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Financial Planning

Manage the cost of study abroad by planning ahead, program selection, budgeting, and applying for scholarships, fellowships and financial aid. Suggestions are available from a variety of sources.

There are many ways to reduce the cost of study abroad. One key area is to plan ahead and select a program that makes the best use of credits towards graduation requirements. Smeal International Program Coordinators are available to meet with students to help them select the best program to meet their academic goals. We are also willing to assist with the decision about whether to study abroad for a summer or a semester.

Summer study abroad programs charge in-state tuition for all students. Exchange programs are a lower cost alternative for Pennsylvania residents. Penn State charges lower in-state tuition for third-party programs like IES, Arcadia and CIEE to out-of-state students. Scholarships are available for many programs. Make an appointment to talk about your unique concerns. Students may use  the online scheduling system to choose an appointment time.

Planning Resources

Ryan Dickson proposes to Kerry Deutsch at the Trevi Fountain in Rome, Italy. Ryan Dickson Photographer.

Ryan Dickson, IST '10 proposes to Kerry Deutsch, Marketing
'10 at the Trevi Fountain in Rome, Italy.
Ryan Dickson, photographer

Smeal College of Business

Smeal International Programs Coordinators

Smeal International Study Scholarship

Smeal Community Engagement  and Development Grant

Smeal International Internship Endowment 

Cost Effective Programs - for PA residents and out-of-state students

Penn State University

Penn State Office of Student Aid

Costs and Funding

The Easy Guide to Study Abroad Scholarships

Determine Your Education Abroad Budget

Employment on campus

Out of State Students: Note that the lower In-State Tuition rate is charged to all students for PSU programs by IES, CIEE, and Arcadia. Compare programs by these providers when Choosing a Program.

IES Tips

Career Benefits


University Fellowships Office - Visit the University Fellowships Office website or in 321 Boucke Building for more information about the following funding opportunities. You will also find many more scholarship and grants available for graduate studies abroad.

Scholarship Resources

Smeal Community Engagement  and Development Grant

Smeal International Internship Endowment

Smeal International Study Scholarship

PSU Student Engagement Network Grant

Education Abroad Scholarships

--- Easy Guide

Arcadia Scholarships and data base of additional scholarships

CIEE Scholarships

IES Scholarships - including a need-based aid decision in 5 days and merit-based (list in the left margin).

Foreign Language & Area Studies (FLAS) Fellowship

Fund for Education Abroad - for 1st generation to college and diverse students

NAFSA Scholarship - for experiential learning abroad

Congress Bundestag Youth Exchange (Germany)

Critical Language Scholarship Program - fully funded language intensive

PaCIE and The Asia Institute - study or intern in Asia

Freeman-ASIA Scholarship - study in Asia

100K Strong - study in Asia and Southeast Asia

100,000 Strong in the Americas