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Funding Options for Study Abroad
There are several funding options when it comes to financing your study abroad trip. In addition to scholarships, you can often apply your current financial aid package to your time abroad as well as student loans. When choosing your funding options, it’s important to remember:
Learn more about funding options for study abroad.
Additional Resources
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Graduate Financial AidResources from our sister site, GradSchools.com
FAQs for students studying abroadTips and articles from Sallie Mae
You Can't Afford NOT to Go!Advice from the Michigan State University.
Studying Abroad and Saving Money
As a student, it’s always important to save an extra buck whenever you can. This becomes even truer when you’re studying abroad. You want to stretch your money as much as you can while you’re traveling so you can see more sights, eat more delicious food and buy more fun souvenirs. With these 10 simple money saving tips, you can stay within budget while you continue to make the most of your travels abroad.
Learn more about budgeting while abroad.
Applying Financial Aid to Study Abroad
Financial aid can be a complicated process, but don’t let that scare you away. The key is to get an early start so that all of your forms are completed before you leave the country. Chances are if you’re already using federal or university financial aid, those same funds can be put towards your semester abroad. This includes Pell grants, SEOG grants, Stafford loans, Perkins loans, PLUS loans, merit scholarships and private funding.
Learn more about applying financial aid to study abroad.
Any hesitation about studying abroad is typically related to the cost. However, what most students don’t know is that they can actually apply their current on-campus financial aid package to their study abroad trip in addition to scholarships. In fact, for some students, particularly those who pay out-of-state-tuition, studying abroad can sometimes be cheaper than a traditional on-campus semester.
A study abroad scholarship is a monetary award for students to use toward the expenses of their program such as travel, course credits, books and lodging. Students must apply for scholarships and some can be very competitive while others are underutilized. There are several types of study abroad scholarships to apply for such as:
AIFS Scholarships are available to both summer and semester study abroad students. AIFS awards over $600,000 in scholarships and grants each year through Affiliate Grants with your school, International and Diversity Scholarships, and more.
The largest source of funding exclusively for graduate women in the world, supports aspiring scholars around the globe, teachers and activists in local communities, women at critical stages of their careers, and those pursuing professions where women are underrepresented.
AMIDEAST Education Abroad scholarships will be made in the form of a program fee reduction and average between $500 and $1000 for summer programs, and between $500 and $2,000 for semester and academic-year programs. In exceptional circumstances, awards of up to $2000 may be made for summer programs, and up to $5000 for semester and academic-year programs.
Each year, Antioch University offers one or more scholarships to qualified students who would otherwise be unable to participate in these programs: Buddhist Studies in India, Japan and Its Buddhist Traditions, Community Development in Cameroon, Culture and Language in Argentina.
API Awards $335,000 in scholarships yearly in a variety of programs. Scholarships are merit or diversity based, and are open to students participating in an API program.
Provides lists of scholarships and fellowships to and from over 480 universities drawn from the Commonwealth countries of Africa and Asia, Australasia and the South Pacific, Canada and the Caribbean, the United Kingdom, Cyprus and Malta.
Opportunities are provided for U.S. undergraduate and graduate students to become more proficient in the cultures and languages of world regions critical to U.S. interests, including Africa, Asia, Central & Eastern Europe, Eurasia, Latin America, and the Middle East. Maximum awards are $20,000 for the Boren Scholarships and $30,000 for the Boren Fellowships. In exchange for funding, recipients commit to working in the federal government for a minimum of one year
Scholarships are offered for students studying in the United Kingdom based on
At the judging stage, preference is given to those whose proposed study in North America is likely to do most to further transatlantic understanding and/or to those who are required to go to the US or Canada to do a specific course. Candidates cannot already be engaged in their course of study in North America at the time of application although they should be looking to apply to courses in their chosen field.
The Universities Transatlantic Exchange Association (BUTEX) offer scholarships of £500 (pounds sterling) to students studying at a member university in the UK. Scholarships are available for a semester or a year.
