Students studying abroad generally have three types of expenses:
1. Fees payable to UT
Application fee $50. Payable via What I Owe within 10 days of starting an application.
Program fee $3000-$6000 (Varies by location/program)
a. $300 non-refundable deposit due January 17
b. Students start financial responsibilities for the program starting March 1
c. Program balance due May 1
UT Tuition - Refer to the UT tuition schedule
See Study Abroad Billing for more information. For how to pay UT tuition and confirm your attendance, see the OSFS video.
2. Pre-departure expenses (e.g. airfare, passport and VISA)
3. On-site expenses (e.g. food, local transport)
Summer faculty-led estimated expenses: Argentina (Geography, Language and Culture) Botswana (Climate Change), Brazil (Language and Culture), Costa Rica (Global Health) Guatemala (Education), India (Embedded Systems), Italy (Learning Tuscany), Nicaragua (Politics and Culture), South Africa (International Nutrition), Spain (Santander), Spain (Evolution in Seville)
Financial Responsibility Policy
Because The University of Texas is making financial commitments prior to the program, accepted students are held to the financial responsibility policy.
Faculty-led program participants secure funding from a variety of sources. Examples of scholarships awarded to summer faculty-led participants are below. More scholarships can be found in the Funding section.
SA Summer Faculty-led Scholarship. For undergraduate students participating in summer faculty-led programs administered by the Study Abroad Office. Approximately 25 awards of $2000. Financial need is required and preference will be given to students who can demonstrate degree applicability. Deadline December 1; scholarships will be announced in late December 2013. Apply via GLOBAL ASSIST. Application requires two essays.
College of Liberal Arts Awards: Scholarships available for the following programs - Geography, Language and Culture in Argentina; Climate Change, Ecosystems and Human Dynamics in Botswana; Language and Culture in Salvador da Bahia, Brazil; Afro-Caribbean Politics and Culture in Nicaragua; Language and Culture in Santander, Spain. Number of awards vary and range from approximately $500-$2000. Deadline December 1. Apply via GLOBAL ASSIST. Application requires one essay and financial need.
International Education Fee Scholarship. Open to any UT Austin student studying abroad. Summer deadline: February 8. Apply via GLOBAL ASSIST.
Diversity Abroad. For economically disadvantaged, first generation students, students with disabilities and ethnic and racially diverse students. Five awards of $500. Deadline March 1 Apply via http://www.diversityabroad.com/scholarships/diversity-abroad
Using Financial Aid
Aid-eligible students may use financial aid to cover the costs of a UT summer faculty-led program. Summer awards are usually in the form of loans many of which require a co-signer. OSFS typically sends Electronic Financial Aid Notifications (E-FAN) in late May and financial aid is not likely to release until after your program begins. Tuition and program fees can be deferred until your aid is released, but students should not expect financial aid funds to release before incurring some expenses such as a plane ticket, passport and spending money upon arrival.
Deferring the Program Balance to Financial Aid
The program balance (excluding the $300 non-refundable deposit) may be deferred to financial aid. See: https://utdirect.utexas.edu/io/bus/bill/student_deferral.WBX. Deferring the program balance does not remove the charge from What I Owe. It changes the balance due date to when aid is released. If there is a difference between what financial aid will cover and what the student owes, the students should pay the difference by May 1.
Depending on the date of withdrawal, students may be held financially responsible for some or all of program fee. Please refer to the program’s financial responsibility policy. Please note that students are also responsible for dropping their classes in accordance with UT registration procedures. Students may withdrawal by e-mailing the program coordinator or at: https://utdirect.utexas.edu/io/bus/bill/student_withdrawal.WBX (not available for all programs).