Though the Czech Republic is a member of the European Union, Czech Republic's official form of currency is the crown (kc). With the crown in constant flux, please see www.oanda.com for up-to-date exchange rates.

ATM machines are plentiful in downtown Prague, and using your American bank card will generally give you the best exchange rate available. However, in order to access your funds with an ATM card, your money must be in a checking and not a savings account.

Due to the fluctuations in exchange rates and the differences in individual spending habits, it is difficult to estimate how much you will spend during your time abroad. But to give you an idea, past ISA students have recommended $130-180 per week for personal expenses. This amount takes into consideration day-to-day expenses like food, city transportation, snacks, newspapers, coffee, etc., and also money that will be spent on going out to eat, shopping, nightlife, etc.

EXCESSIVE SPENDING IS NOT FACTORED INTO THAT RANGE. Every student will use their money for different things and every student has different financial circumstances that will effect their economic decisions abroad, so please keep in mind that you may spend much less or much more than the estimated amounts.

Students are provided with a transportation pass for the first month of their program, but keep in mind that after that initial month abroad, students will be responsible for public transportation costs and should budget accordingly.