ESTIMATE OF STUDENT
EXPENSES FOR THE SPRING 2005
The following is an estimate of all student expenses. It is based on the most current information available and expense reports from members of the Spring 2003 Japan Extended Study program. These dollar figures have had 5% added for inflation and were calculated at an average exchange rate of 105Yen/Dollar. The amounts given are for the group average (excluding the highest and lowest estimates) provided by students; the ranges for personal spending and personal travel are provided under section C. You should not assume that these amounts will be sufficient without careful spending!
A) AMOUNT BILLED BY COLGATE
$1,123 Roundtrip airfare estimate (individual fares may vary based on departure/return city)
1,336 Room & partial board (breakfast included)
+ 5 Medical Repatriation and Evacuation Insurance
$ 2,464 TOTAL BILLED BY COLGATE
B) NECESSARY OUT-OF-POCKET EXPENSES - NOT BILLED BY COLGATE
$ 525 Food in addition to that provided by Colgate
+ 54 Necessary expenses: books, daily living items, local transportation, etc. - group average
TOTAL ESTIMATED NECESSARY OUT-OF-POCKET LIVING EXPENSES - GROUP
C) PERSONAL EXPENSES
$ 275 Personal spending - entertainment, gifts, etc. - group average (range - $150 - $700)
+145 Personal travel - group average (range - $20 - $450)
$420 TOTAL ESTIMATE PERSONAL EXPENSES - GROUP AVERAGE ______________________________________________________________________________
TOTAL ESTIMATED EXPENSES BEYOND TUITION (A+B+C)
(A) $ 2,464 Amount billed by Colgate
(B+C) + 999 Necessary out-of-pocket living expenses (NOT BILLED BY COLGATE)
$ 3,463 TOTAL ESTIMATED EXPENSES
NOTE THAT SOME OF THESE EXPENSES ARE BASED ON ESTIMATES AND SHOULD BE VIEWED AS SUCH. DO NOT ASSUME THAT THESE AMOUNTS WILL BE SUFFICIENT WITHOUT CAREFUL SPENDING.
STUDENTS WHO ARE RECEIVING FINANCIAL AID WILL RECEIVE ADDITIONAL AID UNDER A SEPARATE COVER AND MAY CONTACT THE STUDENT FINANCIAL AID OFFICE AT 228-7431. ADJUSTMENTS IN THE AID “PACKAGE” WILL BE BASED ON THE ABOVE FIGURES.