If I do not opt for scholarships, can I fund my studies with my own money or savings? How much budget should I plan for in Germany/Italy for a Master's?

Yes, you can fund your studies in Germany or Italy using your own savings. Here’s what you should budget for a Master's in Economics:

Germany
- Tuition: €0 - €1,500/semester (public universities)
- Living expenses: €900 - €1,200/month
- Visa financial proof: At least €11,904 for the first year (subject to change)

Italy
- Tuition: €900 - €4,000/year (public); €10,000 - €20,000/year (private)
- Living expenses: €900 - €1,500/month (major cities); €700 - €1,200/month (smaller cities)
- Visa financial proof: Around €6,000 - €7,500/year (subject to change)

Total estimated yearly budget:
- Germany: €12,000 - €15,000
- Italy: €12,000 - €35,000, depending on university and city

These figures are typical and may vary based on lifestyle, university, and location. If you need help planning your budget or next steps, contact your LeapScholar counsellor.