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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 off campus?

Students studying off campus will be charged the Skidmore comprehensive fee for their semester or year. (NOTE: Skidmore’s comprehensive fee will differ from the fees of program providers.) This fee is equal to Skidmore’s tuition, on campus apartment rate, board, as applicable and mandatory college fees if applicable. 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 home stay option.

What does the Comprehensive Fee include?

For all off-campus programs the Skidmore comprehensive fee covers costs tuition and mandatory academic fees, double room, board if applicable, mandatory medical insurance, and any other mandatory program fees. Students are responsible for their transportation costs to and from the program, on-site transportation if not included in the provider’s program fee, books, personal expenses (including passport and visa fees), accommodation upgrades, room and/or board if not included in provider’s program fee, voluntary field trips and excursions, and any refundable deposits.

Does the comprehensive fee cover all course fees?

Students should be aware that their program provider’s mandatory course enrollment and maximum credit load for the semester may differ from Skidmore’s 15 semester credit requirement. Should a student opt to add an additional credit-bearing course(s) that is not included in the provider’s mandatory courseload, the student will be responsible for paying any supplemental fees for said course directly to the program provider. If a student chooses to enroll in courses during his/her off-campus program that have not been approved for academic credit and therefore are not transferable to Skidmore, he/she will be responsible for payment of said course fees.

Occasionally, students must enroll in additional coursework in order to stay on track for graduation. If the program provider considers these additional courses to be an overload, the student should consult with OCSE regarding this policy.

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 (if applicable), and any additional mandatory Skidmore College fees. Payments are to be made to Skidmore College. Off-Campus Study & Exchanges will handle payments to the program providers on the behalf of students.

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. Students should not submit any non-refundable confirmation deposits to their program provider. Skidmore will pay all non-refundable deposits to program providers on your behalf.   However, Skidmore College requires a $500 confirmation deposit within two weeks of approval to study off-campus to confirm enrollment in ALL off-campus programs; $400 of the deposit will be credited to your Skidmore College account and the remaining $100 constitutes a processing fee. The student should note on his/her acceptance paperwork to the provider that the deposit will be paid directly by Skidmore. Students are responsible for paying any refundable deposits and additional fees directly on-site or to the program provider. Any housing 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 the program specific policy.

What forms of payment are accepted?

Confirmation deposits must be paid to Off-Campus Study & Exchanges in the form of cash, check or money order made payable to “Skidmore College.” Program fees must be paid directly to the Skidmore Bursar’s Office—please consult the Bursar’s Office for payment options.

Can Financial Aid be used for off-campus study?

Yes, financial aid can be used for off-campus study. Students receiving financial aid should speak with a Financial 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 Financial 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 travel seminars?

Financial Aid may be available for travel seminars 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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