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MyMcCombs - Current Students | BBA Current Students

Scholarships and Financial Aid

Studying abroad can be affordable! If you are participating in a BBA study abroad program, you can use your existing financial aid and scholarships toward your summer or semester abroad. Also, many study abroad scholarships are available to help fund costs like your airfare, visa, passport, and international living expenses. We encourage you to start researching your funding options early on as some scholarships require you to apply a semester or year before you leave. 

Deposit and Fee Payment

BBA International Programs is committed to helping make study abroad as accessible as possible. Students interested in the BBA Short-Term International Programs who are concerned about paying the $500 non-refundable deposit upon enrollment, but would still like to apply and financially commit, should contact Maria Terrazas at Maria.Terrazas@mccombs.utexas.edu. Our office will work with you and your specific circumstances to find the best plan for you.



General Scholarships and Resources

There are many scholarship opportunities for students participating in BBA Exchange and Short-Term International Programs. We encourage students to apply for as many scholarships as they are eligible for, since most scholarships are not comprehensive (less than $5000).

One of the most valuable study abroad scholarship resources is the Global A$$IST Scholarship Database. Global A$$IST lists both UT and non-UT administered study abroad scholarships. While Global A$$IST is a helpful resource it is not all inclusive. We recommend that you review the links below to learn about scholarship opportunities available for all McCombs students going on a BBA study abroad program. Additionally, check the different program tabs to learn about scholarships specific to your study abroad program. 

International Education Fees Scholarship (IEFS):

Every UT student that studies abroad is eligible to apply for the International Education Fee Scholarship (IEFS), which is funded through UT student fees. The IEFS application is based on both need and merit, with emphasis placed on need.
Eligibility: All UT students
Award amount $1000-1500
Scholarship Deadline: March 1st (fall); October 1st (spring)
Application: On Global Assist

First Abroad Planning Scholarship:

This scholarship allows first generation college students to plan ahead before participating in a study abroad program. 
Eligibility: First generation college students with less than 60 credit hours at UT
Award amount varies
Scholarship Deadline: December 1st 
Application: On Global Assist

General McCombs Scholarships:

All BBA students should complete the McCombs Continuing Student Scholarship application. These scholarships can be used in-residence at UT or on BBA study abroad programs.
Eligibility: Currently enrolled BBA students
Award amount varies
Scholarship Deadline: June 1st
Application: On the McCombs Scholarship Application Site 

Additional Study Abroad Scholarships for all UT Students

General Study Abroad Scholarships

Helpful Funding Resources:

BBA Exchange Scholarships

In addition to applying to general study abroad scholarships, students participating in BBA Exchange programs may apply for the following scholarships:

Texas BBA Parents Council Scholarship:

Generously supported by the Texas BBA Parents Council, this scholarship is awarded to students going to any of our BBA partner locations. 
Eligibility: Undergraduate BBA students studying abroad on a BBA exchange program
Award amount $2000
Scholarship Deadline: March 15th (fall); October 15th (spring); February 15th (summer)
Application: On Global Assist

JTS BBA Study Abroad Scholarship for Freshmen:

The JTS BBA Summer Study Abroad Scholarship was established by Juan Tellez Sandoval to encourage McCombs students to study abroad early in their college careers. Originally from Monterrey, Mexico, Juan attended The University of Texas at Austin as an international student. Juan worked for the BBA International Programs Office as a Peer Advisor and is a proud Texas Exes Life Member. 
Eligibility: Students participating in a BBA summer exchange program the summer after their freshman year
Award amount: $1000
Scholarship Deadline: March1st 
Application: On Global Assist

For additional scholarship information refer to the "General Scholarships and Resources" tab.

2017 SIP Program Codes

Business Law in Edinburgh
350023

International Marketing in Barcelona
350148

BHP Management in Buenos Aires
350107

Supply Chain in Hong Kong 
350087

Finance in London
350123

International Management in Prague 
350149

Finance in Athens Maymester 
350157


BBA SIP Scholarships

BBA Short-Term International Program Scholarships

SIP Study Abroad Scholarship

BBA IP provides financial assistance to deserving students who are participating in a BBA Short-Term International Program. Awards are based on merit and financial need. 
Eligibility: Any student participating on a BBA Short Term International Program
Award amount: $1000- $1500

Number of awards: Multiple awards available
Scholarship Deadline: January 15, 2017 
Application: Coming soon

SIP First Generation Scholarship

For many first generation students, going to college is just as much about changing things for themselves as it is for their families. Going abroad during college is an additional leap which BBA IP wishes to recognize. This scholarship awards first generation college students who are taking on the additional challenge of studying abroad through the BBA International Programs Office.  
Eligibility: Students participating on a BBA Short Term International Program who are the first in their immediate family to attend college
Number of awards: Multiple awards available 
Award amounts: $1000 
Scholarship Deadline: January 15, 2017
Application: Coming soon

