Financial Resources

Studying abroad is a huge commitment of time and resources. Many students believe that the cost of studying abroad puts this opportunity beyond their reach but there are resources available to help pay for this experience. Students are encouraged to understand the costs and financial aid availability of each program. Students should then explore various scholarship opportunities found on this page.

Naropa-Sponsored and Affiliated Program Scholarships

Where There Be Dragons

Dragons offers limited need-based scholarships for qualified students. Please inquire directly to Dragons during your application process.

SIT Scholarships and Grants

Each year SIT awards approximately $750,000 in scholarships and grants to SIT study abroad students. More than 80% of students who complete the scholarship application receive an SIT scholarship or grant. SIT also will match a student's Pell grant.  Learn more and apply for a SIT scholarship or grant

General Scholarships for Study Abroad

Benjamin A. Gilman International Scholarship

The Gilman International Scholarship Program offers grants for U.S. citizen undergraduate students of limited financial means to pursue academic studies abroad. Such international study is intended to better prepare U.S. students to assume significant roles in an increasingly global economy and interdependent world. Undergraduate students who are receiving federal Pell Grant funding at 2-year or 4-year colleges or universities are eligible to apply. Gilman tends to preference Pell eligible students who choose programs in non-Westernized countries, with languages that are considered "critical."

Boren Awards for International Study

Boren Scholarships provide up to $20,000 to U.S. undergraduate students to study abroad in areas of the world that are critical to U.S. interests and underrepresented in study abroad, including Africa, Asia, Central & Eastern Europe, Eurasia, Latin American, and the Middle East. The countries of Western Europe, Canada, Australia, and New Zealand are excluded.

Boren Scholars study less commonly taught languages, including but not limited to Arabic, Chinese, Korean, Portuguese, Russian, and Swahili.

Boren Scholarships are funded by the National Security Education Program (NSEP), which focuses on geographic areas, languages, and fields of study deemed critical to U.S. national security. Applicants should identify how their study abroad program, as well as their future academic and career goals, will contribute to U.S. national security, broadly defined. NSEP draws on a broad definition of national security, recognizing that the scope of national security has expanded to include not only the traditional concerns of protecting and promoting American well-being, but also the challenges of global society, including sustainable development, environmental degradation, global disease and hunger, population growth and migration, and economic competitiveness.Information and application materials are available on the Boren website.

Boulder Rotary

The Rotary Club annually awards scholarships ranging from $500 to $3,000 to qualified students who are graduates of an accredited high school in Boulder County and who will be attending a Naropa-approved study abroad program.

The Rotary Club also offers the World Peace Fellowship and Ambassadorial Scholarship. Download the Rotary Scholarship instructions and application.

Foundation for Global Scholars

At the time of applying for any of the Foundation for Global Scholars scholarships listed below, you must be enrolled in a North American college or university where transfer credit from an academic program abroad will be applied to your degree being earned. You also must be a US or Canadian citizen. There are four scholarships to apply for through the Foundation for Global Scholars. They are:

  • Foundation for Global Scholars General Scholarship
  • STA Travel Scholar Award
  • Global Links Learning Abroad Internship Scholarship
  • Banks Family Scholarship

Fund for Education Abroad

The Fund for Education Abroad (FEA) is committed to increasing the opportunities for dedicated American students to participate in high-quality, rigorous education abroad programs by reducing financial restrictions through the provision of grants and scholarships.

Goals and Objectives:

  • To assist committed students in the acquisition of critical foreign language skills.
  • To cultivate American students’ world awareness and appreciation of cultural differences      through academic and experiential opportunities.
  • To support institutions and organizations active in socially responsible education abroad programs.
  • To recognize outstanding education abroad leaders.

GSF Student Grant (The Global Studies Grant for Student Travel and Study Abroad)

Designed to support foreign language training and other academic studies abroad, this grant provides supplemental funds for American students who already are studying abroad under the auspices of an official study abroad program conducted by an accredited academic institution.

Go Overseas Scholarships

Go Overseas scholarships are available to students currently enrolled in, or in the process of applying to, study abroad programs and award up to $1,000.  Go Overseas also has a Teach Abroad Scholarship and a Volunteer Abroad Scholarship for students with a focus on international studies and/or education.

MoneyGeek Guide to Study Abroad Scholarships, Grants, and Loans

The MoneyGeek guide will introduce you to the costs of studying abroad, factors to consider in your planning and the different financing options that may be available to students hoping to study abroad. 

Study Abroad Scholarship for a Specific Region

The Brazil Initiation Scholarship (BIS)

BIS is a key component of the Brazilian Studies Association's (BRASA) agenda to expand Brazilian Studies in the United States. BRASA invites applications from graduate and undergraduate students for a one-time $1,500 travel scholarship to do exploratory research or language study in Brazil. This scholarship targets aspiring Brazilian scholars with relatively little or no experience in Brazil. It seeks to contribute to the student's initial trip (for a period from six weeks to three months), to heighten the student's interest in Brazil, and deepen his/her commitment to Brazilian studies in the United States. Students are encouraged to combine this scholarship with other grants or awards. Recipients will be recognized during the awards ceremony of the next BRASA international congress in Brasilia. Funding will be disbursed prior to travel. BRASA will award up to four fellowships in this competition.


Freeman-ASIA provides scholarships for US undergraduate students with demonstrated financial need to study abroad in East or Southeast Asia. Applicants should have a minimum 2.8 GPA. The program's goal is to increase the number of Americans with first-hand exposure to and understanding of Asia and its peoples and cultures. Awards of up to $3,000 are available for summer programs. Award recipients are required to share their experiences with their home campuses or communities to encourage study abroad by others. For more information, eligibility requirements, and the online application, please visit the website or call (212) 984-5542 or email .

Students can also visit the following MoneyGeek website for further information about funding your study abroad experience at
(Please note that Naropa does not maintain the following website and is therefore not responsible for content found therein).