Tuition fees
The fees for our undergraduate programs for the 2017-2018 academic year are as follows:
| Undergraduate program | Yearly fee |
| Bachelor in Business Administration – BBA. English | €19,800 |
| Bachelor in Business Administration – BBA with Language Proficiency Track | €21,800* |
| Bachelor of Laws – LL.B. English | €19,800 |
| Bachelor of Laws – LL.B. – with Language Proficiency Track | €21,800* |
| Bachelor of Laws + LLM at Northwestern University | €19,800** |
| Dual Degree Bachelor of Laws + LPC (at The University of Law) | €19,800 |
| Bachelor in Psychology – English | €19,800 |
| Bachelor in International Relations – English | €19,800 |
| Bachelor in Information Systems Management– English | €19,800 |
| Bachelor in Politics, Law and Economics – English | €19,800 |
| Bachelor in Design – English | €19,800 |
| Bachelor in Communication – English | €19,800 |
| Bachelor in Architecture – English | €19,800 |
| Dual Degree Bachelor in Business Administration + Bachelor of Laws – English | €20,800 |
| Dual Degree Bachelor in Business Administration + Bachelor of Laws – Gradual: Spanish to English | €20,800 |
| Dual Degree Bachelor in Business Administration + Bachelor in International Relations – English | €20,800 |
| Dual Degree Bachelor of Laws (LL.B.) + Bachelor in International Relations – English | €20,800 |
| Dual Degree Bachelor of Laws (LL.B.) + Bachelor in International Relations – Gradual: Spanish to English | €20,800 |
* You will only have to pay an extra fee of 2.000€ for the Language Proficiency Track during the first year
** + Northwestern´s Fees (fourth year)
Other relevant fees for the 2017/2018 academic year are as follows:
| Admission fee | €120 |
| Place reservation fee | €1,500 |
| Credit recognition fee for transfer students | €100 /credit* |
The enrollment fee of IE University is calculated based on the amount of credits the student takes. The fee for each credit (ECTS-European Credit Transfer and Accumulation Systems) is 325€.
This means that a full university degree, for example the Bachelor in Business Administration, which is composed of 240 credits (ECTS) over four years would follow as such: One year of study= 60 credits, 60 ECTS x 325€ = 19,500€
For those studying a Dual Degree, the previous calculation does not apply, since IE University compensates for the excess in credits, with the final price being 20,500€ per year. The enrollment fees are maintained in all four or five years of study, with the exceptions of corresponding changed in the CPI.
Other prices of interest for the 2017/2018 academic year are the following: Contribution to IE Foundation: Students will make this contribution every year while formalizing their enrollment: 300€.
Admission fee: 120€
*Standard fee. Transfer students are entitled to special reductions.
For any questions you may have about fees, please contact the Admissions Department.
ACCESS TO IE FINANCIAL AID PROGRAM
ProgramPayment Methods
Payment methods for admissions fees
Payment can be made in advance:
1. In cash at the Admissions Department, at any time or during any of the events (open days, insight sessions, etc.).
2. By bank transfer (see below for bank details). Please include:
a. The full name of the student.
b. What the payment is for: “Admission Fee”
3. By taking or sending a check made out to “IE Universidad” to the Admissions Department
If you are taking IE University’s own admission test, you can also pay the admission fee in cash or by credit card or check when you take the test.
Payment methods for the place reservation fee
Payment can be made:
1. In cash or by credit card (VISA, MasterCard, American Express) at the Administration Department at the Segovia or Madrid campuses.
2. By bank transfer (see below for bank details). Please include:
a. The full name of the student and undergraduate program.
b. What the payment is for: “Place Reservation Fee”.
3. By taking or sending a check made out to ”IE Universidad” to the Administration Department.
Payment methods for tuitions fee
We provide students and their families with several options:
1. A single payment for the full academic year, which should be made by October 2nd.
2. Payment for the full academic year in 3 installments.
⎯ 40% by October 2nd.
⎯ 30% by January 2nd.
⎯ 30% by April 2nd.
3. Payment for the full academic year in 8 installments. You are invoiced for 8 tuition fees, which are collected on the second of the month from September to April.
Payment methods for tuition fees
1. In cash at the Administration Department on the Segovia or Madrid campuses.
2. By bank transfer (see below for bank details). Please include:
⎯ The full name of the student and undergraduate program.
