Why might I have a shortfall?
All students, including those on 100% aid, will likely need to pay at least some money out of pocket to fully fund their summer experience. Some of the most common reasons that students need to raise funds beyond their SEG stipend include:
- Student not on 100% Yale Scholarship: SEG stipends are calculated individually based on a student’s Aid Percentage multiplied by the relevant Program Budget. This means that a student with 70% aid participating in a program with a stipend budget of $10,000 should plan to contribute approximately $3,000 toward their summer experience.
- Actual cost exceeds SEG budgeted amount: Since some budget items (e.g. airfare) are based on averages, actual costs may vary depending on individual circumstances (e.g. departure location and date). Except in extenuating circumstances, these overages are the responsibility of the student.
- Desire for additional experiences while abroad: SEG stipends are intended to help cover the basic costs required to successfully complete a student’s summer course(s). While many students elect to participate in extracurricular activities while abroad, such as day trips or restaurant meals, the SEG is unable to provide a stipend for these expenses.