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Program Fees and Additional Expenses Tuition and Room Additonal Semester Expenses Estimated Additional Program Expenses The Impact of Commuting Working Part-Time Financial Aid Managing Personal Finances Billing The Venture Consortium is unique in that its programs do not include application fees for students attending one of the Venture Consortium schools. Still, it is important that you talk with your family and financial aid office to discuss all other program fees and additional expenses before deciding to apply for and participate in the Urban Education Semester. Please review the program fees and expenses carefully. (back to top) Please see your UES Program Coordinator for current information about tuition and room fees. (back to top) The cost of living in New York City is higher than that of the cities/towns where most Venture colleges are located. Accordingly, students can expect that costs for room and additional/personal expenses will be higher. Please keep this in mind when you budget all program fees (tuition and room) and for additional program expenses for the semester, which include food, transportation, books and personal expenses (such as toiletries, recreational spending money, etc.). Based on student feedback, the next paragraph describes the additional expenses you may incur over the course of the semester as approximated by Venture and Bank Street. (back to top) > estimated additional program expenses Food: $1,000.00 - $1,600.00 Transportation: $350.00 Books* $350.00 - $500.00 Phone: $300.00 (activating personal phone line + bills, or cell phone charges) Personal Expenses: $400.00 - $1,200.00 Approximate Total: $2,200.00 - $3,550.00 *Books and packets for Bank Street classes are also available on reserve at the Bank Street library. (back to top) Students take the subway and/or bus to get to Bank Street at 110th Street and Broadway, where classes are held most evenings during the week. Students also travel to their placement three days a week, located in different parts of the city, and to various field trips that the program director plans for every Friday. Students become commuters of the big city; commuting in New York City is a part of living in New York. Keep in mind that students need to brown bag their lunch on a daily basis – and, occasionally, dinner. The bus/subway fare is $2.00 each way. There is no college discount rate, but students may purchase a weekly ($24.00) or monthly ($76.00) “Metro Card” which can save you a lot of money. (back to top) > working part-time The UES Director has been able to arrange project-oriented work or after-school tutoring at Bank Street for students that express the need for a paying job. Please contact the Venture office if you would like to discuss your particular situation. (back to top) > financial aid Students receiving financial aid at their school may continue to do so while on the program depending on the policy of your particular school. Venture notifies all financial aid offices of all program fees and expenses, including tuition, room, food, transportation, books, and additional/personal expenses as soon as they become available. Students must consult their financial aid officer to determine their school's policy regarding the transfer of financial aid for this program. Scholarship and loan recipients must arrange payment procedures with their financial aid office. If you have remaining questions, please contact Peggy Chang in the Venture Consortium office or visit your UES Program Coordinator or financial aid advisor. (back to top) > managing personal finances As other students must do when they participate in any study away program, UES students must consult their budgets, allotting money for things such as food, transportation, books, phone bills, and personal expenses including toiletries and social events. Managing personal finances is something that must become part of the student’s routine, and learning how to manage finances is an issue that the program staff covers during the program orientation and throughout the semester. (back to top) > billing Students will be billed by their home school for the program tuition and the room fee. Additional expenses such as food, transportation, and books are not billed, and students must budget for these expenses accordingly. For students planning on receiving financial aid for this program, additional expenses are taken into account when determining their financial aid package. It is the student’s responsibility to ensure that all program payments are made on time. Students should consult with their families, their UES Program Coordinators, and their schools’ financial aid offices about billing and budgeting for the fees and additional expenses for the program. All accounts not resolved by the end of the semester (including room damage and outstanding phone charges) will result in the withholding of the student’s Bank Street transcript. (back to top) page 1 | page 2 | page 3 | page 4 | page 5 |
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