Financial Aid, Scholarships Available to Students for Study Abroad

By Jenna Zelenka, Mia King, Lisa Schumaker

Eau Claire students who are interested in studying abroad, should be aware of the available financing options through the University’s Financial Aid Office. Students have access to receive loans and scholarships through the University. Depending on which program they choose determines how much aid they will receive. Program costs include tuition, cost of living, and international travel.

According to Dale Johnson, financial aid counselor for the University, the experience of studying abroad outweighs the initial costs. Johnson encourages all students to review their financial options and consider studying abroad. He said that studying abroad might give you the upper hand in an employment decision by differentiating you from another candidate.

One scholarship available to College of Business students is the Ronald D. Schlattman International Study Abroad Scholarship. The amount given to the chosen student varies on financial need and type of program. The scholarship is solely available to College of Business students, but non-business students will be eligible if no College of Business students qualify.

There are many other scholarship opportunities available for all programs. Students can find additional information at the Center of International Education, located in Schofield 111, or on their Web site. The Financial Aid Office will give students the maximum amount of federal aid for their program. If the student needs additional financial aid, the office will direct the student to the appropriate outside source.

Students who are considering studying abroad should consider all different options in order to ensure their financial stability. First students should speak to several different financial advisors in order to get as many options as possible. Additionally, some students get a job, increase their work hours, or commit to creative fundraising to raise extra money.

An upcoming issue on campus is that the University is considering an additional requirement that all undergraduate and graduate students complete an international experience. This a reality for Carlson School of Management students at the University of Minnesota come fall 2008. With study abroad becoming a possible option for an international experience, students should be aware of all the financial options available. For more information on this issue, students can attend the strategic planning meetings on campus or view the strategic planning web site.

Jenna Zelenka Mia King Lisa Schumaker

Jenna Zelenka, left, is a senior HR major from Marathon, WI. Mia King, middle, is a senior HR major from Stewartville, MN. Lisa Schumaker, right, is a senior marketing major from Milwaukee, WI

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