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Financial-Aid Information

 

Your financial aid will travel with you for any approved exchange or study abroad program! In order to access financial aid for semester or year-long study abroad, you need to do the following:

1) go through International Programs to select a program or exchange which can be approved
for at least 12 transfer credits (9 credits for graduate students);

2) have the Study Abroad Advisor prepare a budget for your program which takes into account
the following expenses: tuition, room and board, airfare, passport and visa, books, study abroad
fee ($175-$250), and other charges related to education;

3) take the budget to the Financial Aid Office to meet with a counselor regarding re-assessment of your
financial aid package.

Other than the budget, there is no special application for financial aid for study abroad. You simply need to make sure that you have all regular application materials and other documentation on file in the Financial Aid Office.

Financial aid can also be used for summer programs. Financial aid for the summer is taken out of what is “left over” from the previous year’s package. In order to receive aid during the summer, undergraduates must take at least 6 credit hours. Many summer programs offer 6 credits. However, a student who takes a 3 credit course abroad must also enroll in a 3 credit course during another summer session to be eligible for aid. Graduate students need to be enrolled for 3 credits during the summer to be considered for aid.

Deadlines, etc...

Budgets for Fall programs will be reviewed beginning April 15.
Budgets for Spring programs will be reviewed beginning September 15.
Budgets for Summer programs will be reviewed beginning March 1.
(Students can often determine whether they are eligible for summer aid prior to this date.)

The following types of aid are awarded by the Financial Aid Office:

Pell Grant - undergraduates
Supplemental Educational Opportunity Grant - undergraduates
Perkins Loan - undergraduates, graduates
Direct Stafford Loan - undergraduates, graduates
Direct Parent Loan for Undergraduate Students (PLUS) - undergraduates

Students who receive any kind of scholarship or who plan to use VA benefits while studying abroad must notify both the International Programs and the Financial Aid Office.

Each student should check with the Financial Aid Office to verify anticipated disbursement dates. In most cases, some or all of the financial aid award can be released prior to departure. Financial aid will be credited to the students’ account and applied to program charges. If funds in excess of what is due are received, a refund check will be issued to the student.

Students who wish to apply for financial aid for the academic year following study abroad may be required to apply from overseas. Many Spring participants should be able to file before they leave the country, but all full-year participants must file by mail from abroad after 1 January.

Financial Aid Counselor : Mary Sue Hatchel (587-7037)


UTM Grants & Scholarships


Travel Grants: The Office of Study Abroad offers $500-$1000 travel grants which are linked to
specific exchange programs. Please contact Stan Sieber for currently available destinations.


Outside Scholarships

In addition to institutional financial aid, there are some outside scholarship opportunities for study abroad. A few which may be of interest to UTM students include the following:

Bowman Travel Grants: This award is available for any student participating in a Council program
to Central or South America, the Caribbean, Asia, or Africa. For more information on Council programs,
please visit the Office of Study Abroad.

Robert B. Bailey III Minority Student Scholarships: Also administered by Council, this award is
available for minority students participating in a Council program in any region of the world.

Association of Teachers of Japanese Bridging Scholarships: This award is available for students
majoring in any field who are studying for a semester or a year in Japan, and would be particularly
appropriate for Old Dominion students participating in the exchange program to Kansai Gaidai.
The scholarship consists of a round-trip ticket to Japan and a monthly stipend of approximately $330.

Rotary Foundation Ambassadorial Scholarships: Available to upper-level students who are directly
enrolling in a foreign university for one year of study. Dr. Paul Crapo is the on-campus advisor.

National Security Education Program (NSEP): Scholarship money is available to students studying
abroad in areas which pertain to national security interests.

Fulbright Fellowships for graduating seniors and graduate students support study and research
in many fields of study in most regions of the world. Campus deadline for 2005 - 2006 is October 5, 2004.
For more information consult the Fulbright website at http://www.iie.org/fulbright for up-to-date information.

Benjamin A. Gilman International Scholarship Program is a new federal government program providing
scholarships for U.S. undergraduate students receiving federal financial aid for university study. The Gilman
Awards will provide up to $5,000 for U.S. citizens and U.S. nationals who are undergraduate students to
pursue overseas study abroad opportunities worldwide. See their website for details and application procedures
http://www.iie.org/gilman.