Tuition & Cost of Living

Tuition & Cost of Living

Tuition fees

PROGRAM

ECTS DURATION PROGRAM START 2024
Preparation Program
Complete Program
n.a. 1 year
2 semesters
5480.00 per semester
Preparation Program
with German A2 or English C1
n.a. 1 year
2 semesters
4980.00 per semester
Preparation Program
no languages - academic program
n.a. 1 year
2 semesters
4480.00 per semester
BSc in Business Administration
Standard Track
180 3 years
6 semester
6390.00 per semester
BSc in Business Administration
Intensive Track
210 3 years
6 semester
7090.00 per semester
MSc in International Management
Standard Track
180 2 years
4 semester
7390.00 per semester
MSc in International Management
Fast Track
210 1,5 years
3 semester
7890.00 per semester
MSc in International Management
Part-Time Track
210 2,5 years
5 semester
7390.00 per semester
MSc in Global Logistics & SCM
Standard Track
180 2 years
4 semester
7390.00 per semester
MSc in Global Logistics & SCM
Fast Track
210 1,5 years
3 semester
7890.00 per semester
MSc in Global Logistics & SCM
Cooperations Track
180 2 years
4 semester
8390.00 per semester
MSc in Global Logistics & SCM
Part-Time Track
210 2,5 years
5 semester
7390.00 per semester
MBA in Leadership and Supply Chain Management 60 1,5 years
3 semesters
10583.00 per semester
Master in Sustainable Management and Operations 60 1,5 years
3 semesters
7467.00 per semester
Certificate in Sustainable Management and Operations 45 1 year
2 semsesters
7450.00 per semester

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Tax savings

In Germany, tuition can be claimed on tax returns and the tax savings can be used to partially finance students’ degrees.

All master’s degree students can claim all the costs of their degree program as anticipated income-related expenses before graduating and after completing their vocational training, and carry them forward over their time enrolled as cumulative losses – assuming they had no or very little income in that time. Loss carry-forwards make this possible: the losses that students incur because they are studying are offset from their incomes after graduation in subsequent years. This reduces the income for which taxes are due. The costs associated with the semester abroad and tuition are deductible.

It is only possible to take advantage of loss carry-forward if the degree program is a second degree (master’s degree after the bachelor’s or a bachelor’s degree after an apprenticeship). The costs of first degrees can be deducted as a special expense up to a limit of €6,000. Study-related expenses only have an effect in the same year and only result in tax benefits for people whose incomes are high enough that they actually pay income tax in Germany. The Federal Constitutional Court is reviewing the regulation regarding the costs of the first degree. For this reason, students should always claim their study-related expenses as income-related expenses on their income tax returns.

If students participate in the Brain Capital plan and defer payment of tuition fees, the fees can be deducted as soon as payment is initiated (outflow principle). 

*non-committal statement as KLU is not allowed to act as a tax advisor.

Costs of living

Students of the full-time programs should budget around 14,980 € per year of study (excl. travel expenses). An amount of at least 11,208 € per year has to be deposited or proven when applying for a student visa at German embassies or consulates.
Estimated expenses for a single person per year in Euro:

Health insurance

(if you are ≥ 30 years)

1,410 €

(2,400 €)

Liability insurance       60 €

Housing / accommodation

 6,600 €
Food, clothing, misc.  6,000 €
Textbooks (recommended)     800 €
Residence permit      110 € (extension 80 €)

Total (per year)

 

14,980 €

(15,970 €)

Students’ requirements may vary significantly depending on choice of housing, living or travel expenses. For further information check also the website Studying in Germany.