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Mentor Advice

Question

How far in advance should students prepare financially before studying abroad?

6 Replies from Mentors

  • mentor picture Patrick Frazier
     
    Patrick Frazier
    Director of International Education
    Quinnipiac University
    Look early for funds, speak with congregations, look at the funding as a monthly payment rather...
    Look early for funds, speak with congregations, look at the funding as a monthly payment rather than lump sum. GILMAN!!! FREEMAN!!! (scholarships) Choose a location that you can find funding for (i.e..not Australia or the UK...)
  • mentor picture Miloni Gandhi
     
    Miloni Gandhi
    Associate Director, International Recruitment, Office of Admissions
    University of Southern California
    If you are trying to apply federal loans to your study abroad program, you need to remember to...
    If you are trying to apply federal loans to your study abroad program, you need to remember to apply for FAFSA a year in advance, just as you would for regular school. You should also start saving and creating a budget for your expenditures as soon as you know you want to go. This way, you can have an idea of how much money you will need to be comfortable and accomplish everything you hope to accomplish.