Financial Aid

You can apply your financial aid award towards any approved student abroad program. Award packages are adjusted to reflect the costs of the program, so students can go anywhere and be fully covered for the costs.

Loans for Study Abroad

Study Abroad is an investment in your future. Many students have to take out loans to go to school in Austin, and similarly, many students choose to take out loans to support a semester or summer abroad. Students are encouraged to discuss loan options with their Study Abroad Program Coordinator.

Learn more about the 6 loan types

Disbursement Timeline

Scholarships: Study Abroad scholarships offered by UT departments are generally released to the student immediately after the award notification via email. The one exception is Maymester scholarships which are generally awarded in December but not disbursed until late January. Students should contact the scholarship administrator if they have questions about the scholarship payment timeline.

Loans & Grants: Funds from the State of Texas and the US Federal Government are disbursed to the student based on federal regulations. The charts below will assist you in knowing when you can expect to receive these funds.

Start Date

May- July (SS1)

Disbursement Date

Early June, but not before June 2 typically

Note

If your program leaves in May, you will not have your funds before your departure.


Start Date

Mid-July - August (SS2)

Disbursement Date

Mid-July, but not before July 4, typically

Note

If you are enrolled in a second summer session program and going to country early you will not have your funds before departure.

Start Date

July - August

Disbursement Timeline

late August, approximately UT first class day

Notes

If you are departing in June, July or August you should plan on not receiving your financial aid until late August.


Start Date

September - October

Disbursement Date

10 days before your start date in country

Notes

n/a

Start Date

January

Disbursement Date

10 days before your start date in country

Notes

If you leave in very early January, you should plan on not receiving your financial aid until the third week of January.


Start Date

February - April

Disbursement Date

10 days before your start date in country

Notes

n/a

Start Date

May

Disbursement Date

Two Disbursements

Notes

Funds for Austin will be distributed like normal in January; supplemental funds for Maymester will be disbursed the second week of February.


Start Date

February - April

Disbursement Date

10 days before your start date in country

Notes

n/a

Affiliated Programs Aid Alert

Student participating in Affiliated Studies programs will not be able to receive their Texas Grant, UT Tuition Grant, Be-On-Time Loan or Top 10% Scholarship while abroad. All of these funds require a student to maintain enrollment in a tuition based registration category. Students in Affiliated Studies do not pay UT Tuition, they pay a $600 administrative fee to maintain enrollment. Students in faculty-led programs that are part UT tuition and part Affiliated Studies may be able to receive pro-rated amounts of these aid programs.

Financial Aid Pre-Departure Sessions for Admitted Students

Pre-departure orientation series includes financial aid presentations.

Exchange and Affiliate Presentation for Spring 2018

 

Other Important Links and Resources

UT Office of Financial Aid

FAFSA