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Programs : Budget Sheet

The following listing represents the Fall Budget Sheet for International Christian University.

Fall Budget Sheet for International Christian University
Fall Budget Sheet for International Christian University
Budget Item Exchange (In-State) Non-exchange/Direct Enroll/Faculty-Led
Study Abroad Admin Fee * $925.00 $925.00
Tuition & Fees - Semester (Exchange) * $4,499.00 $0.00
Tuition & Fees - Semester (Non-exchange) *   $0.00 $4,500.00
Insurance - GeoBlue (Required) *   $126.15 $126.15
Cashier Billed Expenses subtotal:  $5,550.15 $5,551.15
Application Fee   $50.00 $50.00
Airfare (estimate)   $2,000.00 $2,000.00
Books (estimate)   $300.00 $300.00
Housing (estimate)   $1,800.00 $1,800.00
Insurance - Host Institution/Organization Health   $90.00 $90.00
Meals (estimate)   $1,500.00 $1,500.00
Passport Costs   $165.00 $165.00
Personal Expenses (estimate)   $1,500.00 $1,500.00
Out-of-Pocket Estimates subtotal:  $7,405.00 $7,405.00
Total: $12,955.15 $12,956.15

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
  • Out-of-Pocket 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.

Special Notes

Tuition & Fees:
  • Exchange: In-State students pay UNC tuition rates based on their residency classification
  • Non-exchange: Out-of-State & Non-Exchange students will be billed by UNC the 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)
Application Fee: 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: Housing costs vary widely depending on the students' selection and placement. This is merely an estimate and there are certainly less/more expensive options available.

Insurance - GeoBlue: The required UNC Study Abroad Insurance, provided by GeoBlue, is billed at a daily rate. The amount billed to your UNC account may change based on changes to the official term dates at your host institution or program.

Insurance - Host Institution/Organization Health: This insurance is required by ICU for medical services on campus. The required GeoBlue insurance policy covers you off campus. 

This budget is an estimate valid at the time of printing and is subject to change. Last cost update: 2/11/19

* Billable item