Fee Schedule Fall 2023
Kelley School of Business Exchange University Carlos III-Madrid The Overseas Study fee is based on actual IU tuition that is set by the IU Board of Trustees and assessed according to your residency status. In late August, you will be notified via e-mail, that your statement is available for viewing through IU Bursar Pay. The $500 prepayment and any applicable IUB financial aid will be reflected as credit. The total program fee will be listed as three separate charges on the Bursar’s bill. The fees listed as “OVST Fees - (IU admin prog)” are the instructional fees that qualify as educational expenses. The “OVST insurance Fee” is required of participating students and you will be assessed the OVST/IU Service Fee. Fixed Fees Paid to Indiana University Resident Due April 4 to Overseas Study - Non-refundable Prepayment
Non-Resident
$500.00
$500.00
Fall OVST fees (IU-admin program)
$5,156.23
$19,502.01
OVST Insurance Fee
$158.80
$158.80
OVST/IU Service Fee
$241.95
$241.95
($500.00)
($500.00)
$5,556.98
$19,902.76
Due September 10 to IUB Bursar:
Overseas Study Prepayment Credit-applied to bill Total Fixed Fees Paid to Indiana University *Fee based on 2023-24 tuition
Students will need additional funds to pay the estimated additional program costs. These will vary from student to student as they are based on individual spending habits and lifestyle choices. The dollar’s value will also affect your costs.
ESTIMATED Additional Program Costs – Paid out of Pocket Immigration/Visa Fees
$190 - $300
International Airfare
$1,200 - $1,600
Local Transportation
$350
Apartment/Housing Costs
$2,400 - $4,000
Language Course Fee
$200 - $300
Books and Course Materials
$80 - $140
Groceries/Meals
$1,200 - $2,400
Personal Expenses
$1,500 - $3,000
Total ESTIMATED Additional Costs
$7,120 - $12,090
Total Estimated Program Costs Resident Total Fixed Fees Paid to IU Total Estimated Additional Program Costs Total ESTIMATED Costs
Non-Resident $5,556.98
$19,902.76
$7,120.00 - $12,090.00
$7,120.00 - $12,090.00
$12,676.98 - $17,646.98
$27,022.76 - $31,992.76
IU Withdrawal and Refund Policy Students who withdraw from IU administered programs are responsible for non-recoverable costs as well as the OVST Service Fee. Your Bursar account will be assessed an additional charge to cover any/all amounts 5/23
International Center
330 N. Eagleson Avenue
Bloomington, IN 47405
(812) 855-9304