Prince Sverre Magnus's European Studies Come With Significant Costs
Prince Sverre Magnus of Norway will commence studies in business management in Lisbon this autumn, with additional planned stops in Paris and Berlin. The Norwegian Royal Court has stated that his educational expenses will not be covered by state funds.
Key takeaways
- Prince Sverre Magnus will commence his higher education in Business Management in Lisbon this autumn, with further study planned in Paris and Berlin.
- The Norwegian Royal Court has confirmed that the costs associated with his studies at Forward College will not be paid from the state budget.
- Potential expenses for his education in Lisbon include tuition fees of approximately 20,600 Euros annually, plus accommodation and other living costs.
Prince Sverre Magnus, son of Crown Prince Haakon and Crown Princess Mette-Marit, is set to begin his higher education in business management at Forward College in Lisbon starting this autumn. His academic journey is also slated to include periods of study in Paris and Berlin.
What Happened
The Norwegian Palace announced on Monday that Prince Sverre Magnus will embark on his studies in Lisbon. The program is expected to incur considerable expenses, with reports indicating an annual tuition of 20,600 Euros for the Lisbon program, alongside other fees such as 550 Euros for exam participation.
Key Facts
- Prince Sverre Magnus will study Business Management at Forward College in Lisbon starting in the autumn.
- His education plan includes study periods in Paris and Berlin.
- Annual tuition for the Lisbon program is reported to be 20,600 Euros, with additional costs like 550 Euros for exam participation.
- Potential accommodation costs in a student dormitory are estimated at 10,000 Euros per year, with public transport costs at 390 Euros.
- Security measures may necessitate additional expenditures for salaries, accommodation, flights, and rental cars for security personnel.
- If Prince Sverre Magnus attends a state university in Berlin, tuition fees are waived, with semester contributions of approximately 400 Euros expected.
- His sister, Princess Ingrid Alexandra, previously had study costs of approximately 45,000 Euros annually covered by the state.
- Anette Ask, a communications advisor for the Royal Court, confirmed that Prince Sverre Magnus's study costs at Forward College will not be funded by the state budget.
Background
The Royal Court has not responded to inquiries regarding whether the Prince will reside in a student dormitory. Past practice, as reported by "Nettavisen," saw bodyguards accompanying Crown Prince Haakon during his studies in the United States, suggesting a potential need for similar security arrangements and associated costs for Prince Sverre Magnus.
Why It Matters
Unlike his sister Princess Ingrid Alexandra, whose substantial study abroad expenses were publicly confirmed as state-funded, Prince Sverre Magnus's educational costs will not be drawn from the national budget. This distinction in funding for royal family members' education highlights a different approach to financial responsibility for their studies.
Sources reviewed
Project Chintan independently synthesized and analyzed information cross-checked across the sources listed above.
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