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Budget Estimate for International Program in Toledo
Looking for the May/Summer Budget? Check here.
This program offers a special discount for U of M students.
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) |
|||
Academic Year 2008-09 |
Fall 2008 |
||
Tuition & Fees (direct cost of education charged uniformly to all students) |
$18,118 |
$9,392 |
$10,116 |
Room & Board** (Residence/Homestay) |
$4,910 (residence)/ $8,210 (homestay) |
$2,422 (residence)/ $4,022 (homestay) |
|
International Health Insurance |
$272 |
$136 |
$144 |
TOTAL Program Fee for residence/homestay (non U of M students) |
$23,300/ $26,600 |
$11,950/ $13,550 |
$12,950/ $14,700 |
Discount for University of Minnesota and AESOP students |
- $850 |
- $850 |
- $850 |
TOTAL Program Fee for residence/homestay (U of M and AESOP students) |
$22,450/ $25,750 |
$11,100/ $12,700 |
$12,100/ $13,850 |
| **The room and board cost for the homestay option includes the additional homestay fee of $3,300 for academic year, $1,600 for fall semester, and $1,750 for spring semester. | |||
Estimated Additional Expenses |
|||
Academic Year 2008-09 |
Fall 2008 |
Spring 2009 |
|
Passport (plus cost of photos) |
$115 |
$115 |
$115 |
Visa |
$200 |
$200 |
$200 |
Transportation |
$1,000 |
$1,000 |
$1,000 |
Texts / Materials |
$200 |
$100 |
$100 |
Meals (during holiday break) |
$500 |
$0 |
$0 |
Maintain US Health Insurance (recommended) |
$1,560 |
$780 |
$780 |
Estimated Daily Living Expenses |
$2,000 |
$1,000 |
$1,000 |
| TOTAL Estimated Additional Expenses (without spending money) |
$5,575 |
$3,195 |
$3,195 |
Spending Money (not included in financial aid eligibility calculation) |
$3,000 |
$1,500 |
$1,500 |
| TOTAL Estimated Additional Expenses |
$8,575 |
$4,695 |
$4,695 |
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.
Useful Budgeting and Financial Aid Links
Last modified on November 21, 2008 |