Personal banking, finances and stipends

How to estimate a monthly cost of living?

Students need to have sufficient funds to cover essential needs such as housing, food and some instructional costs. Your actual expenses will vary depending on your individual needs and spending habits. For a general estimate see the cost of living section of the CEU website.

Students should budget additionally for travel, recreation, mobile phone and other.

I receive a CEU Scholarship. When and how do I receive my benefits?

You will receive benefits according to the type of your accommodation (CEU Residence center, or rented flat). For details on benefits, please visit the Stipend and Finance FAQ or consult your individual acceptance package and Enrollment Confirmation Form. In case you receive CEU stipend, the CEU Budget and Finance Office will transfer the money to your Hungarian bank account in HUF. At the beginning of the academic year, the Budget and Finance Office organizes an orientation session concerning your banking to open a local currency account at any bank in Budapest on your own.

I am a recipient of Partial CEU Tuition Award. Where and how do I pay my fees?

Your tuition payments are administered by the CEU Budget and Finance Office. Please review the methods of payment accepted by CEU. Payments in cash are made at the CEU Cash Desk, located in Nador 9, Monument Building, in the ex bean-bag room (in the basement, next to the café). CEU Cash Desk opening hours: Monday – Friday: 10:00 am – 12:00 pm and 1:00 pm – 3:00 pm.  You can pay on-line, in cash, you can start a wire transfer, or you can pay by card at the CEU Cash Desk (card payments can be initiated in HUF or EUR!). Fees may be paid in EUR, HUF or USD at an exchange rate determined by the Budget and Finance Office based on daily rates published by MNB.

See also the Frequently Asked Questions for stipend, Finance Office and banking.