Tuition Fee and Financial Support for the Master’s Degree
Master’s degree in Psychology: tuition fees and grants
Sigmund Freud Privatuniversität Wien’s Board of Directors sets the annual tuition fee for all degree courses at the beginning of the academic year. The annual fee is a combination of a basic rate and income-related payment.
Breakdown of the tuition fee and how it is worked out
The annual tuition fee for the Master’s Degree in Psychology consists of a basic rate and an additional payment that varies from student to student.
The basic annual rate for the Master’s Degree beginning in the 2023-2024 academic year and finishing in the 2024-2025 academic year is € 6.900.
The income-related payment ranges from no additional payment to a maximum of € 7.000 and is worked out as follows:
- Income of up to € 25.000: no additional payment
- Income from € 25.001 to € 40.000: € 1.000
- Income from € 40.001 to € 70.000: € 2.500
- Income from € 70.001 to € 100.000: € 4.500
- Income of over € 100.000: € 7.000
Students will be placed into a given category based on the ISEE (Indicator of Equivalent Financial Situation) (1) they submit when they enrol. Every year the ISEE certificate must be presented again. Students that do not submit a certificate will be placed in the highest income range.
What the fee includes
The annual tuition fee includes travel and accommodation expenses for the period of study in Vienna, on the dates set on the academic timetable.
Fee payment instalments
- 1st instalment € 1.600 > at time of enrolment
- 2nd instalment € 1.325 + 25% of income-related payment > by 30th November 2023
- 3rd instalment € 1.325 + 25% of income-related payment > by 31st January 2024
- 4th instalment € 1.325 + 25% of income-related payment > by 31st March 2024
- 5th instalment € 1.325 + 25% of income-related payment > by 31st May 2024
Two payment receipts will be issued, one for the first enrollment installment and one including the remaining 4 installments. Both receipts are increased by 2 euros per revenue stamp.
(1) Ordinary ISEE (Indicator of the Equivalent Economic Situation).
In case of separated, divorced or non-cohabiting parents, it is necessary to provide the ISEE of both parents.
Other documents or ways of certifying income will be submitted to the unquestionable evaluation of the Management.
ÖH Student insurance: compulsory annual insurance, for the a.y. 2023-2024 the cost is 42.40 euros (recalculated every year).
The amount will be charged in addition to the tuition fee.
[CALL FOR GRANTS ARE TO BE UPDATED]
For the most deserving students planning to enrol on the first year of the master’s course in psychology for the 2022-2023 academic year, Sigmund Freud University will be offering:
- 3 grants covering the entire basic annual tuition fee
- 1 grant covering the 50% of the basic annual tuition fee
Grants are awarded to the first 4 students in the ranking who obtained a Bachelor’s degree in Psychology in the 2022-2023 academic year and who enroll in the first year of the Master’s degree course in Psychology in the a.y. 2022-2023.
Requisites for applying for a grant
Students must meet the following requisites to apply for a grant:
- a Degree in Psychology graduating in 2021-2022 (excluding students who have failed to complete the course within official deadline) after attending an L-24 Bachelor’s Degree course or equivalent. Student must have a grade of 1.99 for a degree from Sigmund Freud University or no less than 99/110 for a degree from an Italian university.
- have successfully passed the admissions interview for the first year of the Master’s Degree in Psychology for the 2022-2023 academic year
- ISEE certificate
Students will be included in the rankings provided they apply by 8th September 2022.
The rankings are worked out based on the degree grades. If students have the same grades, preference will be given to the student in the lower ISEE category.
Awarding the grants
The rankings will be published on the website on 12th September 2022 and the grants will be awarded as follows:
- The top three students in the rankings will not have to pay any of the basic annual tuition fee
- Students ranked fourth will only have to pay 50% of the basic annual tuition fee
Students who have been awarded one of the grants but have not yet enrolled must do so by no later than 15th September 2022.
The rankings will be published again on 18th September 2022, excluding those students who have failed to complete their enrolment. The new rankings will determine which students are awarded a grant.
Renewal of grants of following years
Grants awarded for the 2022-2023 academic year will be confirmed for the second year of the course provided the student in question (at the end of the autumn examination session for first year studies) have an average grade of 1.3 or lower.(2)
(2) Examination results at Sigmund Freud University are given on the Austrian scale from (fail) to 1 (very good).