Living expenses

  • The student him/herself is responsible for covering the following cost items:

    • travels (EM scholarship-holders will receive a travel allowance, if applicable)
    • passport, visa and residence permit
    • accommodation
    • food
    • public transportation, if applicable
    • study materials (books…)
    • etc.

    *The following prices are merely indicative:

    Living expenses approximately Budapest Madrid Bordeaux

    Accommodation (private market) /

    month

    160 000 – 250 000 HUF

    ca. 400-500 €

    400 – 500 € 300 – 600 €

    Public transportation /

    month

    3450 HUF

    ca. 10 €

    20 – 50 € 33 – 40 €
    1 meal (at university)

    1500 – 2500 HUF

    ca. 3.5-6.5 €

    1 – 5 € 1.5 – 5.5 €

    Budapest

    Madrid

    Bordeaux

    Currency

    The Euro (EUR, €) is the official currency of the eurozone: 17 of the 27 member states of the European Union (EU). France and Spain are part of the eurozone. It is also the currency used by the EU institutions, and will be used by the EACEA for the delivery of scholarships.

    The Hungarian Forint is the currency of Hungary. The currency code for Forint is HUF, and the currency symbol is Ft.

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