Financial aid may be available to Reed students who participate in college-approved semester study abroad programs.
Reed study abroad semester programs each have different costs and most are considerably less expensive than Reed. Eligibility for financial aid during study abroad is calculated using the costs of the program the student will be attending. If the total cost of the program is less than the cost of Reed, the Reed Grant will be reduced followed by loans (if necessary). Because students are not eligible for student work during the abroad semester, the Reed Grant will be increased to compensate.
Typically, the out-of-pocket costs to students and families with financial aid are similar to a semester on campus.
The International Programs and Business Offices provide the Financial Aid Office with semester program costs which are used to calculate financial aid eligibility. Costs associated with intensive language preparation prior to the semester of study abroad cannot be included in the costs used to determine your financial need.
Students studying abroad in the Fall receive their financial aid awards by early June. Financial aid disburses at the beginning of Reed's semester, not when the study abroad program begins.
The process of re-applying for financial aid while participating in a study abroad program is the same as a typical semester at Reed – students must keep up to date with Reed student email for reminders of the yearly April 15 deadline for financial aid applications.