Study Abroad Funding Packet A S te p-by-Ste p Guide f or Study Abroad Par ticipants
The purpose of this packet is to provide guidance on determining the cost of study abroad and funding sources, so you can choose a program that is financially feasible for you !
Determine the Total Estimated Cost (A) of the study abroad program you wish to participate. Program Type:
Review your existing Financial Aid Award to determine the Anticipated Total Financial Aid (B) you will receive during your semester abroad. To review your current award for aid year, log onto myBanner.
Program Name: Program Duration: Program Fee
E-mail Bonnie Visser at email@example.com if you need assistance with this step. Include your G-number, program type, program name, program duration, and the Estimated Cost of Study Abroad Program.
Anticipated Financial Aid
Essential Spending Money
Round trip Airfare
Books/ Educational Supplies
Estimated Cost of Study Abroad Program
Other Grants You Currently Receive
Federal Loans (see page 3 for details)
Scholarships You Currently Receive
Travel Related to Visa
Michigan Education Trust*
Employee Tuition Benefit*
Total Estimated Cost (A)
Anticipated Total Financial Aid (B)
NOTE: Personal costs other than essential spending money for basic needs are NOT part of the total estimated cost considered by financial aid. For example, weekend trips to surrounding cities and/or financial response abilities back in the U.S. Also, you will have to enter these figure into OASIS Expense Form after acceptance. Page 2
use both MET and employee tuition benefits toward the cost of their program, but these are not considered financial aid and will not appear on your financial aid award letter.
STEP 3 Determine Projected Additional Funding Required (C) Calculate the Projected Additional Funding Required (C) Total Estimated Cost (A) - Anticipated Total Financial Aid (B) = Projected Additional Funding Required (C) Total Estimated Cost (A)
Anticipated Total Financial Aid (B)
Projected Additional Funding Required (C)
NOTES Compare to on-campus costs (For comparison purposes only) The average in-state student pays the following (per semester) for tuition, room and board, transportation, books and supplies and basic miscellaneous needs: Semester
Spring/ Summer Semester
Students that receive the GI Bill should contact their VA representative for guidance.
The following are estimates of the total amount of federal loans a student is able to borrow during Fall/ Winter /Spring/ Summer:
1 - 24 credits: $2750 in federal subsidized and/or unsubsidized loan per semester
25- 54 credits: $3250 in federal subsidized and/or unsubsidized loan per semester
55-120 credits: $3750 in federal subsidized and/or unsubsidized loan per semester
Graduate students can borrow up to $ 10,250 in federal unsubsidized loan per semester
Scholarships See scholarship opportunities on the next page.
STEP 4 Use the following sheet to develop a list of possible funding sources you will have access to help pay for additional funding needed
Projected Additional Funding Required (C) $
Personal Funds Family Contribution
Personal Contribution $ $ TOTAL
Alternative Loans www.gvsu.edu/financialaid > Study Abroad > Alternative Loans
PIC Grants No grant application required. Eligible students will automatically be considered, but not all students will be awarded the grant. Generally, PIC Grants are need based as determined by your current FAFSA. The average award amount is $500. TOTAL
See our fundraising document for ideas. www.gvsu.edu/sa > Financial Information > Fundraising
If you have explored all of your funding options and you do not have the funds to cover your program costs, we encourage you to contact the Padnos International Center to find an alternative program that meets your academic, personal and financial needs. Page 4
Only faculty –led student s are eligible during Spring and Summer semester There are automatic grants for selected partnership programs. Approximately 40% of GVSU Study Abroad Participants receive the award. OSASIS applications must be submitted by the priority deadline in order to be considered for this grant.
