Are you going to study abroad for the next semester or two? This page is designed to help you understand what happens to your financial aid for the semester(s) you are going abroad. We strongly encourage you to read the information (or our Study Abroad FAQ) and save this page for future reference.
If you have any questions or concerns, please do not hesitate to contact our office or the Center for Global Education for additional information.
Institutional funding (excluding work-study and athletic grants), federal, state, and most private financial aid in the form of scholarships, grants and loans are portable. This means that you can use your financial aid to offset the cost of studying abroad.
Students with outside scholarships must check with the sponsoring agency providing those funds to ensure that funding can be used while studying abroad. For the Federal Parent Loan for Undergraduate Students (PLUS) and Suggested Lender List, all paperwork needs to be completed with Providence College and/or lender prior to departure. This includes the self-certification form and/or master promissory note, if applicable.
Providence College has a Home School Tuition Policy. The means students are charged tuition here at the College but are charged room/board through their abroad program. Please note, if the program’s tuition is more than our tuition (i.e. a tuition differential) the difference will also be added to your bill here at the College.
All eligible financial aid is applied to your charges here at the College first which could include, but not limited to: tuition, tuition differential, study abroad fee*, health insurance, unfulfilled housing contracts, parking fines, dorm damage fines, and/or late fees. If your eligible financial aid is greater than your charges you can then use the remaining towards the room/board charges at your abroad program.
Students may contract with (Nelnet Campus Commerce) to cover charges that are billed directly from Providence College. Payment plans, however, cannot be used to manage the other expenses that are billed by your abroad program. You should contact your abroad program to make payment arrangements.
Some study abroad programs require that certain fees be paid up front and out of pocket regardless of the types and amounts of financial assistance you have applied for and are receiving. Some examples of such fees would be an enrollment deposit, damage deposit, insurance fee, round trip airfare, taxes and fuel charges. Please contact your host program for information regarding their payment policies.
*The $1000 study abroad fee is paid in two installments of $500. The first $500 (non-refundable deposit) can be paid via CyberFriar (Cashnet) through electronic ACH between March 1 and May 1. This will confirm participation in study abroad. The remaining $500 will be billed with the semester tuition for the semester that the student is abroad.
The Refund Instruction Form is only required from those students that have a credit here at the College. This means that your eligible financial aid exceeded your billed expenses here at the College.
This form provides you with the opportunity to tell us exactly what you would like us to do with your credit. By completing this form you are giving Providence College permission to send funding directly to your abroad program or directly to a parent/guardian. If you have not completed the Refund Instruction Form, your aid will remain on the account at Providence College.
If you have a credit on your account and would like your abroad program to know about it, send us their deferral form (most programs have one). Complete the student section and we are happy to do the rest!
Please note, if your program/eligibility (or you obtain approval to stay an extra semester) changes or you apply for loans or outside scholarships after your paperwork is completed by the Office of Financial Aid you must notify us in writing what you would like us to do with those funds. Your original refund instructions are program, fund and/or semester specific. It is not a blanket agreement which is the reason why separate instructions are required.
Also, if the host program requires payment in a form other than American currency, the Bursars Office is unable to send or wire money directly to the program. Rather, all money will be sent home to a parent/guardian and it is the students’ responsibility to convert and transfer those funds in the manner required by the host program.