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. Before you pay the invoice in September and/or January, we will ask you to meet with a Study Abroad Office staff member to verify the actual amount that you will have to pay.

The fees listed below are the ones you should expect to see on your invoice each semester per the Fall 2016/Spring 2017 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 (cash and checks only) or online (American Express, Discover, or MasterCard 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, TCF Bank, 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. In addition, all students pay the Health Service Fee, which covers services and programs offered by McKinley Health Center and the Counseling Center. The Health Service Fee cannot be waived.

Because you will be enrolled in the University Student Health Insurance, you will receive two cards in the mail: a gray insurance card and a white United Health Allies discount card that you may use for discounts for prescriptions, vision, and dental services that are not covered by the health insurance plan.

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 DatesTerm

05/16/2015 through 8/20/2015

Summer 2015

08/21/2015 through 01/15/2016

Fall 2015

01/16/2016 through 05/15/2016

Spring 2016

05/16/2016 through 08/20/2016

Summer 2016

Minimum Coverage must include:

  • At least $500,000 worth of 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 $5,000
  • The insurance has to pay at least 80%.
  • If the coverage is unlimited, the insurance schedule of benefits must say that it is unlimited.
  • Must cover in-paient and out-patient care
  • The policy must be translated into English.

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 the last day to request the waiver from thee insurance fee is about a week after the start of classes of the given semester/term – e.g. the enrollment/change period for the Fall 2015 semester is August 19 through September 11, 2015).

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 University Health Insurance Office directly.

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

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 health insurance. For more information about what is covered by the Health Service Fee and the Student Health Insurance, refer to McKinley Health Center's insurance FAQs