Minimum Funding Requirements
| Per Term (4 months) |
Academic Year (9 months) |
Calendar Year (12 months) |
|
| Room and Board* |
$3,860 | $8,685 | $11,580 |
| Health Insurance | $324 and up | $620 and up | $829 and up |
| Miscellaneous** | $1,632 | $3,672 | $4,896 |
| TOTAL |
$5,816 | $12,977 | $17,305 |
Add $500 each month for the first dependent, and $400 for each addition dependent.
* Room and board estimates are based on an average monthly rent of $600 and approximately $12 for food per day.
** The miscellaneous expense will vary with the needs and spending habits of the scholar; clothing, transportation, laundry and cleaning, toilet articles, medical expense not covered by insurance, hair cuts, leisure activities, etc.
HEALTH INSURANCE IS MANDATORY. You must purchase insurance for yourself and your J-2 dependents immediately upon arrival to the U.S.
You must also be prepared to meet increasing costs due to inflation and other fluctuating economic conditions on a continuing basis.