Want to study abroad next year? Start planning now. And save your coins.

Results from a new survey of 850 study-abroad students show that most of them began planning their year abroad in October. The number one concern? Money.

According to a press release, the survey, conducted by IIEPassport.org in conjunction with StudyAbroad.com, found that communication accessibility such as cell phones (2%), cultural issues (4%) and the ability to speak the language (11%) were the least of students' concerns. Money (63%), followed by academic requirements (19%), were their two biggest worries.

"Many students are surprised to learn that their existing financial aid, including their federal aid, is frequently transferable to studying abroad," said Kimberly Gradel, study abroad advisor for IIEPassport.org. "For instance, students who participate in study-abroad programs that cost more than the usual cost of attendance for their school may be able to get an increase in their Federal Pell Grant to help cover those costs."

The costs associated with studying abroad vary greatly depending on locations and programs. Popular locations such as London, Paris and Rome tend to have a higher cost of living and to be more expensive compared to programs and housing for students who want to study in Amman, Beijing or Sao Paulo, the press release indicates.

"The published program costs may not include student housing, books, insurance or travel," Gradel said, "so be sure to ask those questions, and read the fine print."

When researching study abroad programs, Gradel suggests these five tips for selecting the appropriate program:

• First, figure out how much you can afford, then apply for financial aid and budget for expenses.
• Review what is included in the program costs; housing, travel, insurance and books may not be included.
• Visit IIEPassport.org; the site provides detailed program listings that include this type of information.
• Make sure your credits will transfer back to your home institution.
• Talk with your study abroad advisor; she'll know the specifics of studying abroad at your institution.

For additional information on financial aid, she suggests the following resources:

• www.IIEPassport.org
• www.StudyAbroad.com
• www.StudyAbroadFunding.org
• www.nafsa.org/secussa