CEL Fee Structure

Initial Accreditation for One Programme

• Initial Payment
  € 4,000 - due 30 days after the Application Data Sheet has been approved by the EFMD CEL Executive Office for presentation to the EFMD CEL Supervisory Board for the eligibility decision.
  
  
• Main Payment
  € 10,000 - due 30 days after the Self-Assessment Report is sent to the EFMD CEL Executive Office.
  
  
• Final Payment
  € 4,000 - due one week after the EFMD CEL Awarding Body’s decision.

Bundle Option

A bundle option price package will be given when two or three programmes are presented simultaneously and during the same Audit Team Visit. The price in Euros is as follows:

One-Year Option

A one-year option price package will be given when a second or more programmes are taken through the EFMD CEL accreditation process within 12 months. The price in Euros is as follows:

 * VAT may be added to the above-mentioned fees when applicable in accordance with European tax regulations.

Audit Team Visit Costs

The institution applying for EFMD CEL accreditation is responsible for all costs associated with the Audit Team Visit.

Re-Accreditation

Provision of Assistance

Strategic advice for non-eligible institutions, on-site assistance during the Self-Assessment, consultation for non-accredited programmes or further consultation for accredited programmes: 1.900 Euros per day. Travel, lodging and other direct expenses for EFMD CEL experts are to be paid by the institution seeking EFMD CEL accreditation for a programme.