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Financial Plan

Writer: Jessica TannJessica Tann

Updated: Jan 22, 2022

Understanding and planning my budget.



Financial Plan


What is the fee?

  • ~ $18,383.20 (Attached below is the TTU official budget)

General Fees: academic fees; application fee; administrative fee; tuition and other academic fees; books and other supplies; computers: internet use fees, access to e-mail

  • No application fee

  • Administration fee, tuition, academic fees are included in TTU budget. (See below)

  • WiFi is provided at my host home, most cafes, and inside the university. I need one book for my classes ($22) and used my previous class materials, including a laptop.

Accommodations/Food:

  • All meals, breakfast, lunch, and dinner, are included intuition as well as housing up until May 9th, including holidays.

Transportation: round-trip transportation from the United States to the host country; transportation between the point of international entry and program site, if not included in the round-trip transportation fee; commuting costs to and from campus; program-related travel and excursions; optional travel (rail passes, etc.).

  • My flight to Spain, including luggage (x3) and travelers insurance, was ~$500. Taxi to the hotel is about 20 Euros. Taxi to host home about 12 Euros. My flight back will probably be about $800. Taxi to the airport will be about 30 Euros.

  • Commute to and from campus is within walking distance but if I choose to take the bus, a bus pass is included in tuition.

  • Flights/Trains to and from other countries are pretty cheap, the expensive part is having a PCR test to leave the country. I will give about 3,000 Euros in traveling to accommodate hotels, PCR tests, food, and flights/train rides.

Travel Documents: passport fee; visa, if required; immunizations

  • I had to renew my passport ($160) and buy a money order for my student visa ($160). I took my picture for my student visa in the International Cultural Center ($12). My COVID-19 vaccine was free of cost.

Insurance: health and accident insurance; traveler's insurance, for lost or stolen personal items.

  • Health insurance is provided by Texas Tech. I did not have to purchase flight/travelers insurance since it was included in my flight payment. Did not purchase insurance for items that could be potentially be lost or stolen.

Miscellaneous: admission to cultural sites and events; gifts; fluctuating exchange rates; postage and phone calls; other program-related expenses.

  • The international phone plan is 20 Euros a month. I do not plan on writing any letters.

  • Cultural sites and events are covered by tuition. If I plan to do my own cultural sites I plan for about 200 Euros worth of cost. (Student tickets are very cheap)

  • I will include about 200 Euros for gifts.

Personal: laundry; dry cleaning; personal care products.

  • Laundry is done by the host mom which is included in the housing. Personal care products were all bought before leaving totaling about $150.

Additional: Clothing appropriate to the climate.

  • 400 Euros for any additional shopping.



Am I receiving financial aid for my college education?

  • Yes, my merit-based scholarships and funding through the Texas Tomorrow Fund are transferrable to

Am I eligible for a grant or scholarship?

  • Eligible and received scholarships:

  1. William A. Brookshire Scholarship

  2. Texas Tech Freshman Merit Scholarship

  3. Texas Tech Human Sciences Scholarship

  4. Texas Tech Study Abroad Scholarship

  5. Family Business Scholarship

Am I eligible for federal, state, or institutional aid consisting of loans, grants, scholarships, or work-study?

  • Eligible for scholarships

Am I eligible for a need or merit scholarship or discount offered by a study abroad program such as the American Institute of Foreign Study (AIFS), Syracuse University, Council on International Educational Exchange (CIEE), etc.

  • Eligible for merit-based scholarship

Am I eligible for financial aid to assist underrepresented students enrolling in overseas study programs?

  • No

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