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Document sufficient funds

Applicants to UiB's master's programmes from outside the EU/EEA must document that they have sufficient funding to live in Norway.

Hovedinnhold

How much to document

The amount you must document in the autumn 2021 admission is NOK 126 357.

This is equivalent to the expected living costs for a student in Norway for one year.

How to document sufficient funds to UiB

Master's degree applicants must document sufficient funds with one of the following:

  • A bank statement showing that you have NOK 126 357 in your bank account
    • The bank statement cannot be more than three months old.
    • The bank statement can be in any currency. Use a currency converter to find what this amounts to in your currency.
    • All documentation must be in English or come with an English translation.
  • A sponsor guarantee letter and a sponsor’s recent official bank statement showing NOK 126 357
    • Anyone can be your sponsor, including family members.
    • The letter must state that the sponsor will support your stay in Norway financially with at least NOK 126 357 and the letter must be signed. You can use any format.
    • The bank statement cannot be more than three months old.
    • The bank statement can be in any currency.
    • All documentation must be in English or come with an English translation.
  • A scholarship, stipend or student loan confirmation
    • A letter confirming that you are eligible for a scholarship, stipend or student loan from your home country, how much you will receive and from which institution.
    • All documentation must be in English or come with an English translation.

What is the process if I am offered admission to UiB

1. Document funds when you apply to UiB

Read more on how you do this above.

2. Document funds when you apply for a student residence permit

If you are offered admission to UiB, you must document to the Norwegian Directorate of Immigration (UDI) that you have the sufficient funds to apply for a student residence permit for the first year of study in Norway. See the required amount at the top of the page.

It is not possible to open a Norwegian bank account from abroad. This means that you must transfer money to the student deposit account organised by the Student Welfare Organisation in Bergen (Sammen), for the purpose of applying for a student residence permit to UDI. UiB will provide detailed information on how to do this. Make sure you don't transfer money to the student deposit account until you receive the necessary information from UiB as the transaction needs to include your unique identification code.

You will receive a confirmation of your deposit, normally within 5 working days after the transaction is complete. This confirmation must be included in your application for a student residence permit.

3. Your money will be returned to you

Your money will be tranferred back to you once you have completed the follwing steps:

  • received a student residence permit
  • arrived in Norway
  • completed the necessary registration for new students
  • open a Norwegian bank account
  • inform Sammen about your bank account details and request a tranfers of funds

4. Document funds when applying for renewal of student residence permit

When you apply for a renewal of your student residence permit after one year in Norway, you must be able to document that you can cover your living costs for one more year. Note that the amount is slightly adjusted every year to account for inflation.

You can document this with a bank statement from your Norwegian bank. A transfer to the deposit account will not be necessary.

Why do I have to document funds

Requirements from immigration authorities

UiB does not charge tuition fees, but applicants are still required to document that they have sufficient funds to cover living expenses for the first year of study in their application for admission to UiB. If you don't submit this documentation, your application will be rejected.

The reason for this is that the Norwegian Directorate of Immigration (UDI) requires students who need a student residence permit to document sufficient funding by transferring money to a Norwegian bank account. If you can't, you will not be granted a student residence permit and you will not be able to live in Norway to study.