When estimating the costs, assessing funding, and planning budgets for an international program, University departments must consider a range of factors beyond those associated with domestic programs. Planning should address:
→ Special requirements of gifts and/or grants (sponsored projects) that would support the program;
→ How funds will be received from their source and conveyed to the host country and the length of time that funds will be available to support a program; and
→ Items and other considerations which are unique to international programs, like currency fluctuations and expenses associated with program closing and exiting the host country. This Includes tools that can help with budgeting funds for an international program.