STEP 5 Scholarships for Studying Abroad—Quick View Plan to start searching for scholarships 6 months to 1 ½ years prior to study abroad. Student are responsible for researching scholarship opportunities for study abroad. The following are examples of common scholarship competitions for study abroad. This is not an exhaustive list of scholarship opportunities. For more scholarship information, visit www.gvsu.edu/studyabroad. Click “Financial Information” GVSU Scholarships-Link to Database Nationally Competitive Scholarships Benjamin A. Gilman International Scholarship Diversity Network Summer Scholarship Fulbright Scholarships German Academic Exchange Service (DAAD) Fund of Education Abroad Rainbow Scholarship NSEO David L. Boren Undergrad Scholarship Phi Kappa Phi Study Abroad Grant Freeman– ASIA Scholarship TOTAL
$ $ $ $ $ $ $ $ $
Most scholarships require 6 months to 1 ½ years of planning in advance. Student applying for nationally competitive scholarships are encouraged to schedule an appointment with the Meijer Office of Fellowships for guidance. (http://www.gvsu.edu/fellowships/ )
Seidman Business Study Abroad BDO USA International Accounting International Relations Scholarship GVSU Peace and Justice Activist Student Legacy Scholarship Hugo Salazar Memorial Scholarship John Cabot Secchia Scholarship Johnson Leadership Scholarship Mini Grant for Latin American Studies TOTAL
$ $ $ $ $ $ $ $ $ $
PIC Scholarships Barbara H. Padnos Scholarship Mark A. Murray Scholarship PIC Photography Scholarship Crawley Japanese Studies Scholarship TOTAL
$ $ $ $ $
Local Scholarships The West Michigan World Trade Association of Grand Rapids Alliance Françoise de Grand Rapids Scholarship The Umbra– Perugia Sister City Scholarship The Economic Club of Grand Rapids Grand Rapids Community Foundation TOTAL
$ $ $ $ $ $
GVSU Partnership Grants. Students accepted to a GVSU partnership program will be automatically considered for these grants. Review all the GVSU partnership grants you may be eligible for 2013-2014. If you receive the partnership grants, you are not eligible for the PIC grants. Host University
Number of Grants Available per Year
Eligibility Criteria 1. Applicants must meet the minimum eligibility criteria for participation in the program for which they are applying.
Cracow university of Economics
ESSCA (Either France or Hungary)
2. Students must be accepted by PIC for study abroad.
International Christian University
Ritsumeikan Asia Pacific University
Japan Center for MI Universities
Middle East Technical University
National Taiwan Normal University
3. There are a designated number of grants for each program. If there are more applicants than grants available, decisions on awards will be made by the PIC Grant Review Committee. This committee will consider the strength of a student’s study abroad application, the cost of the study abroad program and the student’s financial need when making determinations on which students will receive the award.
Universidad de las Americas
Universite Catholique de l’Ouest
University of Cape Coast
University of Oslo
University of the West Indies $500 2 *Grants are subject to change each year and are for semester or year applicants only. Spring/Summer programs are not eligible. Page 6
4. Students who apply by the priority deadline will automatically be considered for the Partnership Grant. Any student who completes an application for study abroad after the priority deadline may not receive the Partnership Grant. After the priority deadline, awards will be subject to available funding. 5. Students who are awarded other PIC funding (i.e. Murray Scholarship, Padnos Scholarship, or STAIR grant) may not be awarded a Partnership Grant.
Review all the scholarships you may be eligible for. Keep in mind, there may be more scholarships available than those identified in this packet. Plan to start searching for scholarships 12-18 months prior to study abroad. Student are solely responsible for researching scholarship opportunities. For more scholarship information, visit www.gvsu.edu/studyabroad > Financial Information > Scholarships and Grants
P I C S c h o l a r sh i p s Barbara H. Padnos Scholarship The Barbara H. Padnos International Scholars program provides scholarships for yearlong study abroad programs. The average scholarship ranges from $5,000$15,000. Students are expected to engage in serious study for an extended period of time (minimum 9 months) in an approved study abroad program. Preference for the largest award will be given to qualified applicants who plan to be abroad longer than 10 months.
