You must be formally accepted into a study abroad program through the Fisher College of Business or the Office of International Affairs before aid eligibility can be determined. Either Fisher's Office of Global Business or OIA will provide you with a budget letter once you have been accepted. The Free Application for Federal Student Aid (FAFSA) and the Ohio State Scholarship Application, will be used to calculate the amount of money you will be awarded for the semester or term in which you plan to study abroad.
Once you have completed and submitted both the FAFSA and an Ohio State Scholarship Application, submit your budget letter to the Student Service Center and schedule an appointment with a financial aid counselor. Make sure to sign up for direct deposit as well, as this will allow you to receive funding 5-7 days prior to the start of your program instead of waiting for a mailed check.
What types of aid can I use to fund my study abroad?
All federal and state grants and loans can be used to finance study abroad expenses, including Pell Grants, Perkins Loans and Parent (PLUS) loans. Many campus based scholarships and grants can also be used, as well as University Loans.
Are there any types of aid I cannot use?
Some external loans may not be used for study abroad — it is ultimately the donor’s decision how the scholarship is administered. Some departmental scholarships may also be excluded.
How do most students fund their studies abroad?
Loans are the largest source of financing for study abroad, and can be redistributed to allow a student a larger disbursement for the semester in which he or she will study abroad.
Will my grants or scholarships be increased because I’m studying abroad?
No. Grants and scholarships have a set maximum amount per semester that a student may receive.
What is the deadline for filing the FAFSA?
The Ohio State priority deadline is February 15, but students interested in study abroad are strongly advised to complete and submit the application in January.
What is the deadline for filing the Ohio State Scholarship Application?
The deadline for completing the Ohio State Scholarship Application is February 15.
I’m studying abroad on an independent program — what financial aid can I receive?
Students participating in a study abroad program not sponsored by the Office of International Affairs should complete a Consortium Agreement. This form can only be used in some cases, so students are advised to contact the Office of Student Financial Aid before initiating this process.
I need to buy my plane ticket a month prior to leaving the country — can I access my financial aid early to pay for it?
No. According to federal regulations, financial aid will disburse 7 - 10 days prior to the term during which the study abroad is scheduled.