It’s important to think about all the expenses you are likely to incur while abroad so you and your family can plan ahead. Your program Fees section explains what your program fee does and does not cover, and will provide you with an overall estimate of expected expenses. For example, your airfare to your host country is not included in your program fee. It is important to note that the "Estimate of Additional Expenses" information is provided for planning purposes only, and may vary according to your own personal spending habits.

Items to consider

  • Expect to spend extra on meals and basic expenses during your first couple of weeks in-country as you settle in.
  • If you are living in self-catered accommodation you may have to budget for some household items such as pots, pans, silverware, sheets etc.
  • The cost of meals, books, local transport and personal items will vary. Check out the FAQ section for tips on phones and vacation travel considerations.
  • Count up your weeks of study and vacation, if any, under your program.
  • Transportation - The Fundación will provide a transportation pass, valid for a month, for you. Monthly transportation passes are called abonos. The abono will allow you to use the public transportation system to get around the city.
  • Make daily and weekly budgets and stick to them.
Sample Budget Worksheet
Expenses
Full program fee (including $500 deposit) $              
Orientation expenses
Meals (#program weeks _ x $ _ per wk)
Special Courses Fee
Books/photocopies
Local transport
Personal expenses
Vacation expenses
Airfare
Total Expenses

Resources
Family contribution $              
Your savings
Stafford Loan (deduct 5% for origination fees)
Other financial aid
Other resources
Total Resources