Programs : Budget Sheet
| Budget Item | In-State Student | Out-of-State Student | ||
|---|---|---|---|---|
| Penn State Tuition for Semester * | $9,912.00 | $18,876.00 | ||
| Education Abroad Program Fee * | $6,610.00 | $6,610.00 | ||
| Education Abroad Administrative Fee for Semester * | $250.00 | $250.00 | ||
| Special Fees Adjustment (out-of-state students on Arcadia, CIEE or IES programs) * | $0.00 | -$8,964.00 | ||
| Billable subtotal: | $16,772.00 | $16,772.00 | ||
| Program Confirmation Deposit (paid directly to program) | $500.00 | $500.00 | ||
| Estimated Round Trip Airfare | $1,005.00 | $1,005.00 | ||
| Student Visa | $160.00 | $160.00 | ||
| Housing | $1,900.00 | $1,900.00 | ||
| Meals (not provided by the program) | $3,225.00 | $3,225.00 | ||
| Books and Supplies | $140.00 | $140.00 | ||
| Additional Personal Expenses | $1,800.00 | $1,800.00 | ||
| Additional Health Insurance (paid directly to program) | $230.00 | $230.00 | ||
| Student Visa Processing Fee | $125.00 | $125.00 | ||
| Non-billable subtotal: | $9,085.00 | $9,085.00 | ||
| Total: | $25,857.00 | $25,857.00 | ||
| Notes: | ||||
Please note that the above costs associated with "Housing" and "Meals (not provided by the program)" are based on the most expensive option for that line item, but additional housing and meals costs are based on housing type while abroad (i.e., homestay, apartment, residence hall). Please see the following information for housing and additional meals costs not covered by the Education Abroad Program Fee.
Meals not included in program fee:
· Homestay $1850
· Apartment $3225
· Residence hall or Collegio Mayor $1850
Housing not included in program fee:
· Apartment: $1,600
· Residence hall or Collegio Mayor: $1,900
Students are assessed the standard University Park Penn State Tuition & Technology Fee and a Program Fee which includes housing, on-site IES orientation and support, and some field trips (when indicated). A reduction for the
Affordability is an important factor when selecting an education abroad program. The programs offered through Education Abroad (EA) vary in cost, depending on the features of the program, geographic location, length, inclusions in the program such as excursions and cultural activities, and the level of on-site support. As institutions around the world determine program costs at different times, it is difficult for EA to provide actual cost information until shortly before the beginning of a program. You are encouraged to consult this document on a regular basis as it is frequently updated with the most current cost information and billing information available.
When Considering the Estimated Program Cost and Billing Information, Please Keep the Following Important Information in Mind:
Financial aid and scholarships are available. Students can use most components of their financial aid packages toward the cost of education abroad. (Please contact the Office of Student Aid for more information, www.psu.edu/studentaid.) Education Abroad offers both merit and need based awards through its Grant-in-Aid, Diversity Grant-in-Aid (funding for minority students and students with disabilities), and the Whole World Scholarship programs. Funding opportunities may also be available through Penn State academic departments. For detailed information on financial aid and scholarship opportunities and application procedures, please see FINANCES.
- Note that the costs listed here are estimates only and are not comprehensive. Actual expenses will vary depending primarily upon one's lifestyle and the exchange rate.
- Currency exchange rates can fluctuate sharply. Be aware of the value of the US dollar to the local currency and consider this factor in the budgeting process. EA reserves the right to adjust its fees in the event of significant change in exchange rates or other factors beyond its control.
- For some programs, semester bills will be issued a couple of weeks later than normal. Please do not be alarmed by this delay.
Program Withdrawal/Refund:
Withdrawal from an Education Abroad program is a serious matter and may have consequences regarding grading, credit transfer, financial aid, University enrollment status, tuition refund, etc. Regardless of the reason and effective date of withdrawal, it is the responsibility of students to immediately notify Education Abroad in writing and to understand the implications of their withdrawal actions. (More information on the University Senate Policy on Withdrawal and Leave of Absence can be found at https://senate.psu.edu/policies-and-rules-for-undergraduate-students/.) In certain cases, partial program expenses may be refundable but only to extent that EA can recover expenses incurred on behalf of the student. Note that the EA Administrative fee of $250 is nonrefundable. The cost of insurance is refundable but only up to the date that enrollment information is submitted to United HealthCare Insurance Company. Any adjustment of tuition charges will be made according to the Tuition Adjustment Schedule as determined by the Office of the Bursar (www.bursar.psu.edu). In addition, students participating on third-party (i.e., CIEE, IES, AESOP, Arcadia, etc.) programs should also consult the appropriate third-party institution's withdrawal and refund policies.
| * Billable item |