The Master’s Program is self-funded, with its main sources of financing being sponsorships, donations, and tuition fees, which amount to €4,000 per student for the entire duration of the study cycle.
The tuition fee is deemed essential for the financial sustainability of the Master’s Program, as supported by the relevant report. The payment of tuition fees will be structured as follows:
The ERDM Master Program becomes an attractive option both for its applied field of study and for its low cost compared to many English-taught Master’s programs abroad in the same field, which have three to four times higher fees.
Tuition-free education
According to Article 86 of Law 4957/2022, enrolled students in a Postgraduate Study Program (P.S.P.) may attend it free of charge, if tuition fees are required, provided they meet the financial or social criteria prescribed by law. A prerequisite for granting the right to free attendance based on financial or social criteria is the achievement of a grade equal to or higher than seven and a half out of ten (7.5/10), provided that the evaluation of the main degree submitted for admission to the P.S.P. has been carried out according to the ten-point grading scale of a Higher Education Institution (H.E.I.) of the country; otherwise, this criterion is applied proportionally according to the respective grading scale, if the submitted degree has been awarded by a foreign institution.
Exemptions may be granted only to domestic students. If, during the numerical calculation of the number of beneficiaries eligible for tuition fee exemption, a decimal number results, it shall be rounded to the nearest whole number. If the number of exemption beneficiaries exceeds the percentage specified herein, the beneficiaries shall be selected in descending order until the number is fulfilled.
The submission of applications for tuition fee waivers for each Joint Interdepartmental Postgraduate Program takes place after the completion of the student admission process to the Joint Interdepartmental Postgraduate Program and within a time frame to be determined by the program itself.