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Programs : Budget Sheet

The following listing represents the Fall Budget Sheet for *UMass: Germany: MBA - University of Mannheim.

Fall Budget Sheet for *UMass: Germany: MBA - University of Mannheim
Fall Budget Sheet for *UMass: Germany: MBA - University of Mannheim
Budget Item Graduate Students
Education Abroad Fee *   $860.00
Cell Phone Deposit (Refundable) *   $60.00
Program Fee *   $2,000.00
Education Abroad Application Fee *   $50.00
Billable subtotal:  $2,970.00
Housing   $2,400.00
Meals   $2,000.00
Airfare   $1,200.00
Local Transportation   $200.00
Educational Travel   $2,000.00
Books/Study Materials   $300.00
Visa/Residence Fees   $100.00
Personal Expenses   $2,000.00
Non-billable subtotal:  $10,200.00
Total: $13,170.00
Please note that the program fee is subject to change. The program fee includes tuition and some academic fees ($100/semester), mandatory health insurance for 10/5 months at $110/month and a language and culture course during the month of September/March. Program participants who are over the age of 30 at the start of the program are not eligible for the German student health insurance and must purchase private German health insurance at an additional fee.
  1. The exchange rates is estimated at Euro 1 = 1.13 US$. Be aware that the exchange rate is subject to change. For the most current exchange rate, visit
  2. Items marked as “Billable” are paid to UMass.
  3. Costs for Travel/Excursions vary widely depending on choices of destination, accommodation, and frequency of travel. Plan to add these costs to the above budget.
UMass System students pay the appropriate in-state/out-of-state tuition and fees, New England Regional/in-state Mass Public College students please add $500/sem. to the in-state/out-of-state tuition and fees. 

* Billable item