⎯ What the payment is for: “Full academic year” or “part payment”.
3. By taking or sending a check made out to IE University to the Administration Department.
4. Payment for the full academic year in 8 installments is by Direct Debit and it is only available to accounts within the Single Euro Payments Area (SEPA). The following data must be sent to the Administration Department:
⎯ Details of the bank account number, including International Banking Account Number (IBAN) and Bank Identification Code (BIC).
⎯ A scanned copy of the SEPA form, filled out and signed.
IE University bank details
MADRID CAMPUS
BANCO POPULAR ESPAÑOL
MIGUEL ÁNGEL, 16
28010 MADRID. ESPAÑA
C.C.C. 0075 1043 8106 0056 4862
IBAN: ES83 0075 1043 8106 0056 4862
BIC: POPUESMMXXX
SEGOVIA CAMPUS
BANCO SANTANDER
PLAZA DE MANUEL GOMEZ MORENO, 2
28020 MADRID. ESPAÑA
C.C.C. 0049 1811 3622 1046 3668
IBAN: ES16 0049 1811 3622 1046 3668
BIC: BSCHESMM
Important warning regarding bank transfers: The transfer receipt should be sent to the following email address: ieuadministracion@ie.edu
Administration Department addresses
Segovia campus:
IE University
Departamento de Administración
Cardenal Zúñiga, 12
40003 Segovia
Spain
Madrid campus:
IE University
Departamento de Administración
María de Molina, 4, 3ª planta.
28006 Madrid
Spain
Information on fees for students transferring or changing program
Flexible and personalized studies are part and parcel of IE University’s educational model. In some cases, provided the Director of the undergraduate program feels the student’s profile is suitable for the program, we offer flexibility, allowing students to change program (and format) if they find their vocation is not what they thought it was going to be and we help them to change to another study plan. This may affect the number of subjects and credits that the student will have to study over the course of the undergraduate program to which they are transferring and, therefore, the cost of tuition fees.
Similarly, IE University welcomes students with the right profile who started their undergraduate studies at another university and who decide to continue with us precisely as a result of the flexible, personalized, international model we offer. Students who transfer must adjust the studies they undertook at the other university to their IE University study plan. We provide assistance through special fee prices to recognize the credits already taken. Transferring affects the structure of the student’s study plan and therefore the cost of the tuition fees.
FAQ
What is the admission fee?
It is the €120 fee which allows our candidates to begin the admission process. Although you can begin the admission process for IE University by filling in our online application, payment of the admission fee gives you the right to take the admission test and to have the suitability of your profile for study at IE University assessed by the Admissions Committee. Due to its nature, this fee cannot be refunded under any circumstances.
What is the place reservation fee?
The place reservation fee is an advance payment of €1,500 on the tuition fees whereby a candidate who has already been admitted to IE University reserves a place in one of the groups on the undergraduate program for which they have been accepted. Although the student will have to complete the administrative side of the enrollment process at the university’s General Secretariat at a later date, once they have reserved their place they are already enrolled in practical terms and are considered students of the university. Once the group is full and has been closed, candidates who have been accepted and have reserved their place are included in the official list of students enrolled on that undergraduate program.
What does the student have to pay after the place reservation fee?
The place reservation fee is deducted from the cost of the tuition fees. From the financial perspective, it is an advance payment on the cost of the tuition fees, not an additional amount. What then remains to be paid, therefore, are the remaining tuition fees up to the total amount for the undergraduate program the student has enrolled on. If the student has been awarded a scholarship of any kind, this is also deducted.
When do I have to pay the place reservation fee?
The place reservation fee must be paid on receipt of the letter from the Admissions Department confirming the student has been accepted onto the program.
If the candidate has applied to the Financial Aid Office for a scholarship, they may wait until they receive the scholarship decision.
In accordance with IE University’s higher education model, we have small class groups in order to give students individual attention. This means that places are limited, so it is important not to wait too long to reserve your place and to do it before we close the classes and groups for your undergraduate program.
When do I have to pay the tuition fees?
You can pay your full tuition fees or the relevant part (depending on the method of payment you have chosen) as soon as you have paid your place reservation fee. The full payment or the part corresponding to the method of payment chosen should always be made by October 2nd of the academic year for which the student has enrolled.
