ESTIMATE OF STUDENT EXPENSES FOR THE SPRING 2011
STUDY GROUP IN CARDIFF, WALES


The following is an estimate of student expenses beyond tuition and student fees.  It is based on expense reports provided by members of previous Wales Study Groups and the latest available information from Professor Robertson.  These dollar figures have had 5% added for inflation and were calculated at an average exchange rate of $1.45974 U.S. per British pound (as of 4/5/10).  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

$   2,491 Estimate - Room at study group site (1,706).  Will vary by room selection.
     460 Room and meals on field trips (315)
  +      22 Coach - London/Cardiff based on 15 students.  Coach will be arranged if students travel together.
$  2,973 TOTAL BILLED BY COLGATE BEYOND TUITION

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

$975 Estimate - Roundtrip airfare NYC/London.  A connecting flight to NYC may increase cost.
  +      22 Return transportation - university to Cardiff airport
$   997 TOTAL ESTIMATED NECESSARY OUT-OF-POCKET TRAVEL EXPENSES

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

$   1,238 Food - group average (range = $540 - $2,000)
+      155 Necessary expenses (books, local transportation, printing fees, etc.) - group average (range: $10 - $500)
$ 1,393 TOTAL ESTIMATED NECESSARY OUT-OF-POCKET LIVING EXPENSES - GROUP AVERAGE


D) PERSONAL EXPENSES - NOT BILLED BY COLGATE

$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 and personal travel is $772 - $9,724.


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

(A) $   2,973 Amount billed by Colgate beyond tuition
(B)       997 Transportation to study group site (estimate provided for budgetary purposes)
(C+D) +  3,857 Total estimated out-of-pocket and personal expenses - group average
  $  7,827 TOTAL ESTIMATED EXPENSES BEYOND TUITION - GROUP AVERAGE
  -   6,080 Minus on-campus room and board ($5,095) plus on-campus expenses  ($985) according to the Financial Aid Office
  $ 1,747 TOTAL ESTIMATED EXPENSES BEYOND AN ON-CAMPUS SEMESTER



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

4/8/10