Skip to main content

Socio-Economic Status

Socio-Economic Class

Depending on where you are studying abroad, you may find that your socio-economic status may change considerably. This is due in part to how the host community perceives you relative to the standard status in their community and how you view yourself in comparison to this standard. For example, many students who are considered low to middle class in the U.S., go abroad only to discover that they assume an elite status by the host community’s standard with their ability to afford luxuries like the cost of a study abroad program, plane tickets, and cost of tuition at a U.S. university. Many you meet may not understand the financial hardships that you experienced or struggle you encountered to finance your study abroad experience. Therefore, it is important to be aware of your status here in the U.S. as well as in the country where you are planning to study abroad so that you can address these type of assumptions or misconceptions.

On-Campus Resources

Additional Resources

  • NAFSA

    Everything you need to know about financing your study abroad experience.

  • NAFSA - Grants

    Scholarships and grants for underrepresented student populations.

  • Olivia Chambliss

    Olivia Chambliss

    “It is of the utmost importance that students carefully budget for food, entertainment, and transportation.  A realistic, honest budget is the best way to prevent future monetary emergencies."

  • Marie McNamara

    Bronco Perspective

    Marie McNamara

    “Planning is key.  There are a lot of opportunities to save money and there are many scholarships available.”

  • Yuliana Mendoza

    Bronco Perspective

    Yuliana Mendoza

    “There is no telling what the exchange rate will be like when you study abroad”

  • Yuliana Mendoza

    Bronco Perspective

    Yuliana Mendoza

    “Class definitely played a role while studying abroad.  One way that it was apparent was that some students had the extra money to go out to restaurants and travel a lot whereas other students did not.”

  • Jason Nguyen

    Bronco Perspective

    Jason Nguyen

    “I come from a very poor family in the U.S., so it shocked me when I was regarded as being in a position of privilege.”