Mark A. Murray Scholarship Established in 2006, The Mark A. & Elizabeth C. Murray Scholarship for Study Abroad is intended to support students who wish to study outside of the United States but without this fund would otherwise not be able to afford to do so. Participate must be in an approved for-credit Study Abroad program that involves overseas study or interning for no fewer than 8 weeks.
Padnos International Center Photography Scholarship Two awards of $1,000 will be granted to students majoring in Communications at Grand Valley. Preference will be given to students majoring in Photography and Film and Video Production. Applications will be accepted until February 15 each year for programs that begin within the subsequent 12 months. Students will be expected to submit images and film footage to PIC upon their return. A committee, comprised of Padnos International Center staff and School of Communications faculty will select the awardees each year based on their application, portfolio, and study abroad destination.
The William & Amy Crawley Japanese Studies Scholarship Fund Award amount may vary each year, depending on the number & quality of applications. Award will be $1,000 per student, and based on specific financial need as determined by Financial Aid and overall cost of program. Scholarships are not renewable. Applications will be accepted until a February/March deadline each year for programs that begin within the subsequent 12 months. A Committee made up of representatives from the staff of the Padnos International Center, Financial Aid, and a faculty member from Japanese Studies will select the awardees each year, and will base their final decision on interviews with finalists. Page 7
G V S U S c h o la r s h ip s BDO USA International Accounting Scholarship BDO USA views the study abroad experience as a valuable tool for students to prepare themselves for an increasingly international business environment. We look for students who express a desire to broaden their perspective of other cultures and how organizations within those cultures function.
Hugo Salazar Memorial Scholarship To provide encouragement and financial assistance to Spanish majors who have a desire to promote cultural understanding among Spanish speaking populations. Ideal candidates would be students who plan to study abroad and have engaged in service learning projects or activities that increase intercultural awareness of Spanish speaking countries.
GVSU Peace and Justice Award Activist Scholarship The peace and justice Activist Scholarship award is made to a GVSU student based upon personal, academic, and financial considerations. Any undergraduate student actively pursuing a GVSU degree may apply for the scholarship. In making application, the student is to submit a 4-5 page personal essay and a transcript of college-level academic work.
International Relations Scholarships for Study Abroad A maximum of four grants of $500 each will be awarded to International Relations majors who plan to study abroad in the Spring/Summer 2010, Fall 2010, or 2010-11 academic year. Grants may be applied to internships abroad as well, as long as the student is registered for IR 490, the internship course. Students can apply these funds to GVSU or external programs. A minimum GPA of 3.0 is required to be eligible. Grant decisions will be made by the International Relations Advisory Committee. Financial need will be a factor in the Committeeâ€™s decisions. Students are required to submit a report of their activities upon return from study/internship abroad.
Johnson Leadership Scholarship The purpose of the Johnson Leadership Scholarship is to provide financial support for students interested in traveling abroad to advance their leadership skills in any career or area of interest. The scholarship will encourage students who are committed to lifelong learning, developing a global perspective and making a difference. By encouraging study abroad, they hope that students will aspire to what is called `Arete, Greek word meaning to live up to one' full potential and greatest effectiveness. Page 8
Mini-Grants for Latin American Studies Students The Latin American Studies Gift Fund exists to support the scholarly and professional development of students minoring in Latin American Studies. Students in good academic standing and a faculty reference may apply for mini-grants (up to $500) to support academic conference attendance or participation, study abroad, internships, and major research projects, or student-faculty collaborative research projects.
Secchia Scholars Program - John Cabot University The Secchia Family Foundation's Secchia Scholars program awards partial tuition scholarships each year to qualifying students. The five types of Secchia Scholarships are available for degree-seeking, visiting and study abroad students applying to JCU. Secchia Scholarships are awarded for one semester or one year. (Semester recipients may reapply for a second semester award.)
Seidman Business Study Abroad Scholarship The purpose of this scholarship is to provide support to undergraduate and graduate students of business who enhance their university studies by studying in a foreign country. Awards are based on program costs and financial need.
