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Costs and Aid

The cost of study abroad can vary widely depending on location and duration. Students should note that because they are still enrolled as full-time students at UCM, FAFSA may apply for semester and academic year study abroad programs. Additionally,  most scholarships can be used for your study abroad experience as well. To view detailed costs of each specific program, please visit our program search site.

Many affordable options are available.  For some programs, the cost of studying abroad for a semester or academic year is actually less expensive than a semester or academic year at UCM. 

There are generally three main factors that influence the cost of a study abroad experience:

Program Inclusions


Generally, the more services and opportunities provided by the program or provider, the higher the cost of a program. For example, if a program includes the cost of housing, insurance, and excursions, then the program will generally be more expensive than a program that does not include the same amenities. All study abroad students should expect to budget for the following things for all programs:

  • Tuition
  • Housing
  • Insurance
  • Airfare
  • Passport/Visa needs
  • Meals
  • Travel money

Program Duration

In most cases, shorter programs are lower in cost. As the program length increases, the cost of the program will generally increase as well.


Current exchange rates and large, high-cost cities have a big impact on the cost of studying abroad. In general, larger cities are more expensive.  Countries where the local currency is much stronger than the U.S. dollar are also more expensive.

Study Abroad Grants

UCM students may be eligible to receive financial support through the Study Abroad office to fund an approved study abroad program in the form of two available grants:

International Study Grant

  • Available to any UCM student on a program approved by the Study Abroad Office
  • Academic Year 2019-2020 amounts:  $1500 for first Fall or Spring exchange program; $1000 for other Fall or Spring programs; $500 for summer programs; $350 for all faculty-led programs.
  • No application necessary
  • Students must be receiving academic credit in order to receive this grant

Honors College Grant

Honors College Study Abroad Travel Grant

  • Up to $1,000 travel reimbursement after completion of program
  • Available only to members of the Honors College
  • Intended to help offset the cost of transportation to and from the host country
  • Travel grant can only be used once
  • Students should check with their academic departments for other grant opportunities


UCM students have many avenues for study abroad scholarships. When applying for scholarships students should understand the scholarship requirements.

Study Abroad scholarships vary often based on:

  • Area of study
  • GPA
  • Location
  • Duration

UCM Scholarships 

UCM Alumni Foundation Scholarships

  • Funded by friends, family and alumni of UCM
  • Vary in criteria
  • Visit the UCM Scholarship Finder and search "Study Abroad" to see applicable scholarships and qualifications.

IIE American Passport Scholarship

External Scholarships

Benjamin A. Gilman International Scholarship

 Benjamin A. Gilman International Scholarship

  • Available only to Federal Pell Grant Recipients
  • Award amounts vary depending of length of study and student need
  • Emphasis is placed on non-traditional study and intern abroad destinations outside of Western Europe, Australia, and New Zealand
  • Visit the Gilman Scholarship Program website for more information

Boren Awards for International Study

Boren Awards for International Study

  • Provides funding for undergraduate students to study less commonly taught languages in world critical to U.S. interests
  • Students studying languages in Africa, Asia, Central and Eastern Europe, Eurasia, Latin American, and the Middle East are encouraged to apply
  • See the Boren Awards website for more information

Bridging Scholarship

Bridging Scholarship

  • Offers scholarships to American undergraduates to study in Japan
  • Available only to U.S. citizens
  • Summer study programs are not eligible
  • Visit the Bridging Scholarships website for more information

BUTEX Scholarship

BUTEX Scholarship

  • For study abroad students studying in the UK
  • Students must be placed at an eligible UK institution for a minimum of one semester
  • See the BUTEX website for more information

DAAD German Academic Exchange

DAAD German Academic Exchange

  • Supporting several types of study and research in Germany
  • Interested students should visit the DAAD website for more information

Fulbright Scholar Program

  • Provides funding for several types of study, research, and teaching abroad for postgraduate students
  • Interested students should visit the Fulbright U.S. Student Program website for more information
  • To apply, students should contact Dr. Jennifer Carson at

Phi Kappa Phi

Phi Kappa Phi

  • Students with a cumulative GPA of 3.75 or higher are eligible to apply
  • Only available for accredited study abroad programs
  • See the Phi Kappa Phi website for more information

Annette Kade Scholarship

Annette Kade Scholarship

  • For ISEP students studying German and French in France, Germany, Austria, Switzerland, and French Antilles
  • Applications are do in October for 2019 Spring or Full Semesters.  Deadline for Fall 2019 will be announced in December.
  • See the Anette Kade Scholarship Page for more information

Sabe (San Andres Building Excellence) Scholarship

Sabe (San Andrés Building Excellence) Scholarship

  • Study Abroad at the Universidad de San Andres in Buenos Ares, Argentina in Latin American studies
  • Partial and complete tuition ($8000) will be awarded based on need and merit.
  • Fall and Spring Semester Options
  • For more information on the program and scholarship. please visit their website.

Other Scholarships

Financial Aid


Students may be eligible to receive financial aid on approved UCM study abroad programs. Students must be aware of the following criteria for financial aid while abroad:

  • Students must maintain full-time enrollment while abroad
  • Failure to maintain full-time enrollment may jeopardize continued eligibility to receive financial aid
  • Full-time enrollment is defined as the equivalent to at least 12 UCM credits for fall and spring semesters

Steps for Financial Aid Consideration

Students receiving financial or who are interested in receiving financial aid for study abroad should follow these steps:

  1. Download the current version of Request to Receive Financial Aid for International Study form the UCM Student Financial Services website.
  2. Make an appointment with your study abroad advisor to discuss the costs associated with your study abroad program.
  3. Have your Request to Receive Financial Aid for International Study form signed by the study abroad coordinator.
  4. Make an appointment with Student Financial Servicesto discuss your study abroad financial aid needs.



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