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.
Financial Aid Office
SCU Study Abroad
For resources on scholarships and grants
Everything you need to know about financing your study abroad experience.
NAFSA - Grants
Scholarships and grants for underrepresented student populations.
Institute of International Education
Gilman Scholarships for students with limited financial means who want to pursue a career-oriented internship abroad.
Country-specific study abroad scholarships.
“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."
“Planning is key. There are a lot of opportunities to save money and there are many scholarships available.”
“There is no telling what the exchange rate will be like when you study abroad”
“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.”
“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.”