Financial Aid for Study Abroad Students
January 10th, 2014 by Jennifer Frankel
Depending on where your studies take you, you may find that the opportunity to study abroad can be quite expensive. If you are an undergraduate study abroad student, you have access to federal grants and loans as well as scholarship opportunities. Once you’ve maximized these options, you can apply for private study abroad loans to help make up the difference.
How does this all work, you ask? Here is a step-by-step process to get you on your way to learning about financial aid for study abroad students:
1. Know Your Costs
This is not always easy, since you may not know what the cost of living will be in your host country. Costs are variable and will depend on the country, the length of your program, what’s included in your program fees, and the type of program you’re enrolled in – not to mention your quality of living. While there are program fees, there is also airfare, local transportation, lodging, entertainment, health insurance, meals, immunizations/vaccinations, and visa fees to consider. Be sure to: Read the rest of this entry »