Cairo University Engineering Travel Grants are funded by a grant from the U.S. Department of State for students participating on the Summer History of Engineering or the Cairo University Civil Engineering semester. Please note that under the terms of the grant from the Department of State, only students who are eligible for Pell Grants and Stafford Loans can be considered for these Travel Grants
CAPA International Education has more than doubled the amount of scholarship money awarded annually to program participants. Each year, thousands of dollars in scholarships will be given to students who submit application materials demonstrating high academic achievement and financial need. CAPA also offers access scholarships for students who identify with one or more groups whose representation within the study abroad community has been unequal to its representation within the United States population.
CC-CS awards several scholarships to students participating in a CC-CS program. Scholarships are awarded based on diversity or merit.
CFHI offers scholarships towards specific program months each year. CFHI Global Health Education Programs are internship-style programs in clinical health settings in Latin America, India and South Africa.
CISabroad scholarships are available to students who participate in a CISabroad semester, summer or internship program. Scholarships are awarded based on merit and 70% of all CISabroad students receive a study abroad scholarship or grant. Some scholarships include CISabroad Correspondent , CISabroad Photo Journalist, and CISabroad Green Scholarship.
The CLS Program is part of a U.S. Government effort to expand the number of Americans studying and mastering critical need foreign languages. Critical Language Scholarship (CLS) institutes provide fully-funded group-based intensive language instruction and structured cultural enrichment experiences for seven to ten weeks for U.S. citizen undergraduate, Master’s and Ph.D. students.
Scholarships are offered to undergraduate and graduate students from the United States and Canada for short and long term study in Germany. Students are eligible for participation in summer study abroad, internships, senior thesis research or summer courses at German universities. Long term scholarships are available for semester or year study abroad.
Fellowships are awarded to students undergoing training in modern foreign languages and related area or international studies. Students apploy through their home university.
Grants are made to citizens of participating countries, primarily for: university teaching, advanced research, graduate study and teaching in elementary and secondary schools.
The Fund for Education Abroad is an independent organization that is committed to increasing the opportunities for dedicated American students to participate in high-quality, rigorous education abroad programs by reducing financial restrictions through the provision of scholarships. FEA goals include increasing the number and diversity of students studying abroad, in particular underrepresented students. Up to $5,000 for a semester and $10,000 for a year.
A variety of scholarships are offered by public and private organizations to students wishing to study abroad in australia. An easy to navigate database is provided to help find the right program.
The Benjamin A. Gilman International Scholarship program is sponsored by the Bureau of Educational and Cultural Affairs of the U.S. Department of State and administered by the Institute of International Education. This program seeks to lower barriers to undergraduate study abroad by offering scholarships to students with financial need, and we encourage those underrepresented in study abroad to apply. The award is up to $5,000 for semester or academic year programs.
The HSAS Scholarship offers $1,000 per semester to students of the Hispanic Association of Colleges and Universities (HACU) attending Global Learning Semesters programs.
Every year, the Institute for International Liberal Education at Bard College, which administers the study abroad programs in Germany, Hungary, Kyrgyzstan, Palestine, Russia, and South Africa, awards approximately $300,000 in need‐based scholarship aid to students participating in our study abroad programs. Approximately 70% of participants receive scholarship support from Bard.
Each semester, Interstudy awards scholarships to students participating in Interstudy programs in a competitive process based on financial need and academic merit. Interstudy scholarships range from $250-$1000. All prospective Interstudy students are eligible to apply.
Learn, Intern & Volunteer in Latin America. LIVFund has been designed for anyone interested in studying, interning and volunteering in Latin America and who would like to offset program or living abroad costs. LIVFund awards 24 scholarships annually and accepts applications from candidates coming to Latin America to work, intern or volunteer independently or through an organized program for any length of time. We believe that the exchange of cultures makes the world a better place, and we have created LIVFund to help with that mission!
