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Cost of Study in Latvia

Did you know that Latvia invented denim pants and was the first nation in the Baltics to introduce 5G? Additionally, Latvia was ranked as the world’s top startup-friendly nation in 2021 by European venture capital firm Index Ventures. Is there a more ideal way to organise your studies than to come to Latvia, a creative and gifted nation? The nation draws foreign students from more than 60 nations throughout the world because of its reasonably priced, energetic, and varied student life. Let us examine the Latvian study guide. 

Tuition Fees 

Study expenses vary depending on the institution and the course of study being taken. The annual cost ranges from less than €1,600 for several bachelor’s degree courses (three to four years of study) to €15,000 for a five-year dentistry degree and €25,600 for an executive MBA degree. The average bachelor program’s tuition fee will be somewhere between €1,700 and €5,700 whereas postgraduate studies can reach up to € 17,000. Tuition at private colleges is sometimes more costly. 

In popular study areas, the approximate annual tuition prices are:  

  • Medical Care and Medication: €8,000 – €15,000 
  • Management & Business Administration: €2,000 – €6,000  
  • Technical: €2,700 – €3,500  
  • Computer Science: €1,800–€3,800  

Scholarships 

In addition to its magnificent natural surroundings and rich cultural heritage, Latvia boasts an illustrious past that fortifies its world-class educational system. Because of their strong basis in research and teaching, the nation’s universities are more desirable to both domestic and international students. 

Today, Latvia consistently offers its incoming and present foreign students an inexpensive, high-quality education. While studying in this nation, these students take advantage of a variety of possibilities and experiences. Grants and scholarships to Latvia are also available to support these international students who want to enrol in courses here. Some of the best scholarships are mentioned below:  

  • Liepaja University Scholarships for International Students

Scholarship Amount: €430 – €500/month 

Two categories of Latvian scholarships are available to students studying abroad. The Government of Latvia funds the first scholarship. As a recipient of government scholarships, Liepaja University also gives these awards to students of their choosing. The European Social Fund Scholarships are the second category of scholarships that the institution offers. Students pursuing a master’s degree in Information Technology and New Media art are eligible for this prize. 

  • Latvian State Scholarships

Scholarship Amount: €500/month for Bachelor’s and Master’s degrees; €670 for PhD students for one academic year  

International students from nations that have agreements with Latvia’s Ministry of Education and Science are eligible to apply for these scholarships. Students pursuing bachelor’s, master’s, and doctoral degrees are eligible to receive them.

  • Latvian Research Fellowship

Scholarship Amount: €30/day for personal expenses and €300/month for accommodation 

Eligible Degree: PhD degrees 

One of the greatest scholarships in Latvia for foreign students is the Latvian Research Fellowship, which is also a component of bilateral agreements the Latvian government has with other nations on collaboration in research and education. However, in contrast to the state scholarships, only foreign students conducting research are eligible to apply, and their research will be supported by the scholarship.

  • University of Latvia

Eligible Degree: Bachelor’s, Master’s, and PhD degrees 

Scholarships are available from the University of Latvia to these foreign students. One of the best scholarships in Latvia is the Patron Scholarship, which is available to residents of European and developing nations. The goal of these scholarships is to honour deserving overseas students as well as those who require financial aid for their education.

  • Turība University Scholarships for International Students

Scholarship Amount: Full tuition fee coverage/ €600 scholarship 

Eligible Degree: Bachelor’s degree 

International undergraduate students enrolled in any bachelor’s programme at Turība University are eligible for scholarships. Every international undergraduate student’s academic achievement is acknowledged, and scholarships are awarded to second, third, and fourth-year students. You may begin the application process on the website.

Accommodations 

  • Dorms/Hostels

The most affordable choices are student dorms or hostels, which range from 75 to 120 EUR per month. They are typically found close to college campuses and provide a community living environment. 

  • Rented Apartments

Apartments that may be rented for 250–350 EUR a month are available for people who value privacy. The location, size, and amenities all affect the price. 

  • Flat sharing

With monthly payments ranging from 100 to 200 EUR, sharing a flat with other students may drastically save expenses. This choice strikes a compromise between cost and privacy. 

  • Homestay

Living with a local family or in a house share arrangement costs around 100 to 200 EUR per month. This offers a fully-immersed cultural experience, frequently with meals included. 

Types  Costs 
Dorm  75 to 120 Euros per month 
Apartment Rent  250–350 Euros per month 
Flat Sharing  100-200 Euros per month 
Homestay  100-200 Euros per month 

Cost of Living in Latvia 

International students should expect to pay between 7,680 and 11,000 EUR per year on average for living expenditures in Latvia, depending on things like housing, food, transportation, and other personal costs. These numbers might, however, vary depending on personal circumstances and lifestyle decisions. Below is a summary of some of the major costs:

Types  Monthly Expense 
Food  150 – 250 Euros per month 
Transport  50-100 Euros per month 
Utilities  150 Euros per month 
Entertainment  100 Euros per month 
Health  300-500 Euros yearly 

Health Support and Insurance

International students must have health insurance in Latvia in order to enter the nation and continue their studies. Health insurance typically costs between 300 and 500 EUR per year. The length of the insurance policy and the level of coverage offered may have an impact on this expense. Medical services required for the treatment of diseases or injuries are often covered by health insurance coverage. Depending on the plan selected, the insurance may co-finance medical procedures, hospital stays, emergency services, and perhaps even dental care. 

Policies catered to the requirements of overseas students are offered by a number of insurance companies. These provisions, which offer a wider safety net for students, are in line with Latvian laws and are applicable across the Schengen region. In Latvia, students have the option of buying health insurance online or through insurance brokers. It is wise to shop around for the greatest deal on the necessary coverage by comparing several policies. Certain students may qualify for financial aid or scholarships that would pay for their health insurance. Exploring these choices is worthwhile to perhaps lessen the financial load.

Find Your Dream University 

If you are thinking about studying abroad and want to make sure the university best fits your profile, the experts at Manya – The Princeton Review have compiled vital data on the greatest international universities. This information will undoubtedly assist you in focusing your university search.

From more than a thousand institutions, you may get precise and reliable information about rankings, application costs, typical tuition, living expenses, scholarships, the most recent news, and much more. Additionally, you may look for universities by name, nation, or courses in popular specialisations including Computer and IT, Media and Communication Marketing, Agriculture, Physics, Finance, Business, Language and Culture, and Environmental Science. Manya – The Princeton Review provides comprehensive study abroad services, including career assessment, test preparation, and admissions counselling and English language instruction. 

FAQ's

Is Latvia a good place to study for Indian students?

Latvia is a great destination for Indian students seeking high-quality education abroad. The country has a welcoming atmosphere and a diverse community of international students, with 2,000 of the 2,500 Indian residents being students. Additionally, Latvia is ranked 27th in the Global Peace Index, indicating that it is a safe place to live and study.

What are some of the best courses to pursue in Latvia?

Some of the best courses in Latvia include the following: Biotechnology and Bioengineering, Computer Science, Business Administration, English, European Languages, and Business Studies, English Studies, Clinical Optometry, International Business, Physics, Mathematics and Data Science, Sports Science, Project Management, and Chemistry.

Do Latvians speak English?

In Latvia, English is a common language. Most of the time, it will aid in your mobility. Even though Russian is also widely spoken throughout the nation, Latvian is the official language.

What is the number of intakes in Latvia?

Indeed. In Latvia, there are two main intakes. Intake throughout the winter and spring.

Does Latvia require the IELTS?

No, a student may choose to base their studies on their medium of instruction (MOI). Learning in Latvia does not need the IELTS exam.

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