Financing FAQs

Financing Study Abroad FAQ’s

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


How much will my program cost?

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.


Can I use my financial aid for study abroad?

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.


Does the number of credit hours affect my eligibility for federal financial aid for study abroad?

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.


How do I request for my federal financial aid to be applied (for non-faculty-led programs)?

  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.


How do I request for my federal financial aid to be applied (for faculty-led programs)?

  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.


When do I need to meet with a Financial Aid Advisor?

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.


Can I use my scholarships for study abroad?

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.


How do I request for my scholarships to be applied?

View the process for requesting scholarships for study abroad here.


When will I receive my federal financial aid or scholarship?

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.


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Cost Considerations

Study Abroad Cost Considerations by Program Type

Financial Factor UA FAculty Led UA Exchange Affilate/ Direct Enroll/
Non-UA Affilate
UA Tuition Varies by credit hours (based on in-state rate) UA tuition (based on student’s residency) Not paid to UA during term abroad
Program Fee All other costs for program as listed on the program’s Summarized Cost and Payment sheet and paid to Student Receivables N/A All costs will be paid to the provider or host university
Living Expenses (i.e., housing, meals, etc.) Incorporated into the program fee as listed on the Summarized Cost and Payment sheet Living expenses are not bundled but are payable to outside entities* May or may not be bundled in the program fee as determined by the provider or host university
Study Abroad Course Fee Included in program fee $125 billed via enrolment in a placeholder course (i.e. CIP 401). Payable through UA bill $125 billed via enrolment in a placeholder course (i.e. CIP 413). Payable through UA bill
Study Abroad Insurance (CISI) Included in cost of program $275 for semester paid through UA bill $220 for semester/$55 for summer paid through UA bill
UA Undergraduate (tuition) Scholarships UA scholarships may apply to the “overseas tuition” portion of the billable cost of the trip; it is charged at the in-state rate UA scholarships may apply to the tuition at the rate determined by student’s residency UA scholarships may apply to the full program fee as determined by the Office of Undergraduate Scholarships
Other Undergraduate Scholarships Yes, these may be applicable! See the Undergraduate Scholarship Request form for applicability Yes, these may be applicable! See the *Undergraduate Scholarship Request form for applicability. Yes, these may be applicable! See the *Undergraduate Scholarship Request form for applicability.
Study Abroad Scholarships UA and additional sources offer a plethora of scholarships solely for study abroad programs.
Most awards are posted directly to the student’s UA account.
Student Financial Aid Students eligible for federal financial aid at UA may get their aid package reassessed for their study abroad program.
Other Costs to Consider Flights, passport, visa, luggage, communication methods (cell phones, calling cards, etc.), travel money for free time, gifts, souvenirs and general spending money (toiletries, snacks, laundry, etc.). The interactive budget sheet will help you estimate these expenses.