Program Budget Sheets
University of the Balearic Islands in Palma de Mallorca
Budget Sheet for Fall 2024
Total Estimated Cost to Study Abroad: $44,372
Cost to remain at Vanderbilt: $47,720
The estimated total cost includes all aspects of the study abroad experience. Tuition, housing, meals, airfare, visa fees, books/supplies, local transportation, and personal expenses are included in this estimate. These fees may be paid to Vanderbilt or to third parties; see the estimates for each of these categories below.
This program is estimated to cost $3,348 less than a semester on campus at Vanderbilt.Fees Paid to Vanderbilt University
Students pay Vanderbilt tuition for each term abroad (read more). Fees paid to Vanderbilt University will be typically be billed according to the Office of Student Account's regular schedule for the term. Any Vanderbilt financial aid you normally receive will be automatically applied to your account, as it is when you are on campus (except for work study, which cannot be used abroad).
| Tuition | $32,504 |
| Program Fee | $7,258 |
| Administrative Fee | 0 |
| Total Paid to Vanderbilt | $39,762 |
|---|
Estimated Out of Pocket Costs
These are the fees GEO estimates you will pay to parties other than Vanderbilt. These may be paid to the program partner, to airlines, foreign governments, retailers, and/or other parties.
| Meals | $- |
| Housing | $- |
| Visa/Residence Permit | $160 |
| Books/Supplies | $300 |
| Local Transportation | $- |
| Personal Expenses | $2,550 |
| Airfare | $1,600 |
| Total Paid Out of Pocket | $4,610 |
|---|
Key Details
Included in fees paid to Vanderbilt University: UIB Palma tuition fees are covered by your Vanderbilt tuition payment. The Vanderbilt program fee covers housing and three meals per day. Vanderbilt's mandatory international health insurance is included in the program fee. Vanderbilt's Program Fee is subject to change and will always reflect the actual amount charged to us by our partners. This may result in additional credits or charges to your student account after the amount shown is billed. Please see the partner's currently published fees to check on the fees charged by the partner (start here).
Please note the following regarding the estimated out-of-pocket costs listed above:
- Tuition and fees billed by Vanderbilt for UIB Palma includes housing and a full meal plan (3 meals per day).
- GEO has estimated the fee and will adjust your student account as needed if the final amount is lower or higher than our estimate.
- The cost of Vanderbilt's mandatory health insurance coverage (GeoBlue) is included in the Program Fee paid to Vanderbilt. This cost is based on the length of the program and accounts for $311 of the listed Program Fee.
- Visa costs and requirements may vary depending on your nationality.
- Some students may be required to make a personal appearance at a consulate in order to secure their travel visa, and should budget both time and money for that in the months before they depart.
- The estimate for personal expenses is based on the Vanderbilt campus Student Service Fees and Personal Costs estimates, with adjustments based on local cost of living, length of program, and exchange rates. This amount is expected to allow for entertainment and participation in cultural activities, but does not include extensive personal travel. Also included in Study Abroad's personal expenses estimate is VU's standard estimate for maintaining health insurance in your home country in case of medical emergency.
- Sites like numbeo.com can be useful for getting a sense of what common items and services cost in cities around the globe.
- Airfare costs are highly variable and influenced by a number of factors, so we recommend making your own estimates based on your personal travel plans.
- There may be predeparture costs associated with health checks, vaccination, prescriptions, etc. These costs will vary individually. Vaccinations that are required for entry into your host country or for participation on your program can be covered by financial aid.
University of the Balearic Islands in Palma de Mallorca
Budget Sheet for Spring 2024
Total Estimated Cost to Study Abroad: $42,590
Cost to remain at Vanderbilt: $44,795
The estimated total cost includes all aspects of the study abroad experience. Tuition, housing, meals, airfare, visa fees, books/supplies, local transportation, and personal expenses are included in this estimate. These fees may be paid to Vanderbilt or to third parties; see the estimates for each of these categories below.
This program is estimated to cost $2,205 less than a semester on campus at Vanderbilt.Fees Paid to Vanderbilt University
Students pay Vanderbilt tuition for each term abroad (read more). Fees paid to Vanderbilt University will be typically be billed according to the Office of Student Account's regular schedule for the term. Any Vanderbilt financial aid you normally receive will be automatically applied to your account, as it is when you are on campus (except for work study, which cannot be used abroad).
| Tuition | $30,809 |
| Program Fee | $7,721 |
| Administrative Fee | $0 |
| Total Paid to Vanderbilt | $38,530 |
|---|
Estimated Out of Pocket Costs
These are the fees GEO estimates you will pay to parties other than Vanderbilt. These may be paid to the program partner, to airlines, foreign governments, retailers, and/or other parties.
| Meals | $0 |
| Housing | $0 |
| Visa/Residence Permit | $160 |
| Books/Supplies | $300 |
| Local Transportation | $0 |
| Personal Expenses | $2,000 |
| Airfare | $1,600 |
| Total Paid Out of Pocket | $4,060 |
|---|
Key Details
Included in fees paid to Vanderbilt University: UIB Palma tuition fees are covered by your Vanderbilt tuition payment. The Vanderbilt program fee covers housing and three meals per day. Vanderbilt's mandatory international health insurance is included in the program fee. Vanderbilt's Program Fee is subject to change and will always reflect the actual amount charged to us by our partners. This may result in additional credits or charges to your student account after the amount shown is billed. Please see the partner's currently published fees to check on the fees charged by the partner (start here).
Please note the following regarding the estimated out-of-pocket costs listed above:
- Tuition and fees billed by Vanderbilt for UIB Palma includes housing and a full meal plan (3 meals per day).
- GEO has estimated the fee and will adjust your student account as needed if the final amount is lower or higher than our estimate.
- The cost of Vanderbilt's mandatory health insurance coverage (GeoBlue) is included in the Program Fee paid to Vanderbilt. This cost is based on the length of the program and accounts for $301 of the listed Program Fee.
- Visa costs and requirements may vary depending on your nationality.
- Some students may be required to make a personal appearance at a consulate in order to secure their travel visa, and should budget both time and money for that in the months before they depart.
- The estimate for personal expenses is based on the Vanderbilt campus Student Service Fees and Personal Costs estimates, with adjustments based on local cost of living, length of program, and exchange rates. This amount is expected to allow for entertainment and participation in cultural activities, but does not include extensive personal travel. Also included in GEO's personal expenses estimate is VU's standard estimate for maintaining health insurance in your home country in case of medical emergency.
- Sites like numbeo.com can be useful for getting a sense of what common items and services cost in cities around the globe.
- Airfare costs are highly variable and influenced by a number of factors, so we recommend making your own estimates based on your personal travel plans.
- There may be predeparture costs associated with health checks, vaccination, prescriptions, etc. These costs will vary individually. Vaccinations that are required for entry into your host country or for participation on your program can be covered by financial aid.