Tuition Fees
For detail information, click below:
Financial Aid (for EU/EEA students only)
The Social Support Office of Academic Affairs and Student Welfare Service (AASWS) provides guidance on student financial problems. Students with serious financial problems may apply to the Office for funding by the CUT Student Welfare Association, which is supported financially by the University of Cyprus, as well as from external contributions and donations. During the Fall Semester each academic year the Association announces the procedure for submission of applications for financial aids. Evaluation of applications is based on Point allocation Rules on the Socio-economic status.
Postgraduate Student Funding (for EU/EEA students only)
The University offers a number of scholarships to postgraduate students, based on academic merit and financial need. They are either full or partial scholarships (tuition fees) and are addressed to newcomers and enrolled Ph.D. and Master Students. Their duration is one academic semester and they may be renewed, based on the students’ academic performance according to the Rules for Granting Internal Scholarships for Postgraduate Studies
Additionally, the Faculties and the Departments of the University may subsidize a postgraduate student to work as an assistant in his/her department or other departments. Graduate assistantships may involve assisting in teaching, tutorials, help with assignments, lab supervision, grading, etc.
Student Employment
For EU/EEA students
All active students of the University, both undergraduates and postgraduates, may be employed by the University on an Hourly Employment Schedule, for the performance of tasks assigned by the University entities. Students can work up to 20 hours per week or up to 100 hours per month. These limits may increase (up to twice) in the summer months, however, in any case, a student's employment may not exceed 600 hours in one calendar year. The remuneration for Hourly Employment of students is set at € 4.95 per hour (gross) and is being revised by the Rector’s Council Procedures for Students’ Hourly Employment are regulated by a Circular.
In addition, the Academic Affairs and Student Welfare Service collects information on the needs of enterprises and organizations in human resources and most preferably in students. Relevant announcements are made regularly at the beginning of each semester, and extraordinarily when vacancies arise only for students.
For international students
Student outside EU/EEA intending to be employed in Cyprus, the issue of an employment permit by the Civil Archive and Migration Office is required. For more information click here.
Opening a Bank Account
The Central Bank of Cyprus regulates all banking. It publishes a list of all regulated banks, including branch and representative offices of foreign banks, operating in the country.
You can open a student bank account at any commercial bank in Cyprus. Branches of all commercial Banks are located in the city center of Limassol, in proximity to CUT premises.
Cost of Living
The cost of living in the city center of Limassol is priced. However, your budget does depend on your lifestyle and the funds available to you. You should expect to spend more than usual in the first couple of weeks as you establish yourself, but your expenses should soon settle down, allowing you to manage your monthly budget carefully.
In addition to tuition fees, you must budget for living expenses, such as the cost of accommodation, food, clothing, entertainment, travel and books. It is estimated that a student should budget for an additional €800 to €1.000 per month, but personal expenses will vary according to each student's particular lifestyle. Click here for for more analysis on cost of living.
Financial and money issues
Tuition Fees
For detail information, click below:
Financial Aid (for EU/EEA students only)
The Social Support Office of Academic Affairs and Student Welfare Service (AASWS) provides guidance on student financial problems. Students with serious financial problems may apply to the Office for funding by the CUT Student Welfare Association, which is supported financially by the University of Cyprus, as well as from external contributions and donations. During the Fall Semester each academic year the Association announces the procedure for submission of applications for financial aids. Evaluation of applications is based on Point allocation Rules on the Socio-economic status.
Postgraduate Student Funding (for EU/EEA students only)
The University offers a number of scholarships to postgraduate students, based on academic merit and financial need. They are either full or partial scholarships (tuition fees) and are addressed to newcomers and enrolled Ph.D. and Master Students. Their duration is one academic semester and they may be renewed, based on the students’ academic performance according to the Rules for Granting Internal Scholarships for Postgraduate Studies
Additionally, the Faculties and the Departments of the University may subsidize a postgraduate student to work as an assistant in his/her department or other departments. Graduate assistantships may involve assisting in teaching, tutorials, help with assignments, lab supervision, grading, etc.
Student Employment
For EU/EEA students
All active students of the University, both undergraduates and postgraduates, may be employed by the University on an Hourly Employment Schedule, for the performance of tasks assigned by the University entities. Students can work up to 20 hours per week or up to 100 hours per month. These limits may increase (up to twice) in the summer months, however, in any case, a student's employment may not exceed 600 hours in one calendar year. The remuneration for Hourly Employment of students is set at € 4.95 per hour (gross) and is being revised by the Rector’s Council Procedures for Students’ Hourly Employment are regulated by a Circular.
In addition, the Academic Affairs and Student Welfare Service collects information on the needs of enterprises and organizations in human resources and most preferably in students. Relevant announcements are made regularly at the beginning of each semester, and extraordinarily when vacancies arise only for students.
For international students
Student outside EU/EEA intending to be employed in Cyprus, the issue of an employment permit by the Civil Archive and Migration Office is required. For more information click here.
Opening a Bank Account
The Central Bank of Cyprus regulates all banking. It publishes a list of all regulated banks, including branch and representative offices of foreign banks, operating in the country.
You can open a student bank account at any commercial bank in Cyprus. Branches of all commercial Banks are located in the city center of Limassol, in proximity to CUT premises.
Cost of Living
The cost of living in the city center of Limassol is priced. However, your budget does depend on your lifestyle and the funds available to you. You should expect to spend more than usual in the first couple of weeks as you establish yourself, but your expenses should soon settle down, allowing you to manage your monthly budget carefully.
In addition to tuition fees, you must budget for living expenses, such as the cost of accommodation, food, clothing, entertainment, travel and books. It is estimated that a student should budget for an additional €800 to €1.000 per month, but personal expenses will vary according to each student's particular lifestyle. Click here for for more analysis on cost of living.
