Financial Aid for Study Abroad

Financial Aid for Study Abroad

Financial Aid for Study Abroad

Financing study abroad requires advance planning, persistence and resourcefulness. Below are examples of financial aid options, and information about their sources.

Direct Aid

You may be eligible for Direct Aid from Study Abroad Programs Groups that offer study abroad programs. You must inquire about aid when you apply for admission to the program. Almost every application form asks if you wish to apply for financial aid. To be eligible you need to have filed a FAFSA form.

U.S. Federal Government Scholarships for study abroad

The federal government offers two scholarships for undergraduates:

  • Gilman scholarships are designed for students who are normally underrepresented in study abroad. Successful applicants can be science majors or minority students who normally would not choose the study abroad option during their undergraduate years. Applications are taken online, and funds are awarded twice a year. Applicants must qualify for PELL grants and must apply to a study-travel option with a minimum of 4 weeks in length.
  • The Boren Scholarship is given by the National Security Education Program (NSEP.) The NSEP Scholarship program is awarded through a national merit-based process, and funds study in emerging nations. Preference is given to students who will study abroad for one full semester or longer.

The Chapman Endowment funds scholarships for Converse students, specifically for study abroad. The endowment provides annual scholarships, based on need and merit. The gift is named in memory of Anne Morrison Chapman, an alumna and past trustee of Converse College. Mrs. Chapman graduated from Converse College in 1957 with a degree in French. As an undergraduate, she was elected to every student honor society at Converse. After graduating, she won Fulbright and Rotary International Fellowships for study at the University of Grenoble. She also planned and conducted European tours for youth so that they might broaden their cultural horizons and gain understanding of other nations and cultures.

The Morgan Scholarship was established to honor Charles Morgan, Associate Professor of English at Converse College, who has participated in numerous “London Terms,” Converse College’s first study abroad program. This annual award goes to the declared English major with a cumulative GPA of 3.0, who demonstrates how the scholarship will make a difference in her financial ability to study abroad.

The Caughman Study-Travel Scholarship honors contributions by alumna Sally Harmon Caughman ’68 to the Interior Design profession. Funding for the scholarship comes from multiple donors to provide financial assistance for interior design students to participate in study-travel and/or study-abroad opportunities. These opportunities are international with study-travel defined as a short-term trip (typically during Jan term) and study-abroad for a full semester.

Students accepted into the Nisbet Honors Program are eligible for up to $500 in assistance toward a Converse-related study-travel program.

Other Options for Study Abroad

The dream of study abroad can be realized by a modest adjustment in your financial aid package. If you are unable to secure a scholarship for study abroad, consider a loan. Contact the Financial Planning Office to learn about your financial options. You can also search for available external scholarships. You may also receive support from your family and your hometown. Some churches and civic groups grant scholarships. The key is planning in advance. Saving a portion of your earnings from summer jobs or the cash gifts you receive for Christmas and your birthday might help pay some of your expenses.

Your Next Steps

File your FAFSA, apply to Converse, and express your interest in travel as soon as possible. Our Office of Financial Planning will help you leverage all your options to fund your dream!

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