5 Minute News

Updates to the Foreign University Branch Bill in Cyprus

October 8, 2024

The government bill regarding the establishment of branches of foreign universities in Cyprus is subject to strict clauses and additional articles. The changes aim to ensure the quality of education, allowing the Quality Assurance Agency to reject applications if the foreign institutions do not meet lower international rankings. Additionally, a bank guarantee of €2 million is required for each application. The discussion in the Education Committee is expected to be interesting, as there are concerns from various stakeholders.