Programs : Budget Sheet
The following listing represents the Current Budget Sheet for Universidad Carlos III de Madrid.
Current Budget Sheet for Universidad Carlos III de Madrid
| Budget Item | Program Costs | UM On-Campus Cost | ||
|---|---|---|---|---|
| Study Abroad Fee * | $150.00 | $0.00 | ||
| Tuition - UM (Semester) * | $30,360.00 | $30,360.00 | ||
| Billable subtotal: | $30,510.00 | $30,360.00 | ||
| Accommodation | $5,000.00 | $9,127.00 | ||
| Education - Books/Equipment/Supplies | $350.00 | $500.00 | ||
| Fees - Student Fees | $0.00 | $801.00 | ||
| Health Insurance - UM/Personal (Semester) | $2,020.50 | $2,020.50 | ||
| Health Insurance - Mandatory Overseas Supplemental | $350.00 | $0.00 | ||
| Meals | $4,000.00 | $2,560.00 | ||
| Personal Expenses | $3,000.00 | $1,080.00 | ||
| Transportation - Local | $120.00 | $700.00 | ||
| Transportation - Round-Trip Airfare | $1,000.00 | $0.00 | ||
| Immigration - Visa | $160.00 | $0.00 | ||
| Immigration - Passport Fee | $150.00 | $0.00 | ||
| Non-billable subtotal: | $16,150.50 | $16,788.50 | ||
| Total: | $46,660.50 | $47,148.50 | ||
| Notes: | ||||
The above budget sheet is reflective for one semester at UC3M.
Billable sub-total: includes any costs that are fixed and billed directly to a student's CaneLink account. All financial aid and scholarships should apply to this amount.
Non-billable sub-total: includes estimates of potential expenses students may be responsible for. Financial aid and scholarships generally will not apply to this amount.
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All other rates and costs are sourced from the Undergraduate Financial Assistance Website for Cost of Attendance. These amounts were divided by 2 to determine the cost for one semester.
Please note that expenses listed are for a typical term on the program. Expenses can vary based on factors including but not limited to the current exchange rate, number of credits enrolled, choice of accommodation and meals, and individual spending habits.
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 sub-total: includes any costs that are fixed and billed directly to a student's CaneLink account. All financial aid and scholarships should apply to this amount.
Non-billable sub-total: includes estimates of potential expenses students may be responsible for. Financial aid and scholarships generally will not apply to this amount.
?
- Accommodation costs (program costs) are estimated based on higher end expenses
- Accommodation costs (UM Costs) are an average of all on-campus options (2023-2024)
- Meals (program costs) are estimated using the per diem rates for the location abroad (US Dept of State Per Diem Rates)
- Meals (UM Costs) are based on the Residential block (2023-2024)
- Personal expenses (program costs) are based on the Spanish Consulate visa requirement of needing $700 per month while abroad
- Health Insurance - UM/Personal is noted in both columns as students are encouraged to maintain their USA health coverage while abroad, even though they are required to purchase supplemental international insurance (at low cost)
All other rates and costs are sourced from the Undergraduate Financial Assistance Website for Cost of Attendance. These amounts were divided by 2 to determine the cost for one semester.
Please note that expenses listed are for a typical term on the program. Expenses can vary based on factors including but not limited to the current exchange rate, number of credits enrolled, choice of accommodation and meals, and individual spending habits.
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 |