There is no doubt that there is a stereotype that all study abroad programs cost an outrageous amount of money to participate in. However, many students are surprised to hear that studying abroad can be financially similar to a term at Oregon State University. Studying or doing an internship abroad doesn’t have to be an expensive venture, and where you go can dramatically impact the cost. Here are a few steps to help you plan for an affordable journey of a lifetime!
First, you should decide why you want to go abroad. Is it to explore a new culture? Improve language-proficiency? Gain professional experience? Once you have goals clearly laid out for you trip, you can begin looking through programs that fit your needs. Not all programs are financially equal, and you can reduce the cost by picking a certain region or type of program. For example, on exchange programs, where you trade places with a student at the foreign university, you pay the same tuition rate as you would if you stayed at OSU.
Next, you should begin to navigate the scholarships webpage to find ones that you qualify for. The Office of Global Opportunities offers over 30 scholarships for study abroad and international internship participants. Although some of the awards are based on financial need, there are some that don’t consider this. Career services in Kerr Administration is a great resource to help you write scholarship application essays or create a resume.
Another great resource is the financial aid office. You should begin to explore what is offered in terms of grants and loans. It is possible to increase the maximum loan amount if your study abroad program increases the cost of attending OSU significantly. Did you know that most scholarships through OSU and outside organizations can apply directly to your abroad program? Check with your scholarship provider or the financial aid office to see if your scholarship will help you go abroad.
On the Office of Global Opportunities site, there is a budget calculator that allows you to input all of the costs of going abroad (plane ticket, tuition, meals etc.) and calculates the total cost of the program. This tool is useful in comparing different programs. If you have any questions on your search to find the right program for you, feel free to contact the OSU GO office at email@example.com.