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Proof of financing

Non-EU / non-EEA Master's degree applicants

Proof of financing

In addition to tuition fees (for non-exchange students), regulations from the Norwegian Directorate of Immigration state that

all international students who are not citizens of EU/EEA/EFTA countries must document that they have enough money to live in Norway. For the 2024 admission this amount is NOK 151 690. If staying for only one semester, one must document NOK 68 950 for the 2024 autumn semester, and/or NOK 82 740 for the 2025 spring semester.

Successful applicants who are given an offer of admission will later be asked to transfer this amount to NTNU's deposit account. 
NTNU offers no scholarships. 


Documenting financing when applying for a master's degree

When applying to NTNU, master's applicants who are not citizens of EU/EEA/EFTA countries must provide documentation that they have enough money to live in Norway. This can be documented with: 

  • A bank statement showing that you have a minimum of NOK 151 690 in your bank account
    • The bank statement can not be more than three months old
    • The bank statement can be in any currency
    • All documentation must be in English or come with an English translation
       
  • A signed letter +  a bank statement from a sponsor showing a minimum of  NOK 151 690
    • The letter must state that the sponsor will cover NOK 151 690, and the letter must be signed. You can use any format.
    • The bank statement can not be more than three months old
    • The bank statement can be in any currency
    • All documentation must be in English or come with an English translation
       
  • A scholarship or stipend confirmation
    • There is no particuar format
    • All documentation must be in English or come with an English translation

The documentation of financing is to be provided for one year at a time. Exchange students who are staying at NTNU for one semester only need to document half the amount. 


Transferring money after you have received an offer of admission

Non-EU /non-EEA /non-EFTA applicants who are granted admission to NTNU must 

transfer NOK 151 690 to NTNU's deposit account before arrival in Norway. 

This a requirement from the Norwegian Directorate of Immigration to make sure that students who are admitted to Norwegian institutions have sufficient means to cover their living expenses. The money will be transferred back to you at the beginning of the semester. If you for some reason cannot start your studies, the money will be returned to your bank account in your home country. 

Information about the practical arrangements for transferring money to the deposit account will be provided in the admission letter from NTNU and can be found on our wiki page about deposit accounts and transfer and deposits.

Cost of living

Cost of living

The deposit money required by the Directorate for Immigration (UDI) is a guideline for how much it costs to live as a student in Norway. See the Practical information section for an outline of how much you will need to budget for food, housing and transportation. 

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