One of the first questions that follows the decision to take a gap year is usually “what does it cost?” We know that this transition in a young adult’s life is overwhelming: deciding what to do, where to go, and how to pay for it can be a lot to manage. That’s why we want to make financing your gap year as straightforward as possible...less time on paperwork, more time planning your adventure!
*Prices, terms, and conditions are subject to change, and if they do, we’ll always notify you as far in advance as possible.
*In the event you decide to discontinue the program after your Year On has begun, we’ll work closely with you to determine which portion of the program fee, if any, is refundable.
Year On fellows come from all kinds of socioeconomic backgrounds, and we want all of them to be successful in their gap year endeavor. Here, you'll find everything you need to know about financing your Year On.
We’ve got two ways for fellows to apply for financial aid—submit a FAFSA or complete a personal financial statement. Please note, you can only apply for financial aid after registering and being confirmed for one of Year On's programs.
The FAFSA (Free Application for Federal Student Aid) is a form that can be prepared by any current or prospective college student in the US to determine their eligibility for student financial aid. Year On does not qualify for federal aid programs, however since most students and families choose to complete the FAFSA form in anticipation of applying for college financial aid, we use the results of the FAFSA to complete our financial aid review.
If you did not file and do not plan to file the FAFSA, you can complete a Personal Financial Statement describing your family’s financial circumstances. Statements should include the following information:
Many private organizations and universities offer funding for gap years, travel, volunteering or field-specific projects. Make sure to look into funding from local organizations. You can even ask community service clubs or businesses if they would be willing to sponsor your gap year. There are also some third party financing organizations that focus on assisting students in experiential learning programs.
Download our financial resources guide learn more about these programs.