The LMU Study Abroad Team understands the challenges related to funding a study abroad opportunity. We strive to make sure that our programming is as approachable financially as possible. This being said, the cost of study abroad varies by program. In some cases, it actually costs less to study abroad for a semester than it would to live in Los Angeles and take a full course load here. In other cases, the cost of living abroad may be more expensive than staying on campus.
Many LMU students use some sort of financial aid to study abroad. Financial aid is broadly defined as any source of funding for an academic program of study that comes from a source other than you or your parents. This could come in the form of Pell Grants, Cal Grants, Stafford Loans, Parent PLUS Loans or work-study. It could also come in the form of scholarships from private foundations or public institutions. Most students will combine aid from a number of different sources to cover the costs of study abroad.
LMU has made participating in a study abroad program a financially reasonable option by creating programs where the tuition and program fee costs are similar to the LMU cost of attendance. Although Institutional, Federal and State aid can apply to all featured programs, it is important to be aware of any additional costs and make arrangements accordingly. Each program brochure contains a budget sheet where you are able to view estimates of the tuition, program fee, and other included excursions or amenities. Review the billable costs & non-billable costs listed on the budget sheet. Some programs (Exchange) do not have a program fee and the housing and meal costs are paid directly to the host institution. We advise you to speak with the Financial Aid Office regarding your available aid.
This website provides links to a number of financial aid options, scholarship and fellowship resources. The best advice we can give to students, parents and others interested in this part of the study abroad process is to plan early and ask as many questions as you can. Please consider us a resource.