Skip to content

Programs : Budget Sheet

The following listing represents the Spring Budget Sheet for University of Melbourne (BML).

Spring Budget Sheet for University of Melbourne (BML)
Spring Budget Sheet for University of Melbourne (BML)
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
Mandatory Health Insurance (This item will appear on your Penn bill) *   $250.00
Billable subtotal:  $26,334.00
Lodging   $10,500.00
Meals   $2,000.00
Personal Expenses   $2,000.00
Local Transportation   $500.00
Books and Supplies   $250.00
Visa Fee   $430.00
Round Trip Flight from Gateway city to Program site   $1,500.00
Non-billable subtotal:  $17,180.00
Total: $43,514.00
Cost Estimate Preparation: This cost estimate was prepared on October 31, 2017 for the Spring 2018 semester. These costs are approximations and are subject to change. More information about the costs of living can be found in the University of Melbourne Study Abroad and Exchange handbook.

Exchange Rate: USD $1 = 1.31 AUD (10/31/17)

Lodging: The estimated cost for lodging and meals refers to an on-campus residential college that includes a required meal plan. Please note that there are several residential colleges and the exact cost will vary, so students should check with the individual residential college to find out what is/is not included in the fees. Students can also live in off-campus accommodations as well where meals would not be included in rental costs and students will need to pay additional utilities per week. In addition, students may need to pay a security deposit, which is usually one month's rent.  Additional information about accommodation options are available on the University of Melbourne study abroad and exchange website.

Meals: See above.

Personal Expenses: This estimate is meant to cover general expenses of college life, including additional course supplies, photocopying, toiletries, snacks, cell phone, etc. Personal expenses do not include any entertainment or vacation travel costs.

Local Transportation: Airport to semester accommodation/monthly bus/metro pass.

Books and Supplies: University estimate. 

Additional Program Information: The compulsory OSHC health insurance is about AUD $322. Penn Abroad will pay for it initially and then add it to the student's semester bill. For all non-Australian and New Zealand passport holders, a visa is required to enter and stay in Australia to study. Full details on the student visa requirements and application process are available on the Australia Government's Department of Immigration and Border Protection website: The current application fee is about AUD $550.

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