Scholarships & Financial Aid (2023)

Please review the following information about how scholarships and financial aid can help your dream of studying abroad come true:

  • Scholarship Programs (Internal, External)
  • Financial Aid

InternalInternal Scholarships

UMass Lowell - College of Fine Arts, Humanities and Social Sciences, World Ready Scholarships

  • Amount: $500
  • Who’s Eligible? For students enrolled in the College of Fine Arts, Humanities, and Social Sciences who wish to take advantage of Faculty-led programs within FAHSS.
  • How to apply: Contact the Office of Study Abroad to receive the application and submit it, when completed, to the the Office of Study Abroad. Although it is not mandatory, Academic Departments are encouraged to match the $500 scholarship and commonly do so. If this is the case, then this scholarship may reach $1,000 in value. Please note this award is directly applied to the program fee.

UMass Lowell - Other College Scholarships Specific to Study Abroad

  • Amount: Varies
  • Who’s Eligible?For students enrolled in majors within their respective college.
  • How to apply: Contact your Dean's Office to determine if there are scholarships and/or travel grants available.

UMass Lowell - Study Abroad and International Experiences Partner-Led Program Scholarships

  • Amount: Up to $1,000
  • Who's Eligible? All UML students participating in API or ISA programs
  • How to Apply: The Office of Study Abroad will provide all participating students with application information.

UMass Lowell - Study Abroad and International Experiences Partner-Led Program Discounts

(Video) Scholarships and Financial Aid: What’s the Difference?

All UMass Lowell students who participate in programs led by AIFS, CAPA, CIS Abroad, and Global Semesters are eligible to receive discounts toward program fees in the following amounts:

  • AIFS: $400 Semester/ $200 Summer
  • CAPA: $600 Semester/ $300 Summer
  • CIS Abroad: $250 Semester/ $100 Summer
  • Global Semesters: $500 Semester/ $250 Summer

The Academic Engineer Endowed Scholarship

  • Amount: $100-2500 based on the number of applicants.
  • Who’s Eligible? Full-time Engineering undergraduate or graduate student, currently pursuing or planning to pursue a minor or second major in humanities, social science, and fine arts, demonstrate financial need based on federal formulas (complete FAFSA).
  • HowHow to apply: Applications to this scholarship are found on the Scholarship page of the UMass Lowell Financial Aid website.

ExternalExternal Scholarships

Partner-led Scholarships

Students who participate in partner-led programs are eligible for additional scholarships offered directly from their program provider. Students should review the offerings directly on the website of their program:

(Video) How to write a financial aid statement for scholarships

  • Academic Programs International (API)- Student scholarship awards between $250 to $1,000 per student. Additionally, there is a Full-Tuition Diversity Scholarship. There are also regional scholarships available and students who intend to study abroad in less popular regions are encouraged to apply.
  • American Institute for Foreign Study (AIFS) -Student scholarship awards between $500 to $5,000 per student. Additionally, there are 50% off Program Fee Scholarships available.
  • Academic Studies Abroad (ASA) - Student scholarship awards of up to $1250 for an academic year, $1000 for a semester, and $250 for summer. There is also a Diversity Scholarship that awards $2000 for a semester and $1000 for summer.
  • CAPA The Global Education Network - Student scholarship awards between $500 to $5,000 per student. Additionally, there are Blogger and Diversity Advocate Grants awarded each semester.
  • Council on International Education Exchange (CIEE) - The Council on International Education Exchange offers a great deal of scholarships for many different types of students and programs and, as such, we encourage you to view their website. In addition to need based scholarships, there are merit based scholarships that we encourage you to apply to. For summer programs, if a CIEE student wishes to enroll in a second session that summer, they will receive 20% off the program cost of the second session.
  • Center for International Studies Abroad (CIS abroad) -Student scholarship awards between $100 to $500 per student. Additionally, there are many scholarships involving blogging and social media.
  • Global Semesters -Student scholarship awards between $250 to $2,000 per student. Additionally, there is the HSAS diversity scholarship worth up $1,000.
  • International Studies Abroad (ISA) - Student scholarship awards between $100 to $500 per student. Additionally, there are scholarships awarded by individual host universities through ISA. There are also Early Application Discounts awarded. Students interested in studying during Summer Sessions will receive a $100 discount if they apply between December 1st and January 15th. Students interested in studying during Fall Semester Sessions will receive a $100 discount if they apply between December 1st and January 31st.
  • The School of Field Studies - The School of Field Studies offers many different types of financial aid and scholarships based on the need of the student. 90% of SFS students receive an amount of aid from the organization. SFS also list other external scholarships that they are partnered with on their website.
  • The Education Abroad Network (TEAN) - The Education Abroad Network boasts a Full Ride Scholarship to one applicant per year which can award up to $26,000 to cover tuition, program fees, and housing. Other scholarships include Need, Merit, and Diversity Scholarships which range from $500-$2500. Additionally, there is a scholarship for photography which awards $500 for a semester and $250 for summer.
  • University Studies Abroad Consortium (USAC) - USAC offers $750-$1000 in aid to students who will be the first of their family to graduate college. For family members of alumni of USAC, they will be awarded $500 per semester and $300 for summer programs. Each program offers location specific scholarships as well.

