Tuition Fees &
Financing Methods

We are offering substantial value for money and also offer five different financing methods to support all students access our program.

Learn more

Costs

Tuition fee per year

9.000 Eur for all diploma related curriculum.
Paid in two installments, per year.

Cost of living

150-200 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

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

COVID ANNOUNCEMENT

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, therefore:

First Year Learning Journey, organized by EA – The Entrepreneurship Academy, will take place in Romania. Its cost (adjusted to the costs in Romania), along with extra details, will be communicated soon and will be paid together with the payment of semester 1;
Year II, III and IV Learning Journeys, organized by the students, will also take place on the territory of Romania, and the costs will continue to be covered from their own sources or from the profits realized by the student teams during the previous years of study.

Financing methods

1. Individual sponsorships

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.

2. Student loans

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 EUR 5.000 and 50% of the tuition fee accumulated over all 4 years of study. The loan becomes repayable after graduation, for a period of maximum 10 years, during the faculty time they only have to pay monthly interest. For more details and registration, please consult the FINS website, and directly contact their team for more information:

www.hellofins.com

3. Swimathon

This method can be accessed only by those students who are accepted by April (then it’s the Swimathon registration deadline). They need to have a very delicate financial situation and not to be able to fully cover the tuition costs from personal sources. Those who also apply for the Support Scholarship have priority in being eligible for Swimathon participation.

EA – The Entrepreneurship Academy facilitates Swimathon participation (more details here), a fundraising event through which every student that needs financial help will have a team of 5 fundraisers that will gather sponsorships for him/her and will swim on the day of the event.

4. Support scholarships

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 4 years, provided that certain academic criteria are met annually. The scholarships amount is situated between EUR 1.000/year and 50% of the annual amount of the tuition fee (in special cases, the scholarships can be even higher).

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 I 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

1. Does the faculty have accomodation facilities?

No, as a faculty we do not offer accomodation facilities. The majority of our students rent apparmantest together with their colleagues and they share the costs, or they opt for accomodation in private dorm rooms.

2. Can all the financing methods be accessed at once?

Yes, they can be combined. Students can access them all, but the Support Scholarships and Swimathon participation are only destined to those having financial issues and we validate their situation through a separate application.