2023/24 Cost Breakdown of University of Carlos III de Madrid (UC3M)

This is the estimated budget for this study abroad program. It serves as an estimated cost of attendance for your semester or year abroad. Students often pay for study abroad through a combination of financial aid, personal funds, scholarships, grants, and alternative loans. The total amount listed as the Total Program Cost is the maximum amount of financial aid that can be awarded to you by GVSU. This total program cost does not reflect the amount of aid you will qualify for, rather, it serves as the cap on what can be awarded.

Cost Billed to GVSU

Item

Cost

Description

GVSU Tuition (12-15 credits)

$7,644

*Tuition based on 2023-2024 upper-level instate tuition rates (12-15 credits). Out-of-state students will pay the out-of-state tuition rate.

Paid to Grand Valley State University Student Accounts by the regular tuition payment deadline.

IS 380 Course Fee

$336

Paid to GVSU. The course fee for IS 380 is $28 per credit hour. Participants on this program will register for 12 credits of IS 380.

Chubb Insurance

$175

Chubb health insurance is required for all participants. The cost is $1.46 per day. This is just a general cost estimate based on 120 days. The actual number of days of this program will vary.

Additional Costs

Item

Cost

Description

Passport/Visa

$360

Passport fees: $200. Visa fee: estimated $160. 

Flight 

$1,400

Paid to Airline Provider

Health Insurance

$100-$300

Students are required to proof of health insurance in order to apply for a visa to study in Spain. Check the visa requirements for details on coverage limits. 

Housing

$3,250

Students will make their own housing arrangement by finding housing through one of the UC3M recommended providers. There are many housing options to choose. Students can expect to pay between 400-600 Euro ($400-$600 USD) per month for housing. In addition, students can expect to pay at least 1-2 months' rent for a deposit.

Food

$1,800

On-site personal expenses based on $450 per month for 4 months.

Books & Supplies

$300

On-site expenses

Personal Expenses

$2,000 - $2,400

On-site personal expenses associated with local transportation, laundry, cell phone purchase, and basic necessities. Based on $500 - $600 per month for 4 months

TOTAL PROGRAM COST

TOTAL PROGRAM COST: Costs billed by GVSU + Additional Costs

$17,385—$17,985* per semester

$20,765 (estimated cost for out-of-state students who do not receive the tuition differential scholarship)

Out-of-state students who receive a GVSU tuition differential scholarship will be able to use that scholarship towards the cost of this program. Exception: International students will not have access to the tuition differential scholarship for use towards the cost of study abroad, however, they may still be eligible for the Study Abroad Grant.

Estimated costs are based on a rate of exchange of 1 Euro = 1.10 USD. Exchange rates fluctuate and may impact the estimates listed above. The rate listed here is the rate as of June 2023.

 

 

 

 

*Based on 2022-2023 in-state, upper-division tuition rates for 12-15 credits. If you complete more than 15 GVSU credits during your semester abroad, tuition charges for the additional credit above 15 will be billed to your GVSU student account after you return and PIC completes the transfer of credit.

**The cost of any study abroad program depends to a large extent on the participant’s personal spending habits and lifestyle. Personal travel, entertainment, gifts, souvenirs, and other types of personal spending are costs not reflected in the above estimates.

 

 

Study Abroad Grant

Applicants of this program may be eligible for a Study Abroad Grant ranging from $500-$1,500. More details.

 



Page last modified June 6, 2023