If you are thinking about studying abroad or have already decided to do so, you may be concerned about how you will fund the experience. We frequently hear from students that the program cost is a primary factor in deciding whether they are able to pursue studying abroad.
The following information will provide you with resources and tools to start building your funding plan for your study abroad experience. It is important to note that the more time you can give yourself in planning your budget, the more opportunities for funding options you will likely have.
Getting Started/How Do I Fund Study Abroad?
No two programs are the same, and our program costs reflect these differences. Our programs vary widely in cost, so it is likely that we have a program for every budget. Sometimes studying abroad is no more expensive than studying on-campus and other times the cost can be higher.
We encourage all students to:
- Attend a Funding Study Abroad Information Session
- Determine your budget
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- Track daily expenses here in Madison for at least one month (include all expenses)
- Fill out the Study Abroad Budget Worksheet, comparing the cost of being in Madison to studying abroad
- Research programs and identify those that meet your budget
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- Be sure to check which items are included in the program fee. Sometimes amenities, such as housing, are included.
- Consider other potential costs, such as airfare and cost of living, which may not be reflected in the program fee.
- Complete a FAFSA application and meet with the Office of Student Financial Aid
- Apply for scholarships
- Use creative funding techniques
Funding Study Abroad Events
No events returned.