2024-04-18 |
Study Abroad

The study abroad ‘free movers’ saving $20,000

Slash Your Study Abroad Costs: How Free Movers Save $20,000
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Higher Education

The study abroad ‘free movers’ saving $20,000

 
Free movers' are independent students who study abroad outside official university partnerships or bilateral exchange programs. They can save up to $20,000 in tuition by organizing study abroad programs independently or through third-party providers like Asia Exchange.

Asia Exchange facilitates short-term study abroad experiences for 'free movers' from various countries. It offers study destinations in Asia, like South Korea, Bali, and Indonesia, and destinations outside Asia through Beyond Abroad, including Costa Rica and Cuba.

'Free movers' can breathe a sigh of relief when it comes to tuition fees. Typically studying abroad for a semester, they are waived from home tuition fees and take credit-bearing courses overseas. European students with Asia Exchange pay around €2,500 per semester, while US students spend about $4,200. These figures represent significant savings compared to home tuition fees, making studying abroad a more affordable option.

Approximately one-third of US students studying abroad do so as 'free movers,' with funding identified as a significant barrier to more US students participating in overseas programs. Stakeholders are optimistic about the 'free mover' mobility model, seeing it as a way to make studying abroad more accessible and cost-effective for students.

Asia Exchange is an intermediary between universities and short-term students, negotiating tuition fees, processing applications, and reducing student waiting times. The organization has helped students from institutions like UC Berkeley and ISEN Engineering College in Paris study abroad, providing guidance on immigration issues and supporting students in various study destinations.

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