Supporting your expenses.
U.S. StudentsTitle IV federally-funded financial aid may be used by eligible NSE students enrolled at U.S. member colleges and universities. Federal aid is awarded by and disbursed from the institution where tuition and fees are paid. Since federal aid is based on a real campus budget, the amount of your award for the period of exchange may vary from that received while attending your home university.
File your Free Application for Federal Student Aid (FAFSA) by stated campus deadlines or January 1. Failure to do so may result in loss of financial aid or a diminished aid package.
While on exchange, you must be enrolled full-time at your host campus. Make sure you understand how your enrollment (number of credit hours, etc) will affect your financial aid award. If you drop to less than full-time or withdraw from all of your classes you may be required to repay all or a portion of your financial aid.
Host PaymentFor eligible students exchanging under Host Payment, federally-funded financial aid is awarded by, and disbursed from, your host campus. Other than the Exception Schools (see below) financial aid (including scholarships) will not be available from your home campus. Federal aid programs, designated under the Financial Aid tab of the Campus Profiles, are available to eligible NSE students as long as funds are available in each program. There is no guarantee that aid will be offered in each of the programs listed. Also note that host NSE campuses generally do not award institutionally-based scholarships, grants, or fee remissions to incoming exchange students.
FAFSA: On your FAFSA form, list the FAFSA code for each campus where there is potential for being placed on Host Payment. FAFSA codes for campuses that use Host Payment are listed under the Financial Aid tab on Campus Profiles. Also include the FAFSA code for your home institution in case your plans change.
Exception Schools: A few NSE members fund their own outgoing Host Payment students. Your home NSE coordinator will advise you if your campus is one that utilizes this procedure. If so, apply for financial aid only at your home campus. College Work Study will not be available while on exchange. Do not list the FAFSA code for your exchange site(s). This could result in an over-award that must be repaid. If you currently receive College Work Study, do not expect CWS to be available while on exchange.
Home PaymentFor eligible students exchanging under Home Payment, federally-funded financial aid is awarded by, and disbursed from, your home campus. College Work Study will not be available while on exchange.
FAFSA: If exchanging under Home Payment, list only the FAFSA code for your home campus. Do not list the FAFSA code for your exchange site(s). This could result in an over-award, which must be repaid.