BHP Summer Study Abroad Scholarship

Sponsored by the Business Honors Program office, this scholarship is open to BHP undergraduate students enrolled in a BBA Short Term International Program 
Number of awards: 5
Award amount: $1000 
Scholarship Deadline: January 15, 2017
Application: Coming soon

BBA Outstanding Student Scholarship

BBA International Programs has dedicated this scholarship to recognize McCombs students who demonstrate strong personal, academic,and leadership skills. Application is merit based.
Eligibility: Any high achieving student participating on a BBA Short Term Program
Number of awards: Multiple awards available 
Award amounts$1500 
Scholarship Deadline: January 15, 2017
Application: Coming soon

Texas Competitive Scholarship Waiver

This scholarship is provided by the state of Texas in order to offset the cost of non-resident UT-tuition for the BBA SIP programs, UT has committed this scholarship for merit- based non-resident students. 
Eligibility: Open to non-Texas students participating in one of the BBA SIP
Number of awards: Varies
Award amount: $1000 plus in-state tuition waiver 
Scholarship Deadline: January 15, 2017
Application: Coming soon

McCombs International Programs Strategic Scholarship to Latin America 

McCombs BBA International Programs is committed to increasing student mobility to Latin America as part of President Obama's 100K Stong Campaign. As part of this endeavor, this scholarship will be awarded to deserving students who will be participating on a BBA Short Term program to Buenos Aires. Application is merit based.

Eligibility: Must be a BBA or MPA student participating in a BBA/MPA Short Term International Program to Buenos Aires
Number of awards: Multiple scholarship available 
Award amount: $1500 - $2000 
Scholarship Deadline: January 15, 2017
Application: Coming soon

*Applications will open on December 1, 2016

For additional scholarship information refer to the "General Scholarships and Resources" tab.

2016 MPA SIP Program Codes:

International Accounting in Prague: 350052

International Accounting in Buenos Aires: 350124

MPA SIP Scholarships

In addition to applying to general study abroad scholarships, students participating on a MPA Short Term International Program may apply for the following scholarships: Applications Open December 1st.

SIP Study Abroad Scholarship:

BBA International Programs provides financial assistance to deserving students who are participating on a MPA Short Term International Program. Awards are based on merit and financial need.
Eligibility: Students participating on a MPA Short-Term International Program
Award amount: $1000- $1500. 
Number of Awards:Multiple awards available
Scholarship Deadline: January 15, 2017
Application: Coming soon

SIP First Generation Scholarship:

For many first generation students, going to college is just as much about changing things for themselves as it is for their families. Going abroad during college is an additional leap which BBA IP wishes to recognize. This scholarship awards first generation college students who are taking on the additional challenge of studying abroad through the BBA International Programs Office. 
Eligibility: MPA SIP participant who is the first in their immediate family to attend college
Award amount: $1000
Number of Awards: Multiple awards available
Scholarship Deadline: January 15, 2017 
Application: Coming soon

MPA Excellence Fund Strategic Location Scholarship:

BKD, Deloitte & Touche, Ernst & Young, KPMG, PricewaterhouseCoopers, Ryan, UHY, Jacobs Family Endowment for Excellence in Accounting, and the Masters in Professional Accounting Program jointly support international experiences for Texas MPA students. The Department of Accounting is allocating previously donated funds from these firms to help MPA students participate in the International Accounting Programs in Prague and Buenos Aires. Special consideration given to students participating in the MPA Buenos Aires Program. 
Eligibility: Must be an MPA student participating in a MPA Short Term International Program
Number of awards: Multiple awards available
Award amount: $1500-$2000
Scholarship Deadline: January 15, 2017
Application: Coming soon
Note: Please refrain from contacting Deloitte, E & Y, KPMG, or PwC directly for any scholarship-related questions or to submit your application. Applications are submitted via the Global A$$IST system, and any questions should be addressed to maria.terrazas@mccombs.utexas.edu. 


McCombs International Programs Strategic Scholarship to Latin America

McCombs BBA International Programs is committed to increasing student mobility to Latin America as part of President Obama's 100K Stong Campaign. As part of this endeavor, this scholarship will be awarded to deserving students who will be participating on a BBA Short Term program to Buenos Aires. Application is merit based.

Eligibility: Must be a BBA or MPA student participating in a BBA/MPA Short Term International Program to Buenos Aires

Number of awards: Multiple awards available

Award amount: $1500-$2000
Scholarship Deadline: January 15, 2017 
Application: will be available soon.


Texas Tomorrow Fund

Application Options for BBA SIP Students

  1. Apply TTF to the UT faculty-taught course tuition
    Students participating in a BBA program are able to apply their Texas Tomorrow Fund to their UT faculty-taught course tuition, as they would for their tuition at UT. Their TTF account will be reduced by three credit hours. Please note, that using TTF to pay for the full tuition cost for three credits will only apply to the UT-taught course, and not the affiliated course. 
    Process: students must contact Student Accounts Receivable, and inform the staff that they would like to add TTF for the summer. Provided students have sufficient hours in their TTF account, it will then be applied to your summer tuition. 

