What is the minimum annual budget I should expect for a master's in Finland, including tuition and living expenses?
24 Sept 2026 · Answered by Yasika Choudhary · 1 min read
Quick Answer
verified
Budget a minimum of about 17,750 euros a year for a master's in Finland, combining roughly 8,000 euros in tuition and 9,600 euros in living costs, which matches the residence permit's minimum requirement. A more realistic figure for most students runs closer to 19,000 to 27,000 euros a year.
For a non-EU student, Finland's minimum realistic annual budget is around 17,750 euros, combining tuition and the living costs your residence permit requires you to show.
Minimum Annual Budget Breakdown
| Expense | Minimum Per Year | More Realistic Range |
|---|---|---|
| Tuition | 8,000 euros | 8,000 to 12,000 euros |
| Living expenses | 9,600 euros | 10,800 to 14,400 euros |
| Fees and miscellaneous | 150 to 300 euros | 300 to 600 euros |
Why The Minimum Is Set This Way
- Tuition range: Finnish universities generally charge non-EU students between 8,000 and 20,000 euros a year for English-taught master's programs.
- Residence permit requirement: Finland currently requires proof of 800 euros a month, or 9,600 euros a year, in living funds.
- Part-time work caution: official guidance warns that finding part-time work can be difficult, so do not plan your budget around a job you have not secured.
My Advice
Treat 17,750 euros as your absolute floor, not your target. If your tuition is above 8,000 euros or you are studying in Helsinki, plan closer to 25,000 to 28,000 euros a year to avoid running short mid-course.
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