Options Available to Finance Your CEA Study Abroad Experience
Some students have the idea that they cannot afford to study abroad; you may even be one of them. The truth is, study abroad may be much more affordable than you think. In fact, many students are amazed at the financial aid they are eligible to receive to study abroad.
Our experienced CEA Student Accounts team is here to help you understand all the options available to pay for study abroad and maximize those resources.
Remember before you apply for your study abroad program, talk to your parents and your home school study abroad advisor, financial aid officer and/or bursar about what can or can’t be applied to your study abroad program.
Financial aid can assist with funding your study abroad educational expenses. Sources include:
- U.S. Federal Government
- Your Home State
- Your Home Institution
- Private Loans
The CEA Student Accounts team is dedicated to helping students and parents understand all their options and assist in choosing the right financial plan that will meet their individual needs.
Scholarships are another form of aid that can assist students with funding their study abroad. Unlike student loans, scholarships do not have to be repaid. This free money can make a real difference in how affordable your study abroad experience can be.
- CEA offers a competitive scholarship up to $3,000 for students who meet our requirements based on merit and need.
- Merit Based Scholarships are earned by meeting or exceeding certain standards set by the scholarship-giver. They could be awarded based on:
- Academic achievement or on a combination of academics
- Special talent, trait, study abroad or interest.
- Other scholarships are based on financial need.
- There are thousands of scholarships, from all types of organizations, and they are not hard to find.
- You might be able to get a scholarship because your parent works for a particular company.
- Many academic and international organizations offer scholarships, such as the Boren Awards for International Study, Rotary Foundation, the Benjamin Gilman Foundation and more!
Check out the U.S. Department of Labor’s FREE scholarship search tool, answer some questions and discover what other scholarships are available to you!
Find out more about finding and applying for scholarships. You will also want to be careful and avoid scholarship scams.
CEA Payment Plans
Take advantage of CEA’s interest-free payment plan option that offers flexibility in paying for your experience abroad and can accommodate your individual financial needs. Our payment plans are a convenient way to budget and pay for your CEA Study Abroad Program.
The best part is; the earlier you apply and get set up on a payment plan, the smaller the payments and more time you will have to fund your study abroad program!
CEA offers other funding resources available to study abroad students, which help cover the costs not covered by financial aid.
- 529 Plans: These are investment plans your parents may have set up for college and, just like with financial aid, can be used to cover educational expenses for study abroad
- Look for special offers available throughout the year for various programs and study abroad destinations.
- Go abroad again! CEA offers discounts to our alumni, as well as to students who wish to combine more than one program.
With today’s resources, study abroad is more attainable and affordable than ever before. Let our Student Accounts professionals help guide you through the steps.
Contact us today and we’ll help you get started!
Call us at 1-800-266-4441, Ext. 1807, or email us at StudentBilling@GoWithCEA.com.