ESTIMATE OF STUDENT EXPENSES FOR THE FALL 2009
COLGATE STUDY GROUP IN KYOTO, JAPAN

The following is an estimate of student expenses beyond tuition and fees. It is based on the latest information provided by Professor Hirata and expense reports by previous members of the Japan Study Group. These dollar figures have had 5% added for inflation and were calculated at an average exchange rate of 102.236  Japanese Yen per U.S. dollar (as of March 17, 2009). You should not assume that these amounts will be sufficient without careful spending!

REMEMBER THAT THE COSTS LISTED HERE ARE BASED ON ESTIMATES IN THE LOCAL CURRENCY.  WITH THE FLUCTUATING DOLLAR, COSTS MORE THAN LIKELY WILL CHANGE BETWEEN NOW AND THE TIME THE STUDY GROUP DEPARTS.

A) AMOUNT BILLED BY COLGATE BEYOND TUITION

$   2,250 Room & meals in Kyoto (based on 150,000 room and 80,050 for food)
     2,563 Room & meals on field trips (based on 212,000 room and 50,000 for food)
      430 Roundtrip local transportation to and from airport (based on 44,000)
 +     244 Surcharge for travel (24,949)
$  5,487 TOTAL BILLED BY COLGATE BEYOND TUITION

B) NECESSARY OUT-OF-POCKET TRAVEL EXPENSES - NOT BILLED BY COLGATE

$    1,400 Roundtrip airfare New York to Japan  (Provided for informational purposes. You may find a cheaper fare.)


C) NECESSARY OUT-OF-POCKET LIVING EXPENSES - NOT BILLED BY COLGATE
   

$ 482 Food in addition to that provided by Colgate - group average (range: $100 - $800)
+ 151 Necessary expenses - books, daily living items, concerts, plays, museums, etc. - group average
(range: $50 - $300)
$ 633 ESTIMATED NECESSARY OUT-OF-POCKET EXPENSES - GROUP AVERAGE


D) PERSONAL EXPENSES - NOT BILLED BY COLGATE

$ 1,940 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.  The range for personal spending in $368 - $9,261.

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

(A) $ 5,487 Amount billed by Colgate beyond tuition
(B)    1,400 Total estimated necessary travel expenses
(C + D) + 2,573 Total estimated out-of-pocket and personal expenses
  $ 9,460 TOTAL ESTIMATED EXPENSES BEYOND TUITION
  - 5,955 Minus on-campus room and board ($4,985) and minimum on-campus expenses ($960) according to Financial Aid Office
  $3,505 TOTAL ESTIMATED EXPENSES BEYOND AN ON-CAMPUS SEMESTER

                    INCREASES IN THE AID "PACKAGE" WILL BE BASED UPON THE ABOVE FIGURES.

4/07/09