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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 an application now or stop by the Student Success Office in Lafferre Hall W1025 for more information.  

Dean’s Global Leadership Award

Dean Loboa recognizes the importance of intercultural and experiential learning for the professional and personal development of our Engineering students.  Engineering is a truly multicultural discipline, and through study abroad, our students encounter engineering in practice.  This award is intended to provide students with access to experiences that will increase their cultural competencies and awareness of the global challenges of contemporary engineering.

Awards will be based on academic merit, strength of students’ applications, and proven financial need.

To be eligible students must be:

  • Full-time UM System students,
  • Pursuing a major or minor within the College of Engineering,
  • Applying for or accepted to a credit-bearing College of Engineering short-term study abroad program,
  • Commit to participate in at least one post-award service project to encourage other students to participate in international education,
  • Hold a 2.5 GPA.


Global Access Award

To support the mission and values of the University of Missouri and the College of Engineering, the Dean’s Office has established the Global Access award to support students traditionally underrepresented in study abroad by providing financial support to pursue international education opportunities.  Underrepresented students can include, but are not limited to, students with disabilities, LGBTQIA+ community members, and students with underrepresented ethnic, racial, or socio-economic backgrounds.  All are encouraged to apply.

Awards will be based on academic merit, strength of students’ applications, and proven financial need.

To be eligible students must be:

  • Full-time UM System students,
  • Applying for or accepted to a credit-bearing College of Engineering short-term study abroad program,
  • Commit to participate in at least one post-award service project to encourage other students to participate in international education,
  • Hold a 2.5 GPA.


All May-Mester and Summer scholarship applications must be submitted before, December 20, 2019 at 5 p.m.


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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