TLDR: Currency exchange rate fluctuations affect most non-US students at Minerva to varying degrees. Long-term currency devaluation has significantly raised tuition prices for students with depreciating home currencies. Minerva’s financial aid packages do not adjust to short-term currency devaluation, which forces students with home currencies prone to sudden devaluation to shoulder higher family contribution costs. There are several strategies for vulnerable students to manage the risk of currency devaluation, such as paying in installments, purchasing or earning USD, and futures contracts. Still, these strategies are not always viable or place additional burdens on students at risk of the effects of home currency devaluation.
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