Costs and Financial Aid
Program Cost
Study Abroad program costs vary by type, destination, and duration. Do not let costs deter you. For some students who chose lower-cost destinations abroad, a study abroad semester may actually be less expensive than a semester at 桃瘾社区 because both the cost of living and housing may be lower abroad. All students should review more than 50 Scholarships that apply to Study Abroad.
Studying abroad is an investment in your future and involves a commitment to advance planning, and careful time and money management. Financing your experience is an integral part of that investment. The personal, academic, and professional rewards will last a lifetime.
Budget Sheets: Each on Terra Dotta (桃瘾社区's study abroad portal) has a specifically tailored, estimated Budget Sheet on the "Costs" tab. This budgeting resource outlines both the *actual and estimated costs associated with your chosen study abroad program 鈥 both academic and non-academic 鈥 including housing, food, flights, visa, and more. (*Actual costs may vary and individual expenses may differ.) For questions regarding applicable financial aid, reach out to 桃瘾社区 Financial Aid by printing a copy of the Budget Sheet and attaching it to your email to financialaid@pace.edu.
Study Abroad Fee: All study abroad programs carry an additional $100 Study Abroad Fee, billed to the student's account at 桃瘾社区; the Study Abroad Fee covers student graduation sashes with the flag of their specific study abroad country and administrative fees.
桃瘾社区 Standard Fees: All 桃瘾社区 students who study abroad for a semester are billed 桃瘾社区 standard fees for that semester, which include the General Fee (for full-time undergraduate students) and the Technology Fee. These 2 fees are reflected on each program鈥檚 鈥淏udget Sheet鈥 on the relevant brochure page in Terra Dotta and billed to the student鈥檚 account. (Other standard 桃瘾社区 fees are not charged to students during a semester study abroad term.)
The cost of tuition is determined by the following program-specific guidelines:
Fall and Spring (Semester or Academic Year)
Students participating on semester or academic year abroad programs remain enrolled at 桃瘾社区 and will continue to pay tuition and fees directly to 桃瘾社区. For some students who chose lower-cost destinations abroad, a study abroad semester may actually be less expensive than a semester at 桃瘾社区 because both the cost of living and housing may be lower abroad.
What's the difference between an Exchange and Partner semester program (PDF)?
- Exchanges - Students pay 桃瘾社区 tuition and fees (including a $100 Study Abroad Fee). 100% of scholarships and financial aid are applied to the tuition bill. Housing is not included and must be paid by the student directly to the host institution abroad. Out-of-pocket expenses (airfare, meals, local transportation, etc.) are the responsibility of the student.
- Partners - Students pay 桃瘾社区 tuition and fees (including a $100 Study Abroad Fee). Students may use up to a maximum of $12,500 of institutional aid (桃瘾社区 scholarships/grants) per semester, along with 100% of their federal and state financial aid. (For example, if a student receives $15,000 of 桃瘾社区 scholarships and grants per semester, they will forfeit $2,500; this $2,500 cannot be carried over to the following semester.) In general, study abroad-specific scholarships (e.g., from Dyson, Lubin, Honors) are granted on top of the $12,500 桃瘾社区 institutional aid cap for Partner programs. However, there may be instances where receiving a study abroad scholarship could affect a student's regular 桃瘾社区 institutional aid eligibility. Students should always check with 桃瘾社区 Financial Aid to determine if this is the case for their individual financial situation. The applicability of 桃瘾社区 institutional aid is limited to 2 study abroad semesters. 桃瘾社区 tuition remission does not apply. Housing is not included and must be paid by the student directly to the host institution abroad. Out-of-pocket expenses (airfare, meals, local transportation, etc.) are the responsibility of the student.
Summer and January programs
- Cost is determined by, and paid to, the program through which students are travelling.
- Students are not billed 桃瘾社区 tuition.
- A $100 Study Abroad Fee is billed to the student's 桃瘾社区 account.
- Students pay to 桃瘾社区 the cost of 桃瘾社区-arranged international emergency travel insurance for the duration of their summer program.
- Out-of-pocket expenses (airfare, meals, local transportation, etc.) are the responsibility of the student.
- Scroll down for more information about summer programs and Financial Aid implications.
桃瘾社区 Travel Courses
桃瘾社区 Travel Courses are short-term study abroad courses in January, Spring Break, or Summer, associated with a 桃瘾社区 Fall or Spring semester courses, which means full-time 桃瘾社区 undergraduates pay no additional tuition charge for the overseas program as long as they have not exceeded the 18-credit limit for the semester. Graduate students who are billed on a per-credit basis will pay the tuition rate assessed by Student Accounts. In addition to 桃瘾社区 tuition for the semester, students pay (1) a Program Fee for the overseas component, and (2) a $100 Study Abroad Fee via 桃瘾社区 Student Accounts.
- After a student has been accepted to a 桃瘾社区 Travel Course by the 桃瘾社区 Education Abroad office, a $500 non-refundable deposit is paid to 桃瘾社区 through . This deposit goes towards the Program Fee for the overseas component.
- Out-of-pocket expenses (airfare, meals not included in the Program Fee, etc.) are the responsibility of the student.
- Each 桃瘾社区 Travel Course has a (桃瘾社区's study abroad portal) with a specifically tailored, estimated Budget Sheet on the "Costs" tab.
