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Programs : Budget Sheet

The following listing represents the Fall Budget Sheet for HEC Paris (BHE).

Fall Budget Sheet for HEC Paris (BHE)
Fall Budget Sheet for HEC Paris (BHE)
Budget Item Cost
Tuition (This item will appear on your Penn bill) *   $23,708.00
Study Abroad Fee (This item will appear on your Penn bill) *   $2,376.00
Billable subtotal:  $26,084.00
Lodging   $2,168.00
Lodging Deposit   $737.00
Meals   $1,816.00
Personal Expenses   $1,684.00
Books and Supplies   $253.00
Mandatory Health Insurance   $226.00
Mandatory Housing Insurance and Liability   $25.00
Visa Fee   $236.00
Potential Travel to Consulate for Visa***   $0.00
Round Trip Flight from Gateway city to Program site   $1,200.00
Round Trip Flight from Home to Gateway City***   $0.00
Non-billable subtotal:  $8,345.00
Total: $34,429.00
This cost estimate was prepared in April 2017 for the Fall 2017 semester. These costs are subject to change.

Lodging: Estimate is based on the average rent for a single apartment in HEC housing.

Lodging Deposit: Includes non-refundable lodging application fee (250 euros) and refundable security deposit (450 euros).

Meals: Estimate is based on cost for three meals daily (15 euros/day), if eaten at an HEC student restaurant.

Personal expenses: Personal expenses will vary greatly depending on individual spending habits. 

Mandatory Health and Liability Insurance:  Students studying in France are required to purchase the French national insurance.  Regardless of French coverage, students must still maintain their US health insurance coverage. 

Visa fees: Include approximate cost for both Campus France registration ($180) and visa application ($56).  Visa fees are subject to change; individuals should consult consulate websites.

The airfare price quoted above is based upon the average cost of a round-trip ticket from the gateway city of New York City to the program site. Students may depart from the city of their choice.

***Students living outside of a gateway city area may need to arrange for a connecting flight to a gateway city. These are additional variable costs, to be calculated individually by the student. 

***Additionally, students may need to travel to a consulate to apply for and/or pick up a visa. These are additional variable costs to be calculated individually by the student.

Exchange rate: $1.00 (USD) = 0.95 Euros (April 2017)

Visit this link for more information on how Penn Abroad prepares program budget sheets. 
* Billable item