Enjoy a 90% Discount on University Fees with Grenada’s Citizenship Investment.
The cost of higher education continues to rise globally, putting immense financial pressure on families. However, Grenada’s Citizenship by Investment (CBI) program offers a unique and valuable opportunity to alleviate a significant portion of that burden – especially when it comes to university tuition.
Through Grenada’s CBI, families can enjoy a 90% discount on tuition fees at St. George’s University (SGU), one of the Caribbean’s most prestigious institutions, particularly for those pursuing studies in medicine and other health sciences.
Significant Tuition Savings for Grenadian Citizens
The financial advantages of Grenadian citizenship extend beyond the traditional benefits of global mobility and tax optimization. A notable and compelling incentive is the tuition fee reduction available at St. George’s University.
For non-Grenadian students, tuition for undergraduate degrees at SGU currently stands at $16,342 USD per term. However, Grenadian citizens are automatically considered for the Grenadian Partnership Award (G.P.A.), which reduces this cost by an impressive 90%. As a result, Grenadian students pay as little as $1,634 USD per term – an extraordinary difference that can dramatically reduce the total cost of higher education.
A Financial Comparison: Grenada vs. U.S. Medical Schools
To put this into perspective, the average cost to complete a four year degree in the United States ranges from $60,000 to $120,000 USD, with medical degrees and private universities often costing much more. In contrast, by securing Grenadian citizenship through the CBI program, families can reduce this financial burden to approximately $20,000, thanks to the Grenadian Partnership Award, which dramatically lowers undergrad tuition fees at St. George’s University.
These savings make the Grenada CBI a compelling option for those seeking both a world-class education and financial efficiency.
Why St. George’s University?
St. George’s University, based in Grenada, has earned a reputation as a leading institution in medical education, with graduates practicing in over 50 countries. The university offers internationally recognised degrees in medicine, veterinary science, and other health-related fields, making it an attractive choice for students seeking to build a global career in healthcare.
Additionally, St. George’s University has strong affiliations with hospitals and healthcare systems in the United States, offering students the opportunity to complete clinical rotations in U.S. hospitals. These partnerships give SGU students a distinct advantage by providing hands-on training in diverse medical environments, increasing their chances of securing competitive residency placements in the U.S. This combination of global and U.S.-based education prepares graduates for successful medical careers worldwide.
According to St George’s University website some of the key highlights are:
- Global Medical Education Network: SGU offers joint programs with partner institutions in the USA, Canada, UK, Malaysia, Australia, India, and more, allowing students to complete portions of their seven-year MD track while gaining global experience.
- Extensive Clinical Program: SGU’s clinical training is delivered through 75+ affiliated hospitals and clinical centers across the United States, Grenada, and the United Kingdom, providing students with comprehensive clinical exposure in diverse medical environments.
- High US Residency Placement Rate: SGU boasts a 95% US residency placement rate for its graduates, with 930+ students securing US residencies in 2024 – making SGU the largest provider of doctors into first-year US residencies for the past decade.
- Hands-On Training with Faculty Support: SGU ensures that students receive personalized, high-quality clinical education with faculty members and program directors at each affiliated hospital, guiding them through their medical journey.
Aside from its academic and financial benefits, SGU’s True Blue campus is one of the most picturesque in the world, set on a beachfront overlooking the Caribbean Sea. There’s no better place to enjoy a tranquil and privileged environment while pursuing your studies.
There is one important caveat to consider. Prospective students seeking the discounted tuition at St. George’s University must have lived in Grenada for one year prior to enrollment. In practice, this means completing 183 days (6 months) or more of residency within a calendar year, which could easily be fulfilled by taking a gap year in Grenada before starting at the university.
Maximizing the Benefits of Grenada’s Citizenship Investment
When you consider the huge educational savings the program offers, the cost of Grenada’s Citizenship by Investment program becomes much more manageable. Over time, families investing in Grenadian citizenship could potentially offset a substantial portion of the initial investment through the reduction in university tuition fees.
Moreover, Grenada’s CBI program provides additional advantages, including visa-free or visa-on-arrival access to over 153 countries, including the Schengen Area, the United Kingdom, and China. Grenadian citizens also benefit from a favorable tax regime, with no global income, inheritance, or capital gains taxes. These factors, combined with the educational savings, create a long-term, multi-generational benefit for families.
Of course, prospective students looking to benefit from the university discount will still need to go through the traditional application process and be approved by the university.
To find out more about Citizenship by Investment in Grenada and how your children could benefit from this education incentive, get in touch with our advisors.