The Benjamin A. Gilman International Scholarship

The Benjamin A. Gilman International Scholarship Program was developed to reduce barriers to study abroad by providing assistance to those undergraduate students in two- or four-year institutions who demonstrate financial need. This program provides awards for study abroad for US citizen or US national students who are receiving federal need-based financial aid. Please note that CIS will grant an additional $500 to the Benjamin Gilman Scholarship recipients! For additional information please visit the Benjamin A. Gilman International Scholarship website.

Critical Language Scholarship:

The Critical Language Scholarship (CLS) Program is a fully-funded overseas language and cultural immersion Summer program for American undergraduate and graduate students. With the goal of broadening the base of Americans studying and mastering critical languages and building relationships between the people of the United States and other countries, CLS provides study opportunities to a diverse range of students from across the United States at every level of language learning. Full program costs (including housing and airfare) are covered by the scholarship.

Boren Scholarships & Fellowships:

Boren Scholarships and Fellowships provide unique funding opportunities for US undergraduate and graduate students to study less commonly taught languages in the world regions critical to US interests: Africa, Asia, Central and Eastern Europe, Eurasia, Latin America and the Middle East. For additional information please visit the Boren Awards For International Study website.


(Video) COLLEGE FINANCIAL AID (negotiation, college grants, scholarships, fafsa)

The German Academic Exchange Service offers various scholarship opportunities to study in Germany. More information can be found on their scholarship search website.

The website offers a list of a variety of scholarships for minority/low income students as well as a general list for anyone.

IIEPassport Study Abroad Funding:

This valuable funding resource allows you to search by country or subject to find the study abroad funding information that you need; an online directory of scholarships, fellowships, and grants designed to help students study outside the United States.

The website provides a list of scholarships specifically for those who wish to study abroad.

(Video) FAFSA Scholarship: Who It's For, How To Apply & More

The Foundation for Global Scholars

The Foundation for Global Scholars (FGS) is a 501(c)3 nonprofit organization, serving US undergraduate, graduate, and professional students pursuing accredited study abroad programs. Through scholarships for international study, we empower globally minded college students who want to make an impact. We support global changemakers and we help our nation’s future workforce become better prepared for the fast-changing global marketplace and interdependent world. FGS awards scholarships to US citizens studying abroad, three times annually. Scholarships are valued at $2000.

Fund for Education Abroad

Applicants must be US citizens or permanent residents currently enrolled as undergraduates in US universities/colleges who plan to study abroad for at least four weeks (a minimum of 30 days). Fund for Education Abroad awards are intended to support students planning to participate in high-quality, rigorous education abroad programs in the academic year or summer . The financial support for these scholarships up to $10,000, is provided by generous donors, who are committed to increasing study abroad opportunities for dedicated American students.

Other Sources:

Financial Aid

Check out the Financial Aid Worksheet.

Fall, Spring and Full Academic Year Programs

  • Federal aid - All Federal aid with the exception of work-study is able to be used towards a study abroad program.
  • State aid - All state aid with the exception of tuition waivers can be used towards a study abroad program.
  • Need based institutional aid - All need based aid is currently able to be used towards a study abroad program.
  • Merit based institutional aid - All merit based aid except for tuition waivers are able to be used for one semester of a study abroad program.
  • Other - Most private scholarships will be able to be used towards a study abroad program.
(Video) Understanding Financial Aid and Scholarships


How would you describe your financial situation for a scholarship? ›

Briefly Describe your Financial Need for this Scholarship

I am in need of financial assistance in order to attend college because I am a low-income student. I am the 1st child to attend the college. Although my parents gave me many supports, I received a limited financial assistance due to low family income.

