Financial Planning

Managing Your Student Finances in Greece

Plan your budget effectively with this guide to tuition fees, living costs, scholarships, and financial requirements for studying in Greece.

Greece Student Money Guide

Plan tuition, living costs and funding for 2026-27

Monthly Budget Overview

EUR

AccommodationEUR 250 to EUR 600

Food & GroceriesEUR 3 a day

TransportationEUR 13.50 for 30 days

Utilities & InternetEUR 80 to EUR 120

Yearly Tuition, English-Taught Bachelor's

EUR 5,900 to EUR 17,000

English-taught bachelor's degrees at Greek public universities, 2026-27. Low: University of Macedonia (UoM) Accounting and Finance. High: medicine at the National and Kapodistrian University of Athens (NKUA). Prices are in euro (EUR).

Living Costs Calculator

Finance

Money Topics

Each page covers one part of your budget.

Tuition Fees

Complete breakdown of tuition costs across universities in Greece

Key information

Program-wise fee structure
Public vs private universities
Additional academic costs
Payment schedules and methods

Learn More

Living Costs

Comprehensive guide to living expenses and budgeting in Greece

Key information

Accommodation costs by city
Food and daily expenses
Transportation costs
Personal and entertainment budget

Learn More

Financial Proof

Documentation and requirements for proving financial capacity

Key information

Required financial documentation
Bank statement requirements
Sponsor documents
University-specific requirements

Learn More

Scholarships

Available scholarships and funding opportunities for international students

Key information

Government scholarships
University-specific funding
Merit-based opportunities
Application deadlines and process

Learn More

Student Jobs

Work opportunities and regulations for international students

Key information

Work permit regulations
On-campus job opportunities
Part-time work options
Post-graduation work rights

Learn More

Budget Overview

Plan Your Budget

Prices for 2026-27, in euro (EUR).

Monthly Costs

What students pay each month

Essential Monthly Expenses

Accommodation

EUR 250 to EUR 600

Renting a flat.

Food & Groceries

EUR 3 a day

All meals at an NKUA campus restaurant.

Transportation

EUR 13.50 for 30 days

30-day student pass in Athens.

Utilities & Internet

EUR 80 to EUR 120

Power, water and other bills for a flat.

Costs vary significantly based on location and lifestyle. Figures are estimates and subject to change.

Money Management

Banking in Greece

You need a Greek bank account for the EUR 650 bank deposit for your residence permit.

A Student Account Example

Ask each bank about its own student account.

National Bank of Greece (NBG)

One example of a student account in Greece.

Student Life account.
No money needed to open it.

Papers to Open an Account

Passport and residence permit, or study visa and the paper from your university saying you are a student.
Tax identification number (AFM) certificate.

Proof of your address, such as your rent contract, once it is registered with the tax office.
Student ID card or a paper from your university that shows you study there.

Money Transfer & Payment Methods

Options for receiving and sending money internationally

Money Transfer Options

Bank Wire Transfers

Traditional bank-to-bank transfers using SWIFT/BIC codes.

Secure

Reliable

Higher fees

Money Transfer Services

Services like Wise, Remitly, Western Union, and MoneyGram.

Lower fees

Better exchange rates

App-based tracking

Common Payment Methods

Cash

Keep some cash on hand for small purchases and emergency situations. ATMs are widely available.

Smart Financial Tips

Expert advice to help you manage your finances effectively while studying in greece

Saving

Eat at campus restaurants. At NKUA, all meals cost EUR 3 a day.

Get your student ID card for cheaper transport.

Money proof

For the visa, show at least EUR 400 for each month of study.

After you arrive, put at least EUR 650 in a Greek bank account and give a statement that this amount will be renewed. You need this for your residence permit (the card that lets you live in Greece while you study).

Banking

Get your tax number (AFM) before you visit the bank.

Cards are widely used, but carry some cash.

Pro Tips for greece

Currency Management

• Monitor exchange rates and transfer money when rates are favorable
• Use multi-currency cards to avoid conversion fees
• Keep some local cash (EUR) for emergencies

Local Financial Culture

• Learn about local tipping customs and practices
• Understand tax obligations for international students
• Explore local student financial support programs

Remember: Financial planning is key to a successful study abroad experience. Start planning early and don't hesitate to seek advice from financial advisors or your university's international student services.