In an ideal world, your study abroad program expenses will be equivalent to the expenses on your home campus and paid for by the same student, family, and institutional financial aid packages. But that is not always the case. You’ll have to research the programs you are interested in and compare the costs. Program costs vary according to the financial resources and policies of your home university. You'll also need to create a personal budget so you know how much money you need.
Some home universities charge full home-campus tuition for participation in the study abroad program. Other institutions ask you to pay an administrative fee and pay the non-U.S. institution directly for its tuition and fees. Program expenses also vary depending on services—some programs offer more features, better support services, more on-site supervision, and/or more field trips.
Factors that affect your total program costs include:
In addition to the study abroad program costs, you will need money for a variety of other expenses. Use the following list to create your estimated total budget for your study abroad program. You need an estimate of your total budget to evaluate what programs you can afford.