Financing Study Abroad

For Undergraduate Students Only

Studying abroad takes a financial commitment and the University of Maryland and the Robert H. Smith School of Business are working together to make it affordable for everyone. Scholarships for all 1st-time abroad students are available*, as are funds based strictly on need and/or merit. Students currently receiving financial aid may be able to apply all, or some, of it towards study abroad.

*Global Scholarships for 2014-15 are available for students who have not previously earned credits from a UM global program and/or transferred in any credits from a foreign university.  Students may participate in any UM global, for-credit program and are eligible if they are a student in either: 1) the Robert H. Smith School of Business, 2) QUEST, or 3) the College Park Scholars Business, Society & the Economy (BSE) program.

Click here to apply:  Global Scholarship Application

  • $1,000 Scholarship for UM Semester Abroad Program                                                                                  
  • $450 Scholarship for Faculty-Led Short-Term Global Course

Please note that there is a Global Leadership & Service requirement for all scholarship recipients. Details on application. 

Faculty-led Short-term Study Abroad Courses

Course program fees, ranging from $1,900 - $3,200, include UMD tuition for 3 credits; lodging in  shared accommodations; transportation to/from scheduled activities; on-site support and orientation; costs for any mandatory academic and cultural excursions and/or activities; most group meals; professor and partner fees; pre- and post-departure meetings and excursions; UM Education Abroad services; and international health insurance. Not included: international airfare, personal expenses, some meals and optional trip insurance.  Students are responsible for obtaining and paying for their own visa and/or entry fee where applicable.

Find a list of short-term courses for 2014-15 by clicking here.

Semester Programs

Exchange Program: Students pay what they currently pay for UMD tuition (whether that be In-State or Out-of-State). Students are billed by the University of Maryland as they normally would any other semester. There is no additional program fee. On-the-ground costs (such as housing and meals) will be paid either to the partner university or individually, depending upon the partner’s policies.

Find a list of exchange programs by clicking here.

Maryland-in and/or a Smith-in Program: There is a flat program fee, which usually includes tuition, housing, orientation, and excursions. Students should check the details of the particular program to view what is covered.

Direct-Enroll Program: All financial arrangements will be made directly with the institution by any student who direct enrolls at an AACSB (Association to Advance Collegiate Schools of Business) or Equis (European Quality Improvement System) accredited university.

Funding Sources for Maryland-in and/or a Smith-in Program Programs (Spring 2015):

Other Study Abroad Financial Aid Sources

Horizon