In view of the early start of the school year, private universities in Cyprus are actively attracting entrants. In recent years there has been a significant increase in the number of students in private universities, which today are five: the University of Nicosia, the European University, UCLan, Frederick and Neapolis.
In them on baccalaureate programs about 9 thousand people are trained. Of these, about two thirds are Cypriots, while the lion's share of the rest is Greek. A small number of students come from other EU countries and third countries.
According to the business portal StockWatch, the cost of one year of study in a bachelor's degree in Cyprus universities is approximately 6-9 thousand euros. Bachelor's programs are designed for four years. The most expensive training is at the University of Nicosia and the European University: 8 700 and 8 600 Euro per year, respectively. They are followed by UCLan (8 500 euro), the Open University of Cyprus (7 000-8 400 euro) and Frederick (8 160 euro). The most accessible training is in the Paphos University of Neapolis: 6 500 a year.
Students of private institutions of higher education can receive discounts on tuition depending on the grades in the school certificate. For example, those whose average score is 19 from 20, can receive a scholarship of up to 75% of the cost of training. In addition, discounts are given to students from low-income families.
Training in public universities - the University of Cyprus and the Technological University (TEPAC) - is free. The state pays universities 3 418 euro per year for each undergraduate student.
In June 2018, the Ministry of Education of Cyprus set the maximum level of increase in tuition fees in private universities at the level of 0,75% of the current rates.
The most popular among students of Cypriot universities are specialties related to business, law, health and medicine, as well as engineering and social studies.