Tuition Fees &
Financing Methods

The tuition fee is 9.000 Eur/year and the duration of the studies is 4 years. We offer substantial value for money and in order to support students to access our program, we created a multitude of scholarships and financing methods.

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Financing methods

 Under EA – The Entrepreneurship Academy’s financial support

This method is only accessible for 11th-graders who apply and get accepted at EA – The Entrepreneurship Academy. They will start our university after successfully graduating the Baccalaureate Exam.

Amounts offered through this scholarship:

  • Year 1: 500 EUR
  • Year 2: 500 EUR

These performance scholarships will be offered to high school students who, during the four years of high school, have achieved at least one of the following:

  • Part of top 10 ranking in the “National” phase of competitions organized and/or acknowledged by MECTS (Ministerul Educației, Cercetării, Tineretului și Sportului);
  • Qualified in the “International” phase of competitions organized and/or acknowledged by MECTS (Ministerul Educației, Cercetării, Tineretului și Sportului);
  • Part of top 10 ranking in a National/International competition outside MECTS’ acknowledgment (we will require official papers to prove the existence and level of the competition).

Amounts offered through this scholarship:

  • Year 1: 2500 EUR
  • Year 2: 2500 EUR
  • Year 3 : 2000 EUR
  • Year 4: 2000 EUR

These performance scholarships will be offered to high school students who, during the four years of high school, have achieved at least one of the following:

Amounts offered through this scholarship:

  • Year 1: 2500 EUR
  • Year 2: 2500 EUR
  • Year 3 : 2000 EUR
  • Year 4: 2000 EUR

These performance scholarships will be offered to high school students who, during the four years of high school, have achieved the following:

  • A minimum of 200 hours of volunteer service;
  • Leading teams (minimum 5 people in the team), proving high levels of leadership and teamwork.

Amounts offered through this scholarship:

  • Year 1: 2000 EUR
  • Year 2: 1500 EUR
  • Year 3 : 1000 EUR

These performance scholarships will be offered to high school students who, during the four years of high school, have developed one or more business and achieved the following:

  • Minimum 2 clients per business/businesses;
    A minimum of 1500 euros in revenue (cumulative from all business – if it is the case);
    A minimum business activity (from the first client to the moment of speaking) of 8 months (only one active business) or 1 year (cumulative from all businesses).

Amounts offered through this scholarship:

Scenario 1: 1500 – 3000 EUR revenue (singular business or cumulative)

  • Year 1: 1250 EUR
  • Year 2: 1250 EUR
  • Year 3 : 1000 EUR
  • Year 4: 1000 EUR

Scenario 2: 3000 – 5000 EUR revenue (singular business or cumulative)

  • Year 1: 1700 EUR
  • Year 2: 1700 EUR
  • Year 3 : 1200 EUR
  • Year 4: 1200 EUR

Scenario 3: more than 5000 EUR revenue (singular business or cumulative)

  • Year 1: 2500 EUR
  • Year 2: 2500 EUR
  • Year 3 : 2000 EUR
  • Year 4: 2000 EUR

These performance scholarships will be offered to the high school students who prove an outstanding entrepreneurial potential throughout our admissions process, and come from several counties in Romania, from where we do not have any students yet.

This scholarship is available only for 12 graders, from the following counties (one per county): Maramureș, Satu-Mare, Bihor, Bistrița-Năsăud, Neamț, Caraș-Severin, Dâmbovița, Giurgiu, Covasna, Gorj, Hunedoara, Iași, Harghita, Sălaj, Mehedinți, Teleorman

Amounts offered through this scholarship:

  • Year 1: 3000 EUR
  • Year 2: 3000 EUR

This method can be accessed only by those students that have a very delicate financial situation and are not to be able to fully cover the tuition costs from personal sources.

In order to prove their need, the students will go through a separate application, where they will offer details as well as financial documents that illustrate the financial need. These scholarships are offered for a period of 3 years, provided that certain academic criteria are met annually.

Amounts offered through this scholarship:

  • Year 1: 2500 EUR
  • Year 2: 1500 EUR
  • Year 3 : 1000 EUR

This method can be accessed by all the students, irrespective of the depth of their financial need.

EA – The Entrepreneurship Academy students receive a referral fee when they recommend applicants that successfully go through the admission process and confirm their place within the university. The fee is 400 EUR for the first recommended student and 400 EUR from the second onward.

