Funding Needed for AIM – Student Budget

Updated 7/29/24

MONTHLY SUPPORT

Following is a sample budget for a typical AIM student. Apartments will be shared with fellow students.

  1. Rent (for a furnished apartment; bills included; August thru April) …. 350.00
  2. Grocery (includes food, toiletries, etc.)………………………………………………….. 130.00
  3. AIM Dues1 ……………………………………………………………………………………………………10.00
  4. Spending money ………………………………………………………………………………………….50.00
  5. Gas money (so everyone can pitch in for gas)………………………………………..30.00
  6. School supplies2 ……………………………………………………………………………… 15.00

The following additional items may or may not apply to you:

  1. Contribution to the Lord
  2. Health Insurance (required by AIM)3
  3. Additional support for the field4

1 AIM Dues – The school is tuition free, but because we believe this experience will bless you all the days of your life, we encourage each student to make a $10 per month (or more) contribution to the AIM program for years to come. This $10/month contribution from each student will be required during the first 9 months and will be included with the rent payment. It is voluntary thereafter.

2 School Supplies/Classroom assignments – You will download and print all syllabi, assignments, outlines, and notes from the AIM website. This amount includes paper and ink for your printer, or roommates’ printer.

3 Proof of Health Insurance is required by AIM both as a full-time student in the classroom and on the field (regardless of socialized medicine found in some countries). Most full-time students can remain on their parents’ policy. If you need a letter from the school stating you are a full-time student, we will be happy to provide one for you. If you are unable to remain on your parents’ policy, the cost of a policy varies from state to state and this amount will need to be added to the estimated amount of $585.00/month. Please have your health insurance provider issue you your own card.

4 Approximately $200.00 to $700.00 more per month will be needed for the field. The specific amount of additional support needed depends on the chosen mission field. Do not feel that this support must be raised before you begin school.

ONE-TIME EXPENSES FIRST MONTH OF SCHOOL (due at registration)

  1. Apartment Fee (non-refundable)………………………………………………. $175.00
  2. Enrollment Fee……………………………………………………………………………… $300.00
    (1st 50.00 is due ASAP and is non-refundable, the rest is due at registration)
  3. Mexico City Deposit ……………………………………………………………………. $100.00
  4. Books (Cost for 1st Term books) …………………………………………………. $15.00
  5. August Rent & Dues …………………………………………………………………… $360.00

ADDITIONAL EXPENSES

The following breakdown of expenses are what you can expect to pay in addition to your monthly living expenses. They are due at the time of each trip, but you may pay all at once if you wish.

  • August: Clovis/Amherst/Ultimate Escape ……………………………………………144.00
  • September: SonQuest……………………………………………………………………………. 700.00
  • October: Paducah/HUT/Arlington ………………………………………………………..565.00
  • November: Mission Term Fees/Mexico City payment is due5 ……….1600.00
  • February: CYC ………………………………………………………………………………………….. 500.00
  • March: Canadian/March Madness Trip………………………………………………… 660.00

5 In January, all AIM students will go to Mexico City for a week of cultural training. This money will cover all expenses except souvenirs. It can be turned in at registration, but is due by November 1st. The total cost of this trip is $1600.00. The price could be subject to change as the date approaches due to fuel, airline, and hotel costs.

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