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Financial Assistance for Study Abroad Brochure
Citation preview
Financial Assistance for
Study Abroad
Apply to study abroad with the Office of Inter-
national Programs.
Submit the FAFSA online.
Schedule a meeting with the Office of Finan-
cial Assistance.
Complete the Study Abroad Aid Application.
Apply for Meredith competitive scholarships.
Investigate outside scholarship opportunities.
See the back of this brochure for the full study
abroad financial aid checklist
Steps to Applying for
Financial Assistance
for Study Abroad
Financial Assistance for Study Abroad
Meredith College students have a variety of options for obtaining financial aid to
study abroad. Eligibility for assistance may vary depending upon the program, the
term the student plans to attend, and the student’s prior study abroad experiences.
In order to receive financial assistance to study abroad, students are encouraged to
file a Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov if they
have not already done so. The FAFSA is used to determine financial need for study
abroad scholarships as well as provide grant assistance and low-interest loans for
eligible terms and programs. For more information on completing the FAFSA, please
visit the Meredith financial assistance website at www.meredith.edu/
financial_assistance/current_students.
In addition to being encouraged to file a FAFSA, all students must complete the stu-
dent portion of the financial assistance for study abroad application. This applica-
tion can be downloaded through the hyperlink above or from the forms page of the
Meredith College Financial Assistance website. This application is required in order
to authorize the financial assistance office to release aid for programs abroad. Note
that this form is for authorization purposes only and does not qualify students for
additional assistance. Furthermore, Teaching Fellows, Presidential, and Legacy
scholars will need to arrange a separate meeting with the Office of Financial Assis-
tance to discuss their particular scholarship application requirements.
Students in need of assistance in addition to what is available through the FAFSA
application and federal loan programs may apply for specific study abroad scholar-
ships. The Meredith Office of International Programs facilitates a competitive schol-
arship program, and applications are available in 124 Joyner Hall or online at the
Office of International Programs website. Meredith study abroad scholarships are
highly competitive, and award amounts typically range between $500 and $1,500,
depending upon the number and quality of applicants and the expense and length of
the program. Finally, students are also encouraged to investigate outside scholar-
ship opportunities by visiting the financial assistance outside scholarship listing at
www.meredith.edu/financial_assistance/scholarships/.
Applying for Aid
Payments and Fund Transfers
Meredith Programs Students participating in their first study abroad experience through Meredith’s
semester program in Italy, Meredith’s summer programs abroad, or through any of
the College’s partnership programs will have their aid applied directly to their study
abroad program and will receive a bill only if a balance remains after the aid is ap-
plied. If a student’s aid exceeds the program’s direct charges, the student may re-
quest that the excess aid be issued in a personal check and used to fund expenses
while abroad. All excess aid checks will be issued two weeks prior to program de-
parture. *Please note: While financial aid may exceed the amount a student is being
directly charged, financial aid may not exceed a program’s total cost. If a student’s
aid exceeds the program’s total cost (tuition, room and board, supplies, transporta-
tion, and miscellaneous expenses), aid will be adjusted downward accordingly.
Frequently Asked Questions
Yes. Any student planning to use financial assistance to
travel abroad should make an appointment with the
Office of Financial Assistance. Students should bring all
information available to the meeting, including program
brochures and cost information. During the meeting, a
financial assistance counselor will discuss the aid process
in greater detail and provide a rough estimate of the
amount of aid a student may anticipate to receive.
Should I make an appointment with
the Office of Financial Assistance?
Students participating in their first study abroad experience through providers other
than Meredith (such as Butler University, CIEE, IES, etc.) will be issued financial assis-
tance funds in the form of a check two weeks prior to their program departure. The
aid check will be issued directly to the student in the amount of all semester or sum-
mer funds less any balance remaining on the student’s account. Note that students
using non-Meredith providers are subject to a processing fee from the Meredith
Office of International Programs, and this amount will be deducted automatically
from a student’s pending financial aid. Additionally, it is imperative that a student
complete each of the aid application steps in order for aid to be processed.
Since students using non-Meredith providers will not be issued a financial assistance
check until two weeks prior to their program departure, students should notify their
program that they will not be meeting the typical payment deadlines. Many provid-
ers require official payment deferral forms that must be submitted by the student in
order to avoid late fees or other penalties. Typically, Meredith will not make any
payments to the provider; instead, a check in the amount of a student’s total finan-
cial assistance (less any charges on a student’s account) will be issued directly to the
student. It is up to the student to deposit these funds into a personal bank account
and pay the provider accordingly. *Please note: While financial aid may exceed the
amount a student is being directly charged, financial aid may not exceed a pro-
gram’s total cost. If a student’s aid exceeds the program’s total cost (tuition, room
and board, supplies, transportation, and miscellaneous expenses), aid will be ad-
justed downward accordingly.
Non-Meredith Programs
Payments and Fund Transfers
Funding Advances for Pre-departure Expenses
Students who intend to utilize pending financial assistance in order to pay for pre-
departure expenses may request one aid advance. To request an aid advance, stu-
dents must complete an official Study Abroad Expense Reimbursement Form and
attach the appropriate receipts and/or official cost estimates. Requests submitted
before 5pm on Thursdays will typically be reimbursed on the following Tuesday.
Checks may be picked up in the Office of Accounting on the 1st floor of Johnson Hall.
*NOTE: If a student cancels or withdraws from a program abroad, any funding ad-
vanced must be returned to the College in full.
Because program travel dates and deadlines vary signifi-
cantly, the financial assistance timeline will differ for
each individual student. Typically, students can expect to
receive an official study abroad financial assistance
award letter four to six weeks prior to departure
(provided all paperwork has been completed by the
student). Rough estimates may be available once a stu-
dent has been accepted to a program abroad, has com-
pleted all aid applications, and has submitted official
budget information.
When will I find out exactly how much
financial assistance I will receive to
study abroad?
Can I receive financial assistance to
study abroad for more than one term or
for more than one study abroad experi-
ence?
Students who have received grant or scholarship funding
from Meredith College for a study abroad experience
may not receive institutionally-administered* funding on
a subsequent study abroad experience. This does not
apply to competitive scholarships offered through the
Office of International Programs. However, students
wishing to travel on subsequent study abroad programs
are eligible to receive federal funding as well as outside
scholarships and student and parent loans.
*Institutionally-administered funding includes but is not limited
to the State Contractual Scholarship Fund and any direct institu-
tional funds. Contact the Office of Financial Assistance for more
information.
Apply to study abroad with the Office of International Programs.
Submit the FAFSA online.
Read the Financial Assistance for Study Abroad brochure.
Schedule a meeting with the Office of Financial Assistance.
Complete the Study Abroad Aid Application.
Apply for Meredith competitive scholarships.
Investigate outside scholarship opportunities.
Apply for loans (if necessary).
Submit payment deferral paperwork (if necessary).
Sign and return the official study abroad award letter.
Pick up the study abroad aid check (if applicable).
Pay your provider (if applicable).
To ensure that the financial assistance process is as smooth as possi-
ble, students will need to complete the following steps:
Study Abroad Aid Checklist
The Office of Financial Assistance 309 Johnson Hall 3800 Hillsborough Street
Raleigh, NC 27607 Phone: (919) 760-8565 Fax: (919) 760-2373 [email protected]
More Information
For additional information on financial assistance for study abroad,
please contact the Office of Financial Assistance.