How do you answer the question how will this scholarship help you? ›

1. How will this scholarship help you? You should answer this scholarship essay prompt by explaining how the award money will help you in at least one of the following ways: financially, professionally, and/or academically.

Why do I deserve this scholarship essay examples? ›

I believe I deserve to be selected for one of your program's scholarships because I am a hard-working student and I will commit myself to effectively take advantage of the opportunity that the scholarships will provide me. Besides this, I constantly try to improve my community by doing volunteer work.

How will this scholarship impact your life and career answer? ›

This scholarship will help by lowering the costs of college and the amount of hours I'll need to work throughout my studies. This way, I'll be able to continue with my academic achievements. It will also give me time to find an internship.

How do you answer why I should win this scholarship? ›

Tips for writing a “Why do you deserve this scholarship?” essay
  1. Explain how the scholarship money would contribute to your long-term goals. ...
  2. Focus on the purpose of the scholarship. ...
  3. Don't be afraid to promote yourself. ...
  4. Use a thesis statement, just like you would with any other essay.
3 Aug 2022

How do I explain why I need financial aid? ›

Justify why you are seeking aid.

Explain the difficulties you are having meeting your needs. Describe changes in your life that have affected your ability to pay for college. For example, changes in your family's income or unexpected expenses may have caused a financial deficit.

How this scholarship will benefit me? ›

Personal Benefit

A scholarship can make a big difference in your education. The money from a scholarship helps by allowing you to be more selective in how you spend your free time. You'll be able to maximize the college experience through service-learning, volunteer opportunities and internships.

How a scholarship will help me achieve my goals? ›

Freedom to Study and Academic Achievement

Lessened financial stress means more time and energy to study. Students who receive scholarships don't have to work to support themselves or have to work less than those without any financial support. More time to study, in turn, means higher academic performance.

How do you write a good personal statement for a scholarship? ›

While there is no one correct way to write a personal statement, here are some tips that are universally applicable:
  1. Start on your personal statement early. ...
  2. Be clear. ...
  3. Get personal. ...
  4. Make it authentic. ...
  5. Be careful with humor and clichés. ...
  6. Be reflective. ...
  7. Use specific examples to illustrate your ideas.
29 Jul 2022

Why do I deserve the scholarship? ›

Share what you plan to do with the scholarship award

Why you are deserving doesn't just have to do with your past achievements; it also has to do with your future plans and goals. Scholarship providers want to fund students who will go on to achieve great things or who wish to give back to their communities.

How do you write a 500 word scholarship essay? ›

How to Write a 500 Word Essay
  1. Start with an outline.
  2. Applying the outline to an example.
  3. Deciding on how many examples to use.
  4. Don't worry about the word count in your first draft.
  5. Don't forget to proofread!
26 Apr 2022

How do you prove financial need for a scholarship? ›

Make sure you describe your parents' occupation, any savings (like a 529 College Savings Account), and any student jobs. You might also discuss any sudden changes in fortune (e.g. parent fell ill or lost their job) that have ruined your original financial plans.

How do you answer future goals in a scholarship? ›

Writing tips for career goals scholarship essays
  1. Write about career goals that tie into the scholarship. ...
  2. Be precise about your career goals. ...
  3. Discuss how your education will help you achieve your career goals. ...
  4. If you mention multiple goals, indicate which one you feel most strongly about. ...
  5. Avoid cliché statements.
3 Aug 2022

What should you avoid in a personal statement? ›

7 Things to Avoid in Your Personal Statement
  • Whining. Don't whine in your essay! ...
  • Someone else is the hero. ...
  • Reads like a resume. ...
  • Lack of focus. ...
  • Leaves out personal growth. ...
  • Overcomplicated language. ...
  • Incorrect grammar or spelling.

