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How to Raise Money for Your Study Abroad Trip

Study Abroad FinanceAre you considering not studying abroad because you think you can’t afford it? If so, it’s time to change your perspective.

Studying abroad is a wonderful adventure that students with all different majors, interests and personalities can enjoy. For many it is a life-changing experience that encourages growth as a person and a future professional.

So how can you make a study abroad program part of your education? Start raising money now. There are a variety of ways to raise the money you need to go on your trip. Below is our list of some of the most effective methods out there.

Tried and True Fundraising Tips

  • Apply for grants/scholarships through your school. This is an obvious place to look for study abroad funds. Make sure you’re aware of all the money your school is offering, and apply to everything.*
  • Have a yard sale. Get rid of your old stuff and make some money for your trip. It’s the ultimate win-win situation.
  • Organize a bake sale. Contact a local business and ask if you can set up your stand in front of their building. It can benefit them because you could attract business to their door, and you can take advantage of a prime fundraising location.
  • Leverage the value of your experience. You may be able to get support from community groups, alumni associations and local places of worship if you offer to give a presentation when you get back from your trip.
  • Utilize the power of social networks. Send email chain letters, post information on Facebook, and Tweet about your fundraising goals. The more people in your social network that you can get involved, the better chance you have of spreading your message far and wide.
  • Save your money. Start by tracking your expenses, and making a budget. You’d be surprised at how much that daily cup of coffee, or weekend night out, or extra shopping trip adds up. Plus, that budgeting can come in handy while you are studying abroad.

A study abroad program could be an investment in your future, so it’s important to take the time to raise sufficient funds for it. Even if you don’t raise enough money to cover the cost of your trip, there is a chance you could put a dent in it.

Remember, the possibilities don’t stop here. You can be as creative as you want. Find something to sell door to door, organize a car wash, set up a booth at a local fair, or offer to do dog walking/babysitting for your neighborhood. Tried and true methods like picking up extra shifts at your job and staying in a few weekends a month can also help you save extra money for your trip.

No matter how you choose to fund-raise, be sure to make the effort. Studying abroad can be a valuable experience.

This article is presented by American InterContinental University. Contact us today if you’re interested in an opportunity to develop knowledge and relevant skills with an industry-current degree program from AIU.

*American InterContinental University’s grants or scholarships are based on established criteria as published in the University’s catalog and are awarded after verification that the conditions of eligibility have been met.