When planning your studies, it's essential to budget for various expenses beyond tuition. You will need to cover your rent, living expenses, study materials, and, if applicable, costs for a residence permit and health insurance. These costs will vary depending on your lifestyle and choices during your stay.
For example, the cost of housing can differ significantly, and if you plan to travel, you'll need to account for additional expenses. On average, to maintain a reasonable standard of living in the Netherlands, you should budget approximately €950 per month, or around €11,400 per year (excluding tuition fees).
For further details on the cost of living in the Netherlands, as well as related information, you can visit the relevant sections on this website.
Are you applying for a scholarship?
If you're concerned about managing these expenses, applying for a scholarship could help alleviate some of the financial burden. When applying for a scholarship through RSM, it’s important to demonstrate your financial need and ability to cover the costs mentioned above.
To support your application, you are required to complete the RSM Scholarship Budget Plan. This document, which outlines your estimated expenses and income, must be uploaded through the Online Application Form (OLAF).
It is mandatory for all scholarship applicants, and the details provided will be used to assess your eligibility and financial need for the scholarship.