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Programs : Budget Sheet

The following listing represents the Year Budget Sheet for Hitotsubashi University (BHI).

Year Budget Sheet for Hitotsubashi University (BHI)
Year Budget Sheet for Hitotsubashi University (BHI)
Budget Item Cost
Tuition (This item will appear on your Penn bill) *   $47,416.00
Study Abroad Fee (This item will appear on your Penn bill) *   $4,752.00
Billable subtotal:  $52,168.00
Lodging   $1,250.00
Utilities   $1,160.00
Meals   $4,350.00
Personal Expenses   $1,450.00
Local Transportation   $750.00
Books and Supplies   $900.00
Mandatory Health Insurance   $120.00
Potential Travel to Consulate for Visa***   $0.00
Round Trip Flight from Gateway city to Program site   $1,300.00
Non-billable subtotal:  $11,280.00
Total: $63,448.00
This cost estimate was created on April 12, 2017 for the AY 2017-2018. These costs are approximations and are subject to change.

Exchange rate:  $1.00 USD = 110.40 Japanese Yen (JPY) (April 12, 2017)  

Lodging: The housing fee is based on the housing fees at Residence Hall Ikkyo-Ryo. Students also have the option of living in International House (Kunitachi) or International Village (Kodaira). Students should budget for the housing option they select and also be sure to budget in any additional fees. 

Utilities and other housing expenses are not included in the lodging expense. Utilities are calculated as follows:
  • Utilities: 6500 yen/month for 8 months
  • Internet: 2000 yen/month for 8 months
  • Fire Insurance: 15,000 yen/semester (*13,000 of total acts as insurance deposit, refunded at conclusion of semester)
  • Linens: 15,000 yen/semester
Additional rates are calculated as follows:
    Meals: 60,000 yen/month for 8 months
    Books and supplies: 50,000 yen/semester
    Local transportation: 10,280 yen/month for 8 months
    Personal expenses:  20,000 yen/month for 8 months
    Health Insurance: Japanese National Health Insurance at 1,500 yen/month for 8 months + 800 yen Personal Accident Insurance (mandatory)

Visa: 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.

Roundtrip Flight from Gateway City: The flight expense listed above is the estimated cost of a round trip ticket from the gateway city of New York to Tokyo.  However, you may depart from the city of your choice.
***Students living outside the gateway city may need to arrange for a connecting flight to a gateway city at an additional variable cost, to be calculated individually by the student.

Please note: this budget sheet does not account for the gap between semesters.  Students should calculate based on their individual circumstance.

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