Scholarships & Financial Aid

money

Using Financial Aid to Study Abroad

Students can often utilize their scholarship, grant and loan aid sources from their award offer when they study abroad. You may even be eligible for additional UC funding sources to assist with travel costs. The key is to plan your study abroad experience both academically and financially.

 

Financial Pre-Planning

Before you start planning your study abroad experience, make sure you understand your current expenses.

  • Keep track of how much you spend on tuition, housing, meals, parking, gas, bills, going out, shopping, etc. per semester so you can budget for your study abroad experience.
  • Make sure you understand your current financial aid allowance and scholarships.

 

Academic Planning & Financial Aid

If you want to use financial aid for your study abroad experience, you must ensure that the classes you take abroad apply to your academic program. The financial aid office will perform a degree audit to see if you still have untapped elective hours or the proposed coursework meets your specific, remaining degree course requirements.

Work with your study abroad advisor, academic advisor and financial aid advisor to ensure that the program you select will work with your financial aid.

 

Financial Aid Paperwork

To use financial aid for an exchange program, external program or hybrid faculty-led program, you must complete a Financial Aid Contractual Agreement Form. This form has several sections:

  1. General information: Your contact information & program information
  2. Academic coursework: Courses you plan to take abroad, course equivalencies and total number of credits signed by your academic advisor. It’s best to attach your Academic Credit Approval form rather than complete this section.
  3. Host institution: If you are participating on an exchange program, UC International will complete this section. Otherwise, this is completed by your program provider or external institution and they verify your travel dates, budget, and part or full time student status. 
  4. Home institution: Completed by Financial Aid after the complete agreement is submitted to UC International and/or uploaded online. You must attach an acceptance letter and budget / cost sheet / invoice to your agreement.

UC International Scholarship

The University of Cincinnati has committed funds to support students going abroad on approved academic programs. These funds are awarded via the UC International Scholarship.

 

How do I apply for funds?

Students who would like to apply for a scholarship and are participating in an individual study abroad program (one that is not lead by a UC professor/instructor), should now apply for scholarship as part of their study abroad application. Look for the UC International Scholarship Questionnaire within your application to go abroad.

 

How does UC International determine recipients?

We will only consider students with completed applications, submitted by the program deadline, for funding. We will consider the entire application in making our decision, not just the International Scholarship Questionnaire.

By applying for scholarship, students are agreeing to complete an outreach project as a condition of their award, if they receive funding.

 

Scholarship Deadlines

Students should complete the UC International Scholarship Questionnaire by:

  • Your program deadline (if applicable)
  • June 15th for fall travel
  • November 15th for spring travel
  • March 15th for summer travel

The UC International Scholarship application is incorporated into the online program application process.

Eligibility

  • Full-time or part-time UC students matriculated in a degree program
  • In good standing at the University (overall GPA greater than 2.0)
  • Participating in a credit-bearing program: either a pre-approved UC program or an external program with transfer credit
  • Independent study, research, performance, and conference participation not eligible
  • Faculty apply on behalf of students participating on faculty-led programs, so students on faculty-led programs are not eligible to apply

Nationally Competitive Awards

The Office of Nationally Competitive Awards focuses primarily on applications for the Boren, Fulbright, Goldwater, Marshall, Mitchell, Rhodes, Truman and Udall Scholarships. They also provide resources for a variety of other scholarships, fellowships, and grants that are specific to international studies.

 

College-Specific Scholarships

 

William and Shirley Merke Study Abroad Fund

  • Awarded to McMicken College of Arts & Sciences students (all majors)
  • Participating on a semester-long program. 
  • Funds are awarded by UC International
  • Consideration is based on the UC International Scholarship application - no further scholarship application needs to be completed. 
  • In 2018-19 year, 4 scholarships of $500 each will be awarded

 

Badanes Fellowship for International History

  • Awarded to undergraduate History majors
  • Participating in a UC faculty-led study abroad program.
  • Consideration is based on the UC International Scholarship and in consultation with Financial Aid (to determine financial need). No further scholarship application needs to be completed.
  • In 2018-19 academic year, 3 scholarships of $1,000 each will be awarded.
  • If an award cannot be made to an undergraduate History major participating in a faculty-led program, undergraduate History majors participating in other study abroad programs may be considered.

External Scholarships

External scholarships are out there for study abroad programs! The following are just some possibilities - you might find even more opportunities through research. Click on the links to go straight to the scholarship's website, or download our quick overview of scholarship amounts, deadlines, and eligibility requirements.

Study Abroad on a Budget

Selecting a Program

  • Consider countries where the cost of living is lower. You will spend considerably more to study in Spain than in Mexico. Similarly, consider less mainstream cities; it costs much less to study in Viterbo, a city outside of Rome, than it is to study right in Rome.
  • Consider the difference between cost and value. Sometimes a longer term experience can give you a better bang for your buck! Summer programs may be an added cost if you normally don’t take summer courses.

Plan Funding Early

  • Plan to apply for scholarships early so you don’t miss important deadlines.
  • Search for lower cost airfare rates and book airline tickets early. STA travel has an airfare deposit program that allows you to pay only $300 for your ticket up front. They hold your seat and you can pay the rest up until a week before departure.

 

Creative Funding

  • €Set priorities: choose to work longer hours or get a part-time job to earn additional funds.
  • Make small lifestlye sacrifices to put extra money aside, like postponing the purchase of new jeans or drinking water instead of a daily soda or latte. 
  • Ask relatives to contribute to your study abroad for holidays and birthday gifts.
  • €Consider setting up a crowdsource account like FundMyTravel or GoFundme.

While Abroad

  • Create a budget - whether old-school on paper or on an app like Mynt, creating a budget and looking at it can help you manage your funds abroad. It might help to write down purchases in a small notebook, or organize receipts at night.
  • Live like a local, rather than a tourist. Utilize public transportation, seek out local markets, and make friends with native students.
  • Look for student discounts! Rail passes, museums, and more might be cheaper if you show off your student ID or ISIC card.