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Global Business
Exchange Programs Program
Cost & Financial Aid
 When you study abroad on a partner exchange
program, you pay tuition and fees (aside
from housing) the same as if you
remained here at the Smith School.; the
framework of the exchange is such that each university sends
an equal number of students abroad as
they receive, and so costs are balanced
out. You are, however, responsible for
the payment of housing (to the
university or to a landlord), meals and
transportation while abroad.
If you study at a
non-partner AACSB or
Equis accredited
institution, you will
make all financial
arrangements with that
university.
Most aid programs can be received
during Study Abroad Semesters, but
students must request authorization of
each award. The Office of Student
Financial Aid (OSFA) is not able to
offer extra grants or scholarships to
help cover the additional cost of Study
Abroad Programs. In some cases the OSFA
can offer additional student or parent
loans after adjusting for Study Abroad
cost.
Complete the
Financial Aid For Study Abroad Form
for student loan, federal grants (Pell
and SEOG), institutional grants (UM
Grant , UM Scholarship, and Frederick
Douglas Grant), and all grants and
scholarships from the Maryland State
Scholarship Administration (MSSA).
Please note that MSSA aid can only be
received if the study abroad program is
sponsored by a college or university
within the state of Maryland.
Some scholarships are available:
Rotary International offers an
Ambassadorial Scholarship, where the
student is considered an ambassador of
goodwill, and after the study term is
completed the student shares their
experience with people and Rotarians of
their home state. For more information,
see
www.rotary.org/foundation/educational.
The Institute of International
Education offers some specific
scholarships. Look at
www.iie.org
to see if any apply to your interests.
For information on Study Abroad
Scholarships contact:
The Study Abroad Office
1101 Holzapfel Hall
Tel: 310-314-7746
Fax: 301-314-9135
E-mail:
studyabr@deans.umd.edu
Financing
Study Abroad ►
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