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Affording Study Abroad

Date post: 15-Dec-2014
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Concerned about funding your abroad experience? Learn about external scholarships, using your Brandeis financial aid, and budget techniques!
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Affording Study Abroad Using your resources to determine if studying abroad is feasible for your financial situation
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Page 1: Affording Study Abroad

Affording Study Abroad

Using your resources to determine if studying abroad is feasible for your financial situation

Page 2: Affording Study Abroad

Who Do I Pay?1. Brandeis2. Study Abroad Program Charges3. Personal Fees Accrued

Page 3: Affording Study Abroad

Paying Brandeis

Brandeis University Tuition

$21,148/semester (‘12-13 fee, subject to change next year)

Off- Campus Study Fee

$400/semester

International Sickness and Accident Insurance

$36/month, contingent on program coverage

Brandeis University Qualifying Student Health Insurance

Varies, contingent on personal coverage

Page 4: Affording Study Abroad

Paying Abroad Program

Program Deposit

Some programs have an additional confirmation fee, for example CIEE is $300 PLUS the program fee

Room & Board

Some programs also have a housing deposit

Page 5: Affording Study Abroad

Personal Fees Accrued

• Flights• Books• Visa, Entry & Exit, Passport Fees• Local Transportation• Communications (cell phone, phone cards, etc.)• Miscellaneous/ Spending Money

Page 6: Affording Study Abroad

What Financial Aid Can I

Bring?(Scholarships)

• If meets all requirements:• Federal Supplemental

Educational Opportunity Grant (SEOG)

• Federal Pell Grant

• State Scholarships

• Mass. Gilbert Grants

• Faculty and Staff Tuition Remission

Page 7: Affording Study Abroad

What Financial Aid Can I Bring?

(Institutional Scholarships)

Institutional Scholarships/Grants

Ex. Alumni & Friends Scholarship, etc.

Institutional Aid can only be transferable in full if the aid does not exceed the Brandeis bill for that semester and/or the cost of the abroad program is more than or equal to a semester at Brandeis

If you’re an international student please come in and speak with a counselor

Page 8: Affording Study Abroad

What Financial Aid Can I Bring? (Loans)

Most loans if fulfills federal or private company requirements:

Federal Direct Stafford Loans

Federal Perkins Loans

Brandeis Loans and Saval Loans

Federal Direct Parent Loans for Undergraduate Students (PLUS)

Other Parent and Student Private Loans (ex. MEFA)

Page 9: Affording Study Abroad

What Financial Aid Cannot Come With

Me? Malkin Scholarship

Slifka Schoarship

Full Wien Scholarship

Federal Work Study and University Employment

Page 10: Affording Study Abroad

Can I Afford My Program?

Filling out the budget worksheet can help you estimate costs

Keep in mind your financial aid, the program’s costs, and Brandeis tuition may change next year

Instructional video will show you how, this will be posted on Study Abroad website along with this powerpoint

Page 11: Affording Study Abroad

Where Can I Find Additional Funds?

Scholarships for Brandeis Students

Sachar Scholarships

Need-based

Due in early March

Apply online or fill out application in Usdan 127

Program specific scholarships

Merit-based or need-based

Student specific

Destination specific

Program specific

Subject specific

National and International Scholarships…

Page 12: Affording Study Abroad

Scholarship Name Amount and Criteria

Application Due Date

Where to apply

Benjamin A. Gilman Undergraduate Scholarship Program

$5,000 + additional $3,000 for study of a critical language

Early October for spring programs and early March for all other programs

http://www.iie.org/gilman

Bridging Scholarships for Study in Japan

Assistance with exspenses incured during Japan study abroad

Early October http://www.colorado.edu/ealld/atj/bridging/scholarships.html

Department of State Critical Language Scholarship

Assistance with programs stusying critical languages including: Arabic, Chinese, Indic (Bangla/Bengali, Hindi, Punjabi, Urdu), Korean, Persian, Russian and Turkish

Application deadline for the summer is Mid-November

http://www.clscholarship.org/home.php

Freeman-ASIA Program Up to $5,00/semester, $7,000/year, or $3,000/summer for students studying abroad in East or Southeast Asia

Early October for Spring, Mid-February for Summer and Early April for Fall or year long programs

http://www.iie.org/programs/freeman-ASIA

Fund for Education Abroad

Up to $1,000 for students going abroad

Mid-January http://www.fundforeducationabroad.org/applicants/scholarships/German Academic

Exchange Services- DAAD

Supports students interested in doing research or an internship in Germany for a 4-10 month period

Late January http://www.daad.org/?p=47220

MASA Grants $2,000 for Jewish undergraduates studying in Israel

  http://www.masaisrael.org

NSEP Boren Award For study outside Western Europe, up to $10,000/semester and $20,000/year

Mid-February http://borenawards.org

Page 13: Affording Study Abroad

Questions?

Page 14: Affording Study Abroad

Enjoy Abroad!

Email: [email protected]

To make an appointment call the Office of Student Financial Services at 781-736-3700 or email at [email protected]

Feel free to contact me or make an appointment with any questions you may have!


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