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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.
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.
Additional Resources
Upromise Help Pay for College with Upromise.
Private Student Loan - Find a Private Student Loan for College
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Zinch ScholarshipsYour RoadMap to Christian Colleges $2000 Scholarship
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.
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 offers 40 scholarships of $1,000 each based on merit and essay submission. Scholarships are also available for returning students and minorities.
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.
Spanish Studies Abroad awards several scholarships to students participating in a Spanish Studies Abroad 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 $75,000 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 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. We have a variety of scholarships available for students enrolled in USAC programs, including general study abroad, Member University, and site specific scholarships.