Pembroke College, Cambridge

Pembroke College, Cambridge

Finance

Programmes Fees 2012
Application Fee: £50 (on acceptance to the programme this fee is deducted from the Tuition Fee. For students from the University of California EAP or American University however this fee will be deducted from the Accommodation Fee.)
Tuition Fee: £2,312
Accommodation Fee: £1,586 - £2,102 (depending on band)
Supervision Option: £400

What the programme fees include
The programme fees cover tuition, accommodation, Formal Halls, and a partial meal plan which covers approximately ten meals per week. Also included in the programme fees are the Edinburgh trip, comprising transport, dinner on arrival and three nights’ accommodation on a bed and breakfast basis; and the London daytrip, including transport and a Shakespeare play at The Globe Theatre.

Deadline for payment
The final deadline for paying all fees is 10 June 2012. Any applicant with tuition and/or accommodation fees outstanding after this date may have their reserved courses cancelled and may even forfeit their place on the programme. If students have been awarded funding or Financial Aid by their institution and there are delays in this being released, please let the Programme Co-ordinator know so that your place on the programme can be secured.

Financial Aid
If you have confirmation of Financial Aid from your institution then payment of tuition or accommodation fees can be deferred until the financial aid payment date upon receipt of a £500 non-refundable deposit. All fees must however be paid before the beginning of the summer programme. If you are expecting to receive financial aid please send evidence of this to the Programme Co-ordinator.

Paying in instalments
The Tuition Fee and the Accommodation Fee each needs to paid in one instalment by the stated deadline. Paying each fee in multiple instalments is not possible.

Scholarships
Pembroke College offers scholarships each summer to cover the full cost of tuition for four students. All applicants are eligible to apply for one of these scholarships. Students at particular universities may also be eligible for other scholarships. For more information you should visit the Scholarships link on the sidebar.

Budget for personal expenditure
The amount students spend on such things as socialising, travelling and meals varies considerably. Generally speaking, the UK is more expensive than the US, but some aspects of life, such as travelling to continental Europe, can be surprisingly cheap. In terms of food provision, students should note that the partial meal plan included in the Accommodation Fee covers approximately ten meals per week. All supplementary food and drink will need to be purchased separately. For this additional food, socialising and weekend travel a minimum of around £100 per week, or £800 for the duration of the programme, is recommended.

Bringing money
Most students find it best to access their US funds through their usual credit or debit cards. However, it is worth bringing some British pounds for the first few days on the programme. Travellers cheques can also be exchanged for cash at banks across the UK, though this may attract a small charge.

Opening a bank account in the UK
While it is possible to open a UK bank account for the summer this is not recommended, given the amount of time it takes to open an account and the relatively short duration of the programme.

Credit card problems
Most students will not experience any problems in using their US credit and debit cards in the UK. Students should bear in mind however that some US banks place restrictions on overseas transactions to prevent fraud. In order to prevent this from happening students should contact their banks in advance to tell them that they will be spending the summer in Europe.

 
This page, http://www.pem.cam.ac.uk/ip/pkp/faq/finance/, was printed on Wednesday 16 May 2012 at 9.55pm.
If you are relying on information on this printout significantly after this date, please check the website to ensure that it has not been superseded.
Last updated: Friday 3 February 2012 at 9.37am.
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