Study Abroad General Costs
Student are responsible to pay for the following items. All costs are subject to change.
- Course Materials
- Meals* (See Program page)
- Personal Travel
- Study Abroad Deposit
- Housing Deposit
- Visa Fees
It's especially important for study abroad students to know how much money they have and where they want to spend it. Please see below as we have put together steps for creating a budget for your study abroad program by referencing Bank of America's Better Money Habits.
- Identify the amount of money you have.
- Categorize your expenses. This should include fixed and variable expenses. Categories would include things like food, travel, entertainment, etc.
- Set your goals. Do you want to save a bit of money for a special trip? Are you looking to have a little extra at the end? Determine any short- or long-term goals.
- Make a plan for how you'll spend your money. This is the how, when, where of your budget, so you'll want to be honest with yourself about what is important. For example, if you enjoy experiences over items, your weekly or bi-weekly souvenir budget should be less than your entertainment or travel budget.
- Adjust your habits if necessary. After seeing your budget in action, track your habits and change your goals if you need to. For example, if you see yourself spending less on travel and more on entertainment, consider moving some or one category to the other.
- Check-in regularly! Your budget sheet won't work if you never update it. So, make sure you are taking the time to keep track.
For additional resources on how to budget please use the links below.
- 17 Smart and Realistic Tips for Your Study Abroad Budget - Diversity Abroad
- The Best Way to Carry Money Overseas - SmartTraveler.com
- 10 Tips for Studying Abroad on a Budget - West Texas A&M University, Study Abroad Office