Financial information What does it cost to study at the HSG?
Accommodation
Students’ living costs vary according to their lifestyles. On average, our foreign students’ annual expenses amount to approximately CHF 27,000–28,000.
We do not offer on-campus housing. Generally, students share an apartment or rent a small one. If students share an apartment, they can obtain a single bedroom from CHF 500 upwards per month. Rents for small private studios range from CHF 650 upwards per month. The HSG’s Student Mobility offers a limited number of rooms in a student residence against a brokerage fee. Interested students should contact us as early as possible (exchange@unisg.ch). Rooms and apartments can be found on these websites: www.wgzimmer.ch www.students.ch www.myunisg.ch
Tuition fees Tuition fees per semester as from Autumn Semester 2014 Application and administrative fee Tuition fee per semester for foreign students Bachelor’s Level Master’s Level
CHF
250
CHF CHF
3,126 3,326
The visa process
Food
Most students who come to Switzerland must obtain a visa prior to entering the country. It may take several months for a visa to be issued. Please contact the Swiss Embassy in your home country at an early stage to find out about the relevant procedures and documents to be submitted. In most cases students must prove that they have sufficient financial means for their stay in Switzerland. Therefore they will have to transfer money (currently CHF 24,000) into a Swiss bank account and submit the bank statement with the other documents to the embassy to obtain the visa. Please note that you will need this amount during the first year, and make sure that you can finance the following years as well. www.eda.admin.ch
A regular menu at the on-campus cafeteria costs about CHF 8. Students can find all kinds of restaurants and snack bars in town. Regular lunch menus are priced from around CHF 15 upwards. In the fast-food outlets such as McDonald’s and kebab stands, menus are more favourably priced.
Health insurance Various items of information about moving to St.Gallen and about health insurance schemes for foreign students can be found on the website of the City of St.Gallen. Students are required to take out a Swiss health insurance unless the Swiss authorities accept their original one. Costs start at around CHF 100 per month. www.stadt.sg.ch
Travelling Enrolment Services Our Enrolment Services assist international students with immigration formalities, with general issues related to settling down in St.Gallen and with problems during their early days at the HSG. www.enrolment.unisg.ch
62 www.unisg.ch
In Switzerland, travelling by public transport is very convenient and is encouraged. Students are advised to obtain the Swiss Federal Railway half-fare card in order to save 50% on all tickets. It is available for CHF 175 and valid for one year.