Undergraduate Tuition and Expenses: 2022-23 Academic Year

All you need to know about our tuition fees and the terms of payment.

  ​Schools of Business, Government, Sustainability and Economics ​Schools of Communications, Computer Science, Entrepreneurhsip and Psychology
​Tuition for the 2022 - 2023 Academic Year
$15,000 USD $15,300 USD
Optional: Health Insurance* ​$1,600 USD ​$1,600 USD
Optional: Student Union Fee** ​$60 USD ​$60 USD
​Total ​$16,260 USD ​$16,560 USD
​​ *For information and registration contract Shelly Levy, RRIS Absorption Coordinator at RRIS.Insurance@idc.ac.il ​** For Student Union Benefits visit the Student Union website

 

All Reichman University students are required to have comprehensive health insurance coverage throughout their studies. Reichman University has made special arrangements to insure international students (who are not covered by Israel's compulsory health insurance legislation) have an option to purchase health insurance coverage.




Tuition Payment Arrangements

 

A $1,000 USD tuition down payment must be made within the time stipulated in the e-mail you receive with your acceptance letter, in order to reserve a place in the class. This down payment is the first tuition payment. The tuition down payment will be fully refunded to those who decide not to enroll, if they inform the Raphael Recanati International School of their decision in writing by July 28th, 2022.

 

The contact e-mail to do so is RRIS.registrar@idc.ac.il 

 

 

Additional Expenses

 

  • Students are responsible for their airfare to and from Israel. Students should expect to spend about $600- $880 USD each month for food, travel, and other basic expenses.
  • Please note that tuition does not include the cost of the textbooks.
  • A symbolic fee is charged for some RRIS social and cultural events.




Terms of Payment

 

 

​Due Date ​Tuition for the Schools of Business, Government, Sustainability and Economics ​Tuition for the Schools of Communications, Computer Science, Entrepreneurship and Psychology ​Health Insurance in $USD

(if needed)
​Down Payment ​$1,000 USD ​$1,000 USD
​Nov. 10, 2022 ​$2,350 USD ​$2,650 USD ​$1,600 USD*
Nov. 10, 2022 ​$60 Student Union Fee** $60 Student Union Fee**
​Dec. 10, 2022 $2,350 ​$2,350
​Jan. 10, 2023 $2,350 $2,350
​Feb. 10, 2023 $2,350 ​$2,350
​Mar. 10, 2023 $2,350 $2,350
​April. 10, 2023 $2,250 $2,250
Total ​$15,060 USD ​$15,360 USD


* For information and registration please email RRIS.Insurance@idc.ac.il

 

** For Student Union Benefits visit the Student Union website. If you do not wish to be a member of the Reichman University Student Union, you must notify the Reichman University Student Union and sign a concession form by December 20, 2022.

 


 

PAYMENT OPTIONS



Payment by Credit Card

You may use the Online Payment Center with credit card for payments in USD or in NIS (according to the daily $ exchange rate on the date of payment).

A Payment in USD can be done in one installment only, for each payment.

A payment in NIS can be done in one installment or in 3-18 credit payments. Interest rates are

determined by the credit card company when paying in multiple installments.

Please enter: MyIDC account > Candidate Info Station > Finance > payments > make payment here. 

 

 

Payment via Wire Transfer (Bank Details)

Beneficiary  Reichman University (CC)
Bank   12 Hapoalim Bank
Branch  628 Herzliya Branch
Account No. 244144
Swift Code Poalilit
IBAN: IL90-0126-2800-0000-0244-144

 

*After each transaction, please send us the transaction document either by fax +972-9-9527640 or email izakr@idc.ac.il indicating the student's name and ID no.

 

Please note

  • A period of one week is necessary in order to receive confirmation of wire transfers.
  • Students may only pay 10% of thier annual tuition fee is cash, in accordance to the new Israeli law which restricts the use of cash.
  • Should a payment be made in NIS, the value in USD will be determined according to the exchange rate on the day that the payment is received.
  • There may be an extra charge by the bank when wiring a payment. Students are responsible for paying any extra fees that may be deducted by the bank.


It is the student's responsibility to make all payments on time.



Scholarships or Other Funding Sources

Students who are considered new immigrants must update the Student Authority with their academic status in order to receive the Student Authority ("Minhal HaStudentim") grant. Should a student receive any scholarship, grant or other form of funding, he/she must contact the Reichman University Tuition Department in order to receive a revise payment plan.

 

Additional Information

  • Reichman University reserves the right to make changes to all the above-mentioned terms and regulations, without personally notifying all those concerned.
  • Tuition rates and additional fees are subject to change by Reichman University at its discretion, any time prior to the beginning of classes.
  • Only students who have paid all due fees on time will be permitted to take the
    midterm and final exams.


 

Tuition Regulations for Students Who Terminate Their Studies

A student who has registered at the Reichman University for the 2022-2023 academic year, has paid the down payment, and subsequently decides not to study during the current academic year, must submit an official statement in writing (via letter,e-mail, or fax) to both the RRIS Admissions Office and to the Reichman University Tuition Department. A phone call will not be considered an official notification. The student must confirm the receipt of the notification.

 

The calculation of tuition will be according to the date of official statement of cancellation in accordance with the table below.

Notice of Termination of Studies Payment to be Charged
​By July 28, 2022
​No Charge
​July 29, 2022 - August 25, 2022
​25% of the down payment
​August 26, 2022 - September 15, 2022
​50% of the down payment
​September 16, 2022 - September 29, 2022
​75% of the down payment
​September 30, 2022 - October 31, 2022
​100% of the down payment
​November 1, 2022 - January 29, 2023
​50% of the tuition fee
​January 30, 2023 - March 20, 2023
​66% of the tuition fee
​From March 21, 2023
​100% of the tuition fee


Freezing of studies
 is treated as a cessation of studies initiated by a student and students are charged according to the termination of studies table above

 

Notification of cancellation or freezing of  studies at any date will result in the cancellation of the student's entitlement to a scholarship. The scholarship will be cancelled retroactively.

Tuition Department Contact Information

Simona Hadad

Tuition Coordinator, RRIS Undergraduate Programs

Ronit Izak

Tuition Coordinator

Reception Hours