University Study in South Korea
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Budget Estimate for University Study in South Korea (print the Budget Estimate for 2007-2008 estimate - pdf)

This estimate is used to calculate eligibility for financial aid. During the course of program operations, actual figures may vary. The Learning Abroad Center reserves the right to adjust program fees at any time.

Program Fees
(billed through student's U of M account)

 
Fall Semester 2008
Academic Year 2008-09
Spring Semester 2009
Summer Session 2009

Tuition & Fees (direct cost of education charged uniformly to all students)

$10,269
$20,265
$10,875
TBA

Room & Board

$1,500
$3,000
$1,900
TBA

International Health Insurance

$181
$385
$225
TBA

TOTAL Program Fee

$11,950
$22,650
$13,000
TBA

Estimated Additional Expenses
(not included in Program Fee)

 
Fall Semester 2008
Academic Year 2008-09
Spring Semester 2009
Summer Session 2009

Passport (plus cost of photos)

$110
$110
$110
$110

Transportation
(round-trip airfare from MN)

$1,700
$1,700
$1,700
$1,700

Meals

$1700
$4200
$1700
n.a.

Textbook/Course Materials

$500
$1000
$500
$300

Maintain US Health Insurance (recommended)

$800
$1,600
$800
n.a.

Essential Daily Living Expenses

$1,600
$3,600
$2150
$500

TOTAL Estimated Additional Expenses (without spending money)
$6,410
$12,210
$6,960
$

Spending Money
(not included in financial aid eligibility calculation)
$1,000
$2,500
$1,000
$500

TOTAL Estimated Additional Expenses
$7,410
$14,710
$7,960
$

* Use this estimate to help plan and prepare for the program. It is not an official financial document. All amounts listed are estimates and subject to change depending on international economic factors, past participant reports, and on-site staff reports. Student expenditures in-country depend greatly on personal spending habits, post- or during-program travel, and available funds. Estimated Additional Expenses indicate average spending and do not include estimated spending amounts on personal travel.

Academic year estimates  take into account the two and a half month break between fall and spring semester.

Useful Budgeting and Financial Aid Links

 
Last modified on December 19, 2008