Tuition Payments and Deadlines
All tuition and deposits must be paid as follows:
Non-refundable tuition deposit of $750 for fall and spring semester programs only
- within 3 weeks of receiving your acceptance letter
- before July 1 for Fall term
- before December 15 for Spring term
- before May 1 for Summer term (full tuition, no deposit)
Checks should be made payable to:
and sent to the North American Office:
c/o St. Olaf College
1520 St. Olaf Avenue
Northfield, MN 55057
OPTIONAL LANGUAGE PROGRAM: “Budapest Semesters” tuition does not include the fee of the optional two-week language course preceding each semester. The fall and spring language course fee of $350.00 is payable directly to the BSM North American Office by the tuition deadline. The summer optional language course is $200.00 payable directly to the BSM North Office by the tuition deadline of May 1, OR $250.00 payable to the Babilon school after May 1.
For more information about the language course, please contact the Babilon Language School directly:
Other Notes on Money
Rents are payable in Budapest on a monthly basis.
ATM machines (accepting Cirrus, VISA, Mastercard, etc.) are widely available throughout downtown Budapest and disperse funds in both US dollars and Hungarian forints. This is an attractive and convenient method of obtaining currency.
Students may open U.S. dollar accounts at the Hungarian National Savings Bank, but most students have found using an ATM card to be the most convenient.
The use of personal checks is strongly discouraged since it may take up to two months for the checks to clear.
See the Program Costs page for more details.