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Programs : Budget Sheet

The following listing represents the Fall Budget Sheet for IES Abroad Milan - Business Studies.
 

Fall Budget Sheet for IES Abroad Milan - Business Studies
Fall Budget Sheet for IES Abroad Milan - Business Studies
Budget Item Internal
Tuition *   $16,770.00
Housing & Included Meals (if any) *   $4,275.00
Wofford Administrative Fee *   $3,191.25
Program Insurance *   $230.00
Billable subtotal:  $24,466.25
Airfare   $1,000.00
Local Transportation   $250.00
Educational Travel   $500.00
Independent Travel   $1,000.00
Visa & Consulate Visit (if applicable)   $290.00
Books & Supplies   $120.00
Personal   $2,000.00
Passport & Photos   $240.00
Cell Phone   $150.00
Meals (not included in fee)   $4,700.00
Non-billable subtotal:  $10,250.00
Total: $34,716.25
Notes:
Budget estimate based on Fall 2023 fees (Updated 3/16/2023)
For program dates: September 4 - December 20, 2023 **

1. Tuition: Students enrolling in courses at a partner institution are charged up to $1,870 per course.

2. Housing & Included Meals: Housing cost and included meals vary by housing type. The figure above is for students staying in an Apartment,  Homestay or Honors Residence Hall. Students staying in premium location Residence Hall are charged an additional $750. Homestays include 12 meals per week and the Honors Residence hall includes 16 meals per week. No meals are included in the Apartment option.

3. Educational Travel: Optional IES Abroad field trips range from $250 - $500.

4. Visa: Figure includes consular fees ($65), Wofford visa processing fee ($75), and on-site residency permit ($150). The Residency Permit Fees are paid on-site to the Italian Government (if applicable).

5. Books & Supplies: Textbooks and course materials range in cost from $50 - $120.

6. Passport: The estimated cost above includes the $60 fee for expedited service. Due to COVID-19 and its impact on the U.S. Postal Service, the U.S. State Department is currently experiencing delays in receiving passport applications with routine processing service estimated to take as long as 11 weeks. We, therefore, recommend that students send their application using USPS’ Priority Mail Express and consider requesting expedited service if able. Click here for more information on securing a passport.

7. Meals: The out-of-pocket cost of meals varies by housing type. The figure above is for those staying in an Apartment or Premium Residence Hall, with no meals provided. Students staying in a other housing options should budget the following: Homestay ($2,000) or Honors Residence Hall ($1,600) for meals during the semester, since some are provided through their housing. 

Please note you may have additional expenses related to required or recommended immunizations. The Wofford College Office of International Programs urges you to consult our program materials, the Centers for Disease Control website, and your healthcare provider to assess such needs.

Your actual costs will vary from this estimate prepared by the Office of International Programs. Please compare this estimate to the information that you receive from your program and personalize it based on your chosen program options and personal plans. The Financial Aid Office utilizes this cost estimate when approving scholarships, grants and student loans for use when studying away from campus. All of the above expenses with the exception of independent travel and personal expenses may be used in configuring your financial aid package. Once you are admitted, you may contact the Financial Aid Office with questions regarding your financial aid package.

** Do not use the above dates for booking flights - use the dates and arrival instructions provided to you directly from your program.
* Billable item