Unlock a world of education with affordable study abroad programs

March 4th, 2024 by IEFA

Dreaming of studying abroad but worried about the financial burden? Fear not! With the right strategies and resources, you can unlock a world of affordable study abroad education without emptying your bank account. This blog post will guide you through budget-friendly study abroad opportunities, financial aid options, practical cost-saving tips, work-study and internship opportunities and more. Let’s embark on this journey to make your study abroad dreams a reality!

Key takeaways

  • Explore budget-friendly study abroad opportunities and experience global perspectives, language learning and cultural immersion!
  • Leverage external scholarships and resources to make your overseas dreams a reality with the help of knowledgeable advisors.
  • Take advantage of specialized scholarships tailored to you for financial assistance and explore databases packed with funding options.

Unlocking affordable global education: budget-friendly study abroad opportunities

Studying abroad offers students an invaluable opportunity to gain a global perspective, learn a new language and immerse themselves in a different culture. However, many students worry about the costs associated with such an experience. The good news is there are budget-friendly study abroad opportunities out there that make it possible for more students to explore the world without breaking the bank.

There are various types of study abroad programs to choose from, including economical semester programs, short-term and summer immersions and even virtual international learning experiences. Choosing the appropriate program can help you optimize financial aid and reduce the costs of studying abroad. Here are some budget-friendly alternatives to consider.

Economical semester programs around the globe

Affordable semester study abroad programs are available in many locations around the globe. Some cost-effective options include:

Exploring semester-long study abroad programs can offer international students a deeply enriching educational experience abroad, while keeping finances intact.

Short-term and summer immersions on a dime

Short-term and summer study abroad programs can be an excellent option for students seeking a more affordable international experience. Some exciting and budget-friendly options include:

Choosing short courses offers a fantastic opportunity to immerse yourself in different cultures and gain valuable skills, all while keeping within your budget constraints.

Virtual international learning experiences

Virtual international learning experiences present a budget-friendly option compared to conventional study abroad programs. Utilizing online platforms, you can access diverse global learning opportunities:

  • Virtual Study Abroad Programs: These are structured courses offered by international universities, simulating the study abroad experience through online classes, cultural immersion activities, and virtual interaction with international students and faculty.
  • Online Global Learning Experiences: These refer to less formal educational activities, like webinars, global seminars, and short courses focusing on international topics, providing a broader perspective on global issues and diverse cultures.
  • Virtual International Exchange Activities: This includes interactive sessions such as language exchange, cultural workshops and collaborative projects with peers from various countries, enhancing cross-cultural communication and understanding.

Navigating financial aid for your study abroad journey

Understanding the financial aid options available for studying abroad is crucial to making this experience more accessible and affordable. There are various types of financial aid, including government-sponsored student aid, scholarships and grants.

To find and apply for financial aid, follow these steps:

  1. Reach out to both the study abroad office on your campus and the program of your choice to discover the most suitable option for your personal situation.
  2. Focus on scholarships and grants, if available, to maximize funding that does not have to be repaid.
  3. Prioritize any government funded loans you may qualify for before private loans.

Using every available resource and searching for scholarships can help you optimize your financial aid and turn your study abroad dreams into reality. Remember, every bit of financial assistance counts!

Maximizing federal student aid for overseas studies

U.S. citizens may be eligible for federal student aid for overseas studies, so it’s important to understand the eligibility criteria, application process, and terms and conditions of the federal student aid programs available, including federal student loan programs. 

Federal student aid can be used to fund:

  • Tuition
  • Books
  • Fees
  • Insurance
  • Transportation
  • Room and board
  • Other school-related expenses

Carefully studying and applying for federal student aid can help college students substantially reduce the cost of their study abroad experience.

Scholarships tailored for international education

There are numerous scholarships specifically designed for international education, making study abroad programs more affordable and accessible for students. Some examples include the Benjamin A. Gilman International Scholarship Program, offering grants of up to US$5,000 for U.S. undergraduate students to fund their study abroad programs, and the Boren Awards for International Study, providing funding for undergraduate and graduate students to study world regions critical to U.S. interests.

For non-U.S. students, the Fulbright Foreign Student Program is an option, and many others can be found in the scholarship search on IEFA.

Applying for study abroad scholarships that align with your needs and objectives can make your study abroad journey more attainable.

Grants to make studying abroad attainable

Grants can be a crucial resource for students looking to study abroad, especially those who are mindful of their budgets. These funds are typically provided by government entities, educational institutions, or private organizations, and they’re designed to help cover various educational expenses. This can include tuition, fees, books and sometimes even living costs. What makes grants especially appealing is that they don’t need to be repaid, making them an attractive option for students seeking financial aid.

