2016 BBA Cost Schedule
Please note: All costs listed below are current as of 2016 January 25. The amount of tuition you pay your first semester at SolBridge remains unchanged during your entire time in the BBA program, the same tuition amount each semester. Other prices are subject to change; residence, breakfast, activity, and medical fees are reviewed every semester. The estimated costs for one year are included now so you can do a general budget for your first year at SolBridge. Expect some slight changes to residence, breakfast, activity, and medical fees for Fall 2016. Remember, fee amounts other than tuition are subject to change on a per semester basis. Please check with firstname.lastname@example.org for current costs.
EXPLANATION OF COSTS
The SolBridge academic year consists of two assessment periods, one in the spring and one in the fall. Each assessment period is in the form of a fifteen-week semester followed by an additional six-week inter-session semester (six weeks in the summer for the spring semester, six weeks in the winter for the fall semester). There is a five week study break which separates each assessment period. Students are expected to stay at SolBridge during each full assessment period. Students may stay during the summer or winter five-week study breaks if they wish to participate in internships, academic programs, or for personal reasons. Apart from tuition, students must provide for the expense of dormitory, meals, health insurance, dormitory security deposit, and personal expenses, without exception, for any period of stay at SolBridge.
The BBA program is designed around the completion of seven assessment periods to earn a Bachelor’s Degree. In the table below, a typical full year of costs is presented. Students who follow the seven assessment period schedule will graduate in three and a half years compared with the four years required by most other Korean institutions.
In summary, the total financial resources required should be carefully considered before applying for admission to SolBridge.
A typical full-year Bachelor’s Program Cost Schedule for Fall 2016 and Spring 2017
|Fall 2016||Winter 2016||Spring 2017||Summer 2017||Annual|
|15 weeks||6 weeks
Summer 1, 3 weeks
Summer 2, 3 weeks
|15 weeks||6 weeks
Winter1, 3 weeks
Winter2, 3 weeks
|Enrollment Fee||$ 650||Onetime fee||$650|
|Orientation Fee||$70||Onetime fee||$70|
|Medical Insurance||$ 163||Yearly||$ 163|
|Tuition||$5,037||$ 742||$5,037||$ 742||$11,558|
|Residence||$ 683||$ 273||$ 683||$ 273||$ 1,912|
|Breakfasts Only||$ 252||Not offered||$ 252||Not offered||$ 504|
|Activity Fee||$ 100||$ 100||$ 200|
|Total First Year||$6,955||$1,015||$6,072||$1,015||$15,057|
|Total Second Year||$6,072||$1,015||$6,072||$1,015||$14,174|
Enrollment fee is paid by all first semester students (freshmen and transfer). It is a onetime fee.
Orientation fee includes meals and accommodation during our Team Building (orientation) week. . It is paid by all first semester students (freshmen and transfer). It is a onetime fee.
Fees do not include bus fare from the airport.
Residence does not provide bedding, sheets, or pillows.
All first year students (freshman and transfer) must get an Alien Registration Card upon arrival in Korea. Korean Immigration charges $31 for the Alien Registration Card. It is similar to the Korean ID card and must be carried with you at all times.
All first semester students (including Koreans) must have a medical checkup prior to the start of classes. Korean Medical Services charges $30 for the checkup.
All full time students must purchase Korean medical insurance. Current cost is $165 annually.
Tuition for a year ranges between $10,074 ~ $11,558. The $11,588 amount reflects taking intersession classes (Winter 1, Winter 2, Summer 1, Summer 2).
Prices are subject to change, especially adjustments to Residence, Breakfasts, and Health Care. Listed prices are meant to act as a guide regarding your costs during your first two years at SolBridge.
Scholarships are available, please enquire.
The estimated cost for your first and second year at SolBridge does not include other meals, books, or pocket money. Meals cost approximately $4.00 in the SolBridge cafeterias. Meals eaten off-campus may cost more. Books are typically in the range of $600 per year; pocket money expense is dependent upon the lifestyle of the student.