Financial Aid Actions Steps for
Full Academic Year Study Abroad
FINA 2095-C 2/19
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.
1. Your total billable costs
Enter either the rate for 24 St. Thomas undergraduate credits,
or your program’s tuition charge, whichever is greater . . . . . . $ _____________
Enter all other billable program charges . . . . . . . . $ _____________
Add together to equal your total billable costs . . . . . . . . . . . . $ ____________
2. Your total financial aid for both semesters . . . . . . . . . . . . . . . $ ____________
(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. . . . . . . . . . . . . . . . . . . . . . . . . .$ ____________
5. Your total cost not covered by aid . . . . . . . . . . . . . . . . . . . . $ ____________
(add lines 3 & 4)
NOTE: If the total cost of your program is less than a year on campus, your financial aid may be reduced.
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 student account will include your study abroad program charges such as tuition, fees, room
and board. Visit stthomas.edu/studyabroad/costs for billing details.
• A St. Thomas Off-Campus Study Fee and any required insurance will be charged to your student account. Obtain the
Off-Campus Study Fee rate at stthomas.edu/businessoffice/students/tuition. Visit stthomas.edu/studyabroad/
healthandsafety/insurance for insurance details.
• Just as if you were in classes at St. Thomas, grant and scholarship funds will credit to your account before the
start of the St. Thomas 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 St. Thomas
business office approximately one month after the start of the St. Thomas semester.
