Financial Aid Action Steps for Summer
Study Abroad
FINA 2085-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 . . . . . . . . . . . . . . . . . . . . . . . $ ____________
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 . . . . . . . . . . . . . . . . . . . . . . $ ____________
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 summer study abroad program,
you are required to first complete and submit the summer financial aid application. This form is posted to the
financial aid website in mid-March.
Investigate study abroad scholarships in the Financial Information section of 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 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.
• 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 summer term.
