Business Academy horizontal PNG

Tuition fees

How willing are you to invest in your growth? Is it better to focus on reducing costs or increasing your income?

Mācību maksa Business Academy

Earn while you study!

We believe that the Business Academy study format, which focuses on student-owned business and side activities to generate monthly income, is a great way for students to earn their own tuition fees and monthly expenses, while simultaneously studying the contents of the undergraduate program, without paying attention to out-of-school paid employment.

We are confident that the most active and enterprising students will be able to earn a monthly income of at least € 1000, even before graduation!

In order to keep the content and quality of the new program at a high level, the Bachelor’s program tuition fee is set at the start-up company 3000€ per year for students from the EU.

There are several types of financial support available that provide access to high quality and up-to-date education, regardless of your financial situation.

Financial support

Applicants residing in one of the EU countries have the opportunity to get a discount on tuition fees. Tuition fee is reduced to * 3000 EUR (instead of standard fee ** 5000 EUR).

* Reflective who is a Latvian citizen, A Latvian non-citizen, a citizen of the European Union, a citizen of the European Economic Area or a citizen of the Swiss Confederation and a resident of the European Community holding a valid residence permit and / or for applicants who have completed their secondary education in one of the above countries.
** Applicants who are not Latvian citizens, non-citizens of Latvia, citizens of the European Union, citizens of the European Economic Area or citizens of the Swiss Confederation and permanent residents of the European Community a resident holding a valid residence permit and / or an applicant who has not completed secondary education in any of the above countries.

 

Business Academy provides state-funded 4 free budget spots, which gives 4 students the opportunity to study undergraduate program without tuition fee.

The 4 students who will receive the budget places will be determined by the results obtained during the application process (centralized state exams, online test, and interview).

Students may apply for the option to split tuition fees into several installments. The annual fee can be divided into 2, 4 or monthly payments.

If 3000 EUR were divided into monthly payments, then the monthly payment would be 375 EUR / month.

Tuition fees are one of the most pressing issues for students and should not be a barrier to good education, so there is a possibility to use Swedbank and SEB bank study loans on good terms.

A student who is 21 years old and self-employed or with a guarantor who is at least 21 years old and earning a monthly income of at least 340EUR can apply for the credit.

More about credit options:

Swedbank

SEB banka

Ventspils University of Applied Sciences has the opportunity to apply for and receive various types of scholarships, which is a great motivation for the best students and an opportunity to earn additional income.

Scholarships

The aim is to provide scholarships to help able, hard-working, low-income young people to study at Latvian universities.

Scholarships start at $ 150 per month and are paid between September and June (both months included).

To qualify for the scholarship, the candidate must meet the criteria developed by the foundation:

  • Good performance (average grade 7.5 or higher)
  • underprivileged
  • an orphan, a parent, or a large family
  • success in training Olympics.

The Foundation accepts applications from grade 12 students from January 15 to March 1 each year.

The purpose of the scholarship is to promote the activity of students of Ventspils University of Applied Sciences (VUAS) in various spheres of activity – academic, research and community work. A successful student of Ventspils University of Applied Sciences who has fulfilled all academic obligations is eligible for the scholarship.

Scholarship amount: $ 1500.

Scholarship Patron is a graduate of Ventspils University of Applied Sciences, currently Chairman of the Board of SIA “Basketbola Development Academy Riga” Mārtiņš Lauva .

Applicants must submit:

  • application letter
  • CV
  • transcript of last year’s studies at university or school
  • Characterization of the applicant by the academic or governmental or non-governmental institutions of the VUC
  • an overview of your social or organizational activities and supporting documents, if any
  • Statement (Annex 2 to the Donation Agreement on Professor Andreas Scholarship)

The scholarship application must be submitted by 30. November (inclusive). The required documents must be submitted to the C210. Cabinet to Arita Toby, Chair of the Commission on Scholarships and Credits.

The criteria for determining the recipient of a scholarship are student activity and academic, research and community performance.

Scholarship Terms

The purpose of the scholarship is to promote the activity of students of Ventspils University of Applied Sciences (VUAS) in various spheres of activity – academic, research and community work. A successful student of Ventspils University of Applied Sciences who has fulfilled all academic obligations is eligible for the scholarship.

Scholarship amount: $ 1500.

Scholarship Patron is a graduate of Ventspils University of Applied Sciences, currently Chairman of the Board of SIA “Basketbola Development Academy Riga” Mārtiņš Lauva .

Applicants must submit:

  • application letter
  • CV
  • transcript of last year’s studies at university or school
  • Characterization of the applicant by the academic or governmental or non-governmental institutions of the VUC
  • an overview of your social or organizational activities and supporting documents, if any
  • Statement (Annex 2 to the Donation Agreement on Professor Andreas Scholarship)

The scholarship application must be submitted by 30. November (inclusive). The required documents must be submitted to the C210. Cabinet to Arita Toby, Chair of the Commission on Scholarships and Credits.

The criteria for determining the recipient of a scholarship are student activity and academic, research and community performance.

Scholarship Terms

The purpose of the scholarship is to promote the professional and career development of students of Latvian higher education institutions, incl. the development of professional skills and the productive growth of creative potential, as well as the attraction of the most talented and capable high school graduates to study electronics or management science. The initiator of the scholarship is HansaMatrix Ventspils SIA .

Scholarships are open to students who have fulfilled all their academic obligations, have no academic debt to the higher education institution in which they are studying, and who meet any of the criteria set forth in Section 5 of the Scholarship Regulations.

Scholarships are open to 2nd to 4th year students in Management and 1st to 4th year students in Electronics.

Scholarship winners are involved in HansaMatrix Ventspils Mentor School training and internships at the company.

The scholarship will be awarded to a maximum of two students for a period of ten months at a monthly cost of € 150.

Apply by October 25 (inclusive).

Applications must be submitted electronically in PDF format with the reference “HansaMatrix Ventspils Excellence Fellowship Application” . Applications must be submitted electronically to job-ventspils@hansamatrix.com .

Necessary documents

The grant applicant shall submit the following documents:

  • Cover Letter
  • CV;
  • Copies of Exams for Centralized Examinations Submitted to Higher Education (for 1st year students) ;
  • transcript of records since commencement of studies (applicable to 2nd-4th year students)
  • evidence of the student’s achievements during the last three years at Olympiads, competitions or other events which demonstrate the student’s initiative and creativity in the professional field;
  • proof of student participation in various science and research projects, student business incubator, etc. activities
  • proof of the student’s participation in various organizational social activities
  • letters of recommendation from tutors, mentors, mentors, etc.
  • any other information that demonstrates the student’s compliance with the criteria in Section 5 of the Scholarship Regulations.

A scholarship is awarded to a student who has demonstrated a high level of achievement, excellence, exceptional creativity and initiative in learning, science or research (this condition does not apply to high school graduates) , has achieved recognized results at Olympics, competitions or international has achieved remarkable success in other ways. Student excellence is also characterized by participation in various organizational activities of an organizational nature.

Scholarship Terms

Subscribe to our newsletter!

This post is also available in: Latviešu (Latvian)