ESTIMATE OF STUDENT EXPENSES FOR THE SPRING 2010
DOMINICAN REPUBLIC STUDY GROUP IN SANTIAGO, DOMINICAN REPUBLIC
(A consortium study group with Hobart and William Smith Colleges, University of Illinois at Chicago, LeMoyne College and Colgate University)

The following is an estimate of all student expenses beyond tuition. It is based on expense reports by members of previous study groups, adjusted for inflation and currency exchange rates, and the most current information available from our Study Group Director. These dollar figures have had 5% per year added for inflation and were calculated at an exchange rate of 36 Dominican Pesos per dollar (as of 6/19/09). The amounts given are the group average (excluding the highest and lowest estimates) provided by students.  You should not assume that these amounts will be sufficient without careful spending!


A) AMOUNT BILLED BY COLGATE BEYOND TUITION

$   1,889 Room and board at study group site (67,200 Dominican pesos)
      728 Room and board on field trips
      150 Student visa
$ 2,767 TOTAL BILLED BY COLGATE BEYOND TUITION

B) TRANSPORTATION - MAY BE  BILLED BY COLGATE

     $600   Approximate roundtrip airfare from NYC to Dominican Republic only.  This item may be billed by Colgate.     This figure does not include connecting flight costs which may vary for individual students.

C) NECESSARY OUT-OF-POCKET LIVING EXPENSES

$      473 Food in addition to that provided by the program - group average
 +    257 Necessary expenses - books and local transportation - group average
$    730 TOTAL ESTIMATED NECESSARY OUT-OF-POCKET LIVING EXPENSES - GROUP AVERAGE

D) PERSONAL EXPENSES

$   970 Personal expenses such as gifts, toiletries, film, entertainment and any personal travel.  Students often decide to travel on their own during weekends or during the semester break.


TOTAL ESTIMATED EXPENSES BEYOND TUITION (A+B+C+D)

(A) $   2,767 Amount billed by Colgate beyond tuition
(B)         600 Transportation to/from study group site
(C+D) +   1,700 Total estimated out-of-pocket and personal expenses - group average
  $   5,067 TOTAL ESTIMATED EXPENSES BEYOND TUITION
  -   5,955 Minus on-campus room and board ($4,985) and on-campus expenses ($970) according to Financial Aid Office
  $ -  888 TOTAL ESTIMATED EXPENSES LESS THAN AN ON-CAMPUS SEMESTER

INCREASES IN THE AID 'PACKAGE' WILL BE BASED UPON THE ABOVE FIGURES

9/09