Fee Schedule Spring 2024 KSB Exchange Madrid

Spring 2024 KSB Exchange Madrid

Fees Paid to Indiana University

ResidentNon-Resident
Due Upon Acceptance - Non-Refundable Prepayment $500.00$500.00
Due January 10 to IUB Bursar
Spring OVST Fee (IU-admin program)$5,156.23$19,502.01
Health Insurance$198.50$198.50
Education Abroad Service Fee$241.95$241.95
Total Fixed Fees Paid to Indiana University$5,596.68$19,942.46

The Education Abroad Service fee underwrites the operations for the Education Abroad Office.

Additional Estimated Program Costs - Paid out of pocket

International Airfare$1,200 - $1,600
Visa/Immigration Fees$510
Apartment/Housing Costs$2,400 - $4,000
Groceries/Meals$1,200 - $2,400
Personal Expenses, Incidentals, Books$2,100 - $3,800
Total Estimated Additional Program Costs$7,610 - $12,610

Total Estimated Program Costs

ResidentNon-Resident
Total Fixed Fees Paid to IU$5,596.68$19,942.46
Total Estimated Additional Costs$6,760 - $12,610$6,760 - $12,610
Total Estimated Costs$13,206.68 - $18,206.68$27,552.46 - $32,552.46

IU Withdrawal and Refund Policy
The $500 prepayment and the $241.95 Education Abroad Service Fee are non-refundable.

Students who withdraw from IU administered programs are responsible for the IU service fee and non-recoverable costs. Your Bursar account will be assessed an additional charge to cover any/all amounts that Education Abroad has committed or paid on your behalf and are non-recoverable at the time of withdrawal, possibly including housing, meals, transportation, and faculty or staff compensation.