IES Abroad has committed a total of $2.15 million in study abroad financial aid for the 2010-2011 academic year.
Chicago, IL (PRWEB) June 28, 2010
In response to rising economic needs of American college students, IES Abroad increased need-based study abroad scholarships by 35% for the Fall 2010 term compared to 2009. The leading U.S. study abroad provider experienced a 19% increase in need-based financial aid applications for the Fall 2010 term over the previous year.
More than 54% of the applicants received a study abroad award of $1,000 or higher and almost 25% received a $2,000 award. The average Fall 2010 study abroad award is $1,300, an increase of 58% over Fall 2009.
IES Abroad, a not-for-profit academic consortium, is one of the nation’s largest sources of scholarships for international study, both in terms of total awards and numbers of students assisted. It has committed a total of $2.15 million in financial aid for the 2010-2011 academic year. This increases the $2 million in student financial aid that IES Abroad has committed over the past three years.
The organization’s study abroad financial aid supports need-based, merit-based, diversity, and legacy scholarships, as well as public university grants. Scholarships assist students from U.S. colleges and universities studying overseas at one of IES Abroad’s 92 programs in 32 cities. Students can find information about 2011 spring and summer study abroad scholarships at the IES Abroad website.
IES Abroad, which celebrates its 60th anniversary in 2010, is a global, not-for-profit academic consortium offering study abroad programs to more than 5,400 U.S. college students each year who participate in 92 programs at 32 international locations in Africa, Asia, Australia, Europe, New Zealand and South America. http://www.IESabroad.org.