Financial Aid and Scholarships
Undergraduate Programs
Financial Aid
You may be wondering how you will pay for an IPSL program. The good news
is that many students are able to apply some or all of their financial aid toward
the cost of IPSL programs. However, policies and practices regarding financial
aid vary widely among U.S. institutions, so you should consult with the financial
aid office and/or study abroad office at your home institution to determine whether
or not you will be able to apply financial aid, scholarships and/or other support
received from your home institution toward an IPSL program.
Under federal law, U.S. students can receive federal financial aid (such as
Pell Grants and Stafford Loans) for study abroad if their home institution has
approved the program for credit. Federal law also states that financial aid can
cover all "reasonable" costs for a study abroad program, including:
tuition and fees for the program; round-trip transportation; living costs; passport
and visa fees; and health insurance.
Download
IPSL program costs breakdown.
How to determine eligibility and procedures
Talk to your financial aid and/or study abroad office to determine whether you
can apply your financial aid and/or scholarships toward an IPSL program.
- If IPSL is already an approved program at your institution, you should be able to
remain registered at your home institution, apply federal financial aid toward the
program, and receive transfer credit for courses you successfully complete. If you
are currently receiving direct need-based and/or merit-based scholarships from your
home institution, you will need to determine with your financial aid and/or study
abroad office whether or not these funds may be used for off-campus study.
Procedures vary from campus to campus; please consult with the appropriate office
on your campus.
- If IPSL is not a pre-approved program at your home institution, find out what
information is required. We are happy to complete consortia/contractual agreements
from the home institution and provide administrators and faculty with additional
information about the programs.
Methods of payment
Colleges and universities each have different ways of determining methods of
payment for study abroad programs. Consult with your financial aid and/or study
abroad office to determine the procedure at your institution. The following are
three of the most common methods of payment :
- The student pays the home institution (whether by paying out-of-pocket,
using financial aid, or through a combination of both). The college/ university
then pays the program fees to IPSL.
- The student pays IPSL directly, and the home institution transfers financial
aid directly to the student or to IPSL.
- The student takes a "leave of absence" from the home institution,
pays the programs fees directly to IPSL, and is unable to use any financial aid
sources.
Scholarships*
*Please note that these are not funded by IPSL.
Additional Scholarship Information Links
Graduate Financial Aid Information