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Program Budget Sheets

IES Madrid - Engineering, Math, and Science


Budget Sheet for Spring 2020

Total Estimated Cost to Study Abroad: $34,965

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 $1,609 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 $4,050
Administrative Fee $250
Total Paid to Vanderbilt $29,700

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 $1,200
Housing $0
Visa/Residence Permit $285
Books/Supplies $310
Local Transportation $300
Personal Expenses $2,060
Airfare $1,110
Total Paid Out of Pocket $5,265

Key Details

Included in fees paid to Vanderbilt University: IES tuition fees are covered by your Vanderbilt tuition payment. The Vanderbilt program fee covers IES fees for homestay and partial meal plan, and IES health insurance. 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:

  • The academic calendar for this program is longer in the spring than the fall. Expect costs to be higher in the spring.
  • Some housing/meal plan options may carry additional fees; see IES for a full description of options.
  • Estimate for additional meals is based on housing in a homestay while classes are in session.
  • 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 visa fee is based on a $160 visa application fee and $125 group visa processing fee for the IES Abroad ACCeSS service.
  • 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.
  • The personal costs estimate includes $150 reflecting the cost of purchasing or renting a required cell phone.
  • 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.

IES Madrid - Engineering, Math, and Science


Budget Sheet for Fall 2019

Total Estimated Cost to Study Abroad: $34,485

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 $2,089 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 $4,030
Administrative Fee $250
Total Paid to Vanderbilt $29,680

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 $1,200
Housing $0
Visa/Residence Permit $160
Books/Supplies $310
Local Transportation $275
Personal Expenses $1,910
Airfare $950
Total Paid Out of Pocket $4,805

Key Details

Included in fees paid to Vanderbilt University: IES tuition fees are covered by your Vanderbilt tuition payment. The Vanderbilt program fee covers IES fees for homestay and partial meal plan, and IES health insurance. 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:

  • The academic calendar for this program is longer in the spring than the fall. Expect costs to be higher in the spring.
  • Some housing/meal plan options may carry additional fees; see IES for a full description of options.
  • Estimate for additional meals is based on housing in a homestay while classes are in session.
  • 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 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.
  • The personal costs estimate includes $150 reflecting the cost of purchasing or renting a required cell phone.
  • 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.