University of Southern Maine
Office of International Exchange
How Do U.S.M. Students Fund Study Abroad?
68% of students rely on Financial Aid to help fund their study abroad
program.
The average program cost for students with Financial Aid is $9,478.00
Of the 68% of students who use Financial Aid, their costs are covered by the following sources:
50% Financial Aid
24% Parents
20% Personal Funds
3% External Scholarships
3% Alternative Educational Loans
53% of students who receive Financial Aid enroll in reciprocal exchange programs.
Reciprocal programs are where students pay USM tuition and fees.
32% of students fully fund their study abroad program with family funds and personal savings.
The average program cost for students who do not receive
Financial Aid is
$11,281.00.
U.S.M. study abroad scholarships total just under $20,000 per year.
U.S.M. study abroad scholarships are awarded to 80% of the students who are approved to study abroad.
Scholarships range from $ 200.00 to $ 1,500.00, with the average award being $711.00.