A recent New York Times article announced, “many public institutions that used to get most of their financing from state governments now rely on tuition for more than half their budgets.” It comes as no surprise then that with international students paying out of state tuition – which is higher than the in-state tuition – along with international student fees, that colleges are turning to international students to not only diversify their student body but to also help bridge the funding gap. With that being said, however, there are still schools providing financial aid to international students that show their hard work, dedication, and capability to rise above the challenge.
The U.S. News Report comes out with the list of top 10 schools providing financial aid to international students. This can be quite helpful as studying abroad can be expensive between, travel and tuition, student fees and programming – and after all said and done, the majority of international students are not eligible for federal financial aid programs.
Here are the top 10 schools providing financial aid to international students according to this 2011-2012 report:
|School||State||Average aid awarded to international undergraduates||Number of international undergraduates who received aid|
|University of Chicago||IL||$48,907||58|
According to this list, you’ll notice a lot of big name universities and colleges – and most are located in the Northeast in the United States. While applications can be competitive, and financial aid even more so, having an outstanding college application with strong test scores and high school stats can provide you with the opportunity to stand out among the rest.