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Costs and Expenses

This section gives an estimate of the costs and expenses a full-time student without financial aid should expect throughout the duration of his/her study program.

AIT offers financial aid

for the Doctoral and Master's degree programs, on a competitive basis, to applicants who are outstandingly qualified and to applicants who have strong academic backgrounds and proven financial need.

Tuition and Fees

Students in full-time attendance pay a registration fee of Baht 20,000 per semester and a tuition fee of Baht 16,000 per credit. A dollar rate, which is set every semester, is given the web-link after tuition and fee structure table below.

The tuition fees are based on the following minimum credit requirements and number of semesters: Doctoral (84 credits/7 semesters), Master's (48 credits/4 semesters), Diploma (24credits/2 semesters), and Certificate (9-12 credits/1 semester).

If the academic program is not completed within the prescribed duration, the registration fee of Baht 20,000 per semester is to be paid for each semester of extension.

Students seeking admission to AIT's special programs are informed of the applicable fees once the program of study has been agreed.

Thesis/Research Fees

The Institute provides a moderate amount of research budget for each student. Depending on the nature of the Thesis/Research, students may need to source supplemental funding.

Living/Accommodation/Miscellaneous Expenses

All students are encouraged to reside on or near the Institute's campus to benefit from the international environment for intellectual development and personal growth. The estimated living expense is 11,500 - 15,000 Baht per month.

Other Campus Fees 

Medical Insurance

There is an annual premium for standard insurance plan which covers certain costs of hospitalization, outpatient treatment, dental and personal accident but not major medical expenses. Baht 1,090 is the initial premium for the August semester Intake (for 5 months), to be renewed in January semester of the following year; for students studying in January and August semesters, the annual premium is Baht 2,599; for students graduating in May or during the inter-semester, the final premium is Baht 1,509 for standard insurance plan. Students who have other existing medical plans can submit a waiver request and show proof of insurance before the start of the premium year.
 

Visa Extension

Baht 2,000 per year of educational visa extension

Student Union Fee

Baht 150 per semester as contribution to the Student Union and Student Welfare Fund. Please pay to the Cashier's AIT Finance Department.

Estimating your Costs and Expenses

The table below gives an estimate of the costs and expenses a full-time student without financial aid should expect throughout the duration of his/her study program.

TUITION* AND FEE STRUCTURE
(Fixed Rate in Thai Baht)

 

Study Cost

Doctoral Program
  7Semesters
(84 credits)
  42 Months

Master's Program
4 Semesters
(48 credits)
22 Months

Diploma
2 Semesters
(24 credits)
12 Months

Certificate
1 Semester
(12 credits)
5 Months

 

Thai Baht

Thai Baht

Thai Baht

Thai Baht

Registration Fee @Baht 20,000 per Semester

140,000

80,000 

40,000

20,000

Tuition Fee @ Baht 16,000 per Credit

1,344,000

768,000

384,000

192,000

Medical fee @Baht 2,599 Baht per year

9,306

5,198

2,599

1090

Student Union Fee @ Baht, 150 per semester

1,050

600

300

150

Education visa fee @ Baht 1,900 per year

5,700

3,800

1,900

1,900

Total Fees

1,500,056

857,598

428,799

215,140

**Living /Accommodation/Miscellaneous Expenses @ 11,500 - 15,000 Baht per month

483,000 - 630,000

253,000 - 330,000

138,000 - 180,000

57,500 - 75,000


Tuition and Registration fees for Master in Business Administration (MBA) program: 950,000 Baht
Tuition and Registration fees for Doctoral of Business Administration (DBA) program: 1,500,000 Baht
Tuition and Registration fees for Executive MBA program: 1,130,000 Baht.


*
On 22 December 2016, the AIT Management Team has endorsed the  new   rate of  tuition i.e. 16,000 Baht per credit with the same registration  fee   of 20,000 Baht per semester. The new   tuition   will be in effect from August 2017 intake, but will not apply to    the ongoing students under their current degree programs.

**Including monthly bursary, accommodation, utilities and internet charges. However, Actual living expenses will vary on each individual student's lifestyle.
NOTES:
  1. Students who will undertake large-scale cost-intensive research should secure supplementary funding from non-AIT sources ; the minimum suggested amount for Doctoral program is Baht 60,000 and Master program is Baht 40.000;
  2. Tuition and fees are charged per semester and fixed in Thai currency (Baht). However, for convenience, students may also pay in US Dollars at a rate that is quoted in advance for each semester and valid for  one month.
  3. If you are traveling from outside Thailand, you need to add airfares, visa fess and related costs to your budget. Please add a reasonable amount for possible price fluctuations. 
The total approximate US dollar fees may be viewed by clicking here.

For advanced invoicing kindly please refer to payment advice.

Fee Review

Fees are regularly reviewed . Approved changes become effective on the date stipulated.

Payment

Tuition and fees are payable on a semester basis prior to registration. Payments may be made in Thai Baht or US Dollars.

Payments can be deposited to the following banks:

Thai Baht Account : Siam Commercial Bank, Thammasat University Hospital Branch
Current A/C # 468-046301-2
 
Address: 95 Moo 8,
Klong Nueng, Klong Luang
Pathumthani 12120
Thailand
Swift code: SICOTHBK

 

US Dollar Account :

Citibank NA
Current A/C# 10255664

 
Address: Citibank , New York Head Office
Citicorp Center , 16 th Floor
153 East 53 rd street , New York , NY 10043
Swift code: CITIUS33

Payment in Baht

Students may deposit the payment at Siam Commercial Bank (SCB) Thammasat University Hospital Branch, or through ATM transfer from payee's account to AIT's bank account in SCB. After payment, kindly present the bank deposit/ATM slip with details (name, student ID and purpose of payment) to the Cashier for issuance of official receipt.

Payment in US Dollars

Students may present the bank transfer slips (to Citibank NA Account), cash, cheques or bank drafts directly to the Cashier for issuance of the official receipt.

Payment of Student Accommodation

Students are requested to deposit payments for accommodation at the Siam Commercial Bank (SCB) Thammasat University Hospital Branch or through ATM transfer from payee's account to AIT's bank account in SCB. After depositing the rent, please present the bank deposit/ATM slip with the details (name, student ID and purpose of payment) and invoices to the Cashier for issuance of official receipt.

Penalty for Late Payment

Students are encouraged to settle all payments by the due date in order to avoid interest penalties.

All study costs at AIT are subject to this interest charge.

Details are provided in the Policy and Procedures on Credit Policy:

Useful contact in Finance

Cashier : Mr. Prateep Chouychoo
: Ms. Pitchaya Limcharoenwongchai
Email: prateep@ait.asia
Email: pitchaya@ait.asia
ext 5049
ext 5059
Invoice : Ms. Jhozine P. Damaso Email: jhozine@ait.asia
ext 5055
Overdue payment : Ms. Orawan Kosaipolkul Email: orawan@ait.asia ext 6346
Bursary : Mr. Pairuch Arnprayoon Email: pairuch@ait.asia
ext 5044

 

The Asian Institute of Technology (AIT) reserves the right at any time to change or modify any aspect of information in this primer whenever, in its judgement, it becomes necessary or advisable to do so. As a result of the on-going process of consultations on the Institute academic reform, there may be changes in academic fees and other fees over time, which will become effective on the date stipulated.