PROGRAM COSTS and WITHDRAWAL POLICY

The BSM tuition for the fall 2021 semester is $13,345.00 (U.S.) 

Tuition Deadline

  • Tuition deposit of $750.00 to be paid  to North American Office right after acceptance
  • Remaining tuition due, in full, by August 1, 2021

Tuition Refunds

  •     All tuition and fees will be refunded if BSM cancels the program before the first day of the program (all tuition including deposit)          
  •     All tuition and fees will be refunded if the student withdraws from the program before the first day of the program (no deposit refund)
  •     If you choose to withdraw from the program within the first five weeks of the semester, the program will reimburse a portion of your refundable tuition according to the following schedule: less than 1 week, 90%, less than 2 weeks, 80%, less than 3 weeks, 60%, less than 4 weeks, 40%, less than 5 weeks, 20%.

Fall tuition deadline is July 1, Spring tuition deadline is December 15, and the Summer tuition deadline is May 1.

Lodging, meals, transportation, and textbooks are not included in the tuition; estimates for these costs can be found below. Renting an apartment or living with a family costs approximately the same. Apart from housing, living costs in Budapest are modest.

PLEASE NOTE: BSM does not offer scholarships or financial aid. Students must check with their Financial Services Office or your Study Abroad Office at your college and verify if they will remit tuition payment or if it is the student’s responsibility. If federal loans are used to pay tuition, check  with your financial aid office to make sure your federal student loans will not begin repayment status if you are absent for a semester.

The following estimated costs of living in Budapest for five months, academic year per semester, are in the table below:

Apartment or Family Living Costs

Expense Description Cost
Rent (per student per term) $2,600
Meals (eating out liberally) $3,150
Utilities
 $450
Local transportation $270
Entertainment, miscellaneous $550
VISA/Residency Permit  $80
Textbooks $150-350

 

Two more items must be added to these expenses: Transportation to and from Budapest and within Budapest is the students responsibility.

Summer program costs can be calculated on two months versus five months. Link to Summer Program

The above expenses will be paid in HUF;  therefore, depending on the exchange rate, are a rough estimate.

Cell phone options include: purchase a pre-paid cell phone in Hungary; skype is available and is the cheapest option; or if you choose to bring a cell phone from home be sure to check with your local company on international rates.

Student Handbooks. https://www.budapestsemesters.com/importation-information/