Finances
Finances and Study Away
It is important for all students to clearly understand the options and implications of finances when planning for study away. Different programs have different financial costs for the program itself, and all programs will ultimately involve personal expenses for food, travel, and personal expenditures.
Comparing Costs for Study Away Options
What will your semester of study away actually cost you?
Total costs vary based on program type chosen and your personal financial aid at DKU. The summary below frames how you should consider overall comparative costs between a semester at DKU versus a semester on study away.
Cost of Semester at DKU
- Tuition You Pay (after financial aid)
- Fixed Costs: Housing, Insurance, Etc. (est. $3,500/semester)
- Variable Costs: Meals, personal expenses, travel
= Your Total Semester Cost
Vs.
Cost of Semester Away
- Tuition & Program Cost Total
- Variable Costs: Meals, personal expenses, travel
= Your Total Semester Cost
Billing and costs are handled differently across program types. Using the table below, research whether your intended study away program involves paying tuition to DKU (with financial aid applied) or directly to your study away program. The total cost of a semester at DKU versus a semester studying away will vary from student to student based on these variables.
Note: whether at DKU or on study away, do not forget to account for other personal expenses such as flights to/from the program or incidental expenses (supplies, non-included travel, sim-cards, etc.), which vary according to personal needs and location.
Estimated cost (subjected to change) | Duke/DUML | Exchanges | DKU GO/GO-FLEX |
|---|---|---|---|
Tuition | Fall/Spring: Normal Tuition Paid to DKU (financial aid applied). Summer Session: tuition paid to Duke (est. $2,840-$3,635/course). No financial aid applied. | Normal Tuition Paid to DKU (financial aid applied) | No Tuition Paid to DKU. Full cost of program paid directly by student to program/institution. |
Program Fees (Room, Meals, Insurance, etc.) | Paid directly by student
(est. USD $14,378 USD per semester; est. USD $5,477 per summer session)
| Paid Directly by student to host partner
(varies by university; see program page)
| Paid directly by student
(varies by university/program)
|
Total (Est.) | Fall/Spring: Your DKU Tuition + $14,378 USD ;
Summer (each session): $11,157 USD (subject to change depending on course enrollment) | Your DKU Tuition + Program Fee (average range: $8,000 – $14,000) | Total Fees of Program (see program page, ranging $12,000 – $28,000) |
Personal Expenses (Flights, travel, misc.) | Paid by student
(costs vary from origin)
| Paid by student
(costs vary from origin)
| Paid by student
(costs vary from origin)
|
Student Assistance Fund-Study Away Grant (SAF-SAG)
Thanks to the generous support of the DKU Foundation, we are pleased to announce the availability of need-based grant funding specifically for DKU students planning to participate in study away programs.
The Student Assistance Fund: Study Away Grant (SAF-SAG) is designed to help offset the cost of study away programs for a limited number of students who demonstrate significant financial need.
Two Categories of Study Away Grants (SAG) :
Duke Semester Assistance Fund (DSAF): Need-based funding specifically for junior students participating in a semester-long study away program at Duke University.
Global Education Assistance Fund (GEAF): Need-based funding for junior students participating in a pre-approved DKU GO or GO-FLEX study away program.
Detailed information may be found in the link below. Please note:
- Applications for the SAF-SAG are evaluated and will be awarded, up to the maximum number of available grants, to students demonstrating the highest levels of financial need.
- Each SAG awarded student can only receive one grant.
- Funding amounts (and the number of recipients) are fixed for each academic year, and cannot be split into smaller amounts to accommodate more students
- Grant funding is not distributed to the student directly as cash. It must be used to reimburse for transportation, housing, dining, and student fees related to the student’s committed study away term and program.
- Awarded students must follow procedures carefully in order to access and use the grant.
