How Much Does It Cost to Study Abroad?
The cost of studying abroad varies tremendously depending on the type, length, and location of the program. Each program page shows the estimated costs of the program and what is included in the program fee, if applicable. Below is a summary of the types of costs you can expect from each type of program. For current UM tuition rates, click here.
Students participating in UM-on-Location programs pay regular UM tuition. In addition, students pay a program fee to cover housing and program activities. Students must also budget for transportation, personal expenses, and travel.
Semester Exchange Programs
Students participating in semester or year exchange programs pay regular UM tuition. Housing is paid directly to the host university or housing provider, and meals are typically budgeted according to eating in cafeterias, cooking meals at home, or eating at restaurants. Therefore, the housing and meal costs vary depending on the location of the host university. Students must also budget for local transportation, personal expenses, and travel.
Students on faculty-led programs pay regular UM tuition. In addition, students pay a program fee to cover costs of the program such as housing, group travel, entrance fees and tours, and group meals. Students must also typically budget for international airfare, local transportation, personal expenses, and travel.
Summer Direct-Enroll Programs
Students participating in summer direct-enroll programs pay regular UM tuition. In most cases, housing and meals are paid directly to the host university or housing provider. In some cases, students pay a program fee directly to UM to cover housing expenses. Student must also budget for transportation, personal expenses, and travel.
Students who choose to study abroad on a non-UM program pay a $50 fee during each semester of the program. This charge will appear on the student’s account after the proper forms have been completed. The Non-UM program form is found here. Students then pay their study abroad program costs directly to the organization or institution.
Personal expenses such as local transportation, entertainment, communication, and laundry depend on the program length and location. Student expenses will vary according to individual spending habits and travel. Expenses may also increase or decrease depending on the exchange rate at the time of study, and can dramatically affect the cost of studying abroad. For information on exchange rates, visit www.xe.com or www.oanda.com.
Passport and visas fees should also be considered when planning your study abroad. For more information on passports and visas, please click here.
Will I Be Able to Use My Financial Aid Abroad?
Students participating in a UM study abroad program will be able to use their financial aid abroad; however, effective Spring Semester 2015, the University of Miami will no longer offer financial aid for students visiting and attending other institutions under a non-UM study abroad “consortium” program. Therefore, when you are selecting a study abroad program, we advise you to choose programs that are part of the UM semester on location (“U”) programs and those listed on our UM exchange partner list since your financial aid and scholarships will apply while you are abroad. You will find a complete listing of these UM administered programs under the “Programs” tab of this website.