University of Nicosia Receives First Bitcoin Tuition Payment
In November of 2013, the University of Nicosia (UNic) announced their acceptance of Bitcoin for all payments as well as their intention to launch a Master's of Science degree in Digital Currency (MSc in Digital Currency). The news was widely reported by the likes of Vice and RT given the association between Cyprus and Bitcoin that developed in the first half of the year 2013. It wasn't even a month after UNic's announcement that Francois Rossouw, a South African Bitcoiner, paid 1 BTC towards his online MBA degree at the University and had these inspirational words to say: "I am honoured to....
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The University of Nicosia has received its first tuition payment from a student using bitcoin. Back in November, the Cypriot university announced it would accept the cryptocurrency for tuition and fee payments, becoming the world's first accredited university to do so. By late November the university had received a payment from Francois Rossouw, a South African student. Rossouw paid 1 BTC towards tuition for an online Master of Business Administration degree, so he could be on his way to receive the first bitcoin-funded MBA. He said: "I am honoured to be a part of this historical occasion.....
It wasn't terribly long ago that a news report came out noting that a Cyprus Univerity was taking the bold step to accept bitcoin tuition payments. Now, it would appear as if the first student has paid his bill using the cryptocurrency at the University of Nicosia. South Africa student Francois Rossouw paid 1 BTC on November 27th for an online class, hoping to advance in his pursuit of a master's degree in business administration. "I am honored to be a part of this historical occasion. Being able to pay for a world-class tertiary education with Bitcoin was a dream of many but few believed....
College tuition fees are expensive. It costs most students tens of thousands of dollars to achieve a degree education, which for many families is simply unaffordable. However, with digital currencies becoming increasingly popular, you might be wondering whether you can use your store of bitcoin to pay your college fees. At the moment, Bitcoin is not widely accepted in the mainstream world, so if you want to study for a masters in public health at the University of Arizona, you need some dollars in your bank account. However, there are a few enlightened educational establishments who have....
The University of Nicosia made history by becoming the first educational institution to offer bitcoin tuition payment. Now, the University is offering an Introduction to Digital Currencies course, for free. For those interested in this MOOC (Massive Open Online Course), the only real pre-requisite is that you speak English proficiently. Aside from the fact that the University's instructors will be leading the course, Andreas Antonopoulos and Antonis Polemitis will serve as course lecturers. Mr. Antonopoulos' book, Mastering Bitcoin, is listed as required reading for the course. "I am....
How would you like to go to school and pay in Bitcoin while doing so? A Cyprus University is doing just that. The University of Nicosia is now allowing students to pay their tuition bills and other fees using Bitcoin. It's the first University in the world to do so, and hopefully it sets a trend for colleges elsewhere around the world. "We are acutely aware that digital currency is an inevitable technical development that will lead to significant innovation," says Dr. Christos Vlachos, who is a part of the Council of UNic and works as the school's chief financial officer. How soon until we....