Tuition Fees


EUR 100
(one-time payment)


EUR 1500
per semester

Registration Fee

EUR 50 (EU nationals)
EUR 450 (non-EU nationals)

CMU* Semester
Registration Fee
(valid only in Year 3)

EUR 450

Uniforms and

EUR 650
(one-time payment)

*Cardiff Metropolitan University


Newly enrolled undergraduate students

VUM enables students with high results in the admission exams to receive a scholarship in the first year of study. We take into consideration the academic credentials from your high school diploma, English language exam results and motivation demonstrated during your admissions interview. In the first semester, students can apply for a scholarship up to EUR 1000, as the exact amount is determined by the result achieved in the English language exam (certificate) or SAT and motivational interview.

Scholarships for academic performance

The students from the “Hospitality and Culinary Arts” and “Gastronomy and Culinary Arts” programmes who have successfully passed their exams within the examinational sessions as per the approved exam schedule for the respective academic year by the start of the due semester are eligible for an Academic performance scholarship as of the third year of their studies. It is calculated based on the exam results from the preceding four semesters. For the “Hospitality and Culinary Arts” programme, the Academic performance scholarship for the fourth year of study is calculated based on the exam results from the preceding two semesters.

Students Loan

Students holding a Bulgarian passport or a passport of one of the European Union member states (plus countries from the European Economic Area) have the right to apply for a student loan for their term of study in Bulgaria.

The requirements

·         The student is applying for a Bachelors Degree and have not previously obtained such a degree level

·         Age up to 35

·         EU or EEA nationality

The loan is state-guaranteed and can be provided by one of the approved Bulgarian bank institutions

·         DSK Bank

·         First Investment Bank

·         Raiffeisenbank Bulgaria

·         Eurobank Bulgaria

·         Bulgarian American Commercial Bank

·         Allianz Bank Bulgaria

.         Investbank

Bank Account

Account holder Varna University of Management (VUM)
Account holder address 13A Oborishte str. 9000 Varna, Bulgaria
Bank name International Asset Bank
Bank account in Euro – IBAN BG23 IABG 7495 1400 4891 05
Bank account in Bulgarian Levs – IBAN BG57 IABG 7495 1000 4891 08
Reason Payment of accommodation fee/tuition fee…. /name of student, ID card number, specialty, course/