Financial Planning

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Exchanging Money Before Departing

Check with your local bank about foreign currency exchange well before your departure. Most major international airports have money exchange services, but it is generally not a good exchange rate. You are encouraged to exchange a small amount of foreign currency ($100-$200 worth) before you arrive. Wells Fargo can send the foreign currency right to your mailbox, or you can order it in person. Foreign currency purchases and orders can also be done at a U.S. Bank branch.

 

Track your expenses

  • You don’t want to run out of money halfway through your stay!
  • Keeping an expense record can be very helpful.

The amount you spend is determined by your personal lifestyle (shopping, socializing) and your goals (additional travel, activities, etc.) while abroad.

 

Study Abroad Student Information Release Authorization

If you wish to allow Study Abroad staff to provide information to a designee regarding your study abroad program, grades, billing, tuition & fees, or financial aid complete the Study Abroad Student Information Release Authorization form. Due to federal student privacy laws, this information cannot be shared without permission.

 

Power of Attorney

It is strongly recommended that you select a trusted, responsible contact and grant them power of attorney. Do this in addition to granting parent/guest access to your student account. Completing the written power of attorney documentation allows your contact to take care of most unanticipated financial affairs while you are gone. Without power of attorney, it’s difficult or impossible for your contact to obtain information about your financial aid, complete financial aid paperwork, or resolve other financial and legal matters due to federal student privacy laws. Information for obtaining power of attorney.

 

Info Session: So you want to talk about money?