Funding Your Program

Table of Contents


Worried about your budget? Funding your program can be one of the most stressful parts about studying abroad. However, the links below will help guide you through the process.



Financial Aid Abroad

For more information about applying financial aid to a Veritas program, check out the USING FINANCIAL AID section.


Financial Aid Calculation Tool

The FACT is one of the most helpful tools in this section. Use the calculator to estimate how much of your program cost will be covered by your financial aid. Once your Verification of Award is completed, the calculator will help to determine and clarify your method of payment.


Estimated Additional Expenses

In order to financially prepare for your program, you should look at our list of ESTIMATED ADDITIONAL EXPENSES. This list will give you an idea of expenses not covered in the program cost. Living expenses vary by city and by housing option, so it is important to look at all of your options before deciding which program is right for you.


Payment Methods

If you're not using financial aid, the program price must be paid in full by the final forms and payment due date. ISA's PAYMENT METHODS page explains the different ways to pay for your Veritas study abroad program.


Scholarships & Grants

Scholarships and grants are financial aid that does not have to be repaid. For information about Veritas Scholarships and Outside Scholarships, please see our SCHOLARSHIPS page.


Fundraising Resource

This handy website helps you create an online campaign to RAISE FUNDS FOR YOUR PROGRAM abroad.


529 Plans & Prepaid College Saving Funds

  • Veritas is happy to accept any funds that are applicable to the study abroad program. However, the rules for the use of funds from 529 and college savings accounts vary by provider and by home university.
  • We have had a number of families who have found that there would be no issue in the 529 provider releasing funds to them for payment of the program (with or without a Title IV federal school code) and some others who found that the funds could only be used if applied through the US university (which may or may not be able to assist with the process).
  • Should the 529 provider require a Title IV federal school code, you may want to speak with your US university about whether they would be able to process the funds for use towards the ISA program at an overseas university.
  • If you have additional questions, please contact for further information.

GI Bill & Veterans Benefits:

  • We have had a number of students use Veterans Benefits/GI Bill to pay for a portion of their study abroad program with Veritas. This process seems to be determined by the student's US university, as we have also had some students who have determined with their home university that the benefits are not payable for their term abroad.
  • The Veterans Affairs Office, the Financial Aid Office, and the Study Abroad office will need to collaborate in order to determine if and how the benefits available will transfer to the study abroad program.
  • A recent posting regarding the use of the GI Bill funds for study abroad stated that "the student must be enrolled in courses that will apply to the student's program. In this case, the VA can pay the cost of the home school's tuition up to the in-state maximum, and can pay a monthly stipend for room and board, as long as the student is enrolled for more than half-time, as well as a stipend for books and supplies. The VA can only cover the cost of any fees specific to study abroad (such as study abroad administrative fees, airfare, etc.) if the study abroad is mandatory for the student's program. Benefits are only payable up to the benefit payment tier for which the student is eligible."
  • Veritas recommends the student visits the Veterans Affairs office on campus or contact the regional representative to inquire about applying GI funds to the ISA program of interest.

Payments may be made using any combination of checks, debit cards, and credit cards.