Budgeting for Study Abroad

 

FINANCIAL AID

 

Budgeting for study abroad takes time and research. However, you can avoid unpleasant surprises if you plan carefully. To get started:


1. How much does a semester or year at Marquette cost?

This will be your baseline for comparison. Be as specific as possible about your expenses. Be sure to include the following:


2. How much would a semester or year abroad cost?

Be as specific as possible. If in doubt, use generous estimates. It is better to budget too much money than to find yourself in a foreign country short of funds. Be sure to include the following:

Pre-trip expenses (estimate $250):

Other expenses

Note: Use caution when comparing the bottom lines of different programs. Some programs include items such as room and board, insurance, etc., and others don't. Also, even if your financial aid is not fully transferable, your actual cost to study abroad will not necessarily be higher than the actual cost of studying at Marquette for that semester. Also keep in mind that your actual cost will depend on the exchange rate at the time you study abroad.

3. How much money do you have available?

When estimating the cost of your study abroad experience, be sure to include all available funding sources, including:

Note: It is unadvisable to count on working abroad to earn money. Even internships tend to be unpaid. Many countries do not permit foreign students to work, and those that do require work permits. We recommend that you do not rely on overseas employment income when budgeting.

 


SITE MENU

Office of International Education

OIE works to promote the internationalization of Marquette University by recruiting and advising international students and scholars, developing vibrant partnerships with international institutions and providing innovative study abroad opportunities.
Office of International Education