NTNU charges no tuition fees, but all international students who are not citizens of EU/EEA/EFTA countries must be able to document that they have enough money to cover living costs while in Norway.
Minimum funding requirements for non- EU/EEA/EFTA citizens
Regulations from the Norwegian Directorate of Immigration state that all international students who are not citizens of EU/EEA/EFTA countries need to apply for a residence permit for students. This means that applicants for exchange, undergraduate or master's programmes at NTNU must document their funding source(s) (NOK 100,920 for 2015/2016) in their application.
The documentation must be given for one year at a time, so even though an international master's programme has a duration of two years, applicants only need to document funding sources for one year in their application. Exchange students who are only staying at NTNU for one semester only need to provide documentation for one semester.
How to provide documentation of financing when you apply
In your application for admission, you may document financing by means of a bank statement or a letter of confirmation from your sponsor. The amount per year (the minimum amount is currently NOK 100,920), must be stated in the letter. The letter must be in English, or come with an English translation. If applicable, the name of your sponser must also be stated in the letter.
After you have been granted admission - transferring deposit money
The Norwegian Directorate of Immigration will only accept bank guarantees from a Norwegian bank. This means that students in the "individual funding category" who are admitted to a programme will be requested to transfer the required amount (NOK 100,920) to NTNU's deposit account before arrival in Norway. You will not be granted a visa to Norway before you have done this.
This deposit is for covering living expenses only - NTNU does not charge tuition fees. The money will be transferred to the student's Norwegian bank account once the student has opened one. Information about the practical arrangements for transferring the money to your Norwegian bank account will be provided along with the admissions letter.
How much should you transfer to the deposit account?
The Norwegian Directorate of Immigration will accept both the amount for the school year 2014/2015 and the amount for the school year 2015/2016. Everything in between this is also fine. So, you should transfer an amount between 97,850 NOK and 100,920 NOK.