Skip to content

Programs : Budget Sheet

The following listing represents the Fall Budget Sheet for IES: Milan - Business Studies.
 

Fall Budget Sheet for IES: Milan - Business Studies
Fall Budget Sheet for IES: Milan - Business Studies
Budget Item Internal
Program Tuition *   $17,798.00
Room *   $4,018.00
Board *   $0.00
Insurance *   $230.00
UST Off-Campus Study Fee *   $696.00
Billable subtotal:  $22,742.00
Other   $550.00
Application Fee   $0.00
Additional Meals   $3,400.00
Passport/Consular Fees   $165.00
Airfare (Round-trip from MPLS)   $1,100.00
Personal Expenses   $1,900.00
Books   $100.00
Local travel   $90.00
Non-billable subtotal:  $7,305.00
Total: $30,047.00
Notes:
Fall 2022
Updated: 3/2/22

1. Tuition is based on Option 1: Apartment - double room, no meals provided; and Option 2: Residence Hall - double room, no meals provided.
Option 3: Apartment - single room, no meals provided (carries additional fee $1000)
Option 4: Residence Hall - single room, no meals provided (carries additional fee $1000)
Option 5: Residence Hall - single room, 14 meals per week (carries additional fee $2500)
Option 6: Residence Hall - double room, 14 meals per week (carries additional fee $1500)
2. Visa/passport cost is inclusive of passprot cost and Italian residency permit costs.
3. Additional meal cost is based on Apartment or Residence Hall, no meals provided
 Residence Hall 14 meals per week should budget $1200 for additional meals
4. Other cost is inclusive of cell phone rental (optional) and IES field trips (optional).

Exchange Rate: 1 USD = .86 EUR
Updated: 10/13/21

The tuition amount listed above is either your program’s tuition cost or 12-credits of St. Thomas tuition (3-credits for January Term), whichever is higher. 
 
Your actual costs will vary from this estimate prepared by the Office of Study Abroad. Please compare this estimate to the information you obtain from your program and personalize it based on your chosen program options and personal plans. The Financial Aid Office utilizes this cost estimate when approving scholarships, grants and student loans for use on this off-campus study program. 
* Billable item