Students joining our programmes have the opportunity to choose between paying the annual participation fee upfront or in up to five instalments per year.
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How does it work?
Once admitted into one of our programmes and having accepted the offer, you will receive an invoice to pay the registration fee (250 EUR) within two weeks.
After you pay the registration fee, your seat is confirmed!
As a confirmed student, you will receive an invoice for your annual participation fee as follows:
Application
Round
Year 1 @ KTH Royal Institute of Technology
Year 1 @ Uppsala University
Year 1 @ any other institution
Rounds 1 - 3
April
April
May
Round 4
May
N/A
June
Round 5
N/A
N/A
July
Together with the invoice, you will be asked to confirm your prefered payment method: payment in advance or payment in instalments.
Students who select payment in instalments are requested to complete their payment in five instalments (payment milestones). By the deadline of each milestone, you will need to have paid a specific amount. More details can be found on the payment plan below.
Please note that there is an additional 300 EUR (inc. VAT) administrative fee for students who choose payment in instalments for intake 2022. For more details about payment in instalments plan, please visit our FAQ section under the filter 'Fees and funding'.
Payment in instalments plan for intake 2022
Year 1.
Participation fee*
Amount to be paid by May - July** 2022
Amount to be paid by August 2022
Amount to be paid by October 2022
Amount to be paid by December 2022
Amount to be paid by March 2023
18,000 EUR / year
5,000 EUR
4,000 EUR
3,000 EUR
3,000 EUR
3,000 EUR
12,000 EUR / year
4,000 EUR
2,000 EUR
2,000 EUR
2,000 EUR
2,000 EUR
6,000 EUR / year
2,000 EUR
1,000 EUR
1,000 EUR
1,000 EUR
1,000 EUR
* The standard participation fee for intake 2021 is 18,000 EUR per year. Students who receive partial participation fee waivers/scholarships (discounted participation fee of 12,000 EUR or 6,000 EUR per year) are also eligible for payment in instalments scheme. Visit Scholarships & Funding for information about partial waivers.
** Students from Rounds 1-4 who will pursue their year 1 at KTH Royal Institute of Technology and students from Rounds 1-3 who will pursue their year 1 at Uppsala University are requested to pay their first instalment in May 2022. Students from Rounds 1-3 who will pursue their year 1 at any other institution are requested to pay their first instalment in June. Students from Rounds 4-5 are requested to pay their first instalment in July.
Year 2.
Participation fee*
Amount to be paid by May - June*** 2023
Amount to be paid by August 2023
Amount to be paid by October 2023
Amount to be paid by December 2023
Amount to be paid by March 2024
18,000 EUR / year
5,000 EUR
4,000 EUR
3,000 EUR
3,000 EUR
3,000 EUR
12,000 EUR / year
4,000 EUR
2,000 EUR
2,000 EUR
2,000 EUR
2,000 EUR
6,000 EUR / year
2,000 EUR
1,000 EUR
1,000 EUR
1,000 EUR
1,000 EUR
* The standard participation fee for intake 2021 is 18,000 EUR per year. Students who receive partial participation fee waivers/scholarships (discounted participation fee of 12,000 EUR or 6,000 EUR per year) are also eligible for payment in instalments scheme. Visit Scholarships & Funding for information about partial waivers.
** Students pursuing year 2 at KTH Royal Institute of Technology and Uppsala University are requested to pay their first instalment in May. Students pursuing year 2 at any other university are requested to pay their first instalment by June.
There is an additional 300 EUR (inc VAT) administrative fee per year for students choosing payment in instalments. The invoice for this administrative fee will be issued every year at the same time as the invoice for the participation fee. The administrative fee has to be paid by the deadline of the first instalment each year.
The income sharing agreement allows you to study first and pay later based on your salary after graduation!
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How does it work?
Nationals of these countries who have been admitted to an EIT InnoEnergy programme can apply for up to 30,000 EUR funding through an Income Sharing Agreement with Brain Capital.
If granted, this funding is used to pay the participation fee of an EIT InnoEnergy master's programme.
The repayment of this funding only starts after graduation and after reaching a minimum annual salary!
After reaching the minimum annual salary in the agreement, the graudate will repay a percentage of their salary during a period of maximum 15 years or as soon as 1.9x the investment has been repaid.
This flexible, fair and solidaire model ensures that if you earn less than the previously agreed minimum, repayments are postponed.
Students who receive financial support by these institutions are automatically granted a partial participation fee waiver of 5,000 EUR discount*. So, they will pay a maximum of 13,000 EUR per year instead of the regular 18,000 EUR annual participation fee.
*This special partial fee waiver is only valid if the student has not been granted any other partial or full fee waiver. It is not possible to combine waivers.
Local funding & scholarship opportunities
EIT InnoEnergy encourages you to search for local loan providers in your home country in case you need additional funding to support your studies.
Institutions support local students with financing their studies abroad through loans and/or scholarships. See list below.
Female students interested in the Master's in Nuclear Energy can also access funding through the IAEA Marie Skłodowska-Curie Fellowship Programme. Several EIT InnoEnergy students have already benefited from this opportunity.
IEFAoffers scholarship and grant information for students wishing to study abroad.
We make scholars offers scholarship and grant information for students wishing to study abroad.
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Financing your studies through Erasmus+
Erasmus+ study loans have been created by the European Commission to make it easier to study a full degree programme abroad.
All our Master’s programmes take place in an Erasmus+ programme country. Certain students may therefore apply for an EU-guaranteed Erasmus+ study loans at a bank in their home country.
Currently the Erasmus+ scheme is available through universities and banks in Spain, Italy (Emilia Romagna), Croatia, Romania and Turkey for outgoing students from these countries who are pursuing postgraduate study abroad; and to students from other programme countriesgoing to Spain for a Master’s course. More information on Erasmus+ loans is availablehere.
Please note: the Erasmus+ study loan programme is not financed or organised by EIT InnoEnergy.
