No college experience is complete without signing up for a study abroad program and spending a semester in an exotic location. But when it comes down to money, it can feel like you and your family are putting a strain on your wallets. So if you're planning a semester abroad and worried about expenses, don't be. Because Boro is here to help.
Our low-interest personal loans, which start at $50 and have a starting APR of 15.9%, are tailored to whatever your needs may be. Here are four ways a Boro loan can help you spend less time thinking about financing a semester abroad and more time about the exciting adventures that await you.
No matter where you decide to go for your semester abroad, selecting and paying for your airfare can be a hassle, especially if your itinerary requires you to disembark one plane and then board another plane. Deciding how to spend your Christmas and Spring breaks can also prove to be a hassle should you make the decision to travel home for the holidays. A Boro loan will make planning your itinerary easier, as it promises to help cover such expenses and make traveling feel less stressful.
It's no secret that paying yearly tuition can cost undergraduate students a handful. Paying yearly tuition when you're abroad, however, can cost undergraduate students an even larger handful. While it may not cover the entire tuition cost, a Boro loan can help cover most of the sum charged for instruction and can be of immense help in the long run.
Concerned about what might happen you or your friends get in an accident and need to go to the local hospital? Or when you get an urgent message that requires you to catch the next flight home? Signing up for a loan can help cover these examples and other emergencies that may take place during your time abroad. It may not seem necessary, but it doesn't hurt to play it safe.
Figuring out you where you're going to live during your semester abroad comes with several options. Some prefer to stay in a student dormitory while others decide to stay in a private or shared apartment, depending on whether or not they have friends participating in the same program. Whatever option you choose, it can be somewhat expensive to afford. A Boro loan can help pay for your living arrangements or, should you choose an apartment, cover things such as utilities and internet.