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. If your campus only offers one payment plan, that is the only plan you may use at your host campus. Whether you exchange on Plan A or Plan B, if you live in on-campus housing, you will pay room and meals directly to your host campus.

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 to your host campus for tuition and fees on Plan A, go to the Tuition/Fees tab of the Campus Profiles. Take note of the date these costs were last up-dated. If you plan to stay for the entire academic year at a campus that uses 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.

If you are exchanging on payment Plan B, you will pay tuition and fees as you normally would to your home campus.

Additional Fees
Look at the Miscellaneous Fees Per Term under the Tuition/Fees tab on the Member Campus Profiles 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.

Cost Changes
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 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.

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, service learning, etc.). Consult individual institution catalogs and campus Web home pages and from the Member Campus Profiles for additional information on those costs that are course related.

Maximum Course Load
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 per term course load. Make sure you check the Maximum Credit Hours you will be permitted to take on each plan and additional charges, if applicable. This information is under the Tuition/Fees tab of the Member Campus Profiles.

Room and Meals

If you 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 per term for room and meals, go to the Member 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 campus web home pages for descriptions and costs of specific room and meal plan options.

Cost Changes
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 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.

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 institutionís 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 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.

If you receive financial aid, remember that it is intended to pay the direct costs to the campuses involved in your exchange. Make sure your financial obligations to both your home and host campuses for tuition, fees, room, and meals are met before spending aid on other expenses.

NSE Application Fee

Your home campus will assess a fee that 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. No refund will be given whether or not you are placed, accept or decline your placement, or withdraw or become ineligible.

Financial Responsibility

You are responsible for paying tuition, fees, room, meals, and all other financial obligations in accordance with stated home and host campus deadlines and policies. Failure to do so will result in the cancellation of your exchange.

Until all outstanding financial obligations have been paid, your host campus will not release a transcript; and your home university will not permit re-enrollment, issue a transcript, or award a diploma. Home and host campuses work together to resolve outstanding financial obligations.