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Can I afford exchange?

"Money wasn't too much of an issue with the travel grants, youth allowance and the OS-HELP loan. Who would have thought you could travel overseas with money from the Uni?"   Nicholas Hoye, University of Sheffield

YES you can afford exchange!

UOW offers a number of funding options to ensure students can study overseas. In fact, UOW's travel grants scheme is one of the most generous in the country! The funding options available, include:

  • Travel Grants
    ALL exchange students are eligible for a travel grant! These range from $1000 to $5000. That's at least $1000 in your pocket just for studying overseas!
  • OS-HELP
    The Australian Government is offering eligible undergraduate students a loan of up to $5,000 for each semester they are overseas!
  • Youth Allowance
    Many students are eligible to receive Youth Allowance or Austudy payments while on exchange. Visit www.centrelink.gov.au for further information (follow the links to the Overseas section of the website).

Golden Key Members click here for scholarship information offered through the Golden Key Society.

"Start saving for exchange now. It is honestly a once in a lifetime opportunity and you can't let money make you miss out on it. I will never ever regret what i spent on exchange"   Emma Phillips, Uppsala University

Other Funding Options

  • External Scholarships
    Some students receive scholarships from community groups, local council, or the government of your host country. Search everywhere you can!
  • Personal/Student Loans
    There are a number of banks in Australia offering personal loans to students. Contact your bank for further information.
  • Working Overseas
    While you cannot rely on working overseas to cover the costs associated with studying overseas, some students work to increase their spending money!
  • Working/Fundraising at Home
    These could include savings from a part-time job in Australia before your exchange or your own fundraising efforts.

Not sure how much to Budget? Find out more about the Costs of going on International Exchange.

 
 
 
   

Last reviewed: 19 October, 2007 

 
   
 
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