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Programs : Budget Sheet

The following listing represents the Year Budget Sheet for Technion: Israel Institute of Technology (BTN).
 

Year Budget Sheet for Technion: Israel Institute of Technology (BTN)
Year Budget Sheet for Technion: Israel Institute of Technology (BTN)
Budget Item Cost
Tuition (This item will appear on your Penn bill) *   $40,594.00
Study Abroad Fee (This item will appear on your Penn bill) *   $3,772.00
Billable subtotal:  $44,366.00
Lodging   $3,100.00
Personal Expenses   $6,000.00
Local Transportation   $700.00
Mandatory Health Insurance   $400.00
Visa Fee   $47.00
Potential Travel to Consulate for Visa***   $0.00
Round Trip Flight from Gateway city to Program site   $1,500.00
Round Trip Flight from Home to Gateway City***   $0.00
Non-billable subtotal:  $11,747.00
Total: $56,113.00
Notes:

This cost estimate was updated on May 13, 2013 for the 2013-2014 academic year. These costs are approximations and subject to change.

Lodging costs are based on dormitories on-campus at approximately $310 per month for 10 months (includes internet and electricity).

Personal expenses include normal spending for cultural activities and essential daily needs as well as meals and books and supplies. The Technion recommends $500-$600 per month for these costs.

The flight expense listed above is the estimated cost of the round-trip group flight from the gateway city of New York to Tel Aviv. Students wishing to make their own travel arrangements must notify Tel Aviv of their arrangements.

***Students may need to travel to a consulate to apply for and/or pick up a visa. Additionally, students living outside of the New York 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.

Exchange Rate: $1 USD = $3.57 New Israeli Shekel (NIS) on May 13, 2013

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

* Billable item