Creative Funding
First, figure out how much you'll need for your study abroad experience and how much you and/or your family can contribute. Next, write a detailed proposal with your goals, courses you plan to take, and how the experience will serve you in the future, both academically and professionally. Be prepared to present your proposal either orally or in written form.
Check into the following fundraising methods to offset your costs:
- Ask to use frequent flyer mileage from family and friends. Contact community groups who may help with fundraising or frequent flyer mileage in return for reports/updates when you return (e.g. Lions, Kiwanis, Rotary, religious organizations, etc.).
- Look into corporate scholarships for dependents (inquire where your parents work).
- Contact local businesses related to your field of study or that have an interest in the country you want to study in.
- Contact individuals who are sympathetic to your goals (e.g., people who are first-generation college grads, have the same ethnic background, have similar academic areas of specialization or career goals, or friends and family).
- Contact alumni of the program you are interested in.
- Ask for matching funds from friends, family, or other interested parties (i.e., if you have $5,000, ask for $1,000 from five people, or $500 from 10 people).
- Start a FundMyTravel travel campaign to raise funds online.
- If you have a special talent (e.g., in music, dance, theater, or art), put on a performance or exhibit and charge admission, with all proceeds going toward your study abroad experience.
Financing Information
Visit the Travel Resources web page to review informational links in the Financing section.