Additional Funding Sources

The expense of studying abroad can see overwhelming at times. Over the years, however, Covenant students of varying financial means have been able to study abroad in a cost-­effective manner.

Choosing a program

While financial concerns are not the primary reason to choose a program, it may be helpful to look at the range of options you have, given your major, your graduation timeline, and your interests. Simply put, some locations cost less than others. Paris is a more expensive city than Chiang Mai. In addition, some programs include more travel, experiences, everyday costs in the overall cost, while others anticipate a much higher personal budget.

Self-­funded and fundraising

Students work a second job over the summer, or pick up a part­-time job for a semester to help with expected expenses. Others take a look at how they are spending money at Covenant and cut back on non-­essential spending in order to save up for their semester abroad. Some students do fund­raising. While those friends or relatives who give toward your educational expenses cannot receive a tax deduction, students have been successful in using websites like gofundme.com or writing letters or simply asking for funds instead of Christmas or birthday gifts.

Scholarships

Plan ahead!
Some programs offer scholarships, both merit and need based. Travel grants are occasionally offered as well with early applications. These typically are limited and must be applied for early.

Students who receive the federal Pell grant are eligible to apply for the Gilman Scholarship. Several Covenant students over the past few years have successfully applied for this scholarship which allowed them to study abroad. Deadlines: for Spring Semester, and early summer applications, the first week of October. For Fall Semester and regular summer applications, the first week of March. From the Gilman website:

The Gilman Scholarship Program broadens the student population that studies and interns abroad by supporting undergraduates who might not otherwise participate due to financial constraints. The program aims to encourage students to choose non­traditional study and intern destinations, especially those outside of Western Europe, Australia and New Zealand.

 

Additional Scholarship databases and websites include:
Institute of International Education
Scholarships.com
International Scholarships
Go Abroad Scholarship Database
Study Abroad Scholarships

Please note: You should never PAY a site, a company, or a program to find scholarships or funding for you.