ESTIMATE OF STUDENT EXPENSES FOR THE FALL 2009
ENGLISH STUDY GROUP IN LONDON, ENGLAND

The following is an estimate of student expenses beyond tuition and student fees. It is based on expense reports provided by members of previous London Study Groups and the latest available information from Professor Davies. These dollar figures have had 5% added for inflation and were calculated at an average exchange rate of $ 1.457 U.S. dollars per British (as of 3/19/09). Where student-reported figures are listed, the average and the range are included.  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

$   4,817 Room in London (3,306)
 +    714 Room and meals on field trips (490)
$ 5,531 TOTAL BILLED BY COLGATE BEYOND TUITION


B) NECESSARY OUT-OF-POCKET EXPENSE - NOT BILLED BY COLGATE

$ 1,000  Estimate - Roundtrip airfare from New York to London.  A connecting flight to NYC may increase cost.
+   100 Estimate - Roundtrip transportation airport/flat
$1,100 TOTAL ESTIMATED NECESSARY OUT-OF-POCKET TRAVEL EXPENSES


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

$ 1,950 Food - group average (range: $770 - $3,300)
+    603 Necessary expenses - books, local transportation, printing fees, etc. - group average (range: $320 - $1,650)
$2,553 TOTAL ESTIMATED NECESSARY OUT-OF-POCKET LIVING EXPENSES - GROUP AVERAGE


D) PERSONAL EXPENSES - NOT BILLED BY COLGATE

$  2,425 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 and personal travel is $221 - $5,513.


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

(A) $   5,531 Amount billed by Colgate beyond tuition
(B)      1,100 Transportation to study group site (estimate provided for budgetary purposes)
(C + D) +   4,978 Total estimated out-of-pocket and personal expenses - group average
   $ 11,609 TOTAL ESTIMATED EXPENSES BEYOND TUITION - GROUP AVERAGE
   -   5,955 Minus on-campus room and board ($4,985) and on-campus expenses ($970) according to Financial Aid Office
  $   5,654 TOTAL ESTIMATED EXPENSES BEYOND AN ON-CAMPUS SEMESTER



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