Payment

How can I pay my tuition fee?

Together with acceptance letter you are going to get a tuition fee invoice, you can pay it in bank, via bank or other transfer system. While paying your tuition fee make sure that you write right invoice number and your name and surname (especially if another person is making a transaction).

Can I split the tuition fee and pay in several attempts?

Tuition fee for first year of studies must be paid at once.

Can someone else from another country pay for me?

The tuition fee could be paid by the other person / representative. When paying via bank transfer, it is necessary to specify all the information provided in the payment order formed in VU Study Information System eStudent or VU Admission System Dream Apply correspondingly.

Are there any Scholarships for International students?

Vilnius University Faculty of Economics and Business Administration has a lot of scholarships for students who show great academic achievements. These scholarships can be granted to any student regardless of nationality (if it is not a scholarship established specifically for international students).

The scholarships are as follows:

• Nasdaq Vilnius Services Scholarship – each year 3 students from Quantitative Economics BA are rewarded with a scholarship of 1650 Eur.
• The Bank of Lithuania Scholarship – for the most advanced students of Quantitative Economics BA – 4200 Eur.
• VU FEBA Admission Scholarship – for most motivated and competent international students applying to the Bachelor's and Master‘s programs – 1000 Eur.
• Incentive Scholarship – awarded to the best undergraduate, postgraduate and post-secondary students for exceptionally good academic performance. Scholarships are awarded and paid twice a year, after the end of the grading period of the previous semester. The incentive grant is 11 BSI per semester of study. The BSI is a basic social allowance set by the state and currently amounts to EUR 55.00 per month.
• One-Off Earmarked Scholarship – a scholarship granted for students with relevant achievements in sports, cultural and scientific/social activities – from 49 Eur to 735 Eur.
• Lithuanian state scholarships for full-time Master's degree – either a grand covering tuition fee + scholarship or a 490 Eur scholarship (for more info please visit https://studyin.lt/scholarships/full-time-master-degree-studies/).Important note: scholarship application deadline is 22nd May 2023; a student must already be accepted to study MA at FEBA.
• Tuition fee waiver for full-time Master's degree – the scholarship covering tuition fee is given to the 5 most motivated and competent non-EU/EEA students applying for the MA study programs.

Tuition Fee Postponement/Payment by Instalments

Students who pay for their studies can apply for:

– Postponement of tuition fee for the semester for no later than December 1 in the Autumn semester and May 1 in the Spring semester;

– Semester tuition fee payment by instalments;

– paying no less than 30 % of the semester tuition fee before the first month of each semester and dividing the remaining sum to one or two instalments which have to be paid before 1 December in the Autumn semester and 1 May in the Spring semester.

Applications for both of the options are only available form the second year of the studies for those admitted via the admission system at apply.vu.lt. Applications are welcome during the first month of each semester via the eStudent environment.

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The tuition fee for the semester could be reduced:

– For students actively engaged in scientific research at the University, for one semester. Up to 100 % of the semester tuition fee could be reduced for the students who are champions or prize winners of the world or European student research contests, co-authors of inventions patented by the European Patent Office (EPO), the United States Patent and Trademark Office (USPTO), or the Japan Patent Office (JPO). From 30 % to 90 % of the tuition fee could be reduced for students, who are champions or prize winners of Lithuanian research contests;

– For students actively engaged in cultural activities at the University for a period no less than two years, for one semester. From 30 % to 90 % of the fee could be reduced for students, who as members of the University’s performance art groups, have represented the University and become winners of awards and prizes at international and national music, theatre, choir, folklore contests or festivals;

– For students actively engaged in sports and representing the University, for one semester. Up to 100 % of the fee could be reduced for sportsman students if they are members of or candidates to the national Olympic team, world champions and prize winners in adult or youth competitions of their chosen branch of sport, European champions and prize winners, champions and prize-winners of world student championships. From 30 % to 90 % of the fee could be reduced for students, who are champions and prize winners of Lithuanian championships, SELL (Baltic Student Games) champions and prize winners, champions of Lithuanian student games, members of Lithuanian national adult and youth teams, members of the University teams;

– For employees of the University (with the possibility to distribute the payments within semesters). Up to 70 % of the tuition fee could be reduced for employees of the University who have been working at the University part-time or full-time for at least 10 months.

More information regarding the reduction of tuition fees could be found at the Description of the Procedure of Payment, Reimbursement, and Recovery of Tuition Fees at Vilnius University.

Tuition Fee Compensation

The tuition fees paid for separate semesters could be compensated for students with excellent learning outcomes. The students who have the right for tuition fee compensation must:

– Be eligible for State-Funded study places at Lithuanian higher education institutions (Citizens of the Republic of Lithuania or other member states of the European Union (EU), European Free Trade Association (EFTA) or the United Kingdom (UK), persons (non-EU/EFTA/UK) granted a right of permanent residence in the Republic of Lithuania, children, grandchildren and great-grandchildren of the Diaspora and people of Lithuanian origin);

– Have no academic debts;

– Have reached the excellent or typical level of learning achievements. The list of students who have achieved the best learning outcomes is provided to the State Studies Foundation by the University.

Tuition fees are compensated every year. Students granted tuition fee compensation are informed personally and are ought to submit an application for the compensation to the State Studies Foundation. You can get more information by contacting the State Studies Foundation.

Transfer to State-Funded Places

Students in places not funded by State may transfer to State-Funded places if:

– They are eligible for State-Funded places at Lithuanian higher education institutions (Citizens of the Republic of Lithuania or other member states of the European Union (EU), European Free Trade Association (EFTA) or the United Kingdom (UK), persons (non-EU/EFTA/UK) granted a right of permanent residence in the Republic of Lithuania, children, grandchildren and great-grandchildren of the Diaspora and people of Lithuanian origin);

– They comply with the criteria of good study performance;

– There is an available State-Funded place after a student in the same study same field of study, the same form and the same course is expelled from the University, or terminates the studies. In cases like this transfer is proceeded twice a year, during the first month of each semester;

– There is an available State-Funded place after a student in the same field of study, the same form and the same course loses their State-Funded place during rotation. In cases like this, State-Funded places are filled once a year, after the rotation – before 15 October.

Information regarding available State-Funded places is announced by the Academic Core Unit on their website and on the eStudent environment. The transfer of students to and from State-Funded places is proceeded by each of the Academic Core Units following the temporary Description of the Procedure for the Rotation and Ranking of Vilnius University Students Based on their Learning Outcomes.

More information regarding assessment and rotation could be found here

I have a disability – what kind of support can I get?

Information about studies and disability is available at https://www.vu.lt/en/studies/bachelor-and-integrated-studies/living-in-lithuania/studies-disability