ESTIMATE OF STUDENT EXPENSES FOR THE SPRING 2005
EXTENDED STUDY PROGRAM IN JAPAN

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

$579               TOTAL ESTIMATED NECESSARY OUT-OF-POCKET LIVING EXPENSES - GROUP AVERAGE
 

 

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.