Understanding the Program Budget
Line items on the budget sheet are sorted into two sections:
- Billable Expenses: Cashier Billed Expenses are charges applied to your UNC Student Account. You will not pay tuition or program fees to your host institution abroad
- Non-billable Estimates: In addition to the program costs paid to UNC, you will have expenses associated with international travel and living abroad. These are estimated out of pocket expenses you pay yourself. The given amounts are estimated costs based on current exchange rates and on the information provided to us by your host institution and past participants. Depending on your personal spending habits, you may spend more or less than the figures provided. Please note that these expenses do not include vacation travel or sightseeing.
Remember that even fixed costs, such as a visa application fee, are subject to change without notice.
Billing and Payments
Line items listed under Billable Expenses will be charged to your UNC Student Account. Charges and deadlines occur on the same timeline as billing for the term at UNC. See the University Cashier’s Important Dates
page for more information.
Tuition & Fees:
Students will be billed by UNC the program sponsor/host university tuition rates (rate listed is an estimate and is subject to change due to exchange rate fluctuations - charges to your student account may be adjusted once UNC receives the final invoice from the host institution, which may be after you have paid your UNC bill).
The amount listed includes a $2000 IES - UNC Discount
(total Tuition & Fees before Discount: $13,620).
: Amount listed only includes international insurance.
: This cost is an average cost and your cost will depend on the type of housing you choose. Please see the cost breakdown on the IES website
for more accurate information.
: The Application Fee is non-refundable and must be paid by the Application Deadline. See your program application for more details.
Study Abroad Fee
: The Study Abroad Administrative Fee will be billed to your student account only if you accept an offer from the Study Abroad Office to study abroad. If you withdraw from a program after accepting the offer, you still will be charged in the same billing cycle. However, you may apply the paid fee to a future UNC Study Abroad program.
Housing & Meals
: Several options exist for housing (homestays, residence halls, or apartments), each with different meal plan options. Cost listed is an average for housing options; meal costs will vary depending on housing choice. See program's website for list of options and inclusions.
Immigration - Registration Permit
: This is a one-time fee for the required Italian Residency Permit fee. The amount listed are U.S. dollar equivalent of cost in Euros. Final cost you pay is subject to change based on exchange rate fluctuations.
This budget is an estimate valid at the time of printing and is subject to change. Last cost update: 1/18/2019
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