PSU participates in the National Student Exchange (NSE) program which is a domestic program similar to study abroad and is the only comprehensive, university-level, student exchange program in the US. PSU is a Plan B exchange participant which means students pay tuition and fees to PSU and room/board and course fees to the host school. If financial aid resources will be needed to assist in funding your program, it is important to communicate with the Financial Aid Office as you plan your NSE program. PSU allows students to use any financial aid refunds after PSU tuition/fees are paid to cover additional NSE expenses (i.e., room and board). If additional financial assistance is needed, your parents/you may be eligible to apply for loans from the Federal Direct PLUS Loan Program and/or student alternative loans. Once accepted, additional funds are possible by completing a NSE Cost Summary Form, available through the Global Education Office at Bagley House, and contacting Financial Aid for an appointment to discuss loan options.
If you are receiving financial aid at PSU, you can use your financial aid funding as long as specific criteria are met:
- You are currently enrolled as a full- time student in a degree program at PSU and are considered to be in good academic and judicial standing.
- You will be attending an NSE program during the academic year (fall or spring semester)
- The courses for which you register at your host program or university have been approved for credit transfer back to Plymouth (each course requires a completed and approved Transfer Credit Approval form unless on the PSU course approved data base).
- You enroll as and maintain full-time student status at the NSE host institution. As you are aware, only courses in which you earn a “C” or better will transfer back to PSU.
- You complete the Cost Summary Form with the Global Education Office, listing all anticipated expenses including tuition, fees, books, accommodations, meals, flights, and other estimated living expenses. You will want to bring this form to your first appointment with the Financial Aid Office.
FAFSA (Free Application for Federal Student Aid)
The FAFSA must be submitted by March 1st every year if you are in need of any federal aid for the following school year. Please make arrangements to have this application filed on time. This is your source for any PSU grants or scholarships, Federal work-study (which can be used once you return to PSU), Federal Perkins Loan, and Federal Supplemental Opportunity Grants. Late FAFSA filers may only be eligible for Federal Direct Loans, Federal PELL Grants, PLUS and Alternative loans.
A word of caution: Do not miss PSU’s priority March 1 FAFSA deadline if you are participating in a spring NSE semester program and plan to return to PSU the following fall semester. Please make arrangements to complete the application while you are away.