Facebook pixel Financial Information | Seaver | Pepperdine University | Pepperdine Community

Financial Information

Cost

Academic Year/Fall/Spring

Tuition in Florence is exactly the same as it is on the Malibu campus: one flat fee per semester for 12-18 units. The second charge, the International Programs Charge, includes the group flight to and from LAX, room and board, most meals, special excursions, and the educational field trips with the group. Tuition for the 2016-2017 Academic Year is $24,885 per semester for 12-18 units. The International Programs Charge for the 2016-2017 Academic Year is $11,385 per semester, which combines the Room/Board ($7,740) round-trip airfare to and from the program location and the Educational Field Trip ($3,645). If you attend both semesters, the second semester is discounted by $1,220, because only one round trip airfare is purchased throughout the year. If you qualify and choose to be exempt from the group flight, the semester IP charge will be less the cost of the round-trip flight. The Florence program does have additional charges for the visa, the Post Office Fee, Stamp Bollo, Emergency Health Insurance and Italian Government Fee.

In-depth breakdown of program costs for semester programs here.

Summer

Tuition in summer is exactly the same as it is on the Malibu campus: $1,565 per unit. The second charge covers room and board and most meals: $525 per week. Roundtrip airfare for summer programs is paid for by Pepperdine University. If a student withdraws from the program after the flight has been purchased, the student will be responsible for that cost. The same additional costs for the Post Office Fee, Stamp Bollo, Emergency Health Insurance, Italian Government fee may apply for the summer as well.

In-depth breakdown of program costs for summer programs here. We also recommend that you see the Summer School Estimator on the Financial Assistance website

Estimated Florence Extra Costs

Post Office Fee: 30€ (for both Academic Year and Semester only).

Stamp Bollo: 20€ (for both Academic Year and Semester only).

Emergency Health Insurance: 100€ for Academic Year students, and 50€ for Semester only students.

Italian Government Fee: 110€ (for both Academic Year and Semester only).

Visa Fee: *$55.10

*Per the Consulate General of Italy's policy, this fee fluctuates every 3 months. Current fee listed is as of June 1, 2016

PE/Course Fees

There may be a PE/course fee, ranging approximately between $200.00 - $500.00 depending on the course.

Financial Aid

Grants & Scholarships

Grants and scholarships only apply to tuition, unless otherwise stated by your financial aid advisor. Financial aid normally disburses the first day of your classes abroad if all necessary steps have been taken and all necessary documents have been submitted. For scholarship information click here (link to 2017-18 scholarship page). For the most accurate financial aid information, go to the Financial Aid website and also talk to your financial aid advisor. For summer program applicants, 6 units are required to use federal aid and there is a summer estimator available on their site to help you calculate your financial aid.

Personal Finances

On January 1, 1999 one of the largest steps toward European unification took place with the introduction of the euro as the official currency in eleven countries (Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal, and Spain). However, residents of the first European Union countries that adopted the euro didn't begin using euro banknotes and coins until January 1, 2002.

The symbol of the Euro is similar to the Greek letter Є, and even though member states place their own motif on banknotes and coins, the Euro is now accepted in the twenty one countries which include: Andorra, Austria, Belgium, Cyprus, Finland, France, Germany, Greece, Ireland, Italy, Kosovo, Luxembourg, Malta, Monaco, Montenegro, Netherlands, Portugal, San Marino, Slovenia, Spain, and Vatican City. This effectively means there is no need to exchange money when traveling in continental Western Europe.

Great Britain (England, Scotland, Northern Ireland, and Wales), though a member of the European Union, has chosen to retain the national currency known as the Pound Sterling. Few establishments in any of the EU countries actually accept payment in American dollars, so students will need to choose among the following options:

Credit Cards

Major American credit cards are widely accepted in Europe (Visa, MasterCard, and American Express in order of preference). However, note that most places charge an additional fee for the use of a credit card. Purchases made with credit cards are billed in the local currency and the credit card company converts the amount to dollars. Since most credit card companies are major financial institutions, they receive the bank conversion rate, which is far better than may be obtained by converting travelers' checks or cash. Many money exchanges in Europe allow the use of a Visa or MasterCard to obtain cash for an often steep fee. Although American Express is not as widely accepted for purchases as Visa and MasterCard, an American Express card offers unique advantages. With offices located in all major cities, American Express will quickly replace lost or stolen cards. American Express will also cash personal checks for American Express cardholders, provided the arrangement has been made prior to departure from the United States.

ATM Cards

Obtaining cash from automated teller machines with ATM cards is probably the most convenient option for obtaining cash in major European cities. Cards marked "Plus," "Cirrus," and a red star symbol are widely accepted, although not all ATMs accept all cards. European ATMs only accept four-digit pin numbers, so before departure, be sure to check with your bank to determine whether or not your current ATM card has an international PIN. Also, be aware that banks charge fees for ATM transactions, and sometimes fees are charged both by the bank that provides the ATM card and the bank that operates the automated teller in Europe.

Cash

If possible, take along $100.00 exchanged into the currency of the country to which you are going. This initial money will be helpful during your first few days abroad. American Express cardholders can obtain foreign currency at American Express offices in the United States. Many U.S. banks offer this service if the foreign currency is ordered ahead of time. Money also may be exchanged at Los Angeles International Airport but the exchange rate may not be favorable.