What Do I Need to Know About Money?Have you budgeted for:Health Insurance costs over one thousand dollars yearly. Wilson requires all international students to have health insurance. See this web site for information on U.S. health insurance:http://www.nafsa.org/uploadedFiles/Chez_NAFSA/Resource_Library_Assets/Networks/ISTA/HealthInsuranceAndCareForISSfinal2.pdf Vacation Periods – Students remaining on campus during J-term and summer vacation periods and breaks will be charged additional room and board. There are other options during vacation periods, such as travel or homestay programs (http://www.christmasih.org/) Carrying money to the USABe cautious about carrying large sums of cash. You may choose to wire money from home, or use a major credit card and immediately pay off the balance to avoid accrual of interest. You may wire money from your home account to Wilson’s bank account in order to pay your deposit and your balance for tuition, and room and board. For Wilson’s Bank Account information please contact Lori Tosten at ltosten@wilson.edu Money upon arrival:Opening a Bank AccountDuring Orientation Week there will be opportunity to learn about local financial institutions where you may choose to open a bank account.