Everyone is eligible for some kind of financial aid and most students will be able to use their existing financial aid and scholarships on study abroad.
You'll need to complete the FAFSA and meet with a financial aid advisor to reevaluate aid based on program costs. Federal aid goes with you. Institutional aid varies on the program.
Check out how UND student, Chelsey Smith, managed to finance two study aboard experiences.
Types of Financial Aid
- Employment (only possible on some programs, such as Semester at Sea)
- Federal Work-Study (must be enrolled in at least 6 credit hours)
- Institutional Student Employment
- Cooperative Education
- Federal Pell Grant (6 credits+)
- Federal SEOG (6 credits +)
- Federal ACG and SMART Grants (12 credits+)
- North Dakota State Grant (12 credits + ND residents only)
- Nursing Loan
- Perkins Loan
- Stafford Loan
- Alternative Education Loans
- Complete the FAFSA for the academic year that you will be abroad.
- Complete the Memorandum of Understanding with the OIP.
- Register for UNIV 228, 229 or other study abroad course
- Complete Financial Aid Budget Planning Worksheet.
- Meet with Financial Aid Advisor for study abroad to re-evaluate financial need (bring the following documents with you to this meeting):
- Completed Financial Aid Budget Worksheet (in your notification letter)
- Cost Estimate sheet (available online)
- Copy of Memorandum of Understanding (available at OIP)
Summer financial aid requires an application and financial resources are often limited. Be sure to check with the Financial Aid office for dates.
The disbursement of financial aid is typically done during the second week of classes:
- Early September (fall semester)
- Mid January (spring semester)
- Late May (summer term)
In some cases the disbursement may not coincide with the payment requirements of the host institution and you must work with the study abroad institution’s business office to make arrangements. The Financial Aid office may have suggestions for commercial loans, scholarship resources, etc.