Why do engineering students drink

What does a degree cost? An overview of the study costs

The cost of studying

In principle, the costs for a degree are made up

  • Living
  • Eat Drink
  • Costs for books, teaching material, etc.
  • tuition fee
  • dress
  • Leisure activities
  • telecommunications
  • Additional costs

Our overview reveals exactly what to expect.

Housing - the highest study costs

Those who stay at home during their studies can skip this section. For everyone else, the most expensive part of studying is living. The universities in Austria are all located in larger cities, which are usually quite expensive. Universities of applied sciences, on the other hand, can also be found in more rural areas, where housing is cheaper for students. However, the nightlife options are limited there. But you shouldn't choose your place of study based on the number of party locations anyway.

There are big price differences when it comes to living. First of all, it is a question of whether you want to stay in a student dormitory (from approx. 200 euros per month), in a shared apartment (from approx. 300 euros per month) or in your own small apartment (from approx. 350 to 400 euros). But there are also costs for electricity, internet and other ancillary costs.

Those who study hard should also regularly supply their body and brain with nutrients. The monthly costs for meals are around 250 euros. If you go to eat in the cafeteria on study days (dishes are available for around 3 to 5 euros), often cook yourself in the evening (tip: cookbooks for students list inexpensive and simple dishes) and only occasionally eat in a restaurant , you should get by with this amount. Of course, it also plays a role whether you are an extreme athlete who is hungry as a bear or whether you eat like a sparrow.

The cost of studying is quite difficult to estimate. But books / scripts, copies, etc. can also incur high costs. Textbooks for special fields of study in particular cost a lot of money: books for medicine, mechanical engineering or pharmacy are usually significantly more expensive than those for philosophy, history or media management. However, there are often more books to be purchased overall in the humanities subjects.

Many professors make their documents available digitally, which are then often printed out because it is easier to read on paper than on a computer. So that costs printer ink, which is not cheap either. For studies such as architecture or art, you also have to expect handicraft material and the like. But you should expect around 25 to 40 euros per month.

If you study at a technical college or private university, the tuition fees range from a minimum of 363.63 euros (= 60 euros per month) to several thousand euros per semester.

Depending on how fashion-conscious you are and how often you need new clothes, the costs will be higher or lower. At this point, you probably know best yourself what you spend each month.

Leisure time / your student life

Your student life shouldn't be neglected either. If you only stay at home during your studies for financial reasons, you will miss the best time of your life. So cut back on clothing or housing, but go out there, meet up or party with other students. A more carefree time than when you were studying is unlikely to come back. You should set the costs for leisure activities at at least 150 euros.

This includes costs for the mobile phone, Internet, radio fees, etc. Overall, you probably won't get under 40 euros here.

In addition, there will always be costs that have not been taken into account at all. Birthday or Christmas presents have to be bought, the car has to be refueled or the train ticket has to be paid for and then the microwave breaks too. So you should have a few euros in hand.

Expensive but worth it

How does an old proverb say? “An investment in education always pays the best interest”. Of course you won't be bathed in money and live in abundance during your studies, but that's not the point either. A degree is there to prepare you for your professional future and you have to accept a lot of costs.

Besides, you are not alone. The student social survey shows that the majority of students have a monthly income of 600 to 1,000 euros.

It is certainly not that easy to raise 600 to 1,000 euros a month. We have described the options for financing your studies in our section on financing your studies. With the right mix of parental support, government support and student jobs, however, it should work.