Wednesday, November 30, 2022

How much does it cost to get into the world’s best universities in Colombian Peso?

It is not surprising that many people dream of someday studying at the best universities on the planet, an almost impossible goal for some, due to the high cost it implies.

Earlier this month, QS firm, Quacquarelli Symonds published the 2023 edition of the QS World University Rankings, In which the best universities in Colombia and in the world are listed.

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Thus, the firm established, through various indicators, that three of the 5 best higher education institutions worldwide are located in the United States, and the other two are located in the United Kingdom.

In particular, it is about Massachusetts Institute of Technology (MIT), Cambridge University, Stanford University, Oxford University and Harvard University, in that order.

It is not easy to get study in these institutes. Starting from the high academic standards which they demand from their admitted students, passing through the high tuition costs.

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You should get money at one of these big-name universities:

1. Massachusetts Institute of Technology (MIT)

Mit (Vertical)

MIT is the best university in the world.

According to its latest data, MIT, the world’s best university specializing in engineering and exact sciences, had the average cost of tuition and fees. $58,740 per year. That, in Colombian pesos, is 236 million pesos.

However, students must take into account not only the value of tuition, but also other expenses that are approximately US $80,000 per year, i.e. 321 million pesosdivided like this:

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– Tuition US $58,740

– University Accommodation US $11,000

– Meals $7,000

– Materials and Books US $2,800

– Personal expenses US$2,500

– Student Fee US$368

2. Cambridge University


Cambridge University, the second best in the world.



Tuition fees at the University of Cambridge range from £9,250 to £58,038. Thus, the average cost for international students is £33,593 (165 million pesos). per year depending on the career chosen. For foreign students from outside the European Union, the UK Universities Ministry has stipulated that foreign students’ fees should be higher than for local students.

Now to live and live, eat and other expenses in Cambridge, A minimum of £12,300 per year (61 million pesos) is required, for a total of 226 million pesos. It should be noted that the price may be higher.

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3. Stanford University

Stanford University, one of the most outstanding in the world.

In the case of Stanford University, the average tuition cost is US$51,515 per year, i.e. about 207 million pesos. This cost can vary, for example, by parental income, a significant factor that can reduce the value of tuition.

Like the rest of the universities on this list, with support and living come costs. Overall, it requires at least US$82,265 per year (330 million pesos). Expenses are distributed as follows:

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– Tuition US$51,515

– Accommodation $16,500

– Meals US$8,900

– Books and Materials US $2,700

– Medical Insurance US$250

– Personal expenses US$2,400

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4. Oxford University

Oxford, among other listings, is listed as the best university in the world.


British universities are usually the cheapest, but they also have the highest demand for admission. If you manage to get selected you must know that The average fee for international students is £32,800 (161 million pesos) per yearThough it may vary depending on the caste selected.

It depends on each person’s lifestyle, so the cost of accommodation varies. Despite this, they would be spending every year on housing, food and other Approximately £14,850 (73 million pesos) per year for a total of 234 million pesos.

5. Harvard University

Harvard, one of the most famous universities in the world.

Finally, completed with Harvard, one of the top 5 most famous and important universities. there, Tuition costs can average US$51,143 (205 million pesos) each academic year. The total cost of room, food and other charges adds up to US$74,528 (299 million pesos).

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Despite this, the university maintains that more than half of its students receive scholarships as needed. Thus, students earning less than US$65,000 (261 million pesos) are not required to pay.

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