Yes, you are eligible to receive financial aid for your study abroad semester/year if you are studying on a UR program and provided you meet application deadlines and eligibility criteria. University funding for study abroad is available for two semesters.
Is financial aid applicable to non-UR programs?
Students approved to study on a non-UR abroad program are not eligible for UR institutional funding while abroad, but may still be eligible to receive federal and state financial aid. Contact the Financial Aid Office for more information.
Do I need to take a full course load while abroad?
Yes. You must take a full course load while abroad in order to be eligible for financial aid. A full course load is defined as the equivalent of 3.5 (minimum) to 5.5 (maximum) UR units/semester abroad for undergraduates. If you withdraw from a course abroad and, as a result, are registered for less than a full course load, then federal aid will be pro-rated and your student account at Richmond will be adjusted accordingly.
Where can I find more information?
For more information, contact the Financial Aid Office at 804-289-8438 or e-mail finaid@richmond.edu or look on their website here. Before leaving campus, it is imperative that you contact the Financial Aid Office to find out the details of your aid package, and to discuss the method and timing of disbursement of funds. You can also check the status of your financial aid on BannerWeb.
What do student-athletes need to know about financial aid?
Student-athletes may not receive athletically related financial aid during the regular semester of an academic year in which they elect to withdraw from the team to study abroad, unless authorized by the Director of Athletics. Student-athletes seeking athletically related financial aid to study abroad during a summer term should submit an official application and meet the set requirements pursuant to the summer school policies set forth by the Department of Athletics.
When are financial aid funds disbursed?
Although you may qualify for financial aid, there may be a significant difference in when and how funds are disbursed. For example, you may need to pay your housing fees to the host institution before your financial aid becomes available to you. Funds are disbursed 10 days prior to the first day of classes at the institution abroad; however, it can take several days for the refund to be deposited to your bank account. You may request that financial aid be deposited to your bank account by direct deposit. Direct Deposit Authorization Forms are located on the forms section of the controller's web site. For more information on direct deposit, call Student Accounts (804-289-8147).
What if I am an Oldham Scholar, a Richmond scholar, or have another full scholarship?
Students with full scholarships should review the Financial Aid website and/or contact the Financial Aid Office (at 804-289-8438 or e-mail finaid@richmond.edu or look on their website here) in order to determine how the scholarship will be applied toward the study abroad experience.
University of Richmond Office of International Education Puryear Hall, Middle Floor Office Hours 8:30 AM - 5:00 PM, Monday-Friday studyabroad@richmond.edu
Will my financial aid apply to study abroad?