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Programs : Budget Sheet

The following listing represents the Spring Budget Sheet for University of Minnesota: Madrid.

Spring Budget Sheet for University of Minnesota: Madrid
Spring Budget Sheet for University of Minnesota: Madrid
Budget Item Internal
Program Tuition *   $17,196.00
Room *   $4,395.00
Board *   $0.00
Insurance *   $200.00
Program Fees *   $0.00
UST Off-Campus Study Fee *   $673.00
Billable subtotal:  $22,464.00
Other   $175.00
Application Fee   $0.00
Additional Meals   $1,000.00
Passport/Consular Fees   $410.00
Airfare (Round-trip from MPLS)   $1,500.00
Personal Expenses   $2,500.00
Books   $50.00
Local travel   $0.00
Non-billable subtotal:  $5,635.00
Total: $28,099.00
Spring 2022
Updated 10/14/21

1. Room based on homestay option (breakfast and dinner included). Student Apartment option does not include meals
2. Additional meals is for homestay option (lunches). Student Apartment option should budget $2,500
3. Passport / Consular fee includes passport and photos ($100), student visa consulate fee ($160), and LAC service fee ($100)
4. Other is for immunizations
5. Personal expenses includes cell phone and local travel, as well as other essential daily living expenses

Exchange Rate: 1 USD = .86 EUR
Updated: 10/14/21

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