Plymouth State University views study away as an important element of your education. In support of the overall educational mission of the institution, PSU permits institutional aid (i.e. PSU grants, PSU scholarships, and departmental scholarships) to be used towards the cost of fall and/or spring study away expenses.
Plymouth State University’s Study Abroad Financial Aid Policy
While most times, costs to study abroad exceed PSU semester costs, students are able to apply for additional Federal Parent PLUS or student alternative loans to help meet their additional study abroad costs. Federal and state regulation permits the use of federal and state funds for program related costs in which PSU awards college level credit. A Consortium Agreement between PSU and the host institution is required. The Global Engagement Office coordinates the collection of these agreements.
PSU participates in the National Student Exchange (NSE) program, which is a domestic program similar to study abroad, and is the only comprehensive, university-level, student exchange program in the US. PSU is a Plan B exchange participant which means students pay tuition and fees to PSU, and room/board and course fees to the host school.
If financial aid resources will be needed to assist in funding your program, it is important to communicate with the Student Financial Services as you plan your NSE program. PSU allows students to use any financial aid refunds after PSU tuition/fees are paid to cover additional NSE expenses (i.e. room and board). If additional financial assistance is needed, you/your parents may be eligible to apply for loans through a Federal Direct PLUS loan and/or a Student Alternative loan. Once accepted, additional funds are possible by completing a NSE Cost Summary Form, available through the Global Engagement Office, and contacting the Financial Aid Team for an appointment to discuss loan options.