The cost of an education abroad program can vary based on the location, program type, length of stay, housing arrangements, and included activities. Understanding your program budget early can help you compare options, explore scholarships and financial aid, and create a plan for any out-of-pocket expenses.
Every education abroad program includes a cost sheet that provides an estimate of the expenses associated with participation. Cost sheets are designed to help you understand the full financial picture before you apply and should be used as a planning tool when creating your budget.
A typical cost sheet includes:
Program Fee
The program fee covers expenses that support your education abroad experience and may include housing, excursions, program activities, on-site support services, orientation programming, international insurance, or other program-specific costs. What's included varies by program, so be sure to review your cost sheet carefully.
Tuition
Tuition is the academic cost associated with earning MSU credit while participating in your program. Tuition charges may vary depending on the program type, number of credits, and term of participation.
Estimated Out-of-Pocket Expenses*
These costs are generally paid directly by you and may include:
*Because spending habits vary, out-of-pocket expenses are estimates and may be higher or lower depending on your destination and lifestyle.
Application Deposit:
When you submit an education abroad application through Via Global, a $100 application deposit is charged to your MSU student account. This deposit allows your application to move forward in the review process. If you withdraw before being accepted or are not accepted into the program, the deposit is generally refunded.
Commitment Deposit:
If you're accepted to a program and decide to participate, you'll need to confirm your participation and pay a commitment deposit by the deadline provided. This deposit reserves your place in the program and allows preparations to move forward. Once you commit, the deposit is typically non-refundable.
Plan for Upfront Expenses:
Some education abroad costs are due before financial aid, scholarships, or loans are disbursed. Students should be prepared to pay for expenses such as:
Planning ahead for these costs can help you avoid last-minute financial stress and stay on track throughout the process.
Compare Costs, Not Just Prices:
When comparing programs, look beyond the total price. A program with a higher program fee may include housing, meals, excursions, or transportation, while a lower-cost program may require more out-of-pocket spending. Reviewing the complete cost sheet can help you determine which option is the best fit for your academic goals and budget.
Budget Early, Budget Smart:
The earlier you review program costs, the more time you'll have to explore financial aid, scholarships, fundraising opportunities, and other funding resources. Creating a budget before you apply can help you make informed decisions and feel confident about financing your experience abroad.