2015 updates by Mary Alice Allen, Michele Arellano, Sarah Langston, Erin Polnaszek Boyd, Matthew Sagayaga, and Harrison Wadsworth
There has been rapid growth in the number of U.S. students studying abroad over the past 10 years, and most professionals in the field expect the growth rate only to increase for the foreseeable future. One of the biggest hurdles to increasing enrollments, however, is the cost of education abroad. This publication provides an overview of the aid available for education abroad and how to establish procedures to package and distribute that aid. While most higher education institutions in the United States have procedures for packaging and distributing financial aid, unique regulatory and procedural challenges often present themselves with regard to education abroad.
The primary focus of this e-publication is federal sources of aid, with a particular emphasis on the programs included in Title IV of the Higher Education Act of 1965. However, the authors also acknowledge that outlining federal regulations is not enough. Knowing how to create a network of allies on campus who can help design an effective and efficient process for collecting data and distributing aid is just as important as knowing the federal regulations.
NAFSA thanks American Institute For Foreign Study and Cultural Insurance Services International, NAFSA Global Partners, for underwriting this project.