Wondering how to save up for your semester with ILP? We’ve got lots of options to help you pay for your adventure — here’s another way that might work great for you, especially if you applied in advance!
If you are wondering how to pay for a semester abroad (or how to pay for ILP) you are in the right place. We have lots and lots of money tips (like this free guide to Affording A Semester Abroad). One way to make saving a lot easier is to follow a schedule for a whole year; it’s easy to stick to and means you’ll know exactly how much to save each week. At the end of the year, you’ll have saved over $1,000!
Interested? All you have to do is follow these steps:
Step 1: Apply Early for Be An ILP Volunteer
No matter you're dreaming of doing, we recommend you apply ASAP so you can secure a spot in the country you have your eye on.
You can apply up to 1.5 years in advance, so this way of saving is perfect — If you want, you could save with this schedule for a whole year, then start over (just for 6 months ) and raise up to $2,067 … which almost covers your semester in all of our exchange programs.
Wondering why else you should apply early? We’ve got more info right here.
Step 2: Stick To The Schedule
This schedule makes saving a lot of money really, really easy. By the end of one year, you will have raised over half of what a typical ILP program costs. That’s much more manageable, right? We recommend opening up a separate savings account and just transferring money over each week until you hit your goal. That way, you can see your bank account grow and you won’t be tempted to spend the money on something else.
Oh, and feel free to adapt this schedule — if you want to save more one week so you can spend a little more on your birthday week, that’s up to you! Here’s a chart to help keep you on track:
Step 3: Fundraise The Rest!
By following that schedule, you’ll be able to pay for more than 3/4 of the ILP Exchange Program cost, but don’t worry — you can always fundraise the rest. We’ve had volunteers with lots of success fundraising some (or even all) or their program fee.
You can make a semester living abroad really happen — ILP is here to help.
There are even discounts you can get by traveling with a friend, or being flexible about what country you want to make a difference in. Want to know more about where you can go and how to make that happen? Come chat with an ILP Representative!