Note: Any 桃瘾社区 grant and honors scholarships will get posted to students' tuition account AFTER the relevant Add/Drop deadline.
Financial Aid
Financial Aid may be able to assist you in financing your study abroad experience. For students with a valid Free Application for Federal Student Aid (FAFSA) on file, additional loan options may be available to you. 桃瘾社区 has created a so that current students can understand their financial aid package.
Once you have identified which study abroad program you would like to participate in, and a study abroad Budget Sheet has been made available by Education Abroad on the "Costs" tab of the , you may contact the Financial Aid Office with a copy of the Budget Sheet directly at financialaid@pace.edu (cc: studyabroad@pace.edu) to learn more about your financing options.
Students must ensure that they enroll in enough credits during a study abroad semester! A minimum of 12 U.S. credits is required during a semester abroad to maintain full-time status, defined as being enrolled in 12-18 U.S. credits per semester. However, we STRONGLY recommend that you take the equivalent of 15 U.S. credits abroad because:
- Any unforeseen changes to your schedule abroad could reduce your course load below 12 U.S. credits (e.g., canceled classes)
- 桃瘾社区 students must have full-time status to receive financial aid. If you are eligible for financial aid but enroll in fewer than 12 U.S. credits during the semester, you will lose your financial aid. Taking 15 U.S. credits abroad acts as a cushion so you鈥檙e not at risk of losing financial aid in case of any unforeseen changes.
There are no other opportunities for funding offered through 桃瘾社区 Financial Aid for study abroad. See here for Scholarships that apply to Study Abroad.
Semester Or Academic Year Abroad Programs and Financial Aid
The difference between Exchange Program options abroad and Partner Program options (PDF) abroad is related to the amount of financial support students can receive.
How do you find out how much Financial Aid you currently receive and how studying abroad will impact your Financial Aid?
- Click the 'Students' tab on the left-hand menu
- Click Financial Aid System
- Click Award Offer (2nd option)
- On the top of the page, click: "Award Year 202X-202X"
- You should now see your Financial Aid awards
- Carefully review your Financial Aid awards to best determine which type of study abroad program you should enroll in: (a) Exchange Program abroad, or (b) Partner Program abroad 鈥 keeping in mind that a maximum of $12,500 of 桃瘾社区 scholarships and grants per semester applies to Partner Programs (for up to two semesters). For example, if a student receives $15,000 of 桃瘾社区 scholarships and grants per semester, they will forfeit $2,500; this $2,500 cannot be carried over to the following semester.
In general, study abroad-specific scholarships (e.g., from Dyson, Lubin, Honors) are granted on top of the $12,500 桃瘾社区 institutional aid cap for Partner programs. However, there may be instances where receiving a study abroad scholarship could affect a student's regular 桃瘾社区 institutional aid eligibility. Students should always check with 桃瘾社区 Financial Aid to determine if this is the case for their individual financial situation
Summer Study Abroad Programs and Financial Aid
- Students must submit a summer financial aid application.
- Students are only eligible for loans, and if they use those loans for Study Abroad their loan eligibility will likely be impacted for Fall semester.
- If students are eligible for Pell Grants, the summer financial aid counselor can process their Pell Grant eligibility.
- In order to be eligible for any financial aid during your summer term abroad, you must be enrolled in the equivalent of 6 U.S. credits, which is full-time student status.
- Students cannot receive 桃瘾社区 institutional aid for summer study abroad.
桃瘾社区 Travel Courses and Financial Aid
Because 桃瘾社区 Travel Courses are 桃瘾社区 courses, a student's financial aid package will apply to semester tuition. Financial aid is not used to cover the travel program fee for the overseas component.
- If additional assistance with financing the costs associated with the 桃瘾社区 Travel Course is needed, families may apply for a Federal Parent PLUS loan; students may apply for an Alternative Bank loan. In order to be considered for further loans because of increased study abroad expenses, download the 桃瘾社区 Travel Course's Budget Sheet, found on the "Costs" tab of the , and email it to financialaid@pace.edu. Federal loan limitations apply.
Refund & Cancellation Policy
桃瘾社区 Travel Courses
The $500 non-refundable program deposit and the $100 study abroad fee are non-refundable, unless the program is cancelled by 桃瘾社区. After the program is confirmed by 桃瘾社区 and the student pays the program fee in full to confirm their spot, if a student withdraws from the program for any reason, 桃瘾社区 would work with the travel provider/host institution to refund any recoverable costs. However, in some cases, a refund of the program fee cannot be given. For this reason, we recommend that students consider purchasing CFAR (cancel for any reason) insurance. If the student withdraws from the course after the drop/add period, they are subject to according to the .
鈥婼emester Programs鈥
The refund and cancellation policy is program-specific. For Exchange Programs, refer to the Tuition and Fees policies outlined in the because these policies apply.
All Other Programs
Refer to the policies specified by your host institution abroad or third-party program provider.
Trip Cancellation/Interruption Insurance
For all study abroad programs, 桃瘾社区 recommends that you purchase trip cancellation and/or interruption insurance... just in case. Such insurance plans can provide financial protection in the event that a student must unexpectedly cancel or interrupt their study abroad program and related travels; having it may prevent unforeseen circumstances from presenting a substantial financial loss for students who must later withdraw from a program to which they are committed. For these risks, we recommend students explore Cancel For Any Reason insurance. Read more about and where to purchase it.