Costs and Financial Aid
The financial expense of studying overseas varies depending upon the university or program chosen as well as the ability to budget once abroad. Typically, by choosing a less expensive university or program, more money can be put towards spending and/or traveling.
The current exchange rate also impacts the total cost of going overseas. Daily exchange rates can be tracked at:
Planning early allows students to understand the application process involved with going abroad as well as giving them the ability to save money to finance the trip. A first year student who plans to go abroad their junior year will be able to save more money than a third year student who plans to go abroad the following semester.
The costs listed by location on the SU International Programs website are only estimates. Items such as tuition and accommodation have been converted from the local currency into U.S. dollars. Additionally, the exchange rate fluctuates daily and the overall expense of the experience can go up or down.
Most programs do not include the following expenses which should be budgeted for:
- Local transportation
- Spending money
Students who receive financial aid can use it to go abroad. Aid that can be used includes:
- Federal Stafford Loans
- Federal PLUS Loans
- Federal Pell Grants
- Federal Perkins Loans
- Federal SEOG
- PHEAA State Grants
- Private loans
The majority of scholarships awarded tend to be for students studying a foreign language or who go to a non-traditional location. Factors such as financial need and academic achievement sometimes positively influence scholarship applications. Details are available from an advisor.