Budget

Starting budget

At your arrival, you will have to prepare an amount of +/- 1500 € for the following positions:

  • Registration
  • Health insurance
  • Fare ticket
  • First rent + rent guarantie + rent insurance
  • Alimentation

Estimated monthly budget for a student

It is very difficult to assess the cost of university education. Some expenditures are required because they are directly linked to studies; others depend on the situation of each student, e.g. housing in Luxembourg, having to take one’s meals on location, etc.

According to the Ministry of Foreign Affairs, the monthly resources required correspond to at least 80% of the guaranteed minimum income in Luxembourg. A student in Luxembourg will therefore need a budget of 1.078,54 € to cover all of his or her needs.

Registration at the University of Luxembourg

400 € / semester for semester 1 and 2

200 € / semester for semester 3 to 6

Fare ticket

37,5 € / semester

Housing* in university dormitory

380 € / month (or +/- 600 € for private accomodation)

Rent guarantee

350 € (one payment at beginning of the contract)

Rent Insurance

from 60 € / year

Meals (5 € / Meal)

300 € / month (canteen at university)

Telephone

30 €

Free-time activities (cinema, student outings, sports, etc…)

150 €

Didactic Material (books, photocopies, etc...)

400 € / year

Provide a bank account

You will find a bank account in Luxembourg useful during your stay in the country.

Do not forget your identity documents, address and a certificate from the University attesting to your student status.

Most banks grant advantages to young people under 26 years of age. Do not forget to inquire about them.

  • Banque et Caisse d’Épargne de l’État Luxembourgeois (BCEE) offers an account for students for which a large portion of the charges is free.
  • Banque Générale du Luxembourg (BGL-BNP Parisbas) offers possibility to open a youth account free of charge.

It is also possible to open a Postal account

  • Postal current accounts (CCP) can be used for all operations at attractive conditions, and even free of charge