ESTIMATE OF STUDENT EXPENSES FOR THE FALL 2010
COLGATE STUDY GROUP IN MANCHESTER, ENGLAND

The following is an estimate of student expenses beyond tuition and student fees.  It is based on expense reports by members of previous Manchester Study Groups and the latest available information from Professor Pinet. These dollar figures have had 5% added for inflation and were calculated at an average exchange rate of $1.4423 U.S. per British pound (as of March 16, 2010). 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

$  2,362 Room charges in Manchester (1,638)
   + 325 Room and meals on field trips (225)
$ 2,687 TOTAL BILLED BY COLGATE BEYOND TUITION

B) TRANSPORTATION - NOT BILLED BY COLGATE

$   1,200 Estimate roundtrip airfare NYC/Manchester.  May be billed by Colgate if students participate in a group flight.  A connecting flight to NYC may increase cost.
+        72 Roundtrip travel from airport to study group site (50)
$   1,272 TOTAL ESTIMATED NECESSARY OUT-OF-POCKET TRAVEL EXPENSES

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

$   1,215 Food  - group average (range: $300 - $3,000)
+        54 Necessary expenses - books, local transportation (weekly city bus pass at approximately 7/week or 112/semester), and daily living items - group average (range: $5 - $200)
$  1,269 TOTAL NECESSARY OUT-OF-POCKET LIVING EXPENSES - GROUP AVERAGE

D) PERSONAL EXPENSES - NOT BILLED BY COLGATE

$  2,957 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 $840 - $10,200.

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

(A) $   2,687 Amount billed by Colgate beyond tuition
(B)      1,272 Transportation to study group site (Estimate provided for budgetary purposes)
(C+D) +  4,226 Total estimated out-of-pocket living and personal expenses (includes meals) - group average
  $   8,185 TOTAL ESTIMATED EXPENSES BEYOND TUITION - GROUP AVERAGE
  -   6,080 Minus on-campus room and board ($5,095) and on-campus expenses ($985) according to the Financial Aid Office
  $ 2,105 TOTAL ESTIMATED EXPENSES BEYOND AN ON-CAMPUS SEMESTER

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

3/25/10