How do you make yourself stand out in a scholarship essay? ›

Many scholarships have essay components, but don't let this deter you from applying.
8 Tricks to Writing Stand-Out Scholarship Essays
  1. Consider Your Audience. ...
  2. Create an Outline. ...
  3. Craft a Compelling Introduction. ...
  4. Be Concise. ...
  5. Avoid the Thesaurus. ...
  6. Edit, Edit, Edit.
28 May 2013

Is 200 words enough for a personal statement? ›

Dr Adrian Bell, Admissions Tutor, Engineering, UMIST Page 2 2 Your Personal Statement should be between 350 and 500 words in length and contain a number of paragraphs that link together in a logical, well-written style.

How would you describe a good financial situation? ›

Typical signs of strong financial health include a steady flow of income, rare changes in expenses, strong returns on investments, and a cash balance that is growing.

How would you describe financial ability? ›

Financial Ability means that ability to provide from current income, both cash and accrued, the funds necessary to meet current expenses, including debt payments and sound reserves, without invading or depleting capital.

How do you describe financial challenges? ›

Having financial problems means being unable to pay debts over the short or long term. Debt complicates financial management and limits purchasing power. Financial difficulties become a source of stress until all debts are paid.

What aspect of your financial situation do you want to improve on? ›

10 tips to improve your financial health
  • Spend less than you earn. No matter how much or how little you are paid, you may find it difficult to get ahead if you spend more than you earn. ...
  • Stick to a budget. ...
  • Pay off the credit card. ...
  • Have a savings plan. ...
  • Invest. ...
  • Understand your investments. ...
  • Review your insurance. ...
  • Update your will.

How do I say I am financially stable? ›

synonyms for financially stable
  1. firm.
  2. fit.
  3. solid.
  4. stable.
  5. able to pay.
  6. in the pink.
  7. out of the red.

What is your financial strength? ›

Financial strength encompasses the ability to generate revenue, have sufficient cash flow, financial competence, and return money to investors. Business owners care about financial strength since it's one of the main components of a successful company.

How do you show financial skills? ›

Evidence of financial ability includes but is not limited to:
  1. Family bank statements.
  2. Documentation from a sponsor.
  3. Financial aid letters.
  4. Scholarship letters.
  5. Letter from an employer showing annual salary.

What skills do finance students need? ›

7 Finance Skills That Will Have A Strong Impact On Your Career
  • Accounting skills. ...
  • Data management. ...
  • Cash flow management. ...
  • Mathematics. ...
  • Business intelligence. ...
  • Analytical thinking. ...
  • Financial management.
14 Jul 2022

What is your financial experience? ›

Financial Experience means past employment experience in finance or accounting, requisite professional certification in accounting, or any other comparable experience or background which results in the individual's financial sophistication, including being or having been a chief executive officer, chief financial ...

Why do students face financial problems? ›

Perhaps they have no savings because they have used up all their savings and do not want to borrow from others because of anxiety to burden themselves with debt. Perhaps they are also reluctant to take part-time jobs because they do not want to affect their academic performance.

How can students overcome financial problems? ›

Cut Back on Expenses

If not, start doing so immediately. Try to remember all of the more or less important expenses of the recent past. Think about all the things you usually tend to spend money on. Then go through them point by point and ask yourself if you can eliminate each, or at least severely reduce it.

What are the effects of financial problem to students? ›

When a college student is having an ongoing financial stress, it will affect their personal life such as sleep problems where they worry about their financial statue and could not fall into sleep. Financial problem will also affect college student mental health such as facing depression and anxiety.

What is your biggest financial goal? ›

Long-Term Financial Goals. The biggest long-term financial goal for most people is saving enough money to retire. The common rule of thumb that you should save 10% to 15% of every paycheck in a tax-advantaged retirement account like a 401(k) or 403(b), if you have access to one, or a traditional IRA or Roth IRA.

What are your three most important financial goals right now? ›

Examples of different types of financial goals include:

Create a budget. Save for retirement and other long-term plans. Save for short-term and mid-term plans. Pay off debt.

What are the best ways to achieve your financial goals? ›

Reaching those milestones starts with setting clear financial goals.
  1. Define your goal clearly. A goal is the first step that sets you on a path. ...
  2. Identify your time frame. Categorizing your objectives by short-term, medium-term, and long-term financial goals provides focus to your plan. ...
  3. Monitor your progress.


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