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Program Budget Sheets

SIT Switzerland: Banking, Finance, and Social Responsibility


Budget Sheet for Spring 2020

Total Estimated Cost to Study Abroad: $37,935

Cost to remain at Vanderbilt: $36,574

The estimated total cost includes all aspects of the study abroad experience. Tuition, housing, meals, airfare, visa fees, books/supplies, local transportation, and personal expenses are included in this estimate. These fees may be paid to Vanderbilt or to third parties; see the estimates for each of these categories below.

This program is estimated to cost $1,361 more than a semester on campus at Vanderbilt. Need-based financial aid awards may be increased to meet higher estimated costs. Whether or not students receive need-based aid, they may click here to request a financial review from the Office of Student Financial Aid.

Fees Paid to Vanderbilt University

Students pay Vanderbilt tuition for each term abroad (read more). Fees paid to Vanderbilt University will be typically be billed according to the Office of Student Account's regular schedule for the term. Any Vanderbilt financial aid you normally receive will be automatically applied to your account, as it is when you are on campus (except for work study, which cannot be used abroad).

Tuition $25,400
Program Fee $7,420
Administrative Fee $250
Total Paid to Vanderbilt $33,070

Estimated Out of Pocket Costs

These are the fees GEO estimates you will pay to parties other than Vanderbilt. These may be paid to the program partner, to airlines, foreign governments, retailers, and/or other parties.

Meals $0
Housing $0
Visa/Residence Permit $465
Books/Supplies $50
Local Transportation $0
Personal Expenses $2,910
Airfare $1,440
Total Paid Out of Pocket $4,865

Key Details

Included in fees paid to Vanderbilt University: SIT tuition fees are covered by your Vanderbilt tuition payment. The Vanderbilt program fee covers SIT's charges for housing and three meals per day. The administrative fee covers Vanderbilt's mandatory international health insurance. Vanderbilt's Program Fee is subject to change and will always reflect the actual amount charged to us by our partners. This may result in additional credits or charges to your student account after the amount shown is billed. Please see the partner's currently published fees to check on the fees charged by the partner (start here). Be aware that a number of programs are more expensive in the spring than the fall due to differences in the length of the term.

Please note the following regarding the estimated out-of-pocket costs listed above:

  • Students attending this program in the fall will receive a $1000 scholarship from SIT.
  • Visa costs and requirements may vary depending on your nationality.
  • Some students may be required to make a personal appearance at a consulate in order to secure their travel visa, and should budget both time and money for that in the months before they depart.
  • The estimate for personal expenses is based on the Vanderbilt campus Student Service Fees and Personal Costs estimates, with adjustments based on local cost of living, length of program, and exchange rates. This amount is expected to allow for entertainment and participation in cultural activities, but does not include extensive personal travel. Also included in GEO's personal expenses estimate is VU's standard estimate for maintaining health insurance in your home country in case of medical emergency.
  • Students attending this program are required to have a smart phone that is able to accept a local SIM card, or must purchase such a phone locally; contact SIT with questions.
  • Airfare costs are highly variable and influenced by a number of factors, so we recommend making your own estimates based on your personal travel plans.
  • There may be predeparture costs associated with health checks, vaccination, prescriptions, etc. These costs will vary individually.
In addition to the costs above, you should also maintain your health insurance coverage in your home country in case of medical emergency.

This program is estimated to cost more than a semester on campus at Vanderbilt. Need-based financial aid awards may be increased to meet higher estimated costs. Whether or not students receive need-based aid, they may click here to request a financial review from the Office of Student Financial Aid.