A University of London Degree in the English speaking island of Malta is perhaps something you had not previously considered and with tuition fees of €2700 respectively for year one and two of a 4 year degree programme, I expect you are now wondering why you have n’t.
Of course those tuition fees rise in year 3 and 4 , but only to €3700 per annum, which is also the annual tuition fee throughout if you elect do study a three year programme.
At today’s rate of exchange the cost of study in Malta in total is going to be less than the same study for a years study in the United Kingdom and that is great news for the British Students now heading there. British students will enjoy the Mediterranean culture and cuisine of the English Speaking islands, study for a UK Degree – that same as is delivered at home at a much lower cost – and still be just a 3 ½ hour flight away. Surrounded by outside living all year round, water sports, cycling , walking and living amongst one of the most historic and ancient parts of Europe, Malta is set to be a hit with British Students.
I think you will agree that these conditions combined with a British Degree and at those fees is a tremendous offer, but there is more - it could cost you 80% less through Malta’s ‘Get Qualified Scheme’ !!!!
More than 1,850 students have been approved assistance in the form of tax credits with a value exceeding €7 million through the Get Qualified scheme, which helps them further their qualifications.
Indeed, through the Get Qualified scheme administered by Malta Enterprise, students may get a tax credit amounting to 80 per cent of eligible expenses related to their studies, including registration fees, fees paid by the individual to the training or educational institution, as well as fees in relation to examinations.
The assistance is capped depending on the level of qualifications being attained, starting from €2,000 for courses which cannot attain an MQC level, to €3,500 for an undergraduate diploma, €12,500 for a bachelor degree, €15,000 for a post-graduate courses, and rising as much as €20,000 for doctorates.
Building on the previous myPotential scheme, which was however mainly addressed towards the ICT industry, the Get Qualified scheme has been widened to assist other economic sectors that have been flourishing in recent years and consequently need more trained workers.
Indeed, the Get Qualified scheme also assists students undertaking courses in sectors such as aviation; chemicals and pharmaceuticals; economics and statistics; financial services including banking and accountancy; crafts and creative industries; ICT; industrial electromechanical engineering; as well as courses related to the business process outsourcing, call centres and shared services industry.
Between the two schemes, over 3,300 students have already been granted more than €13 million in tax credits since the launch of the myPotential scheme in 2006 and its eventual replacement, the Get Qualified scheme.
While the tax credit will be granted upon successful completion of the course, the applications have to be submitted within 12 months from the commencement of the studies and in any case before the end of the course.
This means that Graduates of St Martin’s who successfully secure employment in Malta following their studies will be entitled to offset their tax upon production of a certificate granted to them upon successful application to the scheme. This would be an ideal way for students to finish off their study experience and take the first steps towards a successful career. Malta has several booming industries is particularly noted as a destination for education , shipping and logistics and boasts several world renowned names , HSBC for example, who are located there. Others such as SGS Thompson, a French company with an annual sales turnover of in excess of $1 billion are also located in Malta. Opportunities are many.
Unlike the maintenance scheme in the UK , which is a combination of debt and high tuition fees, Malta offers a low cost tuition fee and a rewarding incentive after graduation.
Through this scheme all ICT or financial services students of Study-International and St Martin’s Institute of Technology will get up to 80% (up to euro 12,500) of the total cost of Degree through a tax rebate. St Martin’s have confirmed that the schemes apply to British students as well and the scheme will be closed on 31st December 2013. Thus students are required to start the Degree course before the closing date.
St Martin’s offer degree programmes to UK students who apply through study-International in :
BSc Accounting & Finance (SMIIT SI 184)
BSc Banking & Finance (SMIIT SI 185)
BSc Computing & IS (SMIIT SI 180)
BSc Creative Computing (SMIIT SI 179)
BSc Economics & Management(SMIIT SI 189)
BSc IS & Management (SMIIT SI 181)
Mid September deadline
Application deadline is mid September 2012 for British Students applying through Study-International and 31st August 2012 for all other international Students.
Further Information
For further information, please visit St Martin’s Institute of Technology.
An application fee of €125 and registration fee of €950 are payable to the college but are costs that are eligible for this scheme.
Further information and the application for the Get Qualified scheme can be obtained from Study-International who will guide applicants through the process in partnership with St Martin’s Institute of Technology.
Study-International www.studyinternational.eu 0844 5555 480 malta@studygo.co.uk
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