Scholarships and Financial Aid Financing your Study abroad experience Preparing to study abroad requires advanced planning and organization. Understating how scholarships and financial aid can be used to help finance a study abroad experience is an important and informative step to ensure that you are selecting the best study abroad option for you. Hamline students are encouraged to review the following financial information provided for each specific study abroad term. For specific questions, students should schedule an initial advising appointment with a Study Abroad Advisor to individually discuss program costs, additional expenses, and financial aid, before applying to a study abroad program. Semester Programs: Group A: Hamline Exchanges, ISEP Exchange (no cap on numbers) All Hamline, State, and Federal grants and scholarships apply towards program cost Tuition exchange does apply Group B: York, Cologne, IES, HECUA, NTI, Washington Semester Limit on the number of students who can have Hamline grants/scholarships apply towards program cost Tuition exchange does not apply Group C: All other programs listed on the Hamline Studio Abroad site Charged the program cost OR the Hamline study abroad flat rate – whichever is the greater of the two Must justify choice of program in application essays No Hamline institutional scholarship or grant aid applies toward program costs Federal & State grants apply towards the program cost; any awarded program scholarships will apply towards the program cost Tuition exchange does not apply Short Term(J-Term/May Term): Charged the advertised program cost; airfare, meals, accommodation costs may be additional Semester aid does not apply towards the program cost Typically no scholarship opportunities, but loan opportunities typically available Summer: Charged the advertised program cost and will NOT be charged for Hamline credits in addition; airfare, meals, accommodation costs may be additional Financial aid (typically in the form of loans) may be available; meet with financial aid to determine type of loan Outside scholarship opportunities Graduate: Charged semester tuition as well as the advertised program cost; airfare, meals, accommodation costs may be additional HSB students should review information on the Holt Endowed Fellowship; loan opportunities typically available as well Program Cancellation Consequences: Choosing to cancel from your chosen study abroad program after you have confirmed your participation on a program will have financial ramifications, and may also affect the financial aid you've been awarded to study abroad. Students should read the Withdrawals, Cancellation, Termination, and Refund policies for their selected study abroad term before making any decisions to withdraw from your program. Students’ financial aid will not cover any cancellation fees or non-recoverable costs. Scholarship opportunities Holt Endowed Fellowship Award Amount: Varies Eligibility: Undergraduate and Graduate Hamline School of Business students studying abroad on any program. The Holt Endowed Fellowship provides financial support to make meaningful learning experiences possible for Hamline School of Business undergraduate and graduate students. The fellowship is awarded to those whose academic pursuits demonstrate commitment to deepening their understanding of global citizenry, increasing their multicultural competencies, and immersing themselves in the ideas, customs, and languages of other cultures. See the Holt Endowed Fellowship information on the Hamline website> GILMAN SCHOLARSHIP Award Amount: up to $5,000 (up to $3,000 for summer programs) Eligibility: Undergraduate U.S. citizens studying abroad for a semester, academic year, or summer (at least 4 weeks in one country), who receive federal Pell Grant funding. This program is sponsored by the Bureau of Educational and Cultural Affairs at the U.S. Department of State. Award recipients are chosen by a competitive selection process and must use the award to defray eligible study abroad costs. These costs include program tuition, room and board, books, local transportation, insurance and international airfare. Students who receive the Gilman Scholarship are now eligible to receive an additional $3,000 Critical Need Language Supplement from the Gilman Program for a total possible award of up to $8,000. Critical Need Languages include Chinese, Japanese, Korean, Russian, and Arabic. Visit the Gilman website > BOREN SCHOLARSHIP Award Amount: up to $20,000 for Academic Year (up to $10,000 for Semester or $8,000 for Summer) Eligibility: U.S. Undergraduate studying for a semester or academic year outside of Western Europe, Canada, Australia, or New Zealand. Boren Scholarships promote long term linguistic and cultural immersion, and therefore study abroad proposals for two or more semesters are strongly encouraged. Preference will be given to undergraduate applicants proposing a full-year academic study. Summer-only programs must be eight weeks or more and are limited to science, technology, engineering, and mathematics (STEM) students. Boren Scholarships are awarded with preference for countries, languages, and fields of study critical to U.S. national security. Preference is also given to students who will study abroad for longer periods of time, and who are highly motivated by the opportunity to work in the federal government. In exchange for scholarship funding, all Boren Scholars must agree to the NSEP Service Requirement, which stipulates that an award recipient work in the Federal Government in a position with national security responsibilities for at least one year. Boren Scholars must begin fulfilling the service requirement within three years of graduating. Visit the Boren website > ROTARY FOUNDATION AMBASSADORIAL SCHOLARSHIP Award Amount: $27,000 for full year study abroad Eligibility: Applicants must have completed at least two years of university or college course work and must initially apply through a Rotary club located in the area of their legal or permanent residence, or place of fulltime study or employment. The Foundation is a not-for-profit corporation supported solely by voluntary contributions from Rotarians and friends of the Foundation who share its vision of a better world. The purpose of the Ambassadorial Scholarships program is to further international understanding and friendly relations among people of different countries and geographical areas. The program sponsors academic year scholarships for undergraduate and graduate students as well as for qualified professionals pursuing vocational studies. While abroad, scholars serve as goodwill ambassadors to the host country and give presentations about their homelands to Rotary clubs and other groups. Upon returning home, scholars share with Rotarians and others the experiences that led to a greater understanding of their host country. Visit the Rotary website > SCHOLARSHIPS FOR STUDY IN GERMANY German Academic Exchange Service (DAAD): Awards scholarships to highly qualified undergraduate students for study abroad, university language or summer courses, senior thesis research and/or internships in the Federal Republic of Germany. SCHOLARSHIPS FOR STUDY IN JAPAN Bridging Scholarships: For study abroad in Japan. Undergraduate students of any major are eligible to apply. The awards are typically $2,500 for semester-long programs or $4,000 for academic-year programs. Morgan Stanley Japan Scholarships: Awards two $7,500 scholarships to US students who will be studying in Japan for the academic year to augment its contribution to the Bridging Project for Study Abroad in Japan. Eligible students include juniors and seniors at US universities with an interest in economics and international finance who have been accepted for study in Japan. Winners may also be considered for internships at Morgan Stanley Japan’s Tokyo headquarters. Japan Student Services Organization: Available for qualifies international students already accepted by Japanese universities or graduate schools for a semester or year.