Outside EA – The Entrepreneurship Academy’s financial support

This method can be accessed by all the students, irrespective of the depth of their financial need.

This is a student driven approach, that implies contacting various companies, entrepreneurs or the community around, in order to obtain a sponsorship that fully or partially covers the tuition fee. EA – The Entrepreneurship Academy can provide on-demand advice, courses and helpful materials in this regard.

This method can be accessed by all the students, irrespective of the depth of their financial need.

Students can access a FINS educational loan, through which they can obtain between 2.000 EUR and 50% of the tuition fee accumulated over all 4 years of study. The loan becomes repayable after graduation, for a period of maximum 5 years. During university, students only have to pay a monthly interest. For more details and registration, please consult FINS website, and directly contact their team for more information: www.hellofins.com.

Costs

Yearly tuition fee

9,000 Eur/year for all diploma related curriculum.
Paid in advance for each semester.

Cost of living in Bucharest

200-300 Eur/mth for studio rental for non residents.

6 weeks Year I Learning Journey

2000 EUR for Amsterdam
Paid in advance to EA, at signing contract for Y1

8 weeks Year II Learning Journey

2,500-3,500 Eur - travel and accommodation expenses
Trip self organized by students

8 weeks Year III Learning Journey

2,500-3,500 Eur - travel and accommodation expenses
Trip self organized by students

2 weeks Year IV Thesis Preparation

1,500 Eur - travel and accommodation for Amsterdam
Trip self organized by students

3 days Year IV Thesis Presentation

600 Eur - travel and accommodation for Amsterdam
Trip self organized by students

In the current context of the COVID-19 pandemic and the travel restrictions imposed by it, EA – The Entrepreneurship Academy, takes all the necessary steps to put the students’ safety first. For this reason, until the situation regarding travel abroad returns to normal and it is again safe to travel internationally, the Learning Journeys that usually take place abroad will be replaced with the Learning Journeys at the national level, in order to meet the accreditation requirements and the corresponding learning objectives. We will provide this information before the Learning Journeys take place.

Alumni Case Studies

December 17, 2020

George Moroianu (Flip.ro)

In my first year of faculty I tried to start a marketplace for house-services like cleaning, grocery-shopping, etc. Unfortunately, I found it way too challenging to aggregate supply on the Romanian market and I was too unexperienced for it, so I shut it down after 1 year and 15,000 EUROS in revenue.

Read more >

December 17, 2020

Miruna Ioana Toanchină (Rawmantic)

When I first joined EA, I had no clue about what business I wanted to start or want I wanted to do. In the 1st year, I initiated and joined several projects that attracted me, at first, at least. Looking back, I realise that I was actually looking to discover myself, my passions and the field in which I could have the greatest impact.

Read more >

December 17, 2020

Ciprian Dudulea (Difrnt.)

My entrepreneurial journey started with a huge failure. I’ve spent my first year at EA trying to launch a business idea which aimed to bring healthy food in public schools using vending machines. What I didn’t acknowledge at that time was that the food business is tough

Read more >

December 17, 2020

Iulia Petrescu (Ez Stick)

Seeing that my colleagues are taking initiative and launching start-ups in the first year of faculty, I got encouraged by my them and also opened my first business at 19, in the second semester of year 1.

Read more >

Frequently
asked questions

The 5 Financing Methods under EA – The Entrepreneurship Academy’s financial support can be combined up to 12.000 EUR for all 4 years. The students have a minimum of 24,000 EUR to cover individually from other sources, such as Individual Sponsorship and Study Loan, with guidance from EA.

EA – The Entrepreneurship Academy offers 7 Financing Methods, split into two categories: Under EA – The Entrepreneurship Academy’s financial support and Outside EA – The Entrepreneurship Academy’s financial support. For all financing methods, we provide support in understanding and obtaining the scholarships.

The amount available for EA scholarships goes up to 500.000 EUR.

In order to apply for our scholarships, you need to:

  1. Apply and be accepted at EA-The Entrepreneurship Academy.
  2. Pay the 900 Eur deposit (that will be deducted from the first year tuition fee).

During your admission process, you will receive more information regarding our financing methods, but the application for our scholarships begins after the deposit payment.

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