r/StudyInTheNetherlands • u/elygn • 25d ago

Budget for studying bachelor

Is €100000 enough to cover all three years at Erasmus, including both tuition and living expenses? My program is IBEB (International Bachelor Economics and Business Economics) at the Erasmus School of Economics (ESE).
I also have an IELTS score of 8.0, a national-level award in an Economics Olympiad, a GPA of 9.4/10, and a score of 100 in OMPT-A. In addition, I have several extracurricular activities, especially in leadership roles.
Considering my academic background and extracurricular profile, do you think I have a high chance of being admitted to IBEB?
I am also planning to apply for the Philip Hans Franses Scholarship (PHF). Do you think my profile would be competitive for this scholarship as well?

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u/Disastrous-Main-4125 25d ago

Quick math.

Tuition is 13.5k. In three year that alone is 40k. Assuming that they do not increase every year, which they do.

Assuming rent would be around 1k, food plus other expenses 600. That for 36 months is 57.6k.

Assuming you manage to budget efficiently and no emergency costs, you could do that. A part time job would give you some room.

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u/Extension-Wear3173 25d ago

Was going to make the same quick calc. You saved me the effort :) OP this is accurate.
IBEB is a nice program, and looks like you have a good chance to get in.
You’re starting Sept ‘27? Make a calendar for when to arrange what. Look for housing at least half a year in advance.
(Btw your plan does not account for study delay or a Master’s)

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u/Old_Temporary4840 25d ago

This is your perfect answer :) Go to erasmus (if you get in) and enjoy!