Now, it’s important to understand how grants differ from scholarships, as both are types of financial aid but serve different purposes and come with their own set of criteria. 

Grants, as mentioned, are often need-based. This means they are awarded to students primarily based on their financial situation. The aim is to support those who might not otherwise afford an education, particularly abroad. Governments, institutions, and organizations assess a student’s financial need through various forms of documentation and applications to determine eligibility.

Scholarships, on the other hand, are often merit-based. They are awarded to students who demonstrate exceptional academic achievements, talents, or involvement in community service. Scholarships can also support students studying particular subjects or those from certain backgrounds. Like grants, scholarships do not require repayment, making them another excellent way to fund your studies abroad. However, they might come with conditions such as maintaining a certain grade point average to continue receiving the scholarship.

Leveraging external scholarships and resources

External scholarships and resources can play a vital role in helping you fund your study abroad experience. By leveraging these opportunities, you can make your study abroad dreams a reality without exhausting your finances.

Databases packed with study abroad funding options

Explore databases packed with study abroad funding options to find the right scholarships and grants that align with your needs and goals. Some examples of these databases include IEFA and International Scholarships.com.

These resources can help you uncover an abundance of funding opportunities to make your study abroad experience more affordable.

Specialized scholarships for unique student profiles

Specialized scholarships tailored to unique student profiles, such as first-generation students or under-represented groups, can be a great way to secure financial assistance. You can search specifically for scholarships based on your country, ethnicity, destination preferences or other criteria.

Applying for scholarships that align with your unique background and profile can also enhance your chances of securing financial support.

The role of nonprofit organizations in awarding scholarships

Nonprofit organizations play a crucial role in awarding scholarships and supporting students in their study abroad journey.

Researching and applying for scholarships offered by nonprofit organizations can boost your chances of obtaining financial aid.

Practical tips for reducing study abroad costs

Choosing economical destinations

Selecting study abroad destinations with a lower cost of living is a great way to save money while still experiencing a new culture and gaining valuable skills.

Choosing a budget-friendly destination can make your study abroad journey more feasible without compromising your educational quality.

Smart budgeting for daily expenses

Effectively budgeting for daily expenses is crucial for keeping your study abroad costs under control. Being aware of your daily expenditures and making wise choices can let you enjoy your study abroad journey without the worry of excessive spending.

Read our post about studying abroad on a budget.

Accessible accommodation options

Finding affordable accommodation is another essential aspect of reducing study abroad costs. Living in residence halls on campus, renting a private apartment off campus or participating in a homestay are options to explore.

Carefully studying and selecting suitable accommodations for your requirements can help you maintain low housing costs and ensure a comfortable stay abroad.

Exploring work-study and internship opportunities abroad

Work-study and internship opportunities abroad offer another pathway to help fund your education while gaining valuable experience and making a difference. These opportunities not only provide financial support, but also enhance your career prospects and personal growth. It’s important to check whether your visa or immigration status will allow you to work legally while you’re in your chosen country.

Balancing work and study in a new country

Finding the right balance between work and study while experiencing a new country is crucial for maximizing the benefits of your study abroad journey. By managing your workload and prioritizing your academic commitments, you can ensure your academic performance isn’t negatively impacted.

Moreover, working while studying abroad can provide you with valuable skills and experiences that can boost your academic performance and future career prospects.

Intern abroad for career growth and financial support

Interning abroad can be an excellent opportunity for both financial support and career growth. By participating in internships in your field of study, you can gain valuable work experience, expand your professional network and develop essential skills sought by employers.

Paid internships abroad also can be a great way to offset the cost of your study abroad program while still gaining an unforgettable international experience.

Community service as a pathway to growth

Engaging in community service may not be a way to fund your education but it can certainly make a difference in your life and the lives of others. While paid volunteer positions are generally uncommon in the U.S., certain programs might offer non-financial benefits such as accommodation, meals, travel support, or access to social activities. 

This experience can also enhance your personal growth and provide you with valuable skills and insights that can be applied to your future career and personal life.

Expert insights: Consult your study abroad advisor

Consult your on-campus study abroad advisor to ensure you make the most informed decision possible about your study abroad experience. Your advisor can provide personalized program recommendations, help you understand the fine print of financial support options and offer ongoing support before, during and after your program.

