Undergraduate Programs: The tuition fees for undergraduate programs in Taiwan range from approximately 50,000 to 70,000 New Taiwan Dollars (NTD) per year for public universities. Private universities may charge higher, typically between 80,000 to 120,000 NTD per year.
Postgraduate Programs: For master’s and doctoral programs, the annual tuition fees can range from 60,000 to 120,000 NTD in public universities. Private institutions might charge up to 200,000 NTD per year, depending on the field of study.
MBA Programs: Tuition fees for MBA programs in Taiwan can vary widely but generally range from 200,000 to 400,000 NTD for the entire program.
It is important to note that programs in medicine, art, and business often have higher tuition fees compared to other fields.
On-Campus Accommodation: Most universities in Taiwan offer on-campus dormitories, which are the most cost-effective option for students. Prices can range from 12,000 to 20,000 NTD per semester.
Off-Campus Accommodation: Renting an apartment or sharing a room can cost anywhere from 6,000 to 15,000 NTD per month, depending on the location and amenities. Taipei, being the capital city, has higher rental costs compared to other cities like Taichung or Tainan.
Food: Eating out in Taiwan is quite affordable, with meals at inexpensive restaurants costing around 100 to 150 NTD. Groceries for a month would typically cost about 4,000 to 6,000 NTD.
Transportation: Taiwan has an efficient public transportation system. A monthly pass for the metro or bus ranges from 1,200 to 1,500 NTD. Bicycles and scooters are also popular modes of transportation among students.
Healthcare: While Taiwan’s National Health Insurance covers most healthcare services very affordably, international students are advised to have additional health insurance. Basic health insurance plans for students can cost around 500 to 1,000 NTD per month.
Personal Expenses: Personal expenses can vary widely but budgeting around 3,000 to 6,000 NTD per month should cover costs such as mobile phone bills, leisure activities, and miscellaneous items.
Taiwan Scholarship: Offered by the Taiwan government, this scholarship covers tuition and provides a monthly stipend of up to 20,000 NTD for living expenses.
University Scholarships: Many universities in Taiwan offer their own scholarships based on academic merit or financial need. These scholarships can cover a portion of the tuition fees or provide a stipend.
Research Grants: For postgraduate students, research grants are available which can help cover the costs associated with research projects or academic conferences.
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