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FY 2025 Annual Report Now Online

We are pleased to share that ISE | Semester at Sea’s 2025 Annual Report is now available. This year’s report highlights a period of meaningful progress and important milestones made possible by the commitment of our staff, the leadership of our Board of Trustees, and the generosity of our supporters. Together, these efforts have strengthened our momentum and positioned us well for the years ahead.

This fiscal year, Semester at Sea continued its strong momentum. Our total fund balances grew by $3.3 million, driven by $33 million in voyage revenues and $4.1 million in donor support. We added $1 million to our reserve funds, further strengthening our long-term stability, and awarded $5.9 million in financial aid, opening the door for more students to join our voyages.

We are proud to receive Charity Navigator’s four-star rating once again, a reflection of our commitment to running an efficient and effective operation. And with new academic cohorts, record Spring 2025 participation, and innovative programs on the horizon, interest in Semester at Sea continues to grow.

Thank you to our alumni and friends whose generosity fuels this work. Your support shapes today’s voyagers and helps chart a brighter future for generations to come.

Questions about our Annual Report? Contact giving@isevoyages.org for more information.

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