Selected students will receive a full scholarship to be immersed in intensive Arabic language classes as well as other cultural programs such as cooking, calligraphy, and trips to venues of cultural interest and significance throughout Morocco. The scholarship covers all costs of tuition and housing for the duration of the semester dates indicated on the attached flyer. Students will study at our state of the art facility with full amenities.
The Ambassadorial Scholarships Program of The Rotary Foundation is the world's largest privately funded international scholarships program. Students can apply by contacting their local Rotary Club.
Sant'Anna Institute-Sorrento Lingue (SASL) awards a $1,000 scholarship to one SASL semester student who best demonstrates their personal, academic and professional and professional motivations for participation in our programs.
USAC awards more than $350,000 in scholarships each year to help students with their study abroad expenses on a USAC program. We have a variety of scholarships available for students enrolled in USAC programs, including general study abroad, Member University, and site specific scholarships.
The purpose of the SWEA New Jersey Scholarship is to support a person in their studies or their efforts to advance/share knowledge of Swedish culture, traditions, language, history, or society. We are primarily looking for a student from New Jersey or its near surrounding states or someone who studies in New Jersey or its near surrounding states. The applicant must commit to providing a report on how the scholarship was used by giving a presentation to SWEA New Jersey or by writing an article; the preferable option is to give a presentation to the members of SWEA New Jersey.
The Hansard Society Board of Trustees saw it fitting to commemorate two very crucial events occurring in the UK this summer, namely the Summer Olympics and Queen's Diamond Jubilee. To this end the Olympic Torch Scholarship & The Diamond Jubilee Scholarship have been made available to students applying for the Summer 2012 Hansard Scholars Undergraduate Programme. Applicants must have at least a 3.0 GPA and meet the general programme requirements, taken coursework in politics or related topics and have a demonstrated interest in British politics.
Freeman Awards for Study in Asia (Freeman-ASIA) provides scholarships for U.S. undergraduate students with demonstrated financial need to study abroad in East or Southeast Asia. The program’s goal is to increase the number of Americans with first-hand exposure to and understanding of Asia and its peoples and cultures. Award amounts range from $3,000 to $7,000 depending on the length of study.
Phi Kappa Phi Study Abroad Grants are designed to help support undergraduates as they seek knowledge and experience in their academic fields by studying abroad. Fifty $1,000 grants are awarded each year.
The BG Scholarship is available to high school and college students. You must have a minimum 2.0 GPA to be eligible for this award. You must also submit an 250word essay about your academic goals and your contributions to your school and / or community. Please visit the sponsor's Web site for additional information.
The Charles Braver Language Exploration Grant offers one award of $500 each for summer, fall, and spring sessions for students who enroll in any regular SRAS program. It's intended to offset the costs of SRAS study abroad programs for students who demonstrate clear goals in gaining an understanding of Russia – the country, its people, and its language. The grant is dedicated in memory of Charles Braver, an educator who worked for many years to promote and practice cross-cultural teaching, learning, and geographical and intellectual exploration. Eligibility: Students must enroll in an SRAS program (http://www.sras.org/programs) and must have completed two semesters of Russian, Chinese, or the study of any Central Asian language. The applicant must have a GPA of 3.0 or higher and must be enrolled full time in an academic program based in North America or the European Union when applying.
Research Abroad Grants are $1000 each. Up to one (1) grant will be given each year. The grant is applied toward the recipient's SRAS account as partial payment of the required SRAS educational program and any optional research services requested. On the basis of that educational program, SRAS will assist the student in obtaining the proper visa and affordable housing, obtaining health insurance, and gaining official Russian university affiliation (needed to gain access to many archives. Optional research services can assist in locating translators and experts in the field, navigating archives, etc.). In addition, depending on the program chosen, it will provide lessons in language and other subjects. Eligibility: Upperclassmen (juniors and seniors), graduate and postgraduate students in any field of study may apply. The applicant must have a GPA of 3.2 or above and must be enrolled in an academic program based in North America or the European Union when applying. The applicant must also apply for an SRAS educational program of at least six weeks in length (http://www.sras.org/programs).
