16th August 2012
…With foreign-transaction fees on credit cards, stiff fees on ATM withdrawals and loopholes in health insurance, families ought to consider more than transportation and the weather as they plan.
Money is an important thing to consider when studying abroad… not just the up-front costs of studying abroad, but also learning about world currencies, exchange rates, etc. Study up before you go!
26th April 2012
Link with 1 note
It goes without saying that unless you’ve been saving up money since birth, you’ll need some support in your decision to go abroad. Of course you may be personally financing with loans, but it’s still good to do some personal PR and get the decision makers on-board with your desire for international study (this is also an incredibly useful exercise if you plan on a career in sales, if you can pitch this, you can pitch anything).
Here are some tips for making the study abroad “pitch” to your parents or anyone else who might help you finance your study abroad experience. Do your research!
12th February 2012
Post reblogged from Around The World In Katie Days with 78 notes
If you are studying or traveling abroad, it’s super important that you let your bank know. I went to Spain a few years ago and had my ATM/debit card shut off without any warning. Here’s a template of a letter you could give to your bank:
21st December 2011
Post reblogged from American Girl In An English World with 7 notes
You can pull money (pounds) out of an ATM from your account back at home. Sounds useful when you are fresh off the plane and need some cash and don’t want to travel with a wad of pounds on your person.
—> Previous posts can be found by clicking the ‘lessons learned’ tag below.
Before you leave to study abroad, check with your bank to see if they have a partnership with a bank in the country you’re visiting. It could save you money on international ATM fees!
10th October 2011
Link with 4 notes
“The biggest thing in study abroad, if budget is a big concern, is that the student plan ahead,” says Brett Berquist, executive director of the Office of Study Abroad for Michigan State University in East Lansing, Mich. “An awful lot of students, particularly in public schools, end up making the choice of study abroad toward the end (of their academic career). And when they wait that long, they often miss the opportunity to really compete for big scholarships.”
25th August 2011
Post reblogged from The Nubian Drifter [Tumblr] with 27 notes
One of the largest obstacles people face regarding travel is money. There seems never to be enough of it to spare. Almost daily I encounter people who have the desire to travel, but not the means. Or so they think. Travel can be done cheaply— on a shoestring budget— if planned correctly. It usually takes some strategizing, which means all avenues are typically well thought out in advance rather than on the fly. The content that follows will provide tips and tricks for that drifter who isn’t ballin’ just yet, but still wants to see the world….
Check out these tips for cheap(er) travel!