Costs & Financial Aid
Study Abroad program costs vary by type, destination, and duration. All study abroad programs carry an additional $100 Study Abroad Fee, billed to the student's account at Pace. (The Study Abroad Fee covers student graduation sashes with the flag of their specific study abroad country and administrative fees.)
The cost of tuition is determined by the following program-specific guidelines:
Fall & Spring (Semester or Academic Year)
Exchanges - students pay Pace tuition. 100% of scholarships and financial aid are applied to the tuition bill. Housing is not included and paid by the student directly to the school abroad.
Partners - students pay Pace tuition and may use up to $10,000 of scholarships, along with all of their financial aid. Housing is not included and paid by the sutdent directly to the school abroad.
Other programs - billed on a case-by-case basis. Contact Education Abroad for a tuition bill breakdown. Housing is not included and paid by the student directly to the school abroad.
Summer & January
Cost is determined by and paid to the program through which students are travelling. Students are not billed Pace tuition.
*See below for information about Summer programs and Financial Aid implications.
Each Faculty-Led course has a specific Program Fee that is in addition to Pace tuition. The $500 non-refundable deposit is paid to Pace through the student's Study Abroad application, which is in addition to the normal Pace tuition costs for the course.
Refund & cancellation policy
For Faculty-Led Programs: The $500 non-refundable program deposit and the $100 study abroad fee are non-refundable, unless the program is cancelled by Pace. If the student withdraws from the course after the drop/add period, they are subject to Pace University Tuition Cancellation Policy according to the Tuition Cancellation Schedule.
For Semester programs: The refund and cancellation policy is program-specific. For Exchange Programs, refer to the Tution and Fees policies outlined in the Pace academic catalog as these policies apply.
For all other programs, refer to the policies specified by your host institution abroad or third-party program provider.
Financial Aid may be able to assist you in financing your study abroad experience.
For students with a valid Free Application for Federal Student Aid (FAFSA) on file, additional loan options may be available to you.
Once you have identified which study abroad program you would like to participate in, and a study abroad budget sheet has been provided by Education Abroad to Financial Aid, you may contact the Financial Aid Office directly at firstname.lastname@example.org (cc: email@example.com) to learn more about your financing options.
There are no other opportunities for funding offered through Pace Financial Aid for study abroad. See here for Scholarships which apply to Study Abroad.
*Summer study abroad programs and Financial Aid:
- Students must submit a summer financial aid application.
- Students are only eligible for loans, and if they use those loans for Study Abroad their loan eligibility will likely be impacted for Fall semester.
- If students are Pell Grant eligible, the summer financial aid counselor can process their Pell Grant eligibility.
- Students cannot receive Pace institutional aid for summer study abroad.
- Log into the Pace Portal (portal5.pace.edu)
- Click Students tab on the left-hand side of the screen
- Click Financial Aid System (5th option from the top)
- Click Award (3rd option from the top)
- Click Award for Aid Year – Review Award and Accept Award Offers (2nd option)
- Select relevant “Aid Year”
- Click Award Overview (2nd tab at the top)
- Scroll down to the second spreadsheet: "Financial Aid Award by Term for the Award Year 2018-2019"
- You should now see your Financial Aid awards
- Carefully review your Financial Aid awards to best determine which type of study abroad program you should enroll in: (a) Exchange Program abroad, or (b) Partner Program abroad – keeping in mind that a maximum of $10,000 of Pace scholarships and grants per semester applies to Partner Programs (for up to two semesters).
The Bottom Line
Don't let costs deter you. Participating in study abroad is an investment in your future and involves advance planning, as well as careful time and money management. Financing your experience is an integral part of that investment. The personal, academic, and professional rewards will last a lifetime. Visit our scholarships page for information on ways to finance your study abroad experience!