There are many factors to consider when choosing a program, from location and length, to academic and personal fit. One of the most important factors is often cost of the program. The way to evaluate this is to compare to the cost of participating in a program abroad to the cost of studying on campus.
Comparing Program Costs
When comparing program costs, be sure to look at total program costs: program fee and estimated out of pocket expenses. Program fees may or may not include airfare, housing, meals and other costs, so be sure to consider all costs. Use the budget worksheet (pdf) to accurately compare total program costs in relation to the cost of attendance at the University of Minnesota.
The graph below represents the total estimated cost of participation for various programs offered through the LAC. Costs are based on Fall 2026 billed program fees (tuition, insurance, etc.), as well as estimated additional expenses not billed to students' accounts (airfare, personal spending, visa fees, etc.). The on-campus cost of attendance figures are those provided by OneStop for the 2026–27 academic year for students living in a dorm.
Comparing Costs for Semester Programs and Short-term Programs
When exploring programs, you're also encouraged to explore short-term program options, like a Winter Break, Spring Break, or May Session program. Beyond varying program lengths and structures, there are other important differences between short-term and semester programs that you should explore to determine a best-fit program for you.
Here are some financial considerations when deciding between semester and short-term programs:
- You are typically not able to work when studying abroad due to visa restrictions. If you typically work while attending school, be sure to factor in the potential loss of income. Similarly, if you provide childcare for family members, you will need to include that added expense into the overall cost of going abroad.
- Financial aid options for Summer (including May) are limited. If you want to use financial aid towards the costs of a short-term program, choose a Winter Break, Spring Break, or embedded May program (where you take a spring course on campus, and go abroad during May). All of those terms are considered part of fall or spring semester and have more opportunities to use financial aid.
- Program fees for short-term, instructor-led programs are typically more comprehensive than semester program fees. They almost always include airfare, so you don’t have to budget for a flight in advance. They also cover housing, some or all meals, program activities, excursions, etc., limiting the funds needed for the program once you are abroad.