Economic and asset situation - Fees revaluation
A.Y. 2024-25
The economic and asset situation of the Bocconi conventional family household is defined using the evaluation method established by the University, upon controlling the correctness and completness of all the required documentantation.
In order to determine the fees relief target, the following elements must be added together:
In detail, for each member of the Bocconi conventional family household, Bocconi University considers the sum of total gross income received in 2022 in your country and abroad (including incomes which are fiscally exempt and which are not included on income tax returns due to their nature).
We specify that we consider the gross income even in case of income fiscally exempt, earned without a withholding tax.
In detail for each member of the bocconi family household, Bocconi University considers real estate properties and movable assets owned in 2021 in your country and abroad as a percentage.
Please note that with reference to real estate, the calculation will also be applied to housing with right to reside. Movable assets consist of different items listed on the above linked webpage.
The applicable percentage depends on the prevalence and/or the significance of the real estate properties and the asset values compared to the income arising from working and/or entrepreneurial activities and consists of 20% or 10%.
For the first home with a mortgage to pay off, 5% is exceptionally applied (rather than 20% or 10%). The existence of a mortgage must be officially documented.
Evaluation of entrepreneurial, professional and artistic activities, also deriving from shares, on the basis of structural characteristics, sectorial parameters and any other important elements.
All the entrepreneurial, professional and artistic activities are considered, also deriving from the possession of shares, regardless the geographical location (in your country or abroad).
We specify that we consider the gross income even in case of income fiscally exempt, earned without a withholding tax.
This result must be compared with the information summarized in the tables published (available in B in Touch section) for each year of study.
The University also considers every single element that can be used to evaluate the capacity of the student's family to contribute to tuition and fees, especially regarding the value of its estate and assets. In fact, the economic and asset situation is evaluated both on the basis of the family income declared and on its assets and is measured against the parameters of all other Bocconi students.
The family's ability to contribute to tuition and fees is also measured on the grounds of the kind of professional activities each member carries.
The definition of the economic and asset situation will be based on the documentation and the information provided by the student in the specific online application.
In the case of insufficient, incomplete, incoherent/abnormal documentation submitted, Bocconi University reserves the right to apply other indicators to the financial-assets condition in question and to express its evaluation also in tendential terms. Bocconi University also reserves the right to request additional information and documentation about the sustainability of the university contribution by the family.
Attention:
Please note that the University will not assign benefits if the applications submitted with fiscal and additional documentation are incongruous and/or inconsistent in terms of income (and/or in terms of movable assets of each bank accounts compared to the family income) concerning the obligations arising from the payment of academic tuition and fees.
The University may, therefore, confirm the ordinary academic tuition and fees in case of applications submitted with incomplete documentation and/or when the family's financial situation is unclear. In the absence of a clarification of the economic and asset situation of students and their families, no benefits can be granted.
The provisions above are official publication of the regulation a.y. 2024-2025 relating to the determination of Economic and Asset Situation of Bocconi conventional family household.