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EURO PRICE GUARANTEE
Overview
AmeriSpan lists all program prices in
one currency (US dollars) so our clients
can easily compare similar programs in
different countries. For 2007, we
have set US dollar prices based on the
average Euro exchange rate compared with
the US dollar. Because the Euro/US
Dollar exchange rate has had unusually
high fluctuations, we have introduced
"AmeriSpan's Euro Price
Guarantee". This guarantee applies
to our programs in the following
European locations: Spain, France,
Germany and Italy. If you find a
better price for the same program, we'll
match it and discount it another $10.
How To Invoke the Euro Price Guarantee
For purposes of invoking the Euro Price
Guarantee, the comparative program's
price needs to be less than
AmeriSpan's published price. When registering for a program in
Spain, France, Germany or Italy,
simply include a copy of the other
organization's price sheet or a link to
their website where the price is in
print. As long as the program is
equivalent to AmeriSpan's program (see
below) will honor their price and
discount it another $10.
How To Calculate
- Find AmeriSpan's
Price - AmeriSpan's
registration fee should not be added
for comparative purposes.
- Find Comparative
Price - If the price is in
Euros, then you'll need to convert
to a US dollar price. Go to Oanda.com
to find the median $/Euro
rate. Then take the
comparative programs price and
divide it by the $/euro exchange
rate. Then multiply this price
by 1.03. We add 3% because the
median exchange rate is not
obtainable and if you try and
exchange dollars for Euros, you'll
realize that you will pay a minimum
of 3% (if you don't believe us,
contact your local bank or a local
American Express travel
office).
- Compare the two
prices - if AmeriSpan's price is
higher than this price then you may invoke
the price guarantee as long as the
programs are equivalent (see below).
How To Determine Equivalent ProgramsIn order to invoke the Spain
Price Guarantee, the programs must be
comparable. Here is a list to
check to see if they are equivalent:
- Destination -
The comparative program needs to be in the same
city. For example, you can't
compare a program in Salamanca with
AmeriSpan's program in Barcelona.
-
Amount of Class -
The comparative program must have
an equal amount (or more) of
Spanish instruction time.
There are two factors to determine
this: sessions/week and
minutes/session.
-
Maximum Students
per Class - The comparative
program must have the same (or
fewer) students in class. We
determine this by the programs
stated maximum number of
students.
-
Same
Type of Lodging - The
comparative program price must be
calculated with the same: type of
lodging (homestay, dorm or
residence/apartment); # of
meals/day; and number of people
sharing the room (private or
shared).
-
Same
Quality of Instruction -
AmeriSpan reserves the right to
disqualify certain programs where
the quality of instruction may be
in question. This is
determined by several factors
including teachers qualifications,
years in business, international
recognition and qualifications
(i.e. CEELE).
What Happens If The Program Is Not Equivalent?If for some reason, we deem your
comparative program not equivalent
with AmeriSpan's program. We'll inform you and
issue you a
full refund.
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