Study Abroad--Money
Matters
Students on financial aid at
Amherst may apply
their aid to study abroad with the following
provisions:
1. You must be studying for full
credit with a program approved by Amherst. You must take a 'full load' of courses, whatever is done by full-time students on the overseas campus or by students on the home campus of the program sponsor. This can mean 2, 3, 4, or 5 courses, in order to earn 4 Amherst course credits
2. You will be eligible
to receive a full semester's worth of financial
aid (not to exceed the cost of Amherst College
)
3. Starting in academic year 2008-2009, Amherst College will replace initially packaged student loans with grant assistance beginning in 2008-2009 and includes study abroad on approved programs. If studying abroad is less expensive than studying
at Amherst , the amount of aid you receive while
away will be adjusted to reflect the decreased
cost of your semester or year abroad.
4. Your parents are expected to make the same
contribution toward study abroad as they would
otherwise toward Amherst College costs.
5. You are expected to make the same contribution
from summer earnings toward study abroad as you
would toward Amherst costs.
6. If the cost of study abroad is less than
the cost of Amherst , you may not be expected
to contribute campus earnings, depending on the
cost of your program.
7. A few programs offer need- or merit-based scholarships. You should seek information from the program about this assistance. If awarded, you can use this aid to replace Amherst loan monies.
As soon as you have a few programs selected that you are interested in applying to, you
should meet with Dean Kate Gentile in the Office of Financial
Aid by calling x2296. She will counsel you on the process, i.e. submiting a regular application for financial
aid, drafting an official statement of expenses from the
program, and creating a study abroad budget. You need to do this by April
20. It is essential that you request
an early reading so that your aid can be processed
before you leave the country.
Students studying abroad for the spring semester only should submit the official
statement of program expenses and a study abroad budget (including travel costs)
by November 1, having already submitted their yearly aid application the previous
April. If you will be abroad all year or just during the spring, be sure to
inform the Office of Financial Aid of your foreign address so that financial
aid forms can be mailed to you in the spring term.
You may obtain further information from the Financial
Aid Office.
Students who do not receive financial
aid are responsible for all costs
of their study abroad program, paying the program
directly. The college will not bill you for
the semester(s) spent studying abroad, as long
as the Study Abroad Confirmation Form has been
submitted, informing the College which program(s)
and semester(s) you will be on educational
leave. This form should be submitted as soon
as possible, but no later than the final day
of classes of the semester previous to departure.
[In some cases, students studying abroad in
the fall or for the full year may not know
which program they will study abroad with until
the summer. In this case, please either fax
the study abroad confirmation form to the attention
of the Study Abroad Advisor, at (413) 542-5790
or send it to the attention of the Study Abroad
Dean at Amherst College, The Career Center,
102 Converse Hall, Amherst, MA 01002.
There is, in general, little national, non-institutional,
scholarship aid available for undergraduate study
abroad. What exists is largely need-based, as
opposed to merit-based. However, scholarships
may reduce your total student loan amount, and
post-graduation debt. It is strongly recommended
that you ask your program sponsor if it offers
any scholarship assistance based on academic
merit. An award can be seen by employers and
graduate schools as a tangible sign of academic
achievement, worthy of mention on your resume
and in applications for more prestigious awards,
such as the post-graduate Fulbright, Rhodes,
or Marshall awards.
Information can be found here or
in the guide Financial Resources for International Study in the Career
Center . Examples include:
Rotary
Scholarships will fund from 3-12 months
of study ($10,000-$23,000, depending on program
and cost of tuition, etc.) in a foreign institution
by direct enrollment only, are applied for
and funded by local chapters of the Rotary
International Foundation; and may be open to
international students as well, if there is
a chapter of Rotary International in their
home city or country. Applicants must typically
submit the application a year in advance of
the term in which they wish to study (deadlines
vary according tot he sponsoring chapter),
and a considerable amount of research is involved
in selecting a suitable foreign university.
Information is on the internet at the link
above or through the Rotary Club in your home
town or country.
CIEE Scholarships and Travel Grants, fund the cost of
airfare and can be used for study, work, volunteering,
or research in less-traditional countries (i.e.
excluding Western Europe , Australia , New
Zealand , Canada ). Application deadlines are
twice a year, typically in October and March
or early April.
The
National Security Education Program is
an initiative of
the US government to encourage study in "less commonly taught" languages,
and as such is available only to US nationals.
The "critical language" list varies
slightly from year
to year, but in all cases applicants must be
proposing a course of study outside Western
Europe and Australia/New Zealand. Study of
a foreign language appropriate to the identified
country must be an integral part of each proposal;
however, study of a more commonly taught language
may be approved if it is at a very advanced
level or the course of study is in the applied
sciences or engineering. The maximum award
for any one academic term is $8,000. Year-long
study abroad proposals are given preference;
however, shorter term scholarships are considered,
particularly for freshman and sophomores. All
recipients of NSEP awards are required to seek
employment with a federal agency or office
involved in national security affairs, but
may be allowed to fulfill their service through
work in higher education if a position is not
available in government. Deadlines are typically
in November for the following academic year.
The Association of
Teachers of Japanese
(ATJ) Bridging
Scholarship program
will award 50 scholarships to American students
participating in study-abroad programs in Japan
that began in Fall 2002. Undergraduate students
majoring in any field of study and attending
any recognized exchange or independent program
in Japan are eligible
to apply for these scholarships.
Recipients of Bridging Scholarships will receive stipends ranging from $2,500
to $4,000, depending on the length of their study program in Japan. The scholarships
are funded by donations from U.S. corporations and foundations. The deadline
for applications is in early April of each year. Successful applicants will be notified by
May 30. Selection will be based on academic potential and financial need. In
addition, Morgan Stanley will award two $10,000 scholarships to undergraduate
students who will be studying abroad in Japan who have an interest in economics and international finance. Applicants
must submit an essay on one of three public-policy topics to ATJ along with
an application for the Bridging Scholarship program.
DAAD,
The German Academic
Exchange Service
offers Undergraduate
Awards to highly
qualified undergraduate
students for study
abroad, university
language or summer courses, senior thesis research
and/or internships in the Federal Republic of
Germany. Two types of awards are available:
--Short-term awards
for stays of two
or three months in
conjunction with
German university
language or summer
courses, independent
senior thesis research,
or an internship at a German institution or firm.
--Long-Term Awards for a Semester or Year Abroad for between four and ten months,
either as part of an organized study abroad program, or as part of an individual,
student-designed study abroad semester or year.
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