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Financial Settlement Information

Financial Settlement Information

Financial Settlement Information

Before you proceed, we strongly advise you to read the Student Charter 2021-2022 to know more about our financial procedures and the financial consequences. This document also indicates all prices UoC applies to all its educational services.

Please note: You will receive an email with a unique link to your financial settlement form. Be sure to check your e-mail (including your junk e-mail) on a daily basis to not miss this.

By filling out the financial settlement form, you have not automatically fulfilled your payment obligation nor are you automatically enrolled. Your documents will be verified by Student Affairs and our Finance Department prior to enrollment.

Payment methods

At the University of Curaçao Dr. Moises da Costa Gomez bachelor or master students can choose from three (3) payment methods to make their payment. The prices for both Bachelor and Master programs are shown below.

  1. Payment in full

Students who choose to pay in full, will have to do so upon registration. The prices are:

  • ANG 5.100,00 (USD 2,865.00) a year for a bachelor’s degree;
  • ANG 7.100,00 (USD 3.989.00) a year for a master’s degree;
     
  1. Payment in two (2) installments

This payment method requires a down payment of the first half including the minimum down payment right upon registration and the second half no later than February 28th, 2022. However, we will also ask for a proof of “payment order” for the second payment upon registration. A so called “payment order” can be made via online banking exactly as your first payment was made, with as only difference the execution date. Or you can do this at your local bank with the payment date no later than February 28th. The payments are as followed:

  • first payment right upon registration of
    • ANG 2.850,00 ($1,601.00) for a bachelor’s degree or
    • ANG 3.850,00 ($2,163.00) for a master’s degree
  • second payment not later than February 28th of
    • ANG 2.250,00 ($1,264.00) for a bachelor’s degree or
    • ANG 3.250,00 ($2,163.00) for a master’s degree.
       
  1. Payment in 10 monthly installments
    • With a down payment of ANG 600,00 ($337.00) and monthly installments of
      • ANG 450,00 ($252.80) for bachelor’s degree or
      • ANG 650,00 ($365,20) for a master’s degree.
    • With a down payment of ANG 1.600,00 ($899.00) and monthly installments of
      • ANG 350,00 ($196.60) for a bachelor’s degree or
      • ANG 550,00 ($309.00) for a master’s degree.

 

The financial settlement form will also be a standing order for students who will be paying in 10 installments with a local (Curaçao) bank account of MCB, BdC or RBC. By filling out this form you will authorize us to debit your account on a monthly basis.

All other students who will be paying in installments and does not have a local (Curaçao) MCB, BdC nor a RBC bank account, should make their own standing order via online banking or at their local bank as this will be a requirement when filling out the financial settlement form. Please make sure to make a clear and fully visible copy of every document.

For a proper administration we strongly recommend all students who will have to set up their own standing order to put as starting date September 30th, 2021 and as final date June 30th, 2022.

Required documents for completing the financial settlement form

The documents needed when filling out the form in all situations are:

  • a copy of your valid ID card (sedula) or passport;
  • proof of (down or full) payment;

 

Additional information will be needed depending on your chosen payment method or situation.
These are:

  • a valid bank account number (when paying in installments at MCB, RBC or BdC);
  • a valid ID card or passport of paying person (only in case someone other than the student will pay the monthly installments with their MCB, RBC or BdC account);
  • in case you will be paying in monthly installments from a bank outside Curaçao or a local bank which is not MCB, RBC or BdC, you should also need a copy of a standing order set up at your bank or via online banking. In case this is set up at the bank, this should be stamped and signed by this bank;
  • only in case you will be making your payment in two installments (apart from your first payment), you will need a proof of your second payment order no later than February 28th, 2022;
  • in case you are eligible for a family member discount, a proof of family membership. This can be a wedding book, a family book or an extract from the municipal register (read our Student Charter 2021-2022 for more details).

 

Please make sure that all documents are fully visible.

Bank information & payment instructions

To rightfully allocate all incoming payments we strongly advise to follow the next payment instructions:

  • put only the student’s name and ID number as description for your payment as upcoming student;
  • students who were already enrolled in previous academic years should put their Progress ID first, followed by their name as description;
  • local students with a bank other than MCB, RBC or BdC should make their payments to our local MCB account number 881.341.08;
  • all Aruban students should make their payments to our local MCB account number 881.341.08;
  • mail your cyber receipt to yourself or make a clear copy (photograph) of your payment with your description.
     

Local bank accounts

Maduro & Curiel's Bank

881.341.08

Banco di Caribe

149.783.01

RBC Royal Bank

8000.0000.1339.8268

CIPAS MCB 

249.296.02

Bank accounts abroad

Maduro & Curiel's Bank Bonaire

116.370.70

Windward Island Bank USD

820.430.06

Windward Island Bank ANG

820.431.04

Family member discount

Students who have an elder direct family member e.g. a sibling, a parent or a married couple who studies at the University of Curaçao in the same academic year, are eligible for a monthly discount of ANG 100,00 for each month both of them are enrolled in the current academic year. Please bear in mind that the elder one in the family will have to pay the normal tuition fee without any discount. For a proper administration and monthly payment, we strongly recommend that all family members are enrolled and all proofs of family membership are uploaded or sent to our Finance Department before August 31st, 2021.  Please read our Student Charter 2021-2022 for more information on what is needed to apply for this discount or contact us at finance@uoc.cw.

Other educational programs

UoC also provides services such as Auditor program, Certificate programs or other courses such as Pedagogical Certificate (PG).

For these programs (with the exception of PG) all payment should be made upfront upon registration.

Auditor program

UoC offers a program where you can audit classes during a whole academic year without making any exams or other assignments. The prices for these programs are:

    • ANG 1.725,00 a year for a bachelor’s program or
    • ANG 2.225,00 a year for a master’s program.

 

Certificate program

All students who want to register as a certificate student should contact our Finance Department for an invoice and we will proceed via e-mail with the financial part of the registration. Payment for certificate programs is only possible in full and is non-refundable.

 

Certificate students pay an enrollment fee of ANG 600,00 and ANG 132,50 for each ECTS. The total amount should be paid upfront.

 

Pedagogical Certificate

This program lasts 18 months and you will be given two years to complete it. For the new students UoC offers two payment methods which are:

  • payment in full ANG 5.930,00 ($3,332.00) or
  • payment in 15 monthly installments with a down payment of ANG 680,00 ($382.00) and monthly installments of ANG 350,00 ($196.67).

New PG-students should fill in a financial settlement form. This form will be sent to you via e-mail. Please check your inbox and spam constantly during the days of registration. The financial settlement form will also be a standing order for students who will be paying in 15 installments with a local (Curaçao) bank account of MCB, BdC or RBC. By filling out this form you will authorize us to debit your account on a monthly basis.

All other students who will be paying in installments and does not have a local (Curaçao) MCB, BdC nor a RBC bank account, should set up their own standing order via online banking or at their local bank as this will be a requirement when filling out the financial settlement form. Please make sure to make a clear and fully visible copy of every document.

 

For a proper administration we strongly recommend all students who will have to set up their own standing order to put as starting date September 30th, 2021 and as final date November 30th, 2022.

CIPAS educational programs

Master students should contact our Finance Department for an invoice and we will proceed via e-mail with the financial part of the registration. The students who have not yet obtained their master’s degree after two years, will have to pay a thesis fee of ANG 3.280,00 and if necessary, ANG 318,00 per open ECTS.

For any questions regarding the financial aspects, please contact our Finance Department at finance@uoc.cw or by calling us at (+599-9) 744-2211 or (+599-9) 744-2208.

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