Program Costs / Financial Aid

A popular myth about studying abroad is that it is financially out of reach for most students. A more realistic point of view is that if all the costs of tuition and fees, housing, meals, and personal expenses for a semester at UIC are added up, there is not as wide a gap in cost as one might expect. The average cost for Study Abroad students is about the same, including airfare and all incidental costs. Similar comparisons can be made for short term summer programs. There are also many very substantial scholarships available to Study Abroad students that are not accessible to students studying on campus. From 2009-2014, over $1.3 million in scholarship and grant funding was accessed by UIC Study Abroad students.

Scholarship Information

For specific scholarship and cost-offset information, visit our Scholarship page.

Using Financial Aid for Study Abroad

  • Once you have selected a specific study abroad program, your SAO advisor will create a budget which can then be taken to the Financial Aid Office. Students should make an appointment with the Study Abroad Office contact in Financial Aid, Hua Kao, to discuss the financial aid package possible for the term abroad.
  • Aid will be disbursed directly into the student’s account and students are responsible to use that money to pay their program provider directly. Disbursal timing is based on the student completing all the necessary Financial Aid paperwork on time.

Things to remember about the cost of studying abroad

  • Students registered by the Study Abroad Office for their term abroad are not charged UIC tuition and fees while abroad on a program in the SAO portfolio. The one exception is Campus Care domestic insurance which will continue to be charged to your account unless you have already opted out of that plan. If applicable, you will need to enroll for international insurance if your study abroad program does not already include this in their program cost. Your Study Abroad advisor can confirm this for you.
  • Students pay the costs of their specific program directly to their program sponsor.
  • On average, 40% of Study Abroad students are Pell grant eligible, i.e. among the most in need of financial support. From fall 2009 through fall 2014, UIC students have won over $390,000 in the nationally competitive Gilman International Scholarship award funding which is accessible only to Pell eligible students studying abroad.
  • Students who receive financial aid may apply that top study abroad.  UIC grants can also be applied.  In Spring 2014 the average UIC grant applied to study abroad was $4,700.
  • Costs will vary depending on the country and type of program. Program costs as posted by the program sponsor are not necessarily what you will pay. Talk to a Study Abroad advisor about built-in cost reductions for UIC students.
  • Your Study Abroad advisor will review your program specific budget with you during an advising appointment. This budget is an estimate of all costs associated with your term abroad, including tuition, room and board, travel, insurance, personal expenses, etc. This budget is also the basis for review of eligibility for financial aid.
  • There is a Study Abroad fee of $250 that will be charged to your account when the Study Abroad Office registers you for your term abroad.

 

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