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Financing Your Program

Study Abroad Financing

How Billing Works

Since this course is registered through MyZou, it is treated just like any other 3-credit course at the university.  Bills typically show up on accounts the 20th of each month and are due the 15th of the following month.  Students still have the two options for payments: pay the balance in full or make minimum payments until completed.

Scholarships and financial aid will also show on your account in the same way as other classes.  If you have scholarships through the College of Engineering Study Abroad Programs, those credits will typically show on your account 1 – 3 months before departure, once your registration is completed.  Other scholarships and financial aid may vary.

It is recommended that all students meet with their Financial Aid Advisor to go over the costs of the program and their plans to pay.  In order for financial aid and some scholarships to be made available for study abroad programs, you are required to meet before departure with your Financial Aid Advisor and go over your financial planning spreadsheet.  (These spreadsheets are provided to you from the College of Engineering Study Abroad Office.)

Scholarships

Our College of Engineering is committed to your training and development as a global leader in engineering. Read about some of the study abroad scholarship opportunities that you can apply for below and are applicable to College of Engineering-sponsored study abroad programs. Submit your application now or stop by the Student Success Office in Lafferre Hall W1025 for more information.  

 Scholarship applications open until Friday, December 20, 2019 at 5 pm.

Tips and Tricks to Finance Your Program

There are a number of ways that students use to finance their study abroad dreams.  The most important thing all students can do when considering programs abroad is to PLAN AHEAD; however, here are some of the other recommended methods:

  • Consider your program options. Some program locations will be more costly or cheaper than others.  If you are flexible, this could already reduce your costs substantially.
  • Make an appointment with your financial aid advisor to discuss any available federal, state, or institutional aid that may be available, including any loans or grants.
  • Apply for departmental, college, and/or national scholarships. Engineering students have received scholarships for our programs not just through the College of Engineering, but also other university-sponsored scholarships. Many of providers that we arrange programs through also have scholarships that students can apply to if they register early!
  • Think outside the box when it comes to financing – create a GoFundMe account or fundraise using your talents! Many students are surprised at how many family members, friends, former teachers, or community members will donate to their dreams.
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