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Program Budget Sheets

Budapest University of Technology and Economics


Budget Sheet for Spring 2020

Total Estimated Cost to Study Abroad: $34,820

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 $1,754 less than a semester on campus at Vanderbilt.

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 $3,000
Administrative Fee $250
Total Paid to Vanderbilt $28,650

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 $2,950
Housing $0
Visa/Residence Permit $80
Books/Supplies $200
Local Transportation $80
Personal Expenses $1,710
Airfare $1,150
Total Paid Out of Pocket $6,170

Key Details

Included in fees paid to Vanderbilt University: Budapest University of Technology tuition fees are covered by your Vanderbilt tuition payment. The Vanderbilt program fee covers housing, public transportation pass, and on-the-ground support provided by CIEE. The administrative fee covers Vanderbilt's international health insurance.

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

  • Enrollment is offered via a direct exchange agreement. Vanderbilt contracts with CIEE to offer housing and support to our students during the duration of the program. Students may pay additional fees directly to the host university.
  • Students who live near a consulate are strongly encouraged to get a travel visa. There is no fee for the visa; the cost shown here is for the residence permit, which will be obtained after arrival in Budapest.
  • Hungarian health insurance is required to obtain the residence permit; this costs about EUR 120 per semester and is included here under personal expenses.
  • Visa costs and requirements may vary depending on your nationality.
  • 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.
  • 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.

Budapest University of Technology and Economics


Budget Sheet for Fall 2019

Total Estimated Cost to Study Abroad: $31,765

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 $4,809 less than a semester on campus at Vanderbilt.

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 $3,000
Administrative Fee $250
Total Paid to Vanderbilt $28,650

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 $80
Books/Supplies $200
Local Transportation $75
Personal Expenses $1,610
Airfare $1,150
Total Paid Out of Pocket $3,115

Key Details

Included in fees paid to Vanderbilt University: Budapest University of Technology tuition fees are covered by your Vanderbilt tuition payment. The Vanderbilt program fee covers housing, public transportation pass, and on-the-ground support provided by CIEE. The administrative fee covers Vanderbilt's international health insurance.

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

  • Enrollment is offered via a direct exchange agreement. Vanderbilt contracts with CIEE to offer housing and support to our students during the duration of the program. Students may pay additional fees directly to the host university.
  • Students who live near a consulate are strongly encouraged to get a travel visa. There is no fee for the visa; the cost shown here is for the residence permit, which will be obtained after arrival in Budapest.
  • Hungarian health insurance is required to obtain the residence permit; this costs about EUR 120 per semester and is included here under personal expenses.
  • Visa costs and requirements may vary depending on your nationality.
  • The estimate for personal expenses is based on the Vanderbilt campus activity/rec fee and personal costs estimate, 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.
  • 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.