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Programs : Budget Sheet

The following listing represents the Fall Budget Sheet for UMass: China: MBA-Shanghai Jiao Tong University.
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Fall Budget Sheet for UMass: China: MBA-Shanghai Jiao Tong University
Budget Item Graduate Students
Program Fee *   $1,400.00
Education Abroad Fee *   $850.00
Billable subtotal:  $2,250.00
Airfare   $1,500.00
Visa/Residence Fees   $140.00
Health & Liability Insurance   $240.00
Meals   $1,200.00
Books/Study Materials   $80.00
Local Transportation   $400.00
Educational Travel   $750.00
Personal Expenses   $1,100.00
Off-campus Accommodations   $1,600.00
Non-billable subtotal:  $7,010.00
Total: $9,260.00
Notes:

**In addition, Shanghai Jiao Tong University charges a Registration Fee of US $780.

PLEASE NOTE:  Program Fee is subject to change.  The International Programs Office will be making periodic adjustments.

Visa/Residence Fees:  This is an estimate of the cost of applying for a student visa.  There will be a visa application fee charged by the Chinese Consulate, and a processing fee charged the visa expeditor company.  The Chinese Consulate requires the applicant or their proxy  to show up at the consulate to apply.  A list of visa expeditor companies used by UMass students in the past will be provided by the International Programs Office.

Health & Liability Insurance:  This is an insurance fee charged by Antai College of all international students.

Meals:  There is no meal plan.  This is an estimate of the amount of cash needed to buy meals at the campus cafeteria or other inexpensive eateries.  The estimate is based on 50 - 80 RMB per day.

Books/Study Materials:  This is the estimate given to UMass by Antai College.  They estimate 500 RMB per semester for books, supplies, laundry, etc.

Local Transportation:  This is the estimate given to UMass by Antai College.  They estimate 600 RMB/month for transportation on subway, bus, etc.  The cost of a taxi ride from Pudong International Airport to the Antai College campus is estimated by them to be about RMB 150.  The cost of a taxi ride from Hongqiao Airport to Antai College campus is estimated to be about RMB 50.

Educational Travel:  This is an estimate of travel costs for making some short trips to nearby cities or areas for long weekends.

Personal Expenses:  This is an estimate of costs for personal expenses such as buying a cell phone, personal items and supplies, some additional more expensive meals.

Off-campus Accommodations:  Antai College estimates that an off-campus apartment will cost about 2500 RMB per month.  We are asking them to provide more information about cost for a shared apartment, damage deposit, etc.

Off-campus apartments:  Location and cost of off-campus apartments have yet to be confirmed by Shanghai Jiao Tong University.

Anticipated on-site costs in Shanghai:  Antai College estimates the total of on-site costs to be about 20,900 RMB or about USD $3,360.

Online currency conversion can be found at www.oanda.com

 

* Billable item
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