A comprehensive guide on how to pay the application fee

Photo illustrating the news item

One part of the application process here at Corvinus University of Budapest is to pay the application fee in the amount of 75 EUR and provide the University with proof of payment. The application fee is compulsory and non-refundable – we are unable to waive this fee for any applicant.

You can also download a detailed step-by-step guide How to pay the application fee. Please right click here and select open link in new tab

IMPORTANT: Although proof of payment is a required document as part of the application checklist, you can submit your application without it and pay the application fee after submission. It is, however, important to pay the application fee and upload your proof of payment to DreamApply before the deadline, which for September 2023 intake is 30 April 2023.

How to access the invoice

Once you create your application, the system will generate an invoice in your name. You will need this invoice to be able to pay the application fee via bank/wire transfer. You will also receive a notification email with information on how to find the generated invoice.

To access your invoice, log in to your account in DreamApply. Once logged in, go to the Finances section on the left-hand side. This will lead you to your invoice.

How to use the invoice to pay the application fee

Once you open the invoice, you will be presented with your personal information, such as your applicant ID, name and email address. You will also be presented with a payment deadline on the left-hand side of the document. You will need to provide this information in the notice/reference information field when making the payment. This will allow us to connect your payment to your application faster, thus ensuring smoother application process. Make sure you follow the steps exactly as described so that our finance team can easily verify your payment.

On the right-hand side of the document, you will find the university’s bank details, such as bank name, account number, IBAN and SWIFT code. These details will be used by your bank to complete the bank/wire transfer.

Please note:

  • The application fee must be paid in EUR. If your bank does not work with EUR, you may pay the equivalent in your local currency using the daily exchange rate given at www.otpbanka.hr/en/exchange-rates.
  • You must also pay the full 75 EUR, so please take into consideration potential administration/transfer fees charged by your bank.
  • You may also take your invoice to your bank, and they should be able to help you with completing the transfer. In case you run into issues with bank transfer, it is also possible to pay the application fee using online banking systems, such as Revolut or Wise.

Once you complete the transaction, take a screenshot of your payment confirmation in your mobile app or a picture of the confirmation slip you received at your bank and upload it as part of your application in Corvinus University’s DreamApply system. Please note that it can take up to a week for your payment to reach us and another week for the finance department to process the payment, so we kindly ask for your patience. Once we connect the payment to your application, you will receive an email confirmation that your payment has been processed/collected.

8 Mar 2023