Finances

In determining how to fund your international experience, you should research financial aid eligibility, scholarship eligibility, and evaluate your personal funding. Moreover, take into consideration the number of credits as well as the amenities included in a given study abroad program. For example, some programs include housing and meals, while others do not. Keep these factors in mind when selecting your program. The resources below will help you compare the prices, logistics, and academic offerings of different programs. 

Manage your Finances

  • Decide how you will pay for day-to-day travel expenses.
  • Contact your bank and/or credit card company to inform them that you will be abroad and inquire about international ATM fees in your host country.
  • Know the currency exchange rate between the U.S. and your host country
  • Compare program finances within the Budget Worksheet and decide upon a working budget for your international experience.

 Apply for Additional Funding

  • Look into existing scholarships to fund your overseas trip.
  • Ask your study abroad advisor about scholarship options specific to your institution

Useful Apps


XE: Get up to the minute exchange rates for 180+ currencies to understand your spending in your host country

 


Venmo: An easy way to transfer money between debit cards, credit cards, and bank accounts. Very helpful, especially if your family needs to send you money. It's also run by paypal, so you can be sure it's reliable.