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This agreement is required for students enrolled as non-degree students in study abroad programs to ensure the processing of federal and state financial aid by Boston University.
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How to fill out financial aid consortium agreement
How to fill out Financial Aid Consortium Agreement for Enrollment in Study Abroad Programs Not Sponsored by Boston University
01
Obtain the Financial Aid Consortium Agreement form from the Financial Aid Office or the relevant department.
02
Fill out your personal information at the top of the form, including your name, student ID, and contact details.
03
Provide information about the study abroad program you plan to enroll in, including the program name, location, and dates.
04
List the courses you intend to take while studying abroad and how they will transfer to your degree at Boston University.
05
Request a signature from the study abroad program director or coordinator to validate the agreement.
06
Request a signature from a financial aid officer at Boston University to ensure your financial aid eligibility.
07
Review the completed form for accuracy before submitting it.
08
Submit the form to the Financial Aid Office at Boston University at least a few weeks before your study abroad program begins.
Who needs Financial Aid Consortium Agreement for Enrollment in Study Abroad Programs Not Sponsored by Boston University?
01
Students who are enrolled at Boston University and wish to participate in a study abroad program not sponsored by the university.
02
Students who need financial aid to support their study abroad expenses while maintaining enrollment at Boston University.
03
Students who plan to take courses abroad that will transfer back to their degree program at Boston University.
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People Also Ask about
What percentage of BU students study abroad?
International students are not eligible for need-based financial aid from Boston University, the state, or the federal government.
Does financial aid cover study abroad?
Approximately forty percent all BU students study abroad, making BU one of the nation's top universities for studying abroad.
Does BU financial aid cover study abroad?
You may receive federal student aid for a study-abroad program, if you meet the aid eligibility criteria. If you aren't already in the habit of filling out a Free Application for Federal Student Aid (FAFSA®) form each year for college, be sure to learn about the federal student aid programs and the FAFSA process.
Does Boston University give full aid to international students?
Financial aid that meets your full need. BU will meet 100% of your demonstrated financial need. Because we firmly believe that everyone admitted to BU deserves the opportunity to attend BU, regardless of your family's means.
Can financial aid be applied towards study abroad programs?
A consortium agreement is a written contract that allows students to receive federal financial aid from two schools at the same time. When there's an agreement between the two schools in place, a student financial aid is based on the total hours of enrollment at both schools.
What is a consortium agreement financial aid?
Many students use federal student aid and BU financial aid to fund part of their educational expenses. Most of these funds may also be applied toward funding a study abroad program offered through BU during the fall and spring semesters (see Study Abroad Grants & Scholarships below for summer semester information).
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What is Financial Aid Consortium Agreement for Enrollment in Study Abroad Programs Not Sponsored by Boston University?
The Financial Aid Consortium Agreement for Enrollment in Study Abroad Programs Not Sponsored by Boston University is a formal arrangement that allows students participating in study abroad programs that are not directly sponsored by Boston University to receive financial aid. This agreement enables students to transfer their financial aid eligibility to programs offered by other institutions.
Who is required to file Financial Aid Consortium Agreement for Enrollment in Study Abroad Programs Not Sponsored by Boston University?
Students who are enrolled at Boston University and wish to participate in study abroad programs that are not sponsored by the university are required to file the Financial Aid Consortium Agreement. This includes any student who intends to use federal, state, or institutional financial aid for their study abroad experience.
How to fill out Financial Aid Consortium Agreement for Enrollment in Study Abroad Programs Not Sponsored by Boston University?
To fill out the Financial Aid Consortium Agreement, students should first obtain the agreement form from the financial aid office. Then, they need to provide their personal information, details of the study abroad program, and the host institution's information. The agreement must be signed by the student, as well as an authorized representative of the host institution and Boston University's financial aid office.
What is the purpose of Financial Aid Consortium Agreement for Enrollment in Study Abroad Programs Not Sponsored by Boston University?
The purpose of the Financial Aid Consortium Agreement is to ensure that students participating in study abroad programs outside of Boston University can access and use their financial aid. It serves to coordinate the responsibilities of the home institution (Boston University) and the host institution regarding the disbursement and management of financial aid funds.
What information must be reported on Financial Aid Consortium Agreement for Enrollment in Study Abroad Programs Not Sponsored by Boston University?
The information that must be reported includes the student's personal details (name, student ID, etc.), the details of the study abroad program (program name, duration, etc.), host institution information, a declaration of the intended financial aid types to be used, and any specific terms of the agreement between the institutions regarding the financial aid.
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