Exchange Student Finances

All exchange students will receive a tuition waiver.

However, depending on your university's agreement with Illinois, you will still be required to pay various student fees or fees for instruction not covered under the exchange agreement.

The fees listed below are the ones you should expect to see on your invoice each semester per the Fall 2017/Spring 2018 campus fee rates.

Non-waived FeesFee Amount Per Semester
(U.S. dollars)

Health Service Fee


Transportation Fee


Health Insurance Fee *


International Student Fee **


*The University Health Insurance Office may waive this fee provided you submit a waiver form and demonstrate equivalent or better coverage. 

**For more information on this fee, please visit the International Student and Scholar Services website.

Other Expenses

In addition to the fees listed above, you will need to budget for housing and meals, books and supplies, light to moderate entertainment, and other living expenses.

Paying Your University Student Account Bill

You will receive notification to pay your student account bill via email. For more information about how to view your account and to pay, please see the University of Illinois USFSCO (University Student Financial Services & Cashier Operations) website. You will be able to pay your e-bill in-person (checks or money order only) or online (American Express, Discover, MasterCard, or Visa only). Please note that credit card transactions are subject to a convenience fee. You may also pay by wire transfer from your home bank. However, there are transaction fees for wire transfers.

To avoid transaction fees and minimize inconveniences when it is time to pay your e-bill, the Study Abroad Office strongly recommends that you open a checking account with a local US bank.

There are five banks with locations on campus: Busey Bank, First Financial Bank, PNC, and U of I Employees' Credit Union.

Chase Bank and Bank of America are also options, as both are national banks with multiple ATMs around town, including campus.

Health Insurance

All University of Illinois students, including incoming exchange students, are automatically enrolled in and are charged for the University Student Health Insurance.

Since you will be enrolled in the University Student Health Insurance, you will need to create your MyAccount at to obtain your insurance card. Once created, you will have the option to print/request a hard copy of your insurance card to be mailed to you.

If you already have insurance coverage, it may be possible to waive the University Student Health Insurance fee, provided you demonstrate equivalent or better coverage.

The upcoming coverage dates are:

Coverage DatesTermEnrollment/Change Period Dates (period to enroll or waive)

01/14/2017 through 05/12/2017

Spring 2017

05/13/2017 through 08/25/2017

Summer 2017

05/12/2017 through 06/02/2017

08/26/2017 through 01/12/2018

Fall 2017

08/21/2017 through 09/15/2017

Minimum Coverage must include:

  • Unlimited medical coverage
  • At least $50,000 of medical evacuation coverage
  • At least $25,000 worth of repatriation of remains coverage
  • A deductible of no more than $4,000
  • The insurance has to pay at least 80%.
  • The plan must have Mental Health benefits
  • The plan must cover Pre-existing conditions
  • The plan must be Affordable Care Act (ACA) compliant
  • Must cover in-patient and out-patient care
  • The policy must be translated into English and U.S. Dollar amounts.

You may petition to waive the University Student Health Insurance fee during the enrollment/change period associated with the term(s) that you will be at the University of Illinois (typically you have three weeks to petition for a waiver – e.g. the enrollment/change period for the Fall 2017 semester is August 21 through September 15, 2017).

If you have specific questions about your existing coverage and to confirm if it meets the University’s Student Health Insurance Coverage requirements, please contact the Office of Student Health Insurance directly.

Please follow the forms and procedures as set forth by the Office of Student Health Insurance.

Office of Student Health Insurance
1109 S. Lincoln Ave., Room 29
Urbana, IL  61801
Phone: 217-333-0165

Please refer to the Glossary of Terms for an explanation of terms relating to Student Health insurance. For more information about what is covered by the Student Health Insurance please refer to