It has been a while...but I figure I should answer one of the questions that I get a lot about my three semesters abroad. How did you afford to study abroad so much? Unless you are wealthy or your parents are willing to pay the bill there are really only three options.
1. Scholarships
2. Saving up
3. Debt
I had a combination of all three. I was lucky enough to have gone to a college that applied all financial aid towards one semester abroad. If you know in high school that you want to go abroad then choose a university/college that will apply all financial aid abroad. Another point to consider is choosing a program that your university is attached to, it is possible to enroll in a program not supported by your home institution through a consortium, but be warned in most cases institutional aid is not available for these programs.
I did have to take out student loans in order to finance my three semesters abroad. Hands down the best student loan lender is CHASE this goes for any type of student loan. They have low interest rates and they are efficient (unlike some lenders that I won't mention). The catch is that they are not partners with all universities and you have to have a student loan with them already or have a chase bank account in order to be considered.
Federal aid applies to any program as long as it is through an American institution.
Hope this helps!
-JJ
Tuesday, July 31, 2012
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