INTERNATIONAL EDUCATION OFFICE

Finances

Most expenses for UMD study abroad programs are billed directly to students' accounts (some programs require that the student pay housing and meal expenses to the Program Sponsor). The student can check the status of their account, pay the amount due and check billing dates on the Accounts Receivable website. Parents can also make payments on behalf of their students. To learn more about that, please check the UM Pay website.

All students are responsible, however, for incidental expenses while abroad. Make arrangements with your student on how you would transfer additional or emergency funds, if the need arises, as well as the source of those funds and their potential uses (emergency travel home versus local travel for sightseeing; funds to cover lost or missing luggage versus gifts for friends). If the source of funds is the student's bank account, consider a short-term Power of Attorney so that the student's signature isn't needed for withdrawals. Parents and students should read information on Using Money Overseas.

The Office of Financial Aid and Registrar will take into consideration to cost of the study abroad program when awarding your student and make adjustments to the student's financial aid record. If you and your student are considering studying abroad, it is important to apply early for financial aid.