ESTIMATE OF STUDENT EXPENSES FOR THE SPRING 2011
HISTORY 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 Dudden. These dollar figures have had 5% added for inflation and were calculated at an average exchange rate of $ 1.44653 U.S. per British pound (as of 3/31/10).  Where student-reported figures are lasted, 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) EXPENSES BILLED BY COLGATE BEYOND TUITION

$ 4,907 Room in London (3,392)
     + 391 Room and meals on field trips (270)
$5,298 TOTAL BILLED BY COLGATE BEYOND TUITION

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

 $   1,200 Estimate - Roundtrip airfare NYC/London. A connecting flight to NYC may increase cost. (If student opts for Colgate-arranged flight, cost of ticket will be billed.)
816 Monthly tube card (141/month x 4 months) (Zone 1 to 4)
+      100 Estimate - Roundtrip ground transportation airport/flat (If student opts for Colgate-arranged flight, there will be airport coach pick up upon arrival.  The cost will be billed.)
$   2,116 TOTAL ESTIMATED NECESSARY OUT-OF-POCKET TRAVEL EXPENSES

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

$ 1,680 Food - group average (range: $900 - $3,500)
+429  Necessary expenses - books, local transportation, printing fees, etc - estimate (range: $100 - $700)
$ 2,109 TOTAL ESTIMATED NECESSARY OUT-OF-POCKET LIVING EXPENSES - GROUP AVERAGE

D) PERSONAL EXPENSES

$ 2,464 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 is $347 - $10,848.

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

(A) $  5,298 Amount billed by Colgate beyond tuition
(B)        2,116 Transportation to study group site (estimate provided for budgetary purposes)
(C+D) +  4,573 Total estimated out-of-pocket and personal expenses - group average
  $ 11,987 TOTAL ESTIMATED EXPENSES BEYOND TUITION - GROUP AVERAGE
  -   6,080 Minus on-campus room and board ($5,095) and on-campus expenses ($985) according to Financial Aid Office
  $  5,907 TOTAL ESTIMATED EXPENSES BEYOND AN ON-CAMPUS SEMESTER

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

5/12/10