The economic and asset condition of the Bocconi conventional family household is defined using the evaluation method established by the University, upon controlling the correctness and completeness of all the required documentation.
In order to determine the fees relief target for a.y. 2022-23, the following elements must be added together:
- Gross income 2020
In detail, for each member of the Bocconi conventional family household, Bocconi University considers the sum of total gross income received in 2020 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.
Large family households,with more than two children who are completely financially dependent upon their parents (at 100%), shall benefit from a reduction of € 6,000.00 per child from the incomes calculation, for the third child onwards. The reduction request must be submitted to the Fees, Funding and Housing Office during the process of the fees reduction target application, enclosing the specific form.
- Real estate and movable assets 2020 as a percentage
In detail for each member of the Bocconi family household, Bocconi University considers real estate properties and movable assets owned in 2020 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 commodate for use or right to reside.
Movable assets consist of different items listed on the following 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
Evaluation of entrepreneurial, professional and artistic activities, also deriving from shares, on the basis of structural characteristics, sectoral 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).
The summation of the elements listed above establishes the economic and asset condition of the Bocconi conventional family household, which will lead to a possible assignment in a fees relief target, with reference to the income-asset ranges indicated in the tables available in the section Fees > Fees payment.
With regard to the "Fees revaluation application a.y. 2023-24", for the calculation of the economic and asset condition, reference must be made to the same elements taken into consideration above (gross income, percentage of movable and real estate assets, evaluation of entrepreneurial, professional and artistic activities) but referring to the 2021 fiscal year.
The amounts and installments as well as the income-asset ranges for the a.y. 2023-24 will be published by March 2023.