    Student Accounts Receivable 
    512-475-7777, Select Option #1

  2. Apply TTF to the affiliated course fee and other program-related fees 
    BBA students may also apply up to three hours of their Texas Tomorrow funds to additional tuition and fees components of the BBA SIP program. Students are able to use up to three hours at the 2017 affiliate rate of $304.83 per hour.  In July, the student will be reimbursed from UT via check for ($304.83 x 3 hours =$914.49).  
    Process: please notify the BBA SIP Program Coordinator of your intent to use Texas Tomorrow funds to pay for part of the BBA SIP program and provide the coordinator with your TTF account number. This should be done at the earliest opportunity to guarantee transfer of funds.

For more information on the Texas Guaranteed Tuition Plan, please visit the TGTP website.

Application Options for MPA SIP Students

MPA students participating in the MPA International Programs do not pay UT Tuition. As such, TTF does not apply to their UEX cost.

  1. Apply TTF to tuition and fee related components of the MPA SIP
    MPA students may apply their Texas Tomorrow Funds to pay for the tuition and fees component of the program cost. However, funds cannot be applied towards the portion of the program cost that covers accommodations and events. Students are able to apply up to $1828.98 at the 2017 rate of ($304.83 x 6 hours). This amount will be reimbursed back to the student in July. 
    Process: Please notify the MPA SIP program coordinator of your intent to use Texas Tomorrow funds to pay for part of the program and provide the coordinator with your TTF account number. This should be done at the earliest possible opportunity to guarantee transfer of funds. The MPA SIP Coordinator will work with the appropriate office to ensure you receive your funds via check or direct deposit. 

For more information on the Texas Guaranteed Tuition Plan, please visit the TGTP website.



Financial Aid and Study Abroad

Financial aid is available for study abroad programs approved through the Study Abroad Office and BBA International Programs office at The University of Texas at Austin. Interested students seeking financial aid for their program should complete the FAFSA for the appropriate academic period. To assist in the timely receipt of your financial aid and to ensure full consideration for all aid for which you qualify, you must apply by the Priority Date. If you miss the priority date, complete the FAFSA no later than three months prior to your departure date.

The BBA International Programs office will send the Office of Student Financial Services (OSFS) the estimated cost for your study abroad program. OSFS will revise your financial aid awards based on these costs and send you a Financial Aid Notification. Additional grant funding is not available from the OSFS office for study abroad. Study abroad students are offered additional loans — student, parent, or private — as eligibility permits. Visit the UT Study Abroad Office Funding Web site for additional information.

SUMMER, FALL, SPRING, OR ANNUAL STUDY ABROAD PROGRAMS PRIORITY DATE:   MARCH 31

Study Abroad Counseling and Financial Aid Counseling must be complete before any financial aid will be released. Important items to keep in mind as you prepare to go abroad:

  • Complete all requirements before departing for your program to ensure your financial aid releases on time.
  • Release of financial aid occurs around the first class day of the regularly scheduled UT Austin term or semester.
  • Pay deposits or airline tickets on your own; emergency cash loans are not available for students going abroad.
  • Ensure stateside contact information is accurate.
  • Work with your assigned Financial Aid Counselor to have any anticipated paper checks mailed to your stateside contact. International mailing is not available.

Source: Office of Student Financial Services, UT Austin http://finaid.utexas.edu/process/sab.html  

Common Questions:

  • Can I apply my financial aid abroad? 
    Absolutely! Financial aid may be applied to all BBA International Programs. However, keep in mind that the type of aid received may be different from the awards package you receive while at UT. For BBA SIP Programs, this is due to the fact that your courses are abroad, and take place in the summer semester. Although certain grants such as UT grants may be used abroad, it is possible that some scholarships or grants will NOT transfer abroad, or may only be applied to long semesters (Fall/Spring). In most cases, loans will be the primary source of financial aid awarded. For details on whether certain grants may be used abroad, please contact your financial aid advisor.
  • How do I apply for financial aid? 
    You apply as you would for any other semester at UT. Please complete the FAFSA application accessible on the FAFSA website by the March 15 priority deadline. For additional instructions on FAFSA, please visit UT Office of Student Financial Services.
  • Can I defer my UT tuition until my financial aid is released? 
    No. Unfortunately, students will not be able to defer their tuition until financial aid is released. As such, students must plan ahead to have sufficient funds to pay their tuition by the UT deadline. Students are also eligible to apply for a tuition loan with the university to help cover this. Tuition loans carry an interest rate of 4%.
  • When can I expect my financial aid to be released? 
    Financial aid awards are disbursed at the beginning of each term. Realistically, this means most students will receive their financial aid a few weeks into your program. As such, it is important that students arrange for funds to cover expenses prior to departure, as well as immediate expenses for the initial weeks abroad.