Financial Aid for Study Abroad
For students who want to study abroad, there are many program options available at Miami University. Visit the Education Abroad page for an introduction to the resources offered, a guide to how to search for a study abroad program, and information about scholarship opportunities and other funding options. Schedule an appointment with a study abroad advisor to determine the feasibility of the program and whether it fits your academic and/or career goals.
To receive financial aid, students must be enrolled full-time for a fall or spring semester study abroad program. Winter and summer aid awards are based on any remaining financial aid eligibility from the current academic year.
Study Abroad Programs
Study abroad programs that fall under the category of Co-Sponsored or Exchange permit students receiving Miami scholarships and grants to apply those funds toward the cost of their program. Students participating in Approved Non-Miami study abroad programs are not eligible to apply their Miami scholarships or grants toward the program. For students receiving federal aid that want to apply those funds toward the program, a Consortium/Contractual Agreement is required.
Faculty-led and MUDEC (Luxembourg) programs also allow students to utilize their Miami scholarships and grants toward program costs. The Luxembourg Program has many scholarships available, and all students who have a FAFSA application on file will be considered for these scholarships upon acceptance into the program. Learn more about Luxembourg scholarships by visiting the Luxembourg Program page.
Students receiving federal student aid can also utilize those funds toward Faculty-led and MUDEC (Luxembourg) programs and a Consortium/Contractual Agreement is not required.
To apply for state/federal financial aid, including grants, scholarships, loans, and federal work-study funds, all eligible students must complete the Free Application for Federal Student Aid (FAFSA) annually by Miami’s priority deadline using Miami’s Federal School Code of 003077. Verification documents (if applicable) must be completed for students selected for federal verification before any federal funds can be applied to a study abroad program.
Students in a year-long program that requires a Consortium/Contractual Agreement must submit a separate agreement for each semester to receive financial aid.
Program and Financial Aid Information
Program Type | Consortium Form Needed | Aid That Applies to Program Types | ||
---|---|---|---|---|
Miami Scholarships | Federal Aid and Private Loans | State Aid | ||
Approved Non-Miami | ✓ | ✓ | Amounts and eligibility varies and is determined by program and campus | |
Co-Sponsored | ✓ | ✓ | ✓ | |
Exchange | ✓ | ✓ | ✓ | |
Faculty-Led | ✓ | ✓ | ||
MUDEC (Luxembourg) | ✓ | ✓ | ||
Studying within the U.S. | ✓ | ✓ |
Winter and Summer Study Abroad
Federal financial aid eligibility is based on the number of credit hours the student is enrolled in and the financial aid already received for fall and spring semesters. Students studying through a Miami winter or summer workshop will have their eligibility for financial aid determined automatically, after registering for courses. If the winter or summer program is not offered by Miami, the Consortium/Contractual Agreement must be completed before Miami can determine financial aid eligibility.
Disbursement of Funds
Students who finalized their aid for the semester during which they will study abroad will have their financial aid funds disbursed to their Bursar account based on Miami’s disbursement schedule.
Aid for students studying in Approved programs will be disbursed 10 days before their program start date.