12-6 months before departure – Budgeting, saving, and applying for funding
o Estimate your real financial need for study abroad by comparing the cost of study
abroad with the cost of attending UT and considering your resources.
Use the interactive budget to compare costs.
Add up your current and prospective financial resources (loans,
scholarships, grants, personal savings, family contributions, work income).
Subtract the cost of study abroad from your total resources to determine
your real financial need.
o Apply for priority financial aid.
Complete the FAFSA (fafsa.ed.gov) as soon as possible after January 1 and
before the Priority Funding Date. Some resources are allocated on a first-
come, first-served basis.
Meet with an OSFS counselor to get answers to these important questions
(link to Questions to Ask about financial aid)
ALL students should apply for financial aid, even if you have not qualified
in the past.
o Start applying for scholarships.
Visit the scholarships page for details.
Visit Global Assist to apply online for some UT study abroad scholarships.
Apply for as many scholarships as possible. Most scholarships are not
intended to cover the full cost of your program, but to help cover your real
o Open a savings account for study abroad.
o Actively seek out sources of funding apart from UT scholarships and financial aid. (Link
to ideas on website)
o Maintain good financial credit and identify a credit-worthy co-signer for student loans.
9-4 months before departure – Selecting a study abroad program
o Visit the SAO Program Search Engine to compare programs and costs. (Link to search
o Be flexible to find a program that fits your budget and needs. Costs vary widely
depending on program structure, location and length of time.
o Choose a second-choice program.
o Use the budget worksheet to compare costs for your specific programs choices. (Link to
comparative cost worksheet)
7-3 months before departure – Applying for a study abroad program
o Apply for your study abroad program online on MY SAO.
(https://utdirect.utexas.edu/student/abroad/shared_start.WBX) You will be charged a
UT application fee that will post on What I Owe.
o Fill out any additional applications necessary for your program. Some programs charge
an additional application fee.
o Apply for a passport. Check the US Dept. of State’s passport page for current fees.
3 months before departure – After acceptance to study abroad program
o Pay for out-of-pocket expenses right after program acceptance such as visa or entry fees,
health clearance and immunizations, and program deposit.
o Check What I Owe and CA$H online periodically for charges, payments, and financial aid.
o Pay (or defer to financial aid) UT tuition and fees according to the normal UT schedule.
o Pay (or defer to financial aid) study abroad program fee according to specific program
1 month before departure – Final financial planning and preparation
o Be sure you have a credit card ready and cash set aside for expenses.
o Gather funds for essential costs abroad not included in your program.
o Collect disbursement of some UT study abroad scholarships.
o Accept new financial aid package (E-FAN) and begin loan processing.
o Make sure all payments are paid or deferred to financial aid on time.
o Process loans individually and/or with credit-worthy co-signers.
First day of classes abroad – Arrival expenses
o Plan for arrival and settling-in expenses like meals, transportation, books and supplies,
and personal items. You should have cash available for these initial expenses.
First day of classes at UT Austin – Financial aid disbursement
o Financial aid disburses according to the UT calendar, and there is no special schedule for
study abroad students.
o You may not receive your financial aid until after your program begins, so you must plan