The University of Vaasa in Finland started operating in 1968 and took its current name in 1991. Non-EU/EEA students pay EUR 10,000 a year for the international bachelor's programme and EUR 14,000 a year for master's programmes, reduced to EUR 8,000 in the first year with an early bird discount. Applicants from outside the EU/EEA pay a EUR 100 application fee and need IELTS Academic 6.5, TOEFL iBT 92 or PTE Academic 62.