Covering your costs is not as hard as it seems. Have a look at the various ways this can be done to see which is the most appropriate for you.
The Study Abroad & Exchange office will offer all successful applicants of the semester long exchange program a travel grant between $500 - $1000 to assist with their finances. (However you will not receive this if you are receiving a $5000 UMAP subsidy)
University Mobility Asia Pacific (UMAP) subsidies of up to $5,000 are offered to undergraduate Exchange students who go to selected universities for a trimester- or year-long exchange. UMAP destinations change from year to year and a limited number is available each year.
Only students who are Australian citizens or who hold Australian Permanent Resident status are eligible to receive a UMAP subsidy. All eligible Exchange students applying to one of the universities with available UMAP subsidies are considered for a subsidy. The subsidies are allocated based on academic merit.
UMAP subsidies are intended to assist you with travel and living expenses during your Exchange. Deakin University receives this funding from the Australian Government, through the Department of Education, Science and Training (DEST ).
Locate the country specific scholarships that are available
Endeavour Program Scholarships of up to $5,000 are offered to undergraduate Exchange students who go to selected universities for a trimester- or year-long Exchange. Destinations change from year to year and a limited number is available each year.
Only students who are Australian citizens or who hold Australian Permanent Resident status are eligible to receive an Endeavour Program Scholarship. All eligible Exchange students applying to one of the universities with available Endeavour Program Scholarships are considered for a scholarship. The scholarships are allocated based on academic merit.
Endeavour Programme Scholarships are intended to assist you with travel and living expenses during your Exchange. Deakin University receives this funding from the Australian Government, through the Department of Education, Science and Training (DEST ).
Locate the country specific scholarships that are available
Some countries offer scholarships and grants to visiting students. You can find out if a country offers financial contributions to Exchange students by visiting embassy or consulate web sites.
Some of Deakin's partner universities offer scholarships, grants and subsidies to Deakin Exchange students.
University of Copenhagen, Denmark
The Commonwealth Government is offering OS-HELP loans of up to $5,824 per trimester to students going on an Exchange or Study Abroad program. Students who go on a Short-term Study program may also be eligible for an OS-HELP loan. The loan is incorporated into the student's HECS debt.
Students wishing to apply for the loans must meet the following criteria:
No exceptions can be made to these criteria.
Students can receive the OS-HELP loan for no more than two trimesters.
Email: os-help@deakin.edu.au
Visit the Department of Industry, Innovation, Science, Research and Tertiary Educations (DIISRTE) or the Current Students website for more information.
If you are eligible for Austudy or Youth Allowance, your payments will continue while you are overseas on Exchange. Once you are accepted to the Exchange program, you should make an appointment with Centrelink to discuss your plans. The office will, on request, provide you with a letter to present to Centrelink.
Please visit Centrelink for more information.
In some countries it may be possible to work part-time while you are studying. We strongly recommend that you don't rely on finding work to support yourself and instead consider income from part-time work an extra bonus.
Many countries have strict limitations on work entitlements for visiting students. You may have to apply for a work visa and pay an application fee before you are allowed to work.
Contact your host country's embassy or consulate for further information on work entitlements.