Education abroad can be affordable, but like any educational investment, it requires planning and careful comparison. International opportunities vary widely in cost, depending on the type of program, inclusions in the program (excursions, meal stipends, housing, etc.), length of stay, and destination. Various factors that influence the total cost of participating in a study abroad program include:
- Number of credits taken
- Local cost of living
- Timing (high tourist season vs. low tourist season) and length of program
- International and on-site transportation
- The type of program
When comparing program fees, students need to look carefully at what’s included and what’s not included. Outlined below are useful tools to aid you in comparing programs costs, as well as tools that can provide various funding options.
- Financial aid can be applied to study abroad. Consult the Office of Financial Aid to find out if you are eligible. Download the Financial Aid Checklist
- Utilize the Expenses Calculator
- Many Scholarships are available. Be sure to check eligibility requirements
- The costs of some programs are comparable to what you would pay here on campus. Make sure to utilize the Study Abroad Worksheet 3: Budget Comparison.
Once you know the costs, set a budget and stick to it! If you are getting outside support, itemize your list and determine what you can pay for and where you will need help.