://www.seb.lv/eng/loan-and-leasing/loans-everyday-needs/student-loans/loans-students-government-guarantee.

The application form for the Latvian State Guaranteed Loan is available on the e-learning platform at http://elearning.sseriga.edu/ (under Student Support – Announcements, section “Financial Aid Information”).

Students are also encouraged to explore state-supported study loans in their home countries as well as student exchange agreements concluded between their countries and Latvia.


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