The Study Abroad Office knows that for many students, the cost
of study abroad is a significant consideration. Fortunately, financial aid and scholarship resources are available and many study abroad programs are comparable with the cost of study at Saint Vincent College.
Research Costs and Create Your Budget
Budget estimates offered by program providers include all program costs, including expenses not covered by the program fee such as airfare, textbooks, or essential daily expenses, so you can know the comprehensive cost of a study abroad program. If you need help, ask an advisor how to access budget estimates for your program. Be aware that program catalogs and brochures usually do not list the most up-to date fees, nor are the fees all-inclusive.
Determine how much you feel comfortable spending and how much you are able to earn or borrow. If cost is a major factor, explore less expensive countries or cities, different program types, or shorter programs. Begin this process early to have more time to save. Choose the program that best fits your academic, career, and personal goals, while keeping a realistic budget in mind.
Be Prepared to Pay Costs Up-Front
You must pay a portion of study abroad program expenses, such as an application fee, airfare, and your deposit, up to several months before your program starts and before the release of financial aid or scholarships. Plan ahead and be prepared to pay these expenses. If you are using financial aid, you cannot defer these payments until financial aid is released.
The following are examples of items that often need to be paid for well in advance, with approximate amounts you may owe:
Application fee: $25–$100
Confirmation deposit: $400–$500
Airfare: $500–$2,000
Visa fees: $50–$500
