Students walking on campus

Budgeting for Exchange, Research, and Study Abroad

Tips on budgeting for exchange

Go Global offers many International Learning Awards to help make your experience more affordable.

  • Go Global students remain registered at UBC – you can still qualify for scholarships and awards. This includes affiliation scholarships, and faculty- or department-specific awards.
  • For information on applying for student loans, please refer to the information in the After you’ve been nominated page
  • Students participating in an exchange pay tuition directly to UBC and not the partner institution in most cases. Students are required to take and pay for 15 UBC credits for each semester on exchange.
  • Research the cost of living of your potential host country.

How much will it cost?

Prospective Go Global students often ask us how much money they should bring while they're away. Because your financial requirements will vary depending on your individual goals, the cost of living in your host country, and your personal preferences, we are not able to provide you with a precise dollar amount.

Only you can determine how much money you will need while you’re away.

  • Read student reports or connect with returned Go Global students and ask how much it costs for day-to-day expenses like food, laundry, transportation, and coffee
  • Search travel guides and the web
  • Consider your ideal lifestyle while abroad
    • What kind of lifestyle do you prefer? What are your spending habits at home? Will the same spending habits apply abroad? Can you adapt to spending less? Are there expenses that you can live without?
    • If you want to explore the region you’ll be in, will you prefer to travel by bus? By train? First class? 
  • Consider contacting a travel agent to help you determine some of your travel costs in advance

Exchange budget worksheet

Here's a sample budget worksheet that you can use to estimate your expenses for exchange. Fill in the table with realistic amounts for each category that applies to you.

Tip: You might find it easier to estimate the monthly expenses for some categories and multiply it by the number of months you'll be away.

Expenses Income
Airfare: International Learning Award:
Accommodation: Other scholarships, awards, and bursaries:
Food: Student loans:
Tuition and student fees: Personal savings:
Books and supplies: Additional income:
Additional medical insurance:
Local transportation:
Passport and visa:
Immunizations:
Additional travel:
Personal spending:
Gifts:
Other (specify):
Total expenses: Total income:
 

Go Global Refund Policy

The Go Global Fee (of $415.00) is an administrative fee required for all applicants to Go Global programs. The fee is non-refundable. However, it may be adjusted under the following circumstances:

Not matched:

You are eligible to have your Go Global fee adjusted from $415.00 to $93.25 (i.e. reduced by $321.75) if:

  • You have applied to Go Global but do not meet our minimum eligibility requirements
  • Go Global cannot match you to a partner university
  • The partner university does not accept your application and Go Global cannot find another option

Withdrawals:

To withdraw from your Go Global exchange or summer abroad program, you must contact Go Global by email to request withdrawal. You will then be asked to complete a short withdrawal form.

Students who withdraw from Go Global by the relevant deadline below, will have their Go Global fee adjusted from $415.00 to $321.75 (i.e. reduced by $93.25).

  • March 30: For summer programs
  • June 30: For UBC Term 1 and Full Year exchange
  • September 30: For UBC Term 2 and Split Year exchange

Please consult with your Go Global advisor if you have any questions.

Advising hours

Drop-in advising hours (UBC Vancouver)

Monday: 1:00 pm - 3:00 pm
Tuesday: 1:00 pm - 3:00 pm 
Thursday: 1:00 pm - 3:00 pm

You might not need to see an advisor. General questions about Go Global Exchange can be answered at the Go Global Main Office in the UBC Life Building (Vancouver) or by emailing go.global@ubc.ca.  

Group advising for Outbound Exchange 
Outbound Exchange students are strongly encouraged to attend a Group Advising session before meeting with an advisor. Group Advising for Outbound Exchange students takes place weekly (excludes statutory holidays and office closures):

Wednesday: 12:00 pm - 1:00 pm
Room 1501 (Multipurpose Room) in the Life Building

Contact Go Global

Go Global Vancouver

When emailing us, please include:

  1. Your student number in the subject line
  2. Your full name and if you are an incoming or outgoing student in the body of the email

Go Global Vancouver

go.global@ubc.ca

Telephone: 604 822 0942

Fax: 604 822 9885

UBC Life Building
6138 Student Union Blvd
Vancouver, BC V6T 1Z1
Canada

Hours

Mon
9:00 am - 4:15 pm
Tue
9:30 am - 4:15 pm
Wed
9:00 am - 4:15 pm
Thu
9:00 am - 4:15 pm
Fri
9:00 am - 4:15 pm
Sat
Closed
Sun
Closed