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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
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) *   $27,720.00 $27,720.00
Billable subtotal:  $27,870.00 $27,720.00
Accommodation - Room/Board   $6,000.00 $7,735.00
Education - Books/Equipment/Supplies   $350.00 $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   $350.00 $0.00
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:  $13,204.00 $12,890.00
Total: $41,074.00 $40,610.00
The tuition rate and UM on-campus costs are sourced from 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.

Accommodation estimate is for a room, not including utilities. 

Transportation is estimated for monthly transport pass, cost could vary. 

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