Purpose: The purpose of this study is to identify students' motivations and perceived benefits of engaging in study abroad programs, as well as challenges and missed opportunities. Design/methodology/approach: An online survey was sent to random samples of students on two university campuses. Descriptive statistics and frequency analyses were conducted with the use of the SPSS data management software package. Findings: Despite the majority of students having previous international travel experience and understanding the benefits of study abroad programs, most of them will not pursue the possibility to enroll in the study abroad programs. Contrary, most of respondents did express an interest to participate in international co-op/internship opportunities while attending the university. The study identified motivations, perceived benefits and constraints for students to enroll in study abroad programs. Research limitations/implications: Further research using samples from different universities and colleges would present a more comprehensive picture of motivations, expectations and constraints. Practical implications: Educators should promote study abroad program benefits and clearly identify the link between international experiences and future students' employability. Study abroad programs can serve as important tool for increasing overall students' retention and recruitment. Social implications: In higher education, study abroad programs can serve as important tool for increasing overall students' retention and recruitment. Originality/value: This research uncovers students' study abroad intent, interests, motivations, perceived personal and professional benefits and desired structure for the program. The findings provide insights into how administrators can enhance the value of the summer study abroad program offered by higher educational institutions.