How to Pay for It
It is a common misconception that study abroad costs far exceed regular tuition. The Office for International Programs hopes to dispel this myth by showcasing some of our more affordable study abroad program options, proving that in many instances a semester abroad can be equivalent or less than the cost of an average semester at Loyola. Scholarships and financial aid information for students traditionally underrepresented in study abroad are also provided below.
The estimated cost for a semester at Loyola is approximately $26,500. This includes tuition, housing, meals, personal spending and mandatory fees such as transportation, health insurance, technology, student activity, and textbooks.
Click here to access charts showing a selection of affordable study abroad programs that are equal or less than a semester at Loyola. Do not allow misconceptions about financing study abroad to deter you from exploring this opportunity.
Once you select a program, you can get started and complete our Go Global worksheet to apply your financial aid and see a more accurate depiction of your personal program costs.
“The cost for the trip was the same cost as tuition at Loyola if not cheaper. It was a great experience and I’m happy I chose to go abroad rather than just take summer classes. It was well worth it.”~ Nia Lewis, Accra, Ghana, Summer 2011 (USAC)
"It wound up being so much cheaper than a semester at Loyola. I saved a lot of money!" ~Yoni Siden, India Spring 2011
- Benjamin A. Gilman Scholarship
This scholarship provides awards of up to $5,000 to U.S. undergraduate students who are receiving federal Pell Grant funding to participate in study abroad programs worldwide. For more information, visit: www.iie.org/gilman.
- DiversityAbroad Study Abroad Scholarship
Diversity Abroad will offer twenty $1,000 scholarships for spring, summer and fall 2011 study abroad. Scholarships are only available for students participating in a study, intern, volunteer or language immersion program abroad offered by IES, USAC, or SIT . Economically disadvantaged students, African-American, Asian-American, Hispanic/Latino and Native-American students are strongly encouraged to apply. For more information, click here.
- Diversity Abroad / GlobaLinks Learning Abroad Scholarship
Diversity Abroad has partnered with GlobaLinks Learning Abroad and The Foundation for Global Scholars to offer $1,000 scholarships for undergraduate students to study abroad. Undergraduate students from any community colleges or four-year college, who will study abroad during the summer, fall or spring and meet eligibility, are invited to apply. This scholarship specifically targets students who identify as one of the following: ethnic minority, economically disadvantaged, physical disability, or first generation college student. For more information, click here.
Please see our Scholarship page for additional study abroad scholarships.
Most all study abroad programs accept some form of financial aid. Loyola center programs and exchanges accept all LUC scholarships, federal, and state aid. To see more information regarding additional programs please visit our Cost page or contact the Financial Aid Office.
“I always wanted to but I didn’t think I could though because I knew I couldn’t afford it. I was already taking out loans to go to Loyola as is so study abroad seemed like something I couldn’t do, but then it turned out that it was the exact same price, it all (financial aid) rolled over so it was like studying here. Honestly with all my grants and loans and scholarships it was just a $1000 more for the study abroad fee, which is manageable." ~ Luis Quijano, Madrid, Spain (Marquette Exchange), Spring 2010