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Financing Your Study Abroad Experience

The number one barrier to studying abroad is financial. With the right planning and motivation, you can afford it. Savings, student loans, scholarships, and fundraising are excellent options to finance your study abroad experience.

Study abroad scholarship opportunities

One World Ƶ Scholarships$2,000-$5,000

ճoffers these scholarships to supportoutgoingstudy abroad students.

Form

Eligibility

Deadline

  • ongoing

Premier's Ƶ Scholarship$8,000-$12,000

ճoffers this scholarship to supportoutgoingstudy abroad students.

Form

Eligibility

Deadline

  • Opens January 2025

Student loans

You may qualify for a BC student loan. There is a specific process for study abroad students who would like to receive financial aid, so please contactFinancial Aid & Awardsdirectly.

Budgeting resources & tips

Understand the costs of studying abroad and start saving today. Have a back-up plan and budget higher than expected to plan for emergencies and last-minute trips. Here are some additional tips and resources to help you get started:

  • Budget worksheet.This worksheet is specific to exchange students but can be a good reference point for other programs.
  • .Know the currency conversion to get a better understanding of costs.
  • .Search your destination country on the Lonely Planet website. You can find information on money and costs, getting around, and more.
  • Exchange student reports.Contactoutbound@camosun.cafor reports from past exchange students, which include an overview of their monthly budget.
  • Ƶ students on campus.Ƶ hosts students from all around the world, includingincoming studentsfrom our partner institutions. We can connect you with them to learn more about their country, expected costs, and more.
  • Fundraising and gifts.Your friends and family want to help you! Consider using online fundraising programs like,,and.For special occasions, request monetary gifts. Be creative and don’t forget to say "thank you" with a postcard or souvenir from abroad.