We will use this article to discuss some of the low tuition universities in Monaco, average cost of living, admission requirements and visa application. Monaco is situated on the beautiful Mediterranean coast of France with a population of about 40,000 people. This small nation is popular for its tourism, hospitality, and of course the popular Formula One racing event.
Sadly, several people just do not know where to place Monaco. Similar to San Marino, which is an independent state inside Italy, Monaco is an independent city-state associated with France.
International students should definitely choose Monaco and get a feel of what’s on the other side of the world. To put things in perspective, the most popular university here is renowned for its business courses related to all things sports, tourism and Management programs. This MBA is a top rated one across the globe.
Population Count: 38,499 (2016) World Bank
Currency Used: Euro
Why You Should Study in Monaco?
Besides the amazing opportunity to learn first hand how a first class tourist industry is established and run, international students arriving to study in Monaco would have the fantastic opportunity to take up marine life courses.
The top rated tertiary educational standard allows local and international students the opportunity to learn the history of a unique and dignified country, endowed with abundant natural and cultural resources.
Cost of living in Monaco
Well, well ,well Monaco is sometimes referred to as the ‘Playground of the rich.’ This is reflected in the very high cost of living. For instance rent for apartments is about 85% higher than in Paris the French capital.
And in comparison to London in the UK, the cost of rent is roughly 76% higher in Monaco. And don’t forget London is actually one of the most expensive cities to live in. That puts Monaco in a different class as far as the cost of living is concerned.
Along with the cost of living is the high standard of living. So for those who can afford to rent a room in Monaco, they would definitely enjoy a quality of life fit for royalty.
However, students are able to commute from outside Monaco to school. For instance, the community of Beausoleil is just about 5 minutes drive from Monaco.
So unless budgetary constraint is the least of your concern, living in Monaco is out of the question.
In line with the high cost of living, tuition fees in Monaco tertiary institutions are considerably high in comparison with other European nations.
Tuition fees in Monaco typically vary according to the institution, program and whether or not the student is an international student. On the average though, tuition fees start around $8000 per academic session.
The International University of Monaco charges on average about €10, 500 per session for undergraduate courses.
You would need a visa study in Monaco. However, there is a difference between visa requirements for living in Monaco and living in France.
Monaco student visa
In order to get a student visa to live and study in Monaco, you need to go to the online visa application portal. Follow these steps shown below:
- English speakers do well to click on the British flag to get an English version
- Then select ‘Visit France’
- Next, select ‘where do I apply’
- Chose your country and the nearest French embassy to your location
- Click ‘Visa section’
- Then select ‘Visa for Monaco’ and ‘Long stay student’
- Then download the application form and fill it
- Documents required for Visa
- Proof of enough funds to live in Monaco
- Your police record of the last two years
- Proof you have a place to stay in Monaco
- Valid passport
- Birth certificate and marriage certificate (if applicable)
- Admission letter from the University.
- Medical insurance
- 4 passport sized photographs
- Submission of completed form
Once you’ve finished filling the form, put it together in a file with all the required papers and documents and submit it to the French embassy nearest to you.
All international students are encouraged to apply for a residency visa when they arrive in Monaco. The residency visa can be gotten from the Police Center in Monaco.
At the Police Center, do well to request for an official file and a date to meet with the visa inspector who would take you through the process of obtaining your residency visa.
the documents shown below are required in order to get a residency visit:
- All the documents required for a student study visa (above)
- Your Monaco visa
- Student card
- Passport photographs
Students living in France
If you wish to live in France while studying in Monaco, you have to get a long-term visitor visa known as VLS-TS. It is valid for one year.
Universities/Tertiary institutions in Monaco
1.The International University of Monaco is a top rated tertiary institution in Monaco. The University offers undergraduate and graduate programs in business and business administration.
The university is popular around the world for its excellent low tuition/ affordable MBA program.