Personalized program recommendations

Study abroad advisors can help you find the perfect program for you by getting to know your goals, interests and preferences during appointments. They’ll provide you with tailored recommendations for study abroad programs that fit your needs.

Consult your study abroad advisor to ensure you select a program that matches your academic and personal goals.

Understanding the fine print of financial support

When it comes to financial support for studying abroad, it’s important to understand the fine print, such as eligibility criteria, application requirements and how the funds can be used. Your study abroad advisor or financial aid office may be able to help you navigate these details and ensure you have a clear understanding of the financial assistance available to you.

This knowledge will be invaluable in helping students make the most of their study abroad experience.

Ongoing support before, during and after the program

Your study abroad advisor can provide ongoing support throughout your study abroad journey, including before, during and after your program. This support can include:

  • Guidance on program selection
  • Assistance with visa and documentation
  • Connecting you with resources and support services
  • Answering any questions or concerns you may have while abroad

By maintaining a strong relationship with your study abroad advisor, you can ensure you have the best possible experience and make the most of your time overseas.

What we’ve learned about affordable study abroad options

Studying abroad doesn’t have to be financially daunting. You can optimize your funds by exploring budget-friendly study abroad programs, understanding financial aid options, implementing practical cost-saving measures and leveraging external scholarships and resources. Remember, with the right strategies and support, you can unlock a world of education and adventure without breaking the bank. So, why wait? Start your journey today!

Frequently Asked Questions

How can I study abroad on a budget?

Studying abroad doesn’t have to be expensive – choose a low-cost program, become a budgeting expert, cook your own meals, buy discount cards and travel cheaply. Plus, apply for scholarships early, go through a program provider, choose a location with a low cost of living, avoid large cities and opt for homestays! Lastly, consider enrolling directly in a foreign university, do a work-study or opt for a cheap study abroad program and then apply for scholarships and grants for even more savings! With these tips, you can make studying abroad on a budget a reality.

What are some budget-friendly study abroad opportunities?

Looking for a budget-friendly way to study abroad? Check out economical semester programs, short-term immersions and virtual international learning experiences – all are great options!

What resources can help me find scholarships and grants for studying abroad?

Take advantage of online databases like IEFA and specialized scholarships for study abroad and investigate nonprofit organizations offering awards and ongoing support. It’s time to get started!


Exploring Different Credit Card Options for International Students in the U.S.

March 22nd, 2023 by IEFA

The overall process of obtaining a credit card as a non-citizen in the United States can appear daunting, especially without a Social Security number. However, international students can get credit with credit cards without needing social security information. Here, we’ll provide more on different credit card options for non-citizen students in the U.S.

The key to acquiring student credit cards in the U.S. is knowing which cards you’re eligible for and understanding their requirements. Before we look at the different international student credit cards available, let’s look at the challenges non-citizen students face when getting a credit card!

Challenges to Overcome When Acquiring a Credit Card

First, you need to look at the requirements set by the credit issuer carefully and thoroughly because the requirements for each credit issuer vary. For instance, most credit companies in the U.S. require a social security number, whereas others waive this requirement. Holders of F-1 or J-1 visas can apply for a social security number via the Social Security Administration (SSA) to ease the process of acquiring a credit card.

Another challenge international students encounter is the need for a bank account in the U.S. Before getting a credit card, you need to open an account. Obtaining a bank account in the U.S. makes it easier to manage and keep track of personal finances. For example, you can easily monitor what you have and what you owe.

Let’s dive in!

Best Credit Card Companies for International Students

Non-citizen students pursuing higher education in the U.S. can get credit cards without a Social Security number or extended credit history from the card issuers. Below are credit card options you can consider:

Deserve EDU Mastercard

The Deserve EDU Mastercard is an excellent option for students because it doesn’t require applicants to provide a Social Security Number. The credit card is best for Amazon Prime benefits, and other perks such as:

  • Up to US$59 in Amazon Prime Student subscription reimbursement upon spending $500 on your card in three billing cycles of account opening
  • 1% back in rewards for each dollar spent
  • No foreign transaction fees
  • No security deposit
  • No annual fee
  • 20.99% variable APR

Generally, the Deserve EDU Mastercard for students won’t charge any security deposit or annual fee. In addition to the benefits mentioned above, students are also eligible for US$30 in rewards for every referral.

Petal-2 Visa Credit Card

International students can acquire a Petal-2 visa credit card from WebBank. You can apply for a credit card without a Social Security number. However, you must provide an Individual Taxpayer Identification Number (ITIN). ITIN is a federal income tax reporting requirement for non-citizens and international students.

