May 18, 2022
NUFFIC Project €1.5 billion to Dutch Treasury
A According to the NUFFIC, the 2021/22 academic year is expected to yield around €1.5 billion to Dutch Treasury from international students enrolled in Dutch institutions. The estimation is based on stay rates of international students in the Netherlands, featured in a published report. Apart from an increase in yield to the treasury, the report has interesting facts and observations.
A key finding in the report was on higher education. The report found that international knowledge workers found Netherlands an attractive prospect because of higher education. This year, the Dutch government's body for internationalization in education reported a 12% increase in international students, reaching 115,068. 46% of international graduates remained in the Netherlands one year after graduation, according to the study. The five-year stay rate was 24%, about 33,500 graduates and around 74% participate in the labour market.
…International students from EEA countries have greater freedom of movement within the EEA…
NUFFIC estimates that the inflow of €1.5 billion for the 2021/22 cohort is more than double of that in 2017/18. At nearly €900 million, students from the European Economic Area at Dutch universities will yield the most, the report added. Author of the report, Astrid Elfferich added, “International students from EEA countries have greater freedom of movement within the EEA.” “That makes it easier for them to accept a job in a different EEA country after they graduate. That freedom of movement is not or to a far lesser extent available to graduates from outside the EEA who are subject to visa requirements.” she further added. The report also added that because Asian students are more likely to earn a master's degree from a research university than Europeans, they may find it easier after graduation to find a job.
The report concluded that while the percentage of non-EEA students staying in the Netherlands is lower than that of EEA students, total numbers show that a higher number of European graduates stay.
Posted in News and tagged News, EEA Students, Non-EEA Students, Netherlands Studies, Dutch, NUFFIC
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