Student Legacy Scholarship In 2007 GVSU student leaders decided to demonstrate their leadership in helping out fellow students with the rising cost of college tuition. Together the student leadership decided that it would be fitting to establish a scholarship and leave a lasting legacy by initiating a scholarship. They believed it demonstrated their continued commitment to affordable learning by investing in their peers.
Want more scholarship potions? 1. Enter â€œstudy abroadâ€? in the keyword search box in the Fellowships Finder under the Award Opportunities tab www.gvsu.edu/fellowships . 2. Perform a Google! search. 3. Check if any grants or scholarships are offered through your specific study abroad program. Page 9
L o c a l S ch o l a r s h i p The West Michigan World Trade Association of Grand Rapids The West Michigan World Trade Association is a non-profit organization dedicated to maintaining West Michigan’s competitive edge in the global marketplace. As part of this commitment, the organization wishes to encourage students to expand their academic knowledge by offering them scholarships for qualified study abroad programs.
Alliance Françoise de Grand Rapids Scholarship The Grand Rapids Alliance Françoise seeks to support the study of the French language and culture through its scholarship program. A $1200scholarship will be awarded this year to an individual who has shown an interest and proficiency in the French language and culture.
The Umbra-Perugia Sister City Scholarship The purpose of this scholarship is to further strengthen the close and friendly relations between the Umbra Institute, the City of Perugia and her Sister Cities in the United States by making studying abroad in Perugia more affordable for college and university students who are residents of Grand Rapids, Michigan or Seattle, Washington.
Economic Club Business Study Abroad Scholarship Business study abroad scholarship grant awards of up to $2,500 are available for two students pursuing a business degree. Foreign study program must be endorsed and accepted as part of or as a credit course in the applicants degree.
Grand Rapids Community Foundation Grand Rapids Community Foundation awards hundreds of scholarships annually primarily to Kent County students bound for or in college, or those pursuing a technical career. Scholarships aimed at undergraduate students may be used for study abroad as long as it is part of the undergraduate program and is paid to a college located within the US.
N a t i o n a l l y C o m p e t i t ive S c h o l ar s h i p Acumen Fund East Africa Fellows Program American Council of Learned Societies Grant American-Scandinavian Foundation Awards for Americans Benjamin A. Gilman International Scholarship Program
Things to remember about Nationally Competitive Scholarships:
Bridging Scholarship (Japan) Boren Scholarship for International Study Critical Language Scholarship Diversity Network Summer Scholarship Foundation for Global Scholars Fulbright English Teaching/Study/Research Scholarships Fulbright mtvU Award Freeman-ASIA Scholarship Fund for Education Abroad Rainbow Scholarship Fulbright-Commission UK Summer Institutes for US Undergraduates
1. Check with the Frederik Meijer Office of Fellowships regarding campus deadlines and processes. 2. The list below is a sample of the nationally competitive award opportunities available for students for study abroad and is non-exhaustive. The following search engine can be used to search for additional opportunities:http:// www.gvsu.edu/fellowships/fellowship_awards.htm 3. Meet with a fellowships advisor. The Frederik Meijer Office of Fellowships is located in 120 Niemeyer Hall in the Honors College Faculty Suite in Allendale. To schedule an appointment to discuss opportunities and the application process, call 616)331-3219 or attend walk-in advising hours.
The Fund for Education Abroad Scholarship George J. Mitchell Scholarship (Ireland) German Academic Exchange Service (DAAD) Scholarships Gates Cambridge Scholarship (England) Gates Cambridge Scholarship (England) Humanity in Action Summer Fellowship Hispanic Association of Colleges and Universities Study Abroad Scholarships NSEP David L. Boren Graduate Fellowship NSEP David L. Boren Undergraduate Scholarship Phi Kappa Phi Study Abroad Grant Rotary Global Grants STA Travel Scholarship Study in Japan Scholarships