Financing FAQs

Financing Study Abroad FAQ’s

For more detailed information,review the Financing Study Abroad section on the Education Abroad website.

Check out the interactive budget sheet to estimate approximate costs. Students participating in faculty-led programs should consult the summarized cost and payment sheet for their specific program.


Our Cost Considerations Table will assist you in understanding how each program is billed.

Your individual financial aid package is applicable to an education abroad opportunity as long as the program is credit-bearing and the credit counts toward your degree program.Your financial aid package may be amended to allow for costs associated with the program. Meet with a financial aid advisor to determine eligibility.


For more information, check out our Financial Aid resource page.

While the requirement for federal student loan eligibility is half-time enrollment, study abroad requires students to be enrolled full-time during a semester. Rules vary for students participating in Interim and Summer programs. Meet with a financial aid advisor to discuss options.


For more information, check out our Financial Aid resource page.

  1. Complete the interactive budget sheet using actual cost information from your program provider or host institution.
  2. Request an official study budget by submitting the completed interactive budget sheet to your Education Abroad Advisor via e-mail after UA endorsement for your program.You MUST include in your e-mail the cost information from your program provider or host institution.
  3. Your Education Abroad Advisor will notify you via e-mail when your study budget is ready for pick-up in 135 B.B. Comer Hall.
  4. Take the official study budget, signed by your Education Abroad Advisor, to Student Financial Aid in 106 Student Services where your request will be processed.



For more information, check out our Financial Aid resource page.


Note: Submission does not guarantee that you will receive federal financial aid.The request for scholarship funds to be applied is a separate process.

  1. Print the program specific Summarized Cost and Payment sheet (found in your application, after you have been approved).
  2. Take the Summarized Cost and Payment sheet to the Education Abroad office in 135 B.B. Comer Hall to be signed and stamped.
  3. Take the signed and stamped Summarized Cost and Payment sheet to Student Financial Aid in 106 Student Services where your request will be processed.

Note: Submission does not guarantee that you will receive federal financial aid.The request for scholarship funds to be applied is a separate process.

The best time to meet with a financial aid advisor is during the exploration phase. The more specifics you have about the program you plan to do and its associated costs, the more specific the information you will receive from Student Financial Aid. Go to 106 Student Services with federal financial aid questions.


For more information, check out our Financial Aid resource page.

The applicability of scholarships is determined by the Office of Undergraduate Scholarships. Programs must be credit-bearing. Applicability is based on:

  • Type of scholarship (i.e. tuition only, tuition + stipend, etc.)
  • Type of program (i.e. faculty-led, exchange, affiliate, etc.)



For more information, check out our Undergraduate Scholarships resource page.

View the process for requesting scholarships for study abroad here.

It depends on the start date of your program. Financial aid and scholarships are disbursed right before the start of the UA term.


If you would like to defer payment until you receive your anticipated funds, contact Education Abroad.

Students are required to set up direct deposit at UA. In the MyBama portal, select the “student” tab and then “student services” to set it up. Once direct deposit is established, students will receive any extra funds remaining after the federal financial aid or scholarship money pays any outstanding UA charges.

All students participating in Education Abroad programs are automatically enrolled in mandatory CISI Insurance(link to CISI and/or insurance page). This fee will be charged to your UA student bill.

  • Summer: $55
  • Semester: $220
  • Exchange programs: $275 (typically 5-6 months)