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Programs : Budget Sheet

The following listing represents the Fall Budget Sheet for Bocconi University (BMI).

Fall Budget Sheet for Bocconi University (BMI)
Fall Budget Sheet for Bocconi University (BMI)
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   $3,368.00
Lodging Deposit   $421.00
Meals   $1,516.00
Personal Expenses   $1,684.00
Local Transportation   $100.00
Mandatory Health Insurance   $52.00
Visa Fee and Required On-Site Documentation   $264.00
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:  $8,605.00
Total: $34,689.00
This cost estimate was updated on March 3, 2017 for the Fall 2017 semester. These costs are subject to change.

Lodging: estimate is for self-catered accommodation through Bocconi.

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

Mandatory Health Insurance:  Students studying in Italy may be required to purchase the Italian national insurance upon arrival.  Regardless of Italian coverage, students must still maintain their US health insurance coverage. 

Visa fees: Include approximate cost for both the entry visa and permesso di soggiorno (residency permit).  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 (March 2017)

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