Financing your trip
Affording the program
Selecting a study abroad destination is exciting! Figuring out how to pay for it... not so much. The following information, developed by the Study Abroad & Global Programs, is intended to help you plan the financing of your program, many of which offer payment plans. And, due to the generosity our alumni and donor support, the Mike Ilitch School of Business subsidizes each program to help make it more affordable for business students.
In addition to paying your tuition, you will also need to pay for the cost of the program and any additional expenses. Some program fees are all-inclusive — airfare, housing, meals, excursions, etc. are covered. You will only need a little extra spending money for things such as some meals and incidentals. Some program fees cover very little and you will need to purchase things like airfare on your own. A study abroad advisor can help you estimate costs for your particular program.
Sometimes students don't understand how they have access to funds or how funding works. Click here to read a short guide to frequently asked questions.
We highly encourage you to apply financial aid to offset the costs. Sources of funding include:
Some students have been able to raise funds by asking friends, family members and their community to sponsor them.
Listed below are some additional resources: