Can I use my financial aid to study abroad?
Yes. If you are currently receiving some form of merit scholarship or need-based financial aid, that aid, minus the money you earn from working on campus, may be applied to a Davidson approved study abroad program during the academic year (fall/spring).
The portion your family is expected to pay remains the same, and the Financial Aid Office adjusts the amount of aid you receive to help you pay the rest. So if your programs costs are less than Davidson, your aid amount also will be less. If your program costs are more than Davidson, your aid amount (minus what you receive from working on campus) will be the same as the amount you would receive being on campus.
International students are allowed to use Davidson financial aid to participate in a Davidson approved study abroad program during the academic year. However, international students will not be able to use their financial aid to participate in programs in their home country.
For more information regarding how your financial aid package can transfer to your study abroad program, please read the student financial assistance information for external study form.
Do I need to pay tuition to Davidson and my third party provider program while I am abroad?
No. You only pay for the costs of your third party provider program plus a $350 nonrefundable administrative fee for students studying with an approved third party provider program during a fall/spring/academic year term. The $350 nonrefundable administrative fee is billed to your student account when you submit the Leave form (see the Application Process section for detailed Leave form instructions).
Please note: There is a $250 penalty if a student submits the Leave Form after March 15 for the fall semester/academic year or after November 1 for the spring semester. There is a $500 penalty if a student submits the Leave Form after June 15 for the fall semester/academic year or after January 1 for the spring semester.