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Funding

The cost of studying abroad varies depending on the program. There are programs that are cheaper than studying at VCU for a semester and programs that are financially comparable to studying on the VCU campus for a term. Federal financial aid, institutional scholarships, and more can be used to pay for your study abroad program.
 
Explore Our Funding Pages:

If you have any questions about paying for study abroad, please do not hesitate to contact our office at abroad@vcu.edu or (804) 827-7882. Our office is committed to ensuring that finances do not prevent students from considering international opportunities.

This portion of the website gives detailed information on financing options for study abroad. You may also find this guide from Diversity Abroad helpful for tips on making study abroad affordable.

Note: Study abroad students who receive the deans, provost, or presidential scholarships must notify Kittinun Wongsirikul at VCU Office of Admissions, through email at wongsirikulk@vcu.edu or phone 804-828-6528, prior to their departure. Notifying VCU Office of Admissions prior to departure will ensure the timely disbursement of institutional scholarships.

VIRGINIA PREPAID TUITION

The Virginia Prepaid Education Program — VPEP — will make payments to foreign schools that meet the federal definition of an eligible educational institution. Contact us toll free at 1-888-567-0540 to determine whether VPEP payments to a specific foreign school qualify under Section 529.
If the student is studying abroad through a program sponsored by an eligible educational institution located in the United States and Virginia College Savings Plan is invoiced from that qualified institution, the payout will be the same dollar amount that VPEP would pay if the student were attending that institution domestically. Any differential in the costs to study abroad will be the student’s responsibility and will not be covered by VPEP. For more information regarding VPEP, please contact the organization directly at 1-888-567-0540.

 

DC TAG

The DC Tuition Assistance Grant Program — DC TAG — expands higher education choices for District of Columbia residents by providing grants of up to $10,000 toward the difference between in-state and out-of-state tuition at public four-year colleges and universities throughout the United States, Guam and Puerto Rico.
The grant also provides up to $2,500 per academic year toward tuition at private colleges in the Washington, D.C. metropolitan area, private historically black colleges and universities (HBCUs) nationwide and two-year colleges nationwide. DCTAG is neither need nor merit-based. Please visit the DCTAG website for more information.
Students who are enrolled in the study abroad program must meet the criteria outline below, or they will not be eligible to receive DCTAG funding. There should not be any difference between the students enrolled in the study abroad program and those who are taking classes on campus. Please contact the office directly to answer any questions.
The study-abroad program is eligible only if all of the following conditions are met and confirmed by your institution.
  • Tuition is paid directly to the university, not the study abroad program.
  • There must be both an in- and out-of-state tuition charge.
  • There cannot be a “flat” tuition cost for enrollment in the program.
  • There cannot be a transfer of academic credit(s) back to the university.
  • Students must be considered as being directly enrolled at the university.
 

GI BILL

If using the GI Bill or any other forms of military benefits, these benefits may be used towards your study abroad. Please contact VCU Education Abroad at abroad@vcu.edu to discuss this process. 
 

Direct Billing Conditions: 

If you intend to use a source of funding to cover your study abroad costs that is restricted to disbursement to your VCU account only, like: VA 529 prepaid tuition, GI Bill, or other external funding sources, please read below. 
  1. Your host institution or study abroad program provider will need to invoice VCU Education Abroad for your study abroad costs.  VCU will then pay the invoice on your behalf and charge you for the invoiced amount through VCU Student Accounting. You will be responsible for having your host institution or study abroad program send VCU Education Abroad the invoice at abroad@vcu.edu by the deadline as follows:
    • Winter or Spring Abroad: Invoice required by December 1
    • Summer Abroad: Invoice required by May 1
    • Fall or Full-Year Abroad: Invoice required by August 1
      2. Once your study abroad invoice is received by VCU Education Abroad: You will be billed by VCU on your VCU student account for the invoice amount and              are responsible to pay the balance by the deadline. Please note that aid may disburse before or after your charges appear. 
  • If you use VA 529 prepaid tuition funds: You will need to contact VCU Student Accounting to have VA 529 prepaid tuition funds disbursed to your VCU account once the charges from the invoice have been posted.
  • If you use GI Bill funds:  You will need to contact VCU Military Support Services to ensure that you are studying with an eligible institution and to have GI Bill funds disbursed to your VCU account once the charges have been posted.