Exchange semester For many of our graduates, an exchange semester at a foreign university is one of the formative experiences during their studies. Semesters abroad are in principle co-funded. The assessment criteria are in line with living costs and Swiss circumstances. Please note, that additional costs such as for travel expenses or higher cost of living abroad are not covered. In cases of financial straits, we recommend a regular exchange at one of the partner universities of the University of St.Gallen for which another scholarships (eg SEMP) can be applied for. As of the spring semester 2018, HSG Freemover students are required to pay a reduced Freemover fee of CHF 700 instead of the regular HSG tuition fee regardless of the amount paid at the host university.