Learning Abroad Center

Finances

Things to Know about Financing Your Experience Abroad

  • Participants pay a program fee instead of on-campus tuition and fees for the term they are abroad.
  • Several scholarships and fee reductions are available.
  • Most financial aid can be used for credit-bearing study abroad options endorsed by the UofM, and all students are eligible for some type of financial aid.
  • Even if you have not received financial aid in the past, you should consider applying for financial aid for the year in which you plan to go abroad.
  • Don’t rule out needs-based aid. Many students who think they don't qualify for needs-based aid actually do.
  • If you don't have a program picked out yet, take advantage of the University's online financial wellness resources for budgeting, student loans, and more, or schedule a financial wellness counseling appointment.

Special Funding Sources

  • The GI Bill® can only be used for study abroad in rare circumstances. Contact University Veterans Services to discuss your program.
  • Contact your 529 plan administrator to determine which study abroad costs are eligible under your plan's policies. Rules vary from plan to plan, and Onestop will not be able to provide the information for your specific plan.

You CAN Afford to Study Abroad Virtual Info Session

Monday, February 26, 2024: 2:30-3:30pm

Registration is required. This event will be held virtually only.

If you are unable to attend the live session, or wish to review the information early, you may access the Zoom recording of a previous session from September 2023 (login and UMN email may be required).

This session provides an overview of a variety of scholarships and strategies for applying; financial aid options; and cost considerations that will help you choose a program that fits your budget.

Contact Thuy Doan with questions.