Most of the financial aid (loans, grants, and scholarships) that students receive at UT can be used for study abroad. Financial aid awards are recalculated based on each student's individual need and study abroad costs. The amount and type of funds is based on each student's individual eligibility amount as determined by the Office of Student Financial Services (OSFS). Many students receive additional aid for study abroad. Summer aid is generally in the form of loans, many of which require a co-signer.
Approximately 50% of students studying abroad through UT Austin use some type of financial aid (loans, partial scholarships or grants) to fund their program. In most cases, funding does not come from one source (one comprehensive scholarship), but rather from various sources (loans, partial scholarships, grants, personal savings, etc.).
All students should complete a Free Application for Federal Student Aid (FAFSA) to apply for financial aid. It is common for students who don’t qualify for financial aid to study in Austin, to receive aid for a study abroad program. Some types of aid are available regardless of need (such as unsubsidized Stafford and PLUS loans), but the student must file a FAFSA in order to receive them.
How to Apply for Financial Aid