Making Study Abroad Affordable
At Summit Global Education, we understand that studying abroad is an investment in your education and future. While the cost of a program can feel overwhelming, there are many ways to make this opportunity accessible, whether through financial aid, scholarships, or smart budgeting.
Can I Use My Financial Aid for Summit Programs?
Many students use existing federal financial aid, university scholarships, or loans to help cover the cost of studying abroad. Here’s how to find out if this applies to you:
- Meet With Your Financial Aid Office:
- Ask if your current financial aid package can be applied to study abroad programs.
- Provide them with program cost details and accreditation information from our partner universities.
- Ask if your current financial aid package can be applied to study abroad programs.
- Check With Your Study Abroad Office:
- Some universities have funding specifically for students participating in study abroad programs, even for external providers like Summit.
- Some universities have funding specifically for students participating in study abroad programs, even for external providers like Summit.
- Explore Loan Options:
- Additional student loans, such as federal loans or private loans, can help bridge the gap for program costs and travel expenses.
Why Studying Abroad Can Be Cost-Effective
For students at private universities or those paying out-of-state tuition, studying abroad with Summit can actually cost less per credit hour than your home university. Here’s why:
- Many of our partner universities in Brazil and Europe offer high-quality, fully accredited courses at a fraction of the cost you might pay for equivalent credits at a private institution.
- When you compare the cost of tuition per credit hour at your school to the cost of a Summit program (which includes travel, accommodations, and cultural activities), you may find the value is unmatched.
Scholarship Opportunities
Summit is committed to helping students explore funding opportunities. Here’s where to start:
- University Scholarships: Many universities offer scholarships specifically for study abroad students. Check with your study abroad or financial aid office for available options.
- External Scholarships: There are numerous scholarships available for students studying abroad, including:
- Gilman Scholarship Program (for Pell Grant recipients).
- Fund for Education Abroad (FEA).
- Boren Awards (for language and cultural immersion).
- Diversity Abroad Scholarships.
- see our complete list of external scholarships
- Summit Discounts and Payment Plans:
- Occasionally, Summit offers early bird discounts or other incentives for students who apply and pay early.
- Flexible payment plans are available to help you spread out the cost of the program.
Tips for Financing Your Study Abroad
- Apply Early: Many scholarships and financial aid opportunities have deadlines well in advance of your travel date. Start the process as soon as possible.
- Budget Smart: Factor in all costs, including airfare, meals, and personal expenses, to ensure you have a clear picture of your total financial needs.
- Crowdfunding: Many students successfully fund their study abroad experience by creating a crowdfunding campaign on platforms like GoFundMe, sharing their educational goals with friends and family.
Next Steps
- Review Program Costs: Take a close look at the program cost breakdown to understand what’s included.
- Speak With Your Advisors: Meet with your financial aid and study abroad offices to discuss your options.
- Contact Summit: Our team is here to answer questions and provide documentation to help with financial aid and scholarship applications.
Contact us
- We’re here to help you make your dream of studying abroad a reality. Whether it’s through maximizing your financial aid, finding scholarships, or exploring flexible payment plans, there’s a way to make it work. Don’t let cost be a barrier—reach out today to discuss your options!
- Contact Summit
Options: Detailed guide for financial aid
1.) Use your existing financial aid
Studying abroad with Summit Global Education can be an incredible investment in your future, and your existing financial aid might help make it more affordable. While the process may vary depending on your school, here are some general guidelines to help you navigate the use of financial aid for study abroad. See our guide to using existing financial aid.
2.) External scholarships
Studying abroad is an investment in your future, and there are numerous scholarships available to help make it more affordable. Below, we’ve compiled a range of external scholarships and resources to help you find funding for your Summit Global Education program. See our guide to external scholarships.
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3.) Popular financial aid options
Referral Rewards
Campus Ambassador scholarships
4.) Internships
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5.) Needs-based scholarships
Summit Global Education is committed to making study abroad accessible for students from diverse financial backgrounds. While we can’t fully match federal or institutional aid, we offer resources and modest scholarships to help bridge the gap.
Pell Grant Scholarships
Lost Merit-Aid Assistance
Application: Scholarships are limited and available only to students who apply and complete their application process before the program's early application deadline. Awards are granted on a first-come, first-served basis, so we encourage you to apply as soon as possible to maximize your chances. |
6.) Affiliated university scholarships
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7.) Early application discounts
Save More by Planning Ahead
Students who complete their application and pay the confirmation deposit by the program's early application deadline are eligible for an exclusive discount. How It Works:
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Crowdfunding your study abroad experience:
We encourage students to explore innovative ways to fund their study abroad dreams. "Fund My Travel" is a powerful crowdfunding platform specifically designed for students raising money for international education opportunities, similar to KickStarter but tailored for studying abroad. Tips for a Successful Fundraising Campaign
To inspire generosity:
Expand Beyond Friends and Family Once you’ve gained confidence, broaden your efforts to include:
Use "Fund My Travel" not just as a tool for donations but as a central hub to organize and showcase your efforts. With the right strategy, you may be surprised by how many people are excited to help you achieve your study abroad dreams! |