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Off-Campus Study & Exchanges
 

Finance FAQ

The following Frequently Asked Questions (FAQ) about financing study abroad apply to all Skidmore Approved Programs, non-Skidmore Approved Programs and petitioned programs that have been approved for individual students by the Advisory Committee on Off-Campus Programs (ACOP). Non-Skidmore students should discuss these questions with a member of the international programs/study abroad office on their own campus to obtain appropriate information.

How much does it cost to study abroad?

Students studying off campus will be charged the Skidmore comprehensive fee for their semester or year. This fee is equal to Skidmore's tuition, room at the Scribner Apartment rate, board, as applicable and mandatory college fees. If the program does not include room and/or board, or only includes partial board, the Skidmore fee will be adjusted accordingly.  Skidmore's billing for room charges will reflect students selecting the mandatory homestay option. Students participating in the National Student Exchange, Spelman College, or Washington Semester programs will be charged Skidmore tuition and fees, when applicable.

What does the Comprehensive Fee include?

For Skidmore and international non-Skidmore Approved Programs the Skidmore comprehensive fee covers costs for overseas tuition and mandatory academic fees, double room, board if applicable, medical insurance, and any other mandatory program fees. Students are responsible for their airfare, books, personal expenses (including passport and visa charges), accommodation upgrades, room and/or board if not included in provider's program fee, voluntary field trips and excursions, and any refundable deposits. For the National Student Exchange, Spelman College, and Washington Semester programs, home fees covers tuition and fees at the host institution. Students on those programs are responsible for their airfare, books, personal expenses, room and board, voluntary field trips and excursions, and any refundable deposits.

How is payment handled?

Students studying off campus will be billed by Skidmore's Bursar for the comprehensive fee. The bill will show charges for tuition, room, board, and any additional mandatory Skidmore College fees. Payments are to be made to Skidmore College. Off-Campus Study & Exchanges will handle payments to the off-campus study program providers on the student's behalf. Students on the National Student Exchange and Washington Semester programs will be billed by Skidmore's Bursar for tuition and fees. The host campus will bill for room and board. Students studying on the Spelman College program pay tution, room, and board fees to Skidmore.

What are program deposits and to whom are they paid?

Most programs require two deposits upon acceptance - a non-refundable confirmation deposit to secure a spot in the program and a housing deposit. A non-refundable confirmation deposit of $500 is to be paid to Off-Campus Study & Exchanges, not the provider, within two weeks of notification by OCSE of approval for off-campus study, for international and domestic approved programs. This non-refundable deposit will be credited to the student's Skidmore College account. The student should note on their acceptance paperwork to the provider that the deposit was paid directly to Skidmore. Any refundable deposits need to be sent directly to the provider, not to Off-Campus Study & Exchanges. The majority of the housing deposits are refundable to the student at the end of the program. Please check with the program provider for their policy.

For students studying on a Skidmore Program there is a $500 non-refundable Confirmation Deposit. $400 of the deposit will be credited to your Skidmore College account and the remaining $100 constitutes a processing fee.

Can Financial Aid be used for study abroad programs?

Yes, financial aid can be used for off campus study. Students receiving financial aid should speak with a Student Aid representative to review possible aid changes based on increased expenses resulting from off campus study. It is highly recommended that all students intending to study off-campus meet with Student Aid to find out if the increased expenses associated with studying off campus qualify them to receive aid even if they previously did not.

Is Financial Aid available for short-term programs?

Financial Aid may be available for short-term programs taking place during the academic year. It is not available for summer programs. It is recommended that students speak with a Student Aid representative to determine if aid is available.

What if a student is on a tuition exchange program?

The tuition portion of the comprehensive fee will be taken care of through the tuition exchange program. Students will be responsible for all other fees and expenses of the program. Those are not covered under the tuition exchange program.

What if a Skidmore program includes a stipend? How and when is that money disbursed?

If a program includes a stipend for living expenses, the student may be asked to open a bank account at a financial institution of our choosing. The necessary paperwork will be made available to the student. The monies will be deposited into this account at the start of the program.

For additional information, please contact the Office of Off-Campus Study & Exchanges.

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