Financial Aid Action Steps for J-Term
Study Abroad
FINA 2090-C 3/19
Calculate your cost for _________________________________
(Name of Program)
Upon acceptance to your program, obtain the billable and estimated out-of-pocket costs for your program. This information
can be found at www.stthomas.edu/studyabroad/costs, or from your program provider’s website. Obtain your financial aid
information* from Murphy Online. Do the math below.
J-term Spring term Total
1. Your total billable costs. . . . . . . . . $ ____________ ______________ _____________
(tuition, fees, campus
housing or meal plan)
2. Your total financial aid for the term . . $ ______________ _____________
(Obtain from Murphy Online;
exclude work-study)
3. Amount you will owe to St. Thomas . . $ ____________ ______________ _____________
(subtract line 2 from line 1)
4. Your out-of-pocket costs . . . . . . . . $ ____________ ______________ _____________
(off campus housing
& personal expenses)
5. Your total cost not covered by aid . . . $ ____________ ______________ _____________
(add lines 3 & 4)
*NOTE: To apply for funding (including loans) to support the cost of your J-term study abroad program, you are required to
first complete and submit the J-term financial aid application. This form is posted to the financial aid website in November.
Investigate study abroad scholarships in the Financial Information section on the St. Thomas study abroad website and your
program’s website.
Should I meet with a financial aid counselor?
Schedule an appointment with our office 2-3 months before your departure if:
• based on your calculations above, you will need additional loan funding to pay for your studies abroad, and you require
more information about loan options or the loan application process
• you are a recipient of Veteran’s benefits, tuition remission, ROTC or any full-tuition scholarship
NOTE: In order for our counselors to best serve you, you must bring this completed document AND the itemized cost
information for your program to your appointment. Contact the financial aid office at (651) 962- 6550 to schedule the
appointment.
Deposits and billing information:
• Submit all required deposits to your program.
• Your St. Thomas account will include your study abroad program charges such as tuition, fees, accommodations and
meals. J-term tuition will be charged at the rate for 3 St. Thomas undergraduate credits, or your program’s tuition charge,
whichever is greater. Visit stthomas.edu/studyabroad/costs for billing details.
• A St. Thomas Off-Campus Study Fee, a UMAIE course fee and any required insurance will be charged to your student
account. Obtain the Off-Campus Study Fee and UMAIE fee rate at www.stthomas.edu/businessoffice/students/tuition.
Visit www.stthomas.edu/studyabroad/healthandsafety/insurance for insurance details.
• Grant and scholarship funds will credit to your account before the start of the spring semester and loan funds will arrive
about two weeks after the start of the semester. Be prepared to pay in advance or on-site for any out-of-pocket expenses.
eRefunds are issued by the university’s business office approximately one month after the start of the St. Thomas spring
semester.
