The MGEM program’s tuition for 2012-2013 is US $37,080. In addition, students will pay co-curricular activity fees to cover study tours to neighboring countries or states/provinces, room and board, mandatory health insurance, books and supplies, and other personal expenses.
Every admitted student will have to apply for entry visas in order to study in multiple foreign countries. Each of the hosting countries, Spain, Taiwan, and the U.S., requires that a foreign student submit a Certification of Finances (COF) to show documentary evidence of sufficient financial resources while studying there. Estimates of such costs and COF amounts are as follows:
2012-2013 estimates:
COF for Spanish Visa Application $8,800
COF for Taiwanese Visa Application $4,800
COF for the U.S. Visa Application $9,010
Estimated costs for the program's duration are detailed below:
Program Tuition1
|
US $37,080
|
Other Expenses for Each Session
|
Fall at
IQS
|
Spring at FJU
|
Summer at USF
|
Total in US$4
|
Co-Curricular Activity Fees (Mandatory)2
|
1,200€
|
US$1,550
|
US$2,000
|
US$5,200
|
Room & Board (Dorm + Meal Plan)3
|
5,500€
|
US$2,500
|
US$5,500
|
US$15,550
|
Health Insurance (Estimate)
|
100€
|
US$150
|
US$300
|
US$590
|
Books & Supplies (Estimate)
|
200€
|
US$200
|
US$200
|
US$675
|
Other Personal Expenses (Estimate)
|
1,000€
|
US$1,000
|
US$1,000
|
US$3,375
|
Subtotal of Session Expenses
|
8,000€
|
US$5,400
|
US$9,000
|
US$25,390
|
International Airfare (estimate)
|
US$2,610
|
Expected Total Cost
|
US $65,000
|
1. The Tuition is to be paid to the student’s Home Institution before the program starts. A payment plan is available at each Home Institution.
2. The Co-Curricular Activity Fee is to be paid before the start of each session to that session’s Host Institution.
3. The Room & Board is estimated on the most popular option of on-campus dorm room and meal plan. Actual expenses may be lower or higher, depending on each student’s housing choice.
4. Euro expenses are converted at the exchange rate of 1 euro = 1.36875 US dollars.
