Almost all students can afford to study abroad if they plan well. Early planning is the key to financing study abroad.
Costs vary according to the program. Specific information about each program's costs is available from the Study Abroad Office and the individual program providers’ websites.
All federal/state grants and loans can be used to finance your student’s study abroad program. Most UMBC-based scholarships and grants can also be used. In addition, there are a variety of scholarship opportunities available to students.
Students are responsible for making certain they understand the payment procedures for their program provider or international institution. These policies vary tremendously from program to program. Payment information and refund policies are included in the admissions information your student receives from his or her program provider or international institution. Make certain you and your student read and understand this information!
Many US program providers and many international institution require a deposit of between $300 to $500 shortly after students are admitted to the program. This deposit, deducted from the overall program fee, tells the program provider or international institution that the student plans to participate in their program. You or your student are responsible for making payment in a timely fashion.
As part of the Study Abroad Registration Package that students receive during the Pre-Departure Orientation, students will confirm that they have read and understood their payment obligations to their international institution or program provider. Students who leave an unpaid balance with their program provider or international institution risk the delay of their credit transfer, and can also, in extreme cases, have their UMBC registration cancelled and a registration hold placed on their accounts.
|