Budgeting and Aid
Education Abroad Cost and Budget
It is important to understand and estimate the full cost of your education abroad program. There are education abroad experiences to fit every student's budget.
(Photo by Amol Tyagi on Unsplash)
Three key factors that will affect your cost:
- Destination - Where you go affects how much it will cost, such as some countries have a higher cost of living and some destinations might have a higher airfare. You may use the Department of State's Foreign Pier Diem Rate as a reference.
- Provider - The program fees vary across providers. Please check various providers for their programs and pay close attention on what is included in their program fees.
- Travel Date - The time you go will affect how much it costs. Summers are generally cheaper than Semesters. But there is no financial aid associated with summer sessions.
General Costs of Education Abroad Programs
Semeser-long education abroad programs via providers can cost anywhere from $13,000 to the low $20,000. The majority of programs will cost between $16,000-$18,000 per semester.
Planning Your Budget
You need to calculate the estimated expenses of your education abroad programs, including the following items:
Program Fee
You will find the program fee on the providers's webpages, OGE webpages (for Faculty-led Programs), or host institutions webpage (for Exchagne Program and Petition Programs).
Stockton Education Abroad Fee
Provider's Application Fee/Deposit
International Airfare
Housing
Meals
Passport Application
Visa Cost
Health Insurance and Immunizations
Books and Supplies
International Phone or Phone Plan
Local Travel
Additional Expenses
This include personal needs, laundry, cultural activities, emergency fund, etc.
You can check the Cost of Living of your destination here.
You need to calculate the estimated funding you might receive or contribute to your education abroad programs, including the following items:
Estimated Financial Aid
You can use financial aid for your education abroad programs, including Federal Aid, private loans, grants. *Please contact the Office of Financial Aid to discuss various options of financial aid.
Stockton University Education Abroad Scholarships
Stockton Foundation Scholarship on Education Abroad
Other Education Abroad Scholarships
With an estimated expenses and an estimated funding, you will be able to calculate an estimated cost of your education abroad program.
You may use this OGE Education Abroad Budget Worksheet to calcuate your overll cost. This Budget Worksheet gives you a detailed breakdown of your education abroad program. Please bring it with you to discuss with Office of Global Engagement.
To make this appointment, email us today!
Keep In Mind
Another way to see the cost of your education abroad program is that Stockton does not collect money from you during your abroad, and all of these money are spent on your education abroad programs.
Example: If it costs you $14,000 for a semester at Stockton for tuition, fees and room & board, and if your education abroad program estimated full cost is $17,000!
Abroad Estimate: $17,000*
Campus Estimate: $14,000*
Estimate Extra Cost: $3,000*
*This is an example. Please meet with Office of Global Engagement for a more accurate cost calculation for your program.