Programs : Budget Sheet
The following listing represents the Current Budget Sheet for Monash University.
Current Budget Sheet for Monash University
| Budget Item | Program Costs | UM On-Campus Cost | ||
|---|---|---|---|---|
| Study Abroad Fee * | $150.00 | $0.00 | ||
| Tuition - UM (Semester) * | $27,720.00 | $27,720.00 | ||
| Billable subtotal: | $27,870.00 | $27,720.00 | ||
| Accommodation - On Campus | $7,000.00 | $0.00 | ||
| Accommodation - On Campus: Room/Board | $0.00 | $7,735.00 | ||
| Education - Books/Equipment/Supplies | $200.00 | $500.00 | ||
| Fees - Student Fees | $0.00 | $801.00 | ||
| Health Insurance - UM/Personal (Semester) | $2,074.00 | $2,074.00 | ||
| Health Insurance - Mandatory Overseas Supplemental | $150.00 | $0.00 | ||
| Meals | $4,300.00 | $0.00 | ||
| Personal Expenses | $2,000.00 | $1,080.00 | ||
| Transportation - Local | $700.00 | $700.00 | ||
| Transportation - Round-Trip Airfare | $2,000.00 | $0.00 | ||
| Immigration - Visa | $425.00 | $0.00 | ||
| Non-billable subtotal: | $18,849.00 | $12,890.00 | ||
| Total: | $46,719.00 | $40,610.00 | ||
| Notes: | ||||
The tuition rate and UM on-campus costs are sourced from https://finaid.miami.edu/cost/ which lists the current cost to attend UM for an academic year (fall and spring). These amounts were divided by 2 to determine the UM cost of attendance for 1 semester.
The Health Insurance rate above is half of the 2020-2021 UM student health insurance plan. Students may choose to use their personal insurance rather than purchase the UM insurance.
Estimated for the higher end of on campus accommodation: https://www.monash.edu/study/why-choose-monash/our-locations/life-in-melbourne/cost-of-living
Meals cost estimated for the higher end of groceries/eating out.
Transportation estimate is on higher end and varies by location.
Please note that the expenses listed in this budget sheet are for a typical term on the program. Program related expenses will vary based on factors including but not limited to the current exchange rate, choice of housing and meals, and individual spending habits.
The Health Insurance rate above is half of the 2020-2021 UM student health insurance plan. Students may choose to use their personal insurance rather than purchase the UM insurance.
Estimated for the higher end of on campus accommodation: https://www.monash.edu/study/why-choose-monash/our-locations/life-in-melbourne/cost-of-living
Meals cost estimated for the higher end of groceries/eating out.
Transportation estimate is on higher end and varies by location.
Please note that the expenses listed in this budget sheet are for a typical term on the program. Program related expenses will vary based on factors including but not limited to the current exchange rate, choice of housing and meals, and individual spending habits.
| * Billable item |