Students pay full tuition during the first 2 years of the Program at Columbia. In each of the 3rd and 4th years at Paris I, students are required to pay 50% of the normal tuition fees. Other fees, including student activity fees, etc, will be waived. Insurance and Health Service Fees can be waived in most instances. Students must pay the tuition ($150) and social security (insurance fees around $200) at the University of Paris I. However, the tuition paid to Paris I will be reimbursed by Columbia. If students are over age 28, insurance should be purchased separately and will cost approximately $900 per year.