Financing Your International Experience
Financial Planning for your International Experience
When planning for your International Experience, it is important to begin planning early for both academic and financial purposes. There is a wide spectrum of costs associated with each study abroad program and we want you to find a program that is also the best fit for your finances.
Before you apply to a program, consider your existing financial aid for a typical semester at the University of Minnesota, how may that be affected by your program selection?
- Submit a Free Application for Federal Student Aid (FAFSA) through the Office of Student Finance within OneStop.
To discuss your financial aid package, and how it may be adjusted to accommodate the cost of studying abroad:
- Schedule a Financial Aid Preview Meeting with an advisor at OneStop
- Once you are accepted into a program, you must request a Study Abroad Cost Estimate (SACE) form from your study abroad office to submit to a OneStop Advisor. OneStop will use this form to adjust your financial aid package accordingly
There are many scholarships available for study abroad programs, but deadlines may differ from your program application deadline. We encourage you to research your scholarship options early. Remember, not all your scholarships have to be "study abroad scholarships"! You can look at various collegiate scholarships that apply to your semester's tuition.
Here is a list of pages you can explore:
- Carlson Global Institute Scholarships
- Learning Abroad Center Scholarships
- University of Minnesota's Study Abroad Scholarship Search Engine
- China Center Study Abroad Scholarships
When we become aware of special scholarship opportunities for Carlson students, we will list them here. Please closely read the scholarship requirements and deadlines, as these scholarship, fellowship, and grant opportunities are not facilitated by Carlson Global Institute:
- Mondale Scholarship - up to $2000 scholarship for students studying in Japan 2022-23
- China Center Study Abroad Scholarships - Up to $1,500 scholarship for students participating in an educational program in China
- CAPA Scholarships - Any student on a CAPA program (Business in Dublin/Barcelona, etc.) should definitely check out their grants and scholarships
- United States-Japan Bridging Foundation - Scholarships for students studying in Japan for at least 8 weeks
Upfront Cost Assistance
Once you choose your program, there may be some upfront costs associated (such as airfare and program deposits) that you may not immediately have funds to cover. Both the Carlson Global Institute and the Learning Abroad Center offer solutions that allow the student to cover these costs before your financial aid package disburses:
Below we have some additional resources to help you evaluate program costs:
Still have questions? Lets Connect!
Choosing the right program for you and your goals while evaluating program costs and researching your financial resources can be complex, but we are here to support you!
If you have any questions regarding program costs and financing study abroad, we invite you to contact the Carlson Global Institute Study Abroad Scholarships & Financial Aid Advisor to schedule an appointment at email@example.com