SRAS is celebrating theater in Russia by offering three $750 scholarships for students who enroll in Acting in Russia, a 6-week intensive summer program of Russian-style actor training for English-speaking actors, hosted in St. Petersburg, Russia. Scholarship participants will be expected to contribute weekly blog entries and a 2-3 page end-of-program summation essay describing what they are learning, experiencing, and how they plan to use this knowledge and experience in the future.
In a small effort to improve the quality of the world's translations, SRAS offers one $500 grant each semester to help young translators go abroad to study their craft. Eligibility: Students who enroll in Translate Abroad (http://www.sras.org/internship_russian_translation) are eligible for the grant. Just write one paragraph in Russian about why you want to become a translator or why you think the world needs better translators. Submit this paragraph with your two writing samples when applying for Translate Abroad to be eligible for the grant.
SRAS offers three $750 scholarships to students participating in our NGO and Cultural Internships Program. Scholarship participants will be expected to contribute weekly blog entries and a 2-3 page end-of-program summation essay describing what they are learning, experiencing, and how they plan to use this knowledge and experience in the future. Eligibility: Students who enroll in the NGO and Cultural Internship Program (http://www.sras.org/internships_ngo_museum_theater) are eligible for the grant.
The Government Grant provides selected students with a monthly stipend of KRW 750,000
We are able to offer some financial support to selected students but this is usually 20% maximum of tuition fees. The fees for various programmes will be found on the website. You will need to show a strong academic record as well as financial need.
As an overseas American liberal arts university, John Cabot has as its mission the goal of creating a community of both degree and visiting students. To recognize the important role visiting students have in promoting JCU's mission, a limited number scholarships are available for visiting students who qualify. Scholarship awards range from $500- $2,000.
Are you a graduating student interested in Health Sciences and are still trying to decide what you might do next year, consider applying to one of the Master's degree programmes at Queen's University Belfast. We currently have FULL tuition fee studentships available for international students applying to: MSc Public Health, MSc Computational Biology, MRes Molecular Medicine
Randolph College has a scholarship program for students from other colleges and universities who wish to enroll in our study abroad program in Reading, England. To qualify, you must be either a US citizen or a permanent resident and be in a four-year undergraduate degree program at an accredited institution that offers US federal funds to its students.
A non-repayable combination of academic and need-based grants up to a maximum of $16,995 for a full academic year ($8,497 per semester). You must file a FAFSA to be considered for a grant.
These merit-based scholarships are offered to students whose housing, whether homestay or dormitory, is arranged by KCP, and who are enrolling in the KCP program for academic credit. This scholarship can be applied to our regular term (semester), extended programs, or summer short-term program. It is not currently available to our summer 5-week business and language program.
Scholarships to the value of 10 weeks’ tuition (£3,775) and accommodation (up to the value of £100 per week) is available for Study Abroad applicants from North America applying for the programme during the 2012/13 academic year. To be eligible you’ll need to meet the requirements for our Study Abroad programme, be ordinarily resident in North America and apply before the deadline of Friday 29 June 2012.
Oxbridge Academic Programs offers scholarships in each of its nine programs in England, France, Spain, and New York. Scholarships are awarded based on both a student’s financial need as well as academic performance. Scholarship applications for each summer become available each October and can be found on www.oxbridgeprograms.com. If you have any questions please don’t hesitate to contact our offices atinfo@oxbridgeprograms.com.
Using problem-based and experiential learning, IWC students create and implement integrated solutions to real-world water and climate change challenges. The degree is co-badged and co-delivered by four leading Australian universities: The University of Queensland, Griffith University, Monash University and the University of Western Australia. Scholarships open to Australian and international students. Value: full-tuition (AU$44,400) and Overseas Student Health Cover for international students. Apply for a scholarship by 1 August 2012. Program starts in February 2013 (Australia)
Scholarships are available for international students when they come to Beijing to study Chinese Mandarin.