Are ASA’s programs affordable?

Yes! If you compare various study abroad programs and what is included with each, you will find that ours are some of the most affordable programs available. When you’re comparing prices, just be sure you’re comparing apples to apples – it’s essential to compare what is included with that price rather than simply the price itself.

For a list of what is and is not included with the ASA program fee, please click here.

For an estimate of the total costs of studying abroad or for a list of Costs of Attendance for financial aid purposes, please click here.


Many of our students receive federal financial aid at their home institution and use that to help pay for the ASA program. ASA will accept any type of financial aid, grants, scholarships, or loans that you receive to help pay for any of our academic programs. However, it is ultimately up to the aid provider to decide if you can use it to study abroad. Most colleges and universities allow you to use your federal grants and loans, but not always institutional scholarships and grants. Federal financial aid includes Pell Grant, Stafford Loan, and Parent Plus Loan.

Students can defer any portion of their ASA program fees that is covered by financial aid and pay it to ASA within 10 days of receiving your disbursement, as long as we receive your completed Financial Aid Verification Form (FAV) by our Payment Deadline. To have your Financial Aid Office complete our FAV, you’ll need to go through some steps. Here is a step-by-step guide!

Step 1: Begin your home institution’s study abroad application and ASA’s application as soon as possible. Please note that your school’s study abroad application deadline may be EARLIER than ASA’s application deadline! Usually, you can work on both applications at the same time. Ask your Study Abroad Advisor about your financial aid options - they will be able to tell you what types of financial aid will apply and what steps you need to take with the Financial Aid Office.

If your school asks you for the “Budget” for your program or the “Estimated Costs of Attendance”, you can find that information by clicking here.

Step 2: Meet with your school’s Financial Aid Office several weeks before ASA’s Payment Deadline and have them complete ASA’s Financial Aid Verification Form (FAV). We advise you to begin Step 1 and 2 as early as possible, as it can take several weeks to complete your home institution’s study abroad application and have the FAV completed by your Financial Aid Office! At some institutions, you must first be approved to study abroad before you are permitted to meet with your Financial Aid Office.

Step 3: If a Down Payment is required for your ASA program, it must be paid within 1-2 weeks of being accepted by ASA, regardless of whether you plan to receive financial aid. Please see our FAQ page to find out which ASA programs require a Down Payment.

Step 4: Once ASA’s Financial Aid Verification Form (FAV) is completed by your school’s Financial Aid Office, it will specify how much financial aid you will receive. Subtract this amount from your ASA program fees balance, and if there is any portion of your ASA balance that is NOT covered by your financial aid, make arrangements to pay that portion by ASA’s Payment Deadline. Example: If your balance due to ASA is $10,000 and your FAV says that you are going to receive $8,000 in financial aid, $2,000 will be due by ASA’s Payment Deadline.

Step 5: When you receive your financial aid disbursement from your home institution, you will need to pay your remaining balance in full to ASA within 10 days of receiving your disbursement. Financial aid is usually disbursed shortly before or shortly after your ASA program start date. Example: The $8,000 you deferred must be paid to ASA within 10 days of receiving your financial aid disbursement from your home institution.

Additional Tips and Info:

  • If your school cannot complete your Financial Aid Verification Form by ASA’s Payment Deadline, you will need to submit a non-refundable $1,000 Down Payment in order to secure your space. Once we receive your $1,000 Down Payment, we will then be able to give you additional time to submit your Financial Aid Verification Form (FAV). Please be aware it typically takes at least 2 weeks for your Financial Aid Office to complete this form, so be sure to meet with your Financial Aid Office at least 2 weeks before our Payment Deadline!

  • If part of your financial aid is meant to cover your personal expenses while abroad, ask your Financial Aid Office what the disbursement date will be. Financial aid is sometimes not disbursed until possibly a month or two after your ASA program has begun. So, you may have to make your own arrangements for spending money until your financial aid is disbursed. Sometimes financial aid is disbursed in more than one installment on different dates. It is your responsibility to plan your finances accordingly and ensure you have enough spending money to cover you until your disbursement(s) are completed. Please note that your balance due to ASA must be paid in full before you use your financial aid for personal expenses.

  • Ask your Financial Aid Office who the funds will be sent to. Some types of financial aid are disbursed to the student and other types to the parent/guardian. Sometimes it is disbursed into your student account or bank account as a direct deposit, and other times it is a mailed check. It is your responsibility to gather this information from your Financial Aid Office so you know what to expect and advise your parent/guardian accordingly if a check will be mailed out. send ASA full payment within 10 days of receipt of your financial aid disbursement. Some schools send the funds directly to ASA in the form of a check.

  • You or your parent/guardian can pay ASA from anywhere in the world online via e-check.

  • You’re required to pay your deferred balance in full to ASA within 10 days of receiving your financial aid disbursement. If ASA does not receive full payment within 10 days of your disbursement, you will be charged a $200 late fee and be subject to a 2% monthly surcharge until ASA is paid in full. ASA reserves the right to take action if payment is not received in 10 days, including but not limited to: dismissal from the ASA program, removal from ASA housing, removal from program-related activities, notification to your home institution, denial of final transcript.

  • You are ultimately responsible for paying your balance in full to ASA, even in the event that your financial aid is less than you expected. Confirming the amount of funds, date of disbursement, and recipient with your Financial Aid Office before departure will help you prevent unforeseen issues and losses.

If you have any questions about how financial aid, please don’t hesitate to contact ASA at 617-327-9388!


ASA Scholarship Application deadline for Spring 2020 has been extended to October 8.

Please Note: You must be accepted to one of ASA’s study abroad programs in order to be eligible to apply for an ASA scholarship. ASA’s scholarships are applicable to ASA programs only. Students may only apply for one of the following ASA scholarships.

ASA General Scholarships

Click here to find out if you are eligible for an ASA General Scholarship and how to apply.

ASA Diversity Scholarships

Click here to find out if you are eligible for an ASA Diversity Scholarship and how to apply. *Students applying to CETT-UB in Barcelona will receive an additional $500 if they are awarded a Diversity Scholarship.

Other Scholarships

What if studying abroad is more expensive than my current school? Can I get additional funding?

If the Estimated Costs of Attendance of your study abroad program are greater than the Costs of Attendance for a semester at your home institution, you may be eligible to apply for additional student loans, Parent Plus loans, etc. through your school’s Financial Aid Office. Your Financial Aid Office will need to recalculate your eligibility using the estimated total costs of your study abroad program. This will help you estimate the total cost for you to study abroad, including not just your ASA program fees, but additional expenses you’ll incur like airfare, books and materials, spending money, local transportation, etc. 

Are there any loans other than “Federal Financial Aid”?

Please visit:

If you are applying for any student loans without going through your home institution’s Financial Aid Office, you MUST make sure the loan you’re applying for does NOT require a Title IV school code in order to process the loan.  Not many schools outside the U.S. have a Title IV school code. For this reason, the customary way to get financial aid for study abroad is through your home institution’s Financial Aid Office.