Overview
Why Exchange?
Impact of Exchange
Exploring Exchange
Next Steps
Selecting a Campus
Resources
Eligibility
Academic Notes
Other Notes
Financial Matters
Financial Aid
Application
Placement
After Placement
During Exchange
Canadian Exchange
Honors Exchange
RA Exchange
Short Term Programs
Study Abroad Access
Student Recognition
Photos
Financial Matters
Tuition and Fees
The National Student Exchange utilizes two different plans for payment of tuition and fees. Your university may utilize payment Plan A, payment Plan B, or both Plan A and Plan B. If your home and host campuses offer both payment plans, consider which payment plan might best meet your financial needs.Plan A - Under this plan, you will pay to your host campus the in-state (resident/provincial) tuition and fees directly to that campus.
Plan B - Under this plan, you will continue to pay your normal tuition and fees to your home university. If you currently pay non-resident tuition to your home campus, you should expect to continue to do so while on exchange.
To find out how much you will pay each term for tuition and fees, go to the Campus Profiles and click on the Tuition/Fees tab. If you plan to stay for the entire academic year at a campus on the semester calendar, multiply the costs by two. If you plan to stay for the entire academic year on a campus which uses a quarter calendar, multiply the costs by three. If you plan to attend only for the summer session, consult the host campus coordinator for summer tuition and fees.
Tuition and fees are listed on Plan A with a date indicating the last time these costs were updated by the campus. If you plan to exchange on Plan B, no tuition/fees will be listed. Some campuses will charge additional per credit hour fees on Plan A and/or Plan B for credits beyond what the campus considers their maximum course load. Make sure you check the Maximum Credit Hours you will be permitted to take on each plan. Also, check the Miscellaneous Fees Per Term to see what additional fees you should expect to pay on Plan A and/or Plan B. Normally Plan B students pay activities, athletic, and health services fees to their home campus. In those instances where the host campus is not able to waive those fees (see Miscellaneous Fees Per Term) for incoming Plan B students, you should expect to pay these fees on both your home and host campuses.
Costs are subject to change without notice. Tuition and fees frequently increase each year by 5-15 percent. Costs for the coming academic year are usually not available until the spring or summer immediately preceding the fall term. Continue to check the dates appearing next to the tuition and fees figures for the most up-to-date costs.
Several member colleges and universities in Colorado offer a differential in-state tuition rate. Plan A students may be eligible for the College Opportunity Fund (COF) which offers the lower in-state rate. For more information, see Colorado Tuition.
Room and Meals
If you choose to live on campus at your host university, you will pay the costs for room and meals directly to the host campus, not to your home university. Housing options and meal plans vary greatly from campus to campus.To find out how much you should expect to pay for room and meals, go to the Campus Profiles and click on the Room/Meals tab. Notice the date on which these figures were last updated by the campus. If you plan to stay for the entire academic year at a campus on the semester calendar, multiply the costs by two. If you plan to stay for the entire academic year on a campus which uses a quarter calendar, multiply the costs by three.
Costs are based on the average room and meal plan selected at the campus by NSE students. Actual costs may be greater or less depending upon your selected room type and number of meals per week. Options you might choose could be higher or lower than the costs listed. Consult individual institution catalogs and campus Web home pages for descriptions and costs of specific room and meal plan options.
Costs are subject to change without notice. Room and meal costs frequently increase each year by 5 percent or more. Costs for the coming academic year are usually not available until the spring or summer immediately preceding the fall term. Continue to check the dates appearing next to the room and meals figures for the most up-to-date costs.
Course-Related Fees
Whether you participate under Plan A or Plan B, you will be expected to pay to your host campus those fees which are assessed as a condition of your enrollment in a specific course (e.g., laboratory fees, art and photography supplies, course surcharges, field, studies, student teaching, internship, etc.). Consult individual institution catalogs and campus Web home pages for additional information on those costs which are course related.NSE Application Fee
Your home campus will assess a fee which will be due when you submit your application for exchange participation. This is an application fee and is not refundable. Your coordinator will not submit a request for placement until the fee has been paid. Should you not be placed, be placed and decline your placement, accept your placement and later withdraw or become ineligible, no refund will be given. If you re-apply for NSE participation, you may incur an additional application fee.Other Financial Considerations
You are encouraged to carefully review all possible expenses as well as your own personal and/or family resources for exchange. Expenses related to transportation to and from the host campus, personal expenses, and travel and sightseeing opportunities while on exchange are your responsibility. Transportation costs to the host campus can vary widely depending on the institution’s accessibility to major transportation systems as well as the distance from your current place of residence.In all likelihood, you will do more sightseeing and personal traveling in your new environment than you did at home. If you choose to live off campus you may incur additional costs for housing, transportation, and food. If you have been employed while attending your home campus, you may find it difficult to secure employment, or may choose not to be employed, while on exchange. In either case, your financial situation may undergo a change.
Alabama A & M University