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Where to Study Abroad: Top 10 Destinations for U.S. Students
Italy, the U.K. and Spain are the most popular study abroad countries for Americans.
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Eliza Haverstock Lead Writer | Student loan repayment, paying for college
Eliza Haverstock is NerdWallet's higher education writer, where she covers all aspects of college affordability and student loans. Previously, she reported on billionaires and investing for Forbes in New York, and she also covered private markets for PitchBook in Seattle. Eliza got started at her college newspaper at the University of Virginia and interned for Bloomberg, where she spent a summer writing a feature story about plastic straws. She is based in Washington, D.C.
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Cecilia Clark is an editor on the loans team. She specializes in student loans and manages product reviews and roundups. Previously, she worked as a freelance writer and developed communications strategies for cybersecurity firms. Cecilia has also worked in post-secondary education, elevator operations management and sales and military nuclear command control, maintenance management and public affairs.
The world is your oyster, but 73% of the nearly 189,000 U.S. students who studied abroad in 2021-22 opted for programs in Europe, according to a November 2023 report published by the U.S. Department of State and the Institute of International Education. About 10.3% of study abroad students went to Latin America or the Caribbean, 5.3% did a program in the Middle East or Africa and 4.7% studied in Asia, the report found.
Looking for inspiration? Consider the 10 most popular study abroad destinations for U.S. college students, along with their average costs.
1. Italy
From the Roman Empire to the Renaissance, Italy has a rich history. Today, it’s the fifth-most visited country in the world. Cities like Florence, Bologna, Milan and Rome are popular destinations for U.S. students.
No. of U.S. study abroad students, 2021-22: 30,610.
If you want to skip the foreign language aspect of study abroad, consider the U.K. It’s home to top universities like the University of Oxford, University of Cambridge, the London School of Economics and Political Science and The University of Edinburgh.
No. of U.S. study abroad students, 2021-22: 27,503.
Average semester program cost: $18,041.
Currency: Pound sterling (£).
3. Spain
Whether you choose Madrid, Barcelona, Valencia or another city, Spain offers immersive study abroad opportunities that can help you boost your language skills. Generally, it also offers a lower cost of living and warm weather.
No. of U.S. study abroad students, 2021-22: 25,348.
NerdWallet ratingNerdWallet's ratings are determined by our editorial team. The scoring formula for student loan products takes into account more than 50 data points across multiple categories, including repayment options, customer service, lender transparency, loan eligibility and underwriting criteria.
Fixed APR
3.59-17.99%
College Ave Student Loans products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply. (1)All rates include the auto-pay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit. Variable rates may increase after consummation. (2)As certified by your school and less any other financial aid you might receive. Minimum $1,000. (3)This informational repayment example uses typical loan terms for a freshman borrower who selects the Flat Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 7.78% fixed Annual Percentage Rate (“APR”): 54 monthly payments of $25 while in school, followed by 96 monthly payments of $176.21 while in the repayment period, for a total amount of payments of $18,266.38. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary. Information advertised valid as of 11/1/2024. Variable interest rates may increase after consummation. Approved interest rate will depend on creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of the Flat Repayment Option with the shortest available loan term.
Variable APR
5.34-17.99%
College Ave Student Loans products are made available through Firstrust Bank, member FDIC, First Citizens Community Bank, member FDIC, or M.Y. Safra Bank, FSB, member FDIC. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms, and conditions apply. (1)All rates include the auto-pay discount. The 0.25% auto-pay interest rate reduction applies as long as a valid bank account is designated for required monthly payments. If a payment is returned, you will lose this benefit. Variable rates may increase after consummation. (2)As certified by your school and less any other financial aid you might receive. Minimum $1,000. (3)This informational repayment example uses typical loan terms for a freshman borrower who selects the Flat Repayment Option with an 8-year repayment term, has a $10,000 loan that is disbursed in one disbursement and a 7.78% fixed Annual Percentage Rate (“APR”): 54 monthly payments of $25 while in school, followed by 96 monthly payments of $176.21 while in the repayment period, for a total amount of payments of $18,266.38. Loans will never have a full principal and interest monthly payment of less than $50. Your actual rates and repayment terms may vary. Information advertised valid as of 11/1/2024. Variable interest rates may increase after consummation. Approved interest rate will depend on creditworthiness of the applicant(s), lowest advertised rates only available to the most creditworthy applicants and require selection of the Flat Repayment Option with the shortest available loan term.
NerdWallet ratingNerdWallet's ratings are determined by our editorial team. The scoring formula for student loan products takes into account more than 50 data points across multiple categories, including repayment options, customer service, lender transparency, loan eligibility and underwriting criteria.
