Undergraduate Global Semester Exchange Program The Chinese University of Hong Kong Worksheet for Calculating 2017 Study Abroad Expenses University of Michigan undergraduates have the opportunity to study abroad at one of our distinguished partner business schools in cities as diverse as Prague to Singapore. Our exchange partnerships allow students to learn about business from a different perspective, experience another culture, and network with students, faculty, and professionals from around the world. CUHK offers a four and a half month program that is held in Hong Kong during the winter term of the 2016/2017 academic year. Based on current exchange $1 = 7.75005 HKD rate: Per Term Expenses** USD HKD Notes Hong Kong Dollar U-M Tuition and Fees Tuition is paid through U-M Global Initiatives Application No application fee is charged by Global $ 0 - - Fee Initiatives for this program. Additional Program Fee $ 0 - - No program fee charged by CUHK No tuition charged by host school. See U-M Host School Tuition and Fees $ 0 Tuition and Fees Living Expenses Estimate based on CUHK Cost Sheet Housing $ 702.02 5,446 HKD *Dependent on Leasing Agreement Estimate based CUHK Cost Sheet. Dependent Food/Personal $ 2,977.72 23,100 HKD on individual preference. Local Transportation $ 322.27 2,500 HKD Included in Personal Spending Books $1,624.22 12,600 HKD Estimate based on CUHK Cost Sheet Dependent on individual purchases, excursions, Personal Spending $ 1,485.52 11,524 HKD and transportation. One Time Expenses Based on online quote. Dependent on flight Round Trip Airfare (Estimated) $ 1,400 - - details and time of purchase. Passport Application If required, $100 U.S. citizens need a Visa. Visa requirements Visa $ 65 500 HKD and costs will vary for international students. CUHK Administration Fee $ 128.85 1,000 HKD Medical Needs If required; vary by individual Miscellaneous Expenses Required; Global Initiatives will purchase HTH HTH Travel Abroad Health Travel Insurance for all students. Charge will $ 200 - - Insurance appear as a Program Fee. *Additional Cost may be required Extra Photographs If required; vary by individual Medical Exam If required, $96 **Expenses are estimates and subject to change. Students may apply for Financial Aid and Estimated Total Expenses: $8,972.75 - - Global Initiatives funding for this program. Please Visit the following Links for more information: Host School Website: http://www.oal.cuhk.edu.hk CUHK Fact Sheet: Cost of Living Generator: http://www.numbeo.com/cost-of-living/comparison.jsp .