<p>This is with reference to an article that I read on USNews which was written by a prof from Columbia University. </p>
<p>Here is the link to it: (Consider</a> Study Abroad to Save Money on College - US News and World Report) </p>
<p>I searched on the websites of some universities, I discovered that they charge their own original tuition fees even if we opt for study abroad program. What to do then, to go for study abroad opportunities and yet save on tuition ?</p>
<p>Not true. I’ve been researching study abroad programs for a while now, and it’s more common for home schools to NOT charge home tuition and instead allow students to pay the study abroad program it’s fees directly. And, sometimes the program fees are even less than the home school costs would have been! Also, a lot of home schools allow students to transfer at least part if not all of their financial aid toward the study abroad experience.</p>
<p>Unfortunately studying abroad from the US to somewhere else gives you the worse deal. You have to pay home tuition fees, which are private universities is higher than anywhere else in the world.</p>
<p>I studied abroad to save thousands of dollars going to the US. The good programs should make you exempt from your home institution fees, as well as the university you are going to, and on top of that give you scholarships/funding for the year.</p>
<p>If you can please tell a bit more… I am not able to conclude anything !!</p>
<p>In addition to what others have said, don’t forget that the living costs in many countries are far lower than in the USA</p>
<p>Some colleges wont let you to direct enroll. I work with a Dad who could have saved thousands (his son was at Macalaster) but he had to pay his regular tuiton. I read Brown wont take credits from students if they don’t pay their regular tuiton so that might be something to look at ahead of time.
My daughter’s went abroad, one on her own, one with her school. We did get a discount on Board with the latter, since she didn’t have a meal plan. I sent some of that money to her to shop and cook on her own. Where she was, England, things weren’t really cheaper, but she learned ways to save money. She also had a liason at her UK college that took her and another student from her college on trips, dinners, etc. It didn’t make up for the money spent, but was nice to help them get out and afford some more pricey attractions.</p>
<p>Have a look at budgetstudyabroad.com - there are some articles on it that deal with cost and stuff. I didn’t see anything on the site that directly mentioned how US universities charge or don’t charge for study abroad, but I thought that some of the stuff on the website was interesting. </p>
<p>From what I have gathered, most US universities charge something similar to their home tuition - my guess is that they want to keep as much of the money as possible that they get from their students, so prices to study abroad stay high. Universities have a lot of bills to pay, so, even though they’re not for-profit businesses, they are “profit seeking” - need enough money to pay their expenses and to fund research, etc.</p>
<p>I’m not an expert on it, but one time I was looking for a job in the study abroad industry, and the job descriptions posted by US universities kind of hinted at what goes on behind the scenes.</p>
<p>Anyway, different universities seem to do different things. Some charge the same tuition, some are stingy about credits, and others are more flexible. Some universities even let you take a semester off (while still being matriculated at the school) and they let you do your own thing.</p>
<p>Does anybody have any information on how US universities decide how to charge for study abroad? I have been wondering about that for some time - I even thought about reading up on public finance (as closely related to universities as possible) to get an idea of how US universities work in that regard.</p>