Center for Economic Research and Graduate Education – Economics Institute

 

Tuition and Financial Support

There is  no application fee to the PhD in Economics program. Nearly all students are awarded full tuition waiver for the entire duration of their MA/PhD program.  Students also typically receive financial support toward living costs based on their previous education (degree level) and qualifications.

Tuition

CERGE-EI Financial Support

Other Possibility of Financial Support (Visegrand Fund Scholarship)

Tuition for PhD in Economics Program

For those students who are charged tuition for the first two years, the amount is set on an individual basis and is up to 16,400 USD per academic year. Tuition is to be paid each semester by the first day of classes. For details and payment instructions, please This email address is being protected from spambots. You need JavaScript enabled to view it. .

Financial Support for PhD in Economics Program

Students typically receive financial support toward living costs based on their previous education (degree level) and qualifications. Masters degree holders are usually given full financial support. There is no need to apply for the financial support separately.

Stipend

  • A stipend is paid from the first to the fourth year of study. Fifth-year students may receive funding in the form of a salary (as they are usually employed as Junior Researchers at Economics Institute or at CERGE-EI).
  • The total support package is reviewed each year and is set at a level that enables students to afford a dormitory place, eat in the student cafeterias, and cover reasonable incidental expenses in Prague.
  • The package is neither intended nor sufficient for a student to support a family while studying at CERGE-EI.
  • The level of performance stipend rises over time (the exact amount depends on academic performance and other study requirements, such as fulfilling assistantship duties).
  • The stipend is paid monthly in Czech crowns (CZK).

YEAR

STIPEND

1ST year

Standard amount approximately 7,100 USD per year 
This amount may increase up to 7,700 USD per year if the student shows outstanding performance or be lowered to the minimum amount of 5,000 USD per year if the student does not fulfill the academic requirements.

2ND, 3RD year

Standard amount approximately 7,700 USD per year
This amount may increase up to 8,300 USD per year  if the student shows outstanding performance or be lowered to the minimum amount of 5,000 USD per year if the student does not fulfill the academic requirements.

4TH year

Standard amount 6,000 - 7,700 USD per year *
This amount may increase up to 11,000 USD per year on the basis of outstanding performance or be lowered to the minimum amount of 3,500 - 5,300 USD per year if the student does not fulfill the academic requirements.

* In addition to the standard amount, most students in the fourth year receive an Advanced Student Fellowship, such as a Teaching Fellowship (2,400 USD per course), during the year.                                         

Insurance

All students from NON-EU countries are required to have insurance coverage for medical expenses while in the Czech Republic. CERGE-EI covers the Comprehensive Medical Insurance for its 1st-4th year full-time students. Comprehensive Medical Insurance meets all the conditions of the Act on the Residence of Foreigners on the Territory of the Czech Republic.

Reimbursement

CERGE-EI also reimburse part of the travel pass to students who are older than 26 years as well as residence permit fee for its 1st-4th year full-time students.

Accommodation stipend

All Charles University full-time students are eligible to apply for Charles University accommodation stipend that helps to cover part of the living expenses.

Financial support for students with Bachelor's degree

The financial conditions described above apply only to students who obtained a Masters degree or its equivalent prior to coming to CERGE-EI. Financial support for students with a Bachelors degree or equivalent will be determined on an individual basis. Students who have only a Bachelors degree may want to consider applying to the Joint Masters in Economics program.

Other Possibility of Financial Support for PhD in Economics Program

Visegrad Scholarship Program

Applicants from selected countries (Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Georgia, Kosovo, Macedonia, Moldova, Montenegro, Russia, Serbia and Ukraine) are encouraged to apply for additional scholarship at Visegrad Scholarship Program.  

The International Visegrad Fund offers Master’s and Post-Master’s schol­ar­ships awarded to selected schol­ars for peri­ods of 1 or 2 semes­ters.

Applicants whose cur­rent (i.e., at the time of apply­ing) uni­ver­sity is fur­ther than 1,500 km from the selected host university/institute are eli­gi­ble also for a one-time travel grant.

For more information please see http://visegradfund.org/scholarships/.