Contact your local EF office if you wish to discuss different options for financing your student exchange.
Payment Plans
Program fee payments are divided into three or four installments. Your local EF office can supply you with more details. Below, we provide an example of how a payment plan can be structured [to be modified by each market depending on local payment plan]:
- Two weeks after acceptance: 10-20 percent of total program fee
- Five months before departure: Additional 25-30 percent of total program fee
- Three months before departure: Additional 25-20 percent of total program fee
- Two months before departure: Remaining balance
If you are interested in setting up a personal payment plan, please contact your local EF office.
Scholarships
Every year, EF awards scholarships in certain countries to a number of students in financial need. We choose scholarship winners based on student applications, grades and recommendations.
Contact your local EF office [X[e1] ] for more information about available scholarships and how to apply.
DK: Local information about Cirus
NO: Local information about Lanekassan
DE: Local information about Langenscheidt Vollstipendiums, EF Teilstipendiums and other cooporations.
Conditions above to be added by each sales office
Loans (in selected countries)
EF High School Year in [country] has an agreement with [name of bank or financial institution] to grant loans for studies abroad. Contact your local EF office [X[e2] ] for more details and to learn how to apply.
Personal Expenses
We recommend that you plan for approximately USD 250-300 or [ XX Currency[e3] for personal expenses per month
To calculate the approximate cost of your exchange year, here is a list of some common items that are not included in the program fee:
-
Insurance
[e4]
- Pocket money
- Phone expenses
- Transportation to and from school
- School books (expect for mandatory classes)
- School lunches
- Travel in the host country
- Hygiene products
- Clothes
- Club memberships
- Free time activities
- School uniforms, if required
- Visa costs
- Airport or flight taxes
[e3]Localize per sales market
[e4]Link to Erika information on page Travel Services