Swiss vocational school at the University of Lucerne accepts Bitcoin for tuition fees – Bitcoin News


On October 3, the Swiss public vocational school, Lucerne University of Applied Sciences and Arts, announced that it now accepts bitcoin for classes.

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University of Lucerne: “Disseminating knowledge about advanced technologies”

Swiss vocational school at the University of Lucerne accepts Bitcoin for tuition feesThis week, the Professional School of Sciences and Arts at the University of Lucerne (Hochschule Luzern) announced that it will accept bitcoin for its services. Lucerne is a well-known university which was founded in 1997 and offers courses in English and German. The school specializes in teaching dedicated to financing, international management, economics, music, art, animation and 2D / 3D design. Lucerne details that cryptocurrency and blockchain technology is currently the focus of the school’s research for ‘continuing and executive education programs’. Due to these research agendas, Lucerne thinks it is quite natural to accept bitcoin for better understanding.

By accepting bitcoin cryptocurrency, Lucerne University of Applied Sciences and Arts indicates its ability to disseminate knowledge about advanced technologies such as blockchain, as well as its desire to gain experience in the aspects practices of this new area, ”Lucerne announcement explains.

Familiarize yourself with cryptocurrencies

Lucerne further clarifies that the payment processing company, Bitcoin Suisse AG, facilitates bitcoin payments from the university. Bitcoin Suisse AG bears “the risk of exchange losses and currency fluctuations,” Lucerne explains. However, Lucerne observes that students at the school will have to pay a 1% payment fee, which is significantly lower than traditional payment rails. The Swiss university says they don’t expect a few students to start paying with bitcoin early on, but want to familiarize themselves with fintech and blockchain-based concepts. Lucerne believes that students who understand these topics are likely to be the first to pay with Bitcoin.

Those most likely to seize this opportunity will either be already familiar with the concept of financial services and blockchain, or interested in pursuing continuing and executive education opportunities in this area, ”Lucerne explains.

Swiss vocational school at the University of Lucerne accepts Bitcoin for tuition fees
The University of Lucerne (HSLU) welcomes more than 4,000 students per year.

Swiss vocational school joins growing list of universities accepting Bitcoin for tuition

Lucerne is just one of the many universities that have announced accepting bitcoin in recent years. Last year, University Business School ESMT Berlin started accepting bitcoin. Other well-known colleges that accept bitcoin for tuition and school supplies include the University of Nicosia, King’s College New York, and the University of Cumbria.

What do you think of the University of Lucerne accepting bitcoin through Bitcoin Suisse AG to better familiarize yourself with the technology? Let us know in the comments below.

Images via associated HSLU websites.

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