I’m gonna be honest with y’all: I didn’t think I could afford to study abroad. By the time my senior year of college rolled around, I had given up all hope, because I needed to squeeze in too many last-minute credits.
Luckily, my university offered a month-long study abroad option, as opposed to a whole semester. The total cost for the trip came out to $3,000, which covered my housing, museum passes, and a limited public transport pass – it did not include my plane tickets and meals.
Not to mention all the souvenirs I needed to squeeze into my carry-on… how am I not supposed to grab a £30 snow globe of Buckingham palace?! But I digress.
My Kitelings, the reality is that studying abroad is much more financially possible than you might think. It’s so important for our students to discover different cultures and history (and how hard it is to navigate foreign subway systems), so let’s get into it!
Why Study Abroad?
Besties, you can only learn so much about a different country in a classroom. Immersing yourself in a completely new place is the key to truly understanding its culture!
Of course, traveling is expensive in general, let alone to potentially other continents. But it’s important to study abroad for a multitude of reasons, beyond just personal growth:
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To learn adaptability
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To unlock problem-solving skills
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To demonstrate cultural awareness
All of these are traits that employers highly value. In fact, research shows that students who study abroad have better career prospects and often earn higher salaries.
So, what’s stopping you? The cost? Maybe we can check off that box! There are numerous financial aid options designed specifically for students who want to study abroad.
Opportunities for Study Abroad
When it comes to financing your study-abroad experience, there are plenty of options to explore:
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Scholarships and Grants: These are the golden tickets of financial aid!
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Scholarships and grants don’t need to be repaid.
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Many organizations, such as the Fulbright Program and the Gilman Scholarship, specifically support students studying abroad.
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Some scholarships are geared toward students in certain fields, or certain sponsoring countries.
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Others prioritize diversity and inclusion, which helps students from underrepresented backgrounds access global education.
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Federal Aid: Did you know you can sometimes use your FAFSA (Free Application for Federal Student Aid) funds for study-abroad programs?
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Check with your university’s financial aid office to see if your chosen program qualifies.
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University Programs: Many colleges and universities have partnerships with international institutions.
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This allows you to study abroad while paying your home school’s tuition rate.
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Some even offer specific grants or scholarships for these programs.
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Scholarship Tips for Success:
We’ve got a ton of blog posts to help you make the most of these financial aid opportunities! But in order to maximize your chances of winning, here’s a summary of a few key steps to take:
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Start Early: The best scholarships and grants have deadlines months in advance. Start your search as soon as you decide to study abroad.
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Customize Your Applications: Every scholarship has a different mission. Align your essays and application materials to reflect how you meet each scholarship’s unique criteria.
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Tell Your Story: Highlight what makes you unique. Whether it’s your background, experiences, or future goals, your story is your most compelling asset.
Overcoming Common Barriers
It’s easy to feel overwhelmed by the process of applying to scholarships. Many students think they won’t qualify for scholarships or that applying is too complicated.
The truth? There’s financial aid out there for everyone! The key is persistence.
Reach out to your school’s financial aid office, or use tools like Red Kite to navigate the process with confidence.
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Red Kite: We’ll make finding scholarships easier than ever. With access to a database of over $25 BILLION in financial aid, we’ll walk you through every step of the process: from applying, to keeping track of deadlines, to accepting!
Take the Leap
Studying abroad is more than just an educational experience; it’s a transformative journey that will shape your future.
Don’t let finances hold you back! With the right scholarship(s), you can turn your dream of studying abroad into a reality.
Ready to get started? Explore scholarships and grants today with Red Kite!
Sign up today! www.myredkite.com