Fixed APR
3.49-15.49%
Lowest rates shown include the auto debit. Advertised APRs for undergraduate students assume a $10,000 loan to a student who attends school for 4 years and has no prior Sallie Mae-serviced loans. Interest rates for variable rate loans may increase or decrease over the life of the loan based on changes to the 30-day Average Secured Overnight Financing Rate (SOFR) rounded up to the nearest one-eighth of one percent. Advertised variable rates are the starting range of rates and may vary outside of that range over the life of the loan. Interest is charged starting when funds are sent to the school. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan’s Current Principal at the end of the grace/separation period. To receive a 0.25 percentage point interest rate discount, the borrower or cosigner must enroll in auto debit through Sallie Mae. The discount applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month. It may be suspended during forbearance or deferment. Advertised APRs are valid as of 10/25/2024. Loan amounts: For applications submitted directly to Sallie Mae, loan amount cannot exceed the cost of attendance less financial aid received, as certified by the school. Applications submitted to Sallie Mae through a partner website will be subject to a lower maximum loan request amount. Miscellaneous personal expenses (such as a laptop) may be included in the cost of attendance for students enrolled at least half-time. Examples of typical costs for a $10,000 Smart Option Student Loan with the most common fixed rate, fixed repayment option, 6-month separation period, and two disbursements: For a borrower with no prior loans and a 4-year in-school period, it works out to a 10.28% fixed APR, 51 payments of $25.00, 119 payments of $182.67 and one payment of $121.71, for a Total Loan Cost of $23,134.44. For a borrower with $20,000 in prior loans and a 2-year in-school period, it works out to a 10.78% fixed APR, 27 payments of $25.00, 179 payments of $132.53 and one payment of $40.35 for a total loan cost of $24,438.22. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 10 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Variable APR
5.04-15.21%
Lowest rates shown include the auto debit. Advertised APRs for undergraduate students assume a $10,000 loan to a student who attends school for 4 years and has no prior Sallie Mae-serviced loans. Interest rates for variable rate loans may increase or decrease over the life of the loan based on changes to the 30-day Average Secured Overnight Financing Rate (SOFR) rounded up to the nearest one-eighth of one percent. Advertised variable rates are the starting range of rates and may vary outside of that range over the life of the loan. Interest is charged starting when funds are sent to the school. With the Fixed and Deferred Repayment Options, the interest rate is higher than with the Interest Repayment Option and Unpaid Interest is added to the loan’s Current Principal at the end of the grace/separation period. To receive a 0.25 percentage point interest rate discount, the borrower or cosigner must enroll in auto debit through Sallie Mae. The discount applies only during active repayment for as long as the Current Amount Due or Designated Amount is successfully withdrawn from the authorized bank account each month. It may be suspended during forbearance or deferment. Advertised APRs are valid as of 10/25/2024. Loan amounts: For applications submitted directly to Sallie Mae, loan amount cannot exceed the cost of attendance less financial aid received, as certified by the school. Applications submitted to Sallie Mae through a partner website will be subject to a lower maximum loan request amount. Miscellaneous personal expenses (such as a laptop) may be included in the cost of attendance for students enrolled at least half-time. Examples of typical costs for a $10,000 Smart Option Student Loan with the most common fixed rate, fixed repayment option, 6-month separation period, and two disbursements: For a borrower with no prior loans and a 4-year in-school period, it works out to a 10.28% fixed APR, 51 payments of $25.00, 119 payments of $182.67 and one payment of $121.71, for a Total Loan Cost of $23,134.44. For a borrower with $20,000 in prior loans and a 2-year in-school period, it works out to a 10.78% fixed APR, 27 payments of $25.00, 179 payments of $132.53 and one payment of $40.35 for a total loan cost of $24,438.22. Loans that are subject to a $50 minimum principal and interest payment amount may receive a loan term that is less than 10 years. A variable APR may increase over the life of the loan. A fixed APR will not.
Credible lets you check with multiple student loan lenders to get rates with no impact to your credit score. Visit their website to take the next steps.
4. France
Outside of Paris, French cities like Lyon, Strasbourg and Lille host thousands of American students each year. Depending on your program, you might study alongside other U.S. or international students, or you could integrate directly into a French university.
No. of U.S. study abroad students, 2021-22: 14,397.
Average semester program cost: $12,758.
Currency: Euro (€).
5. Germany
Programs are typically taught in German, but there are also English-language options. You’ll encounter diverse international perspectives if you study in Germany: With 83 million residents, it has the largest population of any European Union state — and 13% come from other countries.
No. of U.S. study abroad students, 2021-22: 7,644.
Average semester program cost: Not available.
Currency: Euro (€).
6. Ireland
Ireland is another option if you want to study in English. Dublin, the capital of the Republic of Ireland, hosts major universities like Trinity College Dublin and University College Dublin. Students may also study abroad in smaller cities like Cork and Galway.
No. of U.S. study abroad students, 2021-22: 7,031.
Average semester program cost: $13,952.
Currency: The Republic of Ireland uses the euro (€); Northern Ireland, where you may likely visit, uses the pound sterling (£).
7. Costa Rica
Costa Rica has plenty to offer. More than 25% of the country is protected national park land, and the capital city, San José, is home to the Inter-American Court of Human Rights and the United Nations University of Peace. Studying abroad in Costa Rica is also a great way to improve your Spanish.
No. of U.S. study abroad students, 2021-22: 4,751.
Average semester program cost: $8,080.
Currency: Colon (₡); U.S. Dollars are widely accepted in Costa Rica.
If you’re intrigued by ancient history, consider studying abroad in Athens, the capital of Greece and its largest city. University courses are often taught in English, but you can still immerse yourself in the local culture and language.
No. of U.S. study abroad students, 2021-22: 4,484.
Average semester program cost: Not available.
Currency: Euro (€).
9. Denmark
Most study abroad programs in Denmark are taught in English, so you won’t need to worry about a language barrier. The capital of Copenhagen is a frequent destination, particularly for students who choose third-party study abroad programs. Watch out for a high cost of living, though.
No. of U.S. study abroad students, 2021-22: 4,393.
Average semester program cost: Not available.
Currency: Danish krone (kr).
10. South Korea
Korea contains about 200 four-year universities. Yonsei University, a major institution based in Seoul, is popular with exchange students. Most courses are taught in Korean, but students also have English-language options.
No. of U.S. study abroad students, 2021-22: 4,304.
