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Study Abroad Programs Worldwide: +(34) 91 591 23 06    |   Contact us

FOREIGN CURRENCY GUARANTEE

Overview

AmeriSpan lists all program prices in one currency (US dollars) so our clients can easily compare similar programs in different countries.  Each year, we set our US dollar prices based on the average currency exchange rate compared with the US dollar.  Because the US Dollar exchange rate has had unusually high fluctuations, we have the "AmeriSpan's Foreign Currency Guarantee". This guarantee applies to our language programs in Europe and Asia. 

How To Invoke the Foreign Currency Guarantee

When registering for a standard Language Program in Europe or Asia simply note "currency guarantee" and we will adjust the cost to today's currency rate.
 

How We Calculate New Price

  1. Adjust Local Currency Price - We need to convert to a US dollar price.  We use Oanda.com to find the highest daily [foreign currency]/$ rate during the previous 2 weeks.  Then we take the local currency price and multiply it by the [foreign currency]/$ exchange rate.  Then multiply this exchange rate adjusted $ price by 1.05.  We add 5% because the listed exchange rate is not obtainable in the real world unless the amounts are in the millions.  For example, when exchanging Dollars for Euros, you will pay a minimum of 3-5% (if you don't believe us, contact your local bank or a local travel office).   
  2. Compare the two prices - if the exchange rate adjusted price that you just calculated is lower than AmeriSpan's published price , then we will match your calculated price and discount it a further $10.

Notes & Rules

  1. Only When Registering - To initiate the Foreign Currency Guarantee, you must tell us when you register. 
  2. One Time Only - We calculate the price when we receive your application and it is a courtesy.  We will not be changing your price every time currency changes.   
  3. Standard Language Programs Only - this guarantee is only valid for standard Language Programs.  All other program types (including fun programs) are excluded from this guarantee.
     
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