US students can use national government financial aid, such as Pell grants and student loans, to study abroad. Scholarships, including the Gilman and Boren scholarships, are also available. The Fulbright program provides funding for US citizens and international students. Other options include loans and private institutions.
A student who wants to study in another country has several options for financial aid. US citizens can use national government financial aid, such as Pell grants or student loans, to finance their studies abroad. Scholarships, both public and private, are also available to qualified students. In some cases, a student may receive more financial aid for studying abroad than they would receive if they stayed on campus, because the cost of the study abroad program may be more than the university’s normal cost.
In the United States, students can fill out the Free Application for Federal Student Aid (FAFSA) to see if they are eligible for grants or loans to study abroad. Pell grants are offered to undergraduate students who have an estimated household contribution below the maximum, which varies from year to year. Some students may even qualify for the Federal Supplemental Educational Opportunity Grant, which is offered to students who are in dire need.
Various scholarships are also available as financial aid for studying abroad. The Benjamin A. Gilman International Scholarship is available to undergraduate students who are also eligible for the Pell Scholarship and are studying abroad. Students need to study in a country for a period of at least four weeks to be eligible for the scholarship.
The David L. Boren Scholarship is another form of US financial aid for study abroad. Scholarships are available to undergraduate students, while scholarships are offered to qualified graduate students. In exchange for the scholarship, the student must agree to work for the national government in a position that has national security responsibilities, such as a position with the Department of Defense.
Other study abroad financial aid options include the Fulbright program. The program provides funding for US citizens who want to study abroad, as well as international students who want to study in the United States. The program is open to people with a bachelor’s degree but not yet a doctoral degree.
The United States Institute of International Education administers several foreign aid programs, including the Fulbright program. Various other scholarships for students sponsored by the national government or private institutions are also available. There are other sources of financial aid for study abroad in addition to grants and grants. A student who is ineligible for either can use a loan, such as a Stafford or Direct Loan, to finance their study abroad.
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