GI Bill for a Master’s Degree in Europe

Josh is a former US Marine from Florida who now studies International Relations at the University of Warsaw in Poland.  His first international exposure came during his years of overseas duty. His posting to the Marine Corps Embassy Security Group  really increased his interest in higher education and stoked a desire for continued international experiences.  He also met his now-wife while serving at the US Embassy in Warsaw.  Josh’s studies are financed through the GI Bill which, until recently, I didn’t realize could be used to fund grad school in Europe (more info here)!

masters europe gi billWhy Are Veterans So Well Suited for Grad School in Europe?

  • Through their service, they’ve gained international exposure.
  • They tend to be older and more mature than typical college students in the US.
  • Their benefits really are confined to state schools in which they live or have residency, since $23,672 won’t go very far for towards out of state or private school tuition.
  • They also tend to know what they want to study, so Gen Ed requirements may seem like a waste of time.
  • Their experience in the military has taught the skills needed to deal with bureaucratic processes that are often involved in studying abroad.

What Are the Benefits Under the GI Bill?

Post 9/11 bill-varies based on the amount of time served after 9/11. Those who had active duty for 3 months get 40% of benefits up to those who served for 3 years who get 100% of benefits.

100% of benefits include:

  • Full tuition for in state and up to $23,672 for out of state or private or international (vets can get in state tuition where they live or have official residence).
  • $1,000 per year for books.
  • $1,650 monthly living allowance.

Here are examples of programs that might be interesting to vets that are covered by the GI Bill:

Tallinn University of Technology, Tallinn, Estonia

Program: Master’s in Cyber Security

The curriculum is designed to provide higher education in the extremely hot field of Cyber Security, integrating software development and IT systems administration. Graduates of this curriculum may firstly acquire practice in a company like Fully-Verified, known as a pioneer in the field of cyber security and video based KYC solutions. Afterwards they will be able to independently design, operate and manage secure IT systems. Cyber security personnel are in high demand right now. The unemployment rate in the field is 0% and there are estimates that there will be 3.5 million unfilled positions in 2021.

Tuition: 6,000 EUR per year (How much in Dollars?)

Duration: 2 years

Income Outlook: $102,000 annual salary 

 

GI BillCopenhagen Business School, Copenhagen, Denmark

Program: Master’s in Business Administration and Information Systems-Data Science

Here’s a first hand report on Jenn’s visit to Copenhagen Business School. CBS is one of the top business schools in Europe. In this program through a mix of theory and hands-on exercises, you will learn to design, develop, implement, test and document technical business data analytics solutions to support organizational processes and/or satisfy business needs by using data analytics oriented programming languages (such as Python, R), Big data platforms (such as Hadoop, Spark) and open source technologies. You will work with visual, text and predictive analytic techniques including latest methodologies from data mining, machine learning and deep learning in order to transform Big data sets into business assets. This is a very hot field for jobs in the coming years.

Tuition: 15,200 EUR per year

Duration: 2 years

Salary Outlook: $117,345 annual salary

How Can Beyond the States Help?

Currently, 214 of the 743 schools in our database accept the GI Bill and we are learning about more schools that do all the time, so this number will only continue to increase. That’s over 3,300 master’s  programs to choose from that accept the GI Bill today in our database, along with all the information to make the process of getting to grad school in Europe much more manageable.

Interested in learning more about getting a Masters degree in Europe? Click here to get the Ultimate Guide to Grad School.

Podcast: 529 Plans and the Ins & Outs of Financial Aid

Title: 529 Plans and the Ins and Outs of US Federal Student Loans for College in Europe

Description

Jenn talks with Mark Kantrowitz, a leading expert on financing a student’s college education.  Mark is currently Publisher of PrivateStudentLoans.guru, a web site that provides students with smart borrowing tips about private student loans. Mark has served previously as publisher of the Cappex.com, Edvisors, Fastweb and FinAid web sites. He has previously been employed at Just Research, the MIT Artificial Intelligence Laboratory, Bitstream Inc. and the Planning Research Corporation.

Mark is President of Cerebly, Inc. (formerly MK Consulting, Inc.), a consulting firm focused on computer science, artificial intelligence, and statistical and policy analysis.

Guest: Mark Kantrowitz

Notes

Private College Loans on Nerd Wallet

College Abroad Can Be a Bargain

Mark Kantrowitz on Private Student Loans