Study at John von Neumann University, Kecskemét from just €3,000/semester. No IELTS. No collateral. GlobCred covers tuition, dormitory and living costs.
Hungary is an EU member state with world-class infrastructure, outstanding safety, and a cost of living a fraction of Western Europe with the same quality education. JvNU sits in the heart of Hungary's industrial corridor, with direct ties to Mercedes-Benz and Knorr-Bremse.
GlobCred works with licensed lending partners to offer structured fee loans. The following plan is currently available for applicants from Ghana.
| Payment | Loan Repayment | Monthly Fee | Total |
|---|---|---|---|
| Instalment 1 (Advance) | $833 | $166 | $999 |
| Instalment 2 (Month 2) | $833 | $166 | $999 |
| Instalment 3 (Month 3) | $833 | $166 | $999 |
| Instalment 4 (Month 4) | $833 | $166 | $999 |
| Instalment 5 (Month 5) | $833 | $166 | $999 |
| Instalment 6 (Month 6) | $835 | $166 | $999 |
| Total | $5,000 | $990 | $5,990 USD |
Important Disclosures
· Loan approval is subject to final verification by the lender.
· Incorrect or incomplete information may result in cancellation of the facility.
· In case of loan rejection, payments will be refunded less facilitation fees.
· Funds are paid directly to the university no amounts are transferred to the applicant.
· GlobCred does not guarantee loan disbursal; final credit decision rests with the lender.
John von Neumann University (JvNU) students can access up to $5,000 student financing through GlobCred. This covers high tuition, dormitories, and living expenses in Hungary.
JvNU is a strategic partner of Mercedes-Benz, offering unparalleled vehicle engineering and business practical experience in Kecskemét, Hungary.
Students under 25 in Hungary benefit from a 0% personal income tax rate, allowing you to save more from your part-time work earnings compared to other EU nations.
JvNU offers an Internal Language Test, meaning international students can secure admission without an expensive or time-consuming IELTS or TOEFL certificate.
Transparent, all-in pricing for Year 1 no hidden fees.
| Item | Amount |
|---|---|
| Tuition (most BSc / MSc) 2 semesters | €6,000 |
| Tuition (MBA) 2 semesters | €7,200 |
| Dormitory 2 semesters | €2,000 |
| Application Fee (one-time) | €200 |
| Living Expenses (approx.) | €900 |
| Health Insurance (per year) | ~€180 |
| Estimated Year 1 Total (BSc) | ~€9,200 |
Dormitory updated to €1,000/semester from September 2026. Application fee paid only after a successful interview.
From first enquiry to first day on campus a clear, guided process.
The Hungarian Type-D student visa has a transparent, manageable process. Timeline: 30–60 days from submission.
Apply through GlobCred to activate your funding and get guided support through the entire process from application to arrival on campus.