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Budget
Student Association: €50/term;
IT and online e-Learning: €50/term;
Books and supplies: €300/term (maximum);
Housing: €700 to €1,000/month;
Transportation: €0 to €100/month;
Food: €250 to €350/month;
Health Insurance: €45/month;
Cellphone: €70/month;
Telephone and Internet: €50/month;
Student Events: €150/month;
Coffee: €1.50 to €2;
Newspapers: €1.20;
Magazines: €5;
Bread (baguette): €0.80;
Stamp: €0.53 for Europe 20g;
Sandwich: €3 to €5;
Hamburger/French Fries: €10;
CD or DVD: €20;
Petrol Liter: Approx. €1.50.

Please note that the academic fees -application, enrolment and tuition (depending on your program) must be added to these figures.
These amounts serve only as an indication of what an average IUM student spends.
Obviously, expenditures will vary from student to student.










