# Study costs & money in Romania

> Tuition, living-cost context, banking, taxes and practical money guidance for students planning to study in Romania.

Source of record: https://versityspot.com/study-abroad/romania/costs
Confirmation: 16 of 16 sections confirmed against their official source (last 2026-08-08).

## Bank Accounts

Romanian banks commonly ask international students for passport/identity documents, residence evidence and local contact/address information, with exact requirements varying by institution. A Romanian account is useful for rent, utilities and payroll. The personal numeric code (CNP), where assigned through your residence documentation, simplifies many administrative systems. Digital banking is widespread, but immigration evidence should still be produced in the format requested by the authority rather than assuming an app screenshot is sufficient.

*Source: https://studyinromania.gov.ro/*

## Taxes

Student part-time earnings run through payroll withholding; the flat income-tax rate keeps arithmetic simple, and modest hours produce modest liabilities. Employers handle registration.

Freelance IT work, common in Cluj, has its own regimes; take advice before invoicing rather than after.

*Source: https://www.anaf.ro/*

## Common questions

### What should international students know about banking in Romania?

The Romanian personal numeric code helps with banking and payroll; account requirements vary by bank.

### What should international students know about taxes in Romania?

Flat-rate withholding through payroll; simple at student scale.