For €100 monthly fee you can read for YOUR degree

plus the income tax payable by your parent/legal guardian!

Saint Martin’s Institute of Higher Education is fully aware that families are wary of committing to private higher education because of the preoccupation of monthly tuition fees. Yet, over a thousand University of London graduates have studied through Saint Martin’s Institute of Higher Education, either as full time students or studying in the evening, getting individual attention that helped them to succeed.

How much will it cost?

€100 per month …

€100 per month and income tax payable to Government provides you with the key

Saint Martin’s Institute of Higher Education, in partnership with Bank of Valletta, and the GetQualified Scheme offered by MEDE, has developed the SMIFlexiPay™, a scheme that allows students to read for a degree taught at Saint Martin’s Institute without the worry of hefty monthly tuition fees.


The Get-Qualified Income Tax Rebate Scheme

The Get Qualified Scheme will reimburse income tax paid by the parent/legal guardian up to 70% of expenses or €3,500 for the MQF 5 diploma and €12,500 for the MQF 6 degree.

The Government of Malta provides parents/legal guardians the possibility to recoup the income tax paid to Government, if they pay tuition fees and other named expenses on behalf of their children to read for a degree at a private licensed higher education institution. The GetQualified scheme offers a rebate of a maximum of 70% of amounts paid, or €3,500 for an MQF level 5 Diploma and €12,500 for an MQF level 6 Degree.

The scheme is simple and effective for families with at least one parent/legal guardian earning a salary as a resident of Malta with an income of around €25,000 gross pay per year.

The income tax charged for a parent/legal guardian earning an annual salary of €25,000 is €3,328.13 according to the 2018 budgetary measures (http://maltasalary.com/ ). The tax rebate from one year of tuition fees may be recouped in one single year’s income tax contribution.

SMIFlexiPay™ explained

The Saint Martin’s Institute tuition fee for any of the listed degrees on full time basis is of €4,990 per year, payable for three consecutive years, totaling €14,970 plus one time €950 registration fee and a €125 application fee. When a student opts to read for a University of London degree, the University’s registration and examination fees amount to a total of £3,760 which are spread over the last two years of studying for the degree..

70% of fees paid from above is reimbursed as an income tax rebate to the parent/legal guardian

Through the GetQualified Scheme parents/legal guardians of children that read for their degree in a private licensed institution in Malta will benefit from tax rebates of 70% of the tuition fees paid under the GetQualified scheme.

Parents or legal guardians are entitled to an income tax rebate of €3,500 for the first year MQF level 5 Diploma and a further €12,500 for the MQF level 6 degrees from their annual income tax bill.

The table below illustrates a three year programme as a full time student with details of all the payable fees, and the expected tax rebate to a parent or legal guardian who is paying the fees.

In the case of students who opt for a University of London degree, the monthly payments will be increased to €200 per month, or the parent/legal guardian may opt to pay the UOL fees from their own means, and thus keep the monthly payment at €100/month.

The net cost for reading a University of London degree is of €2,300 per academic year.


Stipends & Grants : Business & Finance

SMI students are entitled to stipends & grants equal to State University students

Total stipends and grants paid to full time students reading for a Business or Finance degree @ SMI

As a Maltese or EU citizen living in Malta for over five years, and reading for the degree as a full time student at Saint Martin’s Institute of Higher Education in Finance, you will qualify for a monthly stipend of €87 per month and €930 as an initial grant and an annual €465 annual grant as from year two, under the Malta Government Undergraduate Scheme.

Interested Click Here

Stipends & Grants : Computing

SMI students are entitled to stipends & grants equal to State University students

Total stipends and grants paid to full time students reading for a Computing degree @ SMI

As a Maltese or EU citizen living in Malta for over five years, and reading for the degree as a full time student at Saint Martin’s Institute of Higher Education in Finance, you will qualify for a monthly stipend of €149 per month and €1396 as an initial grant and an annual €698 annual grant as from year two, under the MGUS.

Interested Click Here


Already in employment?

Study as an evening student

For individuals who are already in employment and paying income tax, will qualify for the same SMIFlexiPay™ terms and conditions, depending on the current salary, and thus what annual income tax is paid. The same principle will apply, you pay €100 per month for 60 months, and pay in the income tax rebate when this is received. As a student in employment, you will not qualify for the stipends and grants under the MGUS.

Interested Click Here


Act Now!

You may wish to make an appointment with a member of staff to discuss this scheme and any other salient points you may have about our programmes. Please call us on +356 2123 5451 or email on infodesk@stmartins.edu. You may download and complete an application form. The Institute limits the number of students accepted every year, and applications are received on a first come first served basis.

Saint Martin’s Institute of Higher Education is licensed by the NCFHE with license #196 ○ Address: Saint Martin’s Institute of Higher Education, Foundation Building, Schembri Street, Hamrun HMR 1541 ○ Phone: +356 2123 5451 ○ eMail: infodesk@stmartins.edu