Financial Information for F-1 Students | JCTC

Financial Information for F-1 Students

Due to US federal government regulations, Jefferson Community and Technical College require to obtain financial certified documents for each international student.

Applicants must submit evidence that there are sufficient funds immediately available for the first year of studies and that there will be sufficient financial support for the entire program of study. The estimated time to complete the entire program of study to be complete in three years if the student enrolled for twelve credit hours per semester and the student does not take summer classes. F-1 students must take a minimum of twelve credit hours per semester. Summer classes are not a requirement.

Tuition, Books & fees

Cost of Tuition, Books & Fees
Items Expenses
Tuition $250 × 12 credit hours × 2 semesters = $6,000
Books $400 × 2 semesters = $800
Fees $136 × 2 semesters = $272
TOTAL $7,072

Living Essentials

Cost of Living Essentials
Living Essentials Expenses
Room & Board $6,952
Personal $800
Transportation $2,020
TOTAL $9,772

Medical Expenses

Cost of Medical Expenses
Insurance Medical Expenses
Insurance (estimated) $1,500
TOTAL $1,500

Grand Total


Explanation of Expenses

Basic Expenses

All F-1 students will be subject to the following expenses, though the exact dollar amounts may vary from student to student.

Tuition and Fees: F-1 students pay the non-resident tuition rate. The estimated cost per credit is $250 for the academic year. Because students pay for each credit hour, the bill for each semester will change depending on how many credits the student takes. The student must take at least 12 credits in the spring and fall semesters. Tuition is subject to change at any time. There is also a $136 college fee each semester charged to all students. Tuition and fees must be paid at the beginning of each semester.

Books: The costs of books and student fees are estimated to be $400 per semester. This is just an estimate. The actual cost of books may vary according to subject and the number of classes in which you choose to enroll. Students are welcome to buy their books at Jefferson's bookstore, or they can purchase books from a different source or online.

Travel Expenses: Students are responsible for their own travel arrangements. Initial students who are approved for the student visa can enter the US no more than 30 days before the program start date on the I-20.

Housing Expenses: Jefferson Community and Technical College does not provide student housing. All students are responsible for making their own housing arrangements. Students generally have no difficulty finding apartments near the college campus. The College estimates the cost of room and board for one academic year at $6,952. This is only an estimate. The real cost of your housing expenses will depend on the housing arrangements you make. If you are offered housing by a friend or relative at no cost, then that person is your room and board sponsor. The room and board sponsor can fill out an affidavit of sponsorship to confirm that support will be at no  expense to you.

Living Expenses: It is difficult to estimate the expense of living as a student in Louisville because expenses will vary according to students' individual tastes, habits, and the current economy. However, the college estimates personal and transportation expenses during one academic year to be $2,020. This estimate does not include the cost of airfare or the purchase of an automobile.

Possible Additional Expenses

The expenses listed in this column will not apply to every student. Please read the descriptions carefully to see if any may apply to you.

Dependents: If you plan to bring a spouse or child with you to the US, you must submit financial documentation for them as well. You must show an additional $4,000 for your spouse, and $2,000 for each child per year. Your spouse and child each must be issued their own form I-20 in order to accompany you.

Visa Application Fee: When you apply for a student visa at a US Embassy, you will have to pay their fee. Most Embassies charge $140 for the application fee. You MUST check the website, or the office of the US Embassy, of your home country to identify their specific fees and visa application procedures.

Transcript Evaluation Fee: Students who attended college/university outside of the US must submit an official course-by-course evaluation of their transcripts. The cost for this can range from $160-$300. If you need official transcripts from your previous schools, they may have their own fees too.

e SEVIS Fee: Students who are issued an initial I-20 (new students who have not yet applied for a visa) will have a $200 SEVIS fee due to the US Citizenship and Immigration Services. USCIS requires this fee for any student issued with a new I-20. It must be paid before you apply for the student visa.

Change of Status Fee: Students who are in the US and are applying for a change of status to F-1 must submit the USCIS form l539 (Application to Extend/Change Status) with a $290 fee. The fee amount is subject to change.

Development Classes: All new students will take Jefferson's placement exam to assess their academic abilities. If a student's scores are not at college level, the student may need to complete pre-college or 'developmental' classes to further develop their skills. Students can take college level classes once they complete any necessary developmental classes. Developmental classes are at the same tuition rate as college level classes.

Student Health Insurance: Students are not required to purchase health insurance. However, the school very strongly recommends that students purchase a comprehensive health insurance policy.

Proof of Financial Readiness

Self-Pay (Affidavit of Sponsorship): Students who are paying for all their expenses themselves are considered self-pay students. This means the student has all the money necessary for his or her expenses, without relying on anyone else for help. A self-pay student must show proof of his or her ability to pay for all expenses during the entire program of study. An associate degree generally takes 3 years to complete, so the student must show that he or she has all that money readily available. Three years of study and living expenses can amount to almost $55,032 (without any dependents). Self-pay students must show a total balance of at least this much in bank accounts and/or liquid assets, and complete the Financial Certification Form.

Certification Form: Because employment is so restricted with student visas, students cannot rely on employment in the US to help pay for their expenses. If the student does not have the full amount available, they should have a sponsor to help pay expenses as needed.