1. Money Matters to go Abroad Drawing up a Budget
Wieteke Kremer The Nijmegen University Fund – Department of Student Life

2. What information are you looking for?

3. What information are you looking for? What did you already plan?
Who is planning to go abroad before oktober 2017?
Where do you plan to go? Europe, outside Europe, undecided?
Do you know what you want to do? Study, internship, research?

4. What we could be looking at
Why a budget?
Basic Structure
Costs
Income

5. Why a budget? Grant applications
Making sure you have sufficient funding
To give you peace of mind

6. Where to start?
Basic structure and fill in the blanks
Goal: €0 result

8. Your own budget For a grant or…
To make sure you do not end up without money
Each project is different

9. Costs in the Netherlands
Tuition fees
Housing (including extra housing fees)
Phone & other subscriptions
Health insurance
Make your own overview of your current situation (nibud)
Check your bank account activity

10. Costs - Travel Plane Ticket Local Transport A bike rarely works out
Visa (assume the worst on your budget)

11. Costs – Insurance and Medical
Vaccinations
Some insurance companies cover costs with a certain plan
Medical Exams
Extra local insurance depending on the country
Regulations, what is covered

12. Costs – Accommodation Research a city Experiences from other students
On of off campus
Start at a hostel or airbnb
Additional accommodation start-up costs
Practical

13. Living costs Not just food and drinks
Do not count on supermarket prices from the Netherlands
Hygiene
Clothes
Phone

14. Study Expenses (abroad)
Extra books
Electronics (tablet, laptop, etc..)
Unexpected materials

15. Travelling
Tourist rates
Expect the unexpected

16. Unexpected costs
Exchange rates
Percentage added to your budget

17. Expenditure tools Budget True costs Room for adjustments
Apps like AFAS or Cashflow online

18. Costs total

19. Get to zero Grants Faculty International Office
Study advisor
Local scholarships abroad
If you don’t ask, you will never get it

20. Dutch Governement DUO grant Travel product
Loan possibilities? Perhaps backup

21. Limit your costs in the Netherlands
Sublet your room or appartment
Try to suspend subscriptions

22. Personal Contribution
Savings
Parents
Crowdfunding

23. Loans Individual Travel Grant also €1.000 loan without interest
Dutch Government Loan
Study Advisor
Try to avoid high interest
Especially credit cards

24. Other income
Assume you will not be able to work

25. Now you are at zero

26. Adjustments – get back to zero

28. Overview of made costs

29. Questions?
Also specific situations
What worries you after this?

30. More information? www.ru.nl/snuf/irs reissubsidies@snuf.ru.nl
Visit us on Mondays between 10:00 and 13:00 or Thursdays between 13:00 en 16:00 at Comeniuslaan (SNUF).
Radboud Grant Finder
National Grant Finder
Budget examples for each country
Budget Template SNUF