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.
Deakin University Travel GrantsA limited number of Deakin University Travel Grants are available to students who participate in approved Exchange programs. Each Travel Grant is worth between $1000 and $1500, depending on the length of the Exchange program and the destination country.
Students do not need to apply separately to be considered for a Travel Grant; submission of an Exchange Application Form will be sufficient. Completed application forms must be received by the first-round deadline in order to be eligible for consideration.
Travel Grants are awarded on the basis of academic merit, and students are eligible to receive the Deakin University Travel Grant only once.
A limited number of Deakin University Equity Travel Grants are available to students who participate in approved Exchange programs. Each Equity Travel Grant is worth $5000.
Students do not need to apply separately to be considered for an Equity Travel Grant; submission of an Exchange Application Form will be sufficient.
Only students who are current recipients of a Deakin Equity and Access Scholarship or a Commonwealth Learning Scholarship are eligible to be considered for a Deakin University Equity Travel Grant.
Equity Travel Grants are awarded on the basis of academic merit, and students are eligible to receive the Deakin University Equity Travel Grant only once.
University Mobility Asia Pacific (UMAP) subsidies of $4,000–$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).
In semester 2, 2008 or trimester 1, 2009 Deakin University has UMAP subsidies for any partner universities in the following countries:
Endeavour Programme Scholarships of $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 Programme Scholarship. All eligible Exchange students applying to one of the universities with available Endeavour Programme 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).
In semester 2, 2008 or trimester 1, 2009 Deakin has Endeavour Programme Scholarships available for any partner universities in the following universities:
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 websites.
Some of Deakin's partner universities offer scholarships, grants and subsidies to Deakin Exchange students.
Aarhus School of Business, Denmark
Bodo University College, Norway
Jönköping International School of Business
Jönköping University, School of Education and Communication, Sweden
Hong Kong Polytechnic University, China
Technical University of Berlin, Germany
University of Copenhagen, Denmark
The Commonwealth Government is offering OS-HELP loans of up to $5000 per trimester to students going on Exchange. The loans are available to any student who studies at an overseas university under an Exchange agreement and meets the eligibility criteria.
Students who go on a Short-term Study program may also be eligible for the OS-HELP loans. There is a 20 percent flat fee associated with the loan and re-payment 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.
Visit the Department of Education, Employment and Workplace Relations (DEEWR) or the Current Students website for more information.
Please note: Study Abroad students are not eligible for the OS-HELP loans.
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 Education Abroad 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.