International students with ITIN can apply for Petal-2 Visa Credit Card and begin earning 1% back on total spending. Continued use of the card increases the cash back to 1.25 percent in six months and 1.5% after 12 months of on-time payments.

Petal-2 visa credit card comes with a minimum credit limit of US$300 up to US$10,000, depending on creditworthiness. The credit card is user-friendly as it doesn’t charge an annual or foreign transaction fee. Above that, the company has a mobile app that allows you to pay on the go and keep track of your spending. Petal-e visa credit card is best for a flat cash back reward.

Why consider this credit card:

  • 15.24% to 29.24% variable APR
  • No security deposit needed
  • 1-1.5% cash back on transactions upon making on-time payments
  • 2-10% cash back at select merchants

Capital One Quicksilver Student Cash Rewards Credit Card

Are you looking for a credit card for your everyday spending? Look no further than Capital One Quicksilver student cash rewards offering enticing 1.5% cash back on all everyday purchases. The credit card launched in August 2021, and international students can apply with an ITIN rather than using a Social Security Number. In addition, credit cards are accessible for students with fair credit bureaus.

The Capital One Quicksilver Student Cash Rewards offers one of the most competitive reward rates on the student credit card. Cardholders are eligible to earn a flat 1.5% cash back. You can choose varying options in which you prefer to receive your cash back rewards. Options available include gift cards, checks, statement credits, or applying rewards directly to new purchases.

Why choose it:

  • 16.49% to 26.49% variable APR
  • No foreign transaction fees
  • No annual fee
  • Unlimited 1.5% cash back on daily purchases

Capital One SavorOne Student Cash Rewards Credit Card

The Capital One SavorOne Cash back reward launched in August 2021 and is an excellent option for students seeking to incorporate credit cards in dining and entertainment. International students can acquire a credit card with an ITIN.

The credit card offers 3% cash back on select categories, including entertainment, streaming services, dining, and grocery stores (excluding Walmart and Target).

Apart from rewards from select merchants, the Capital One SavorOne reward for students integrates unlimited 1% cash back on general purchases. In addition, students can build up cash rewards for an extended time since the cash back rewards generated with Capital One credit cards don’t expire.

Why select it:

  • 16.49% to 26.49% percent variable APR
  • No foreign transaction fees
  • No annual fees
  • 1% cash back on general purchases
  • 3% cash back on dining, grocery stores, entertainment, and streaming services

Journey Student Rewards from Capital One

International students in America can apply for the Journey Student Rewards from Capital One using an ITIN in lieu of a Social Security number. Cardholders receive 1% back in rewards. Additionally, they can enjoy 1.25% back once they process their credit card bill on time.

International students can benefit from this credit card that features no foreign transaction fee/ annual charge. In addition, Capital One usually reviews the credit card account for credit line increases after six months of purchase activity.

Why choose it:

  • 26.99% variable APR
  • No foreign transaction fees
  • Offers unlimited 1% perks back on all spending (get 1.25% on on-time credit bill payment)
  • Unlimited 5% cash back on bookings (hotel and rental cars) via Capital One Travel.

Chase Freedom Student Card

Non-citizen students can apply for a Chase freedom student credit card using an ITIN without providing a Social Security number. The credit card offers flat 1% cash back on daily spending. Card owners can also enjoy 5% cash back on Lyft and a US$50 sign-up bonus upon initial purchase after opening the account.

The Chase Freedom credit card for students charges a 3% foreign transaction fee, unlike other credit cards with free foreign transactions. However, international students can access their credit scores for free with Chase’s Credit Journey program and the card has no annual fee. In addition, you’ll earn US$20 in Good Standing Rewards yearly for the account anniversary.

Why choose this credit card:

  • 16.49% variable APR
  • No annual fee
  • 1% cash back on all spending
  • US$50 bonus upon making your first purchase within three months of opening the account
  • US$20 credit for accounts in good credit standing every year (for five years).

Tips to Get a Credit Card as an International Student

Some practices can optimize your chances of obtaining a credit card for international students. 

  • If you’re applying for a United States based credit card, wait until your arrival in the U.S. This is because most U.S. credit cards require a stateside address for approval.
  • While applying for credit cards in your home country, ensure the credit card option doesn’t charge foreign transaction fees.
  • Apply for an Individual Taxpayer Identification Number (ITIN). An ITIN can increase your options of getting a United States credit card, especially if you lack a Social Security Number (SSN).
  • Check your eligibility for a Social Security number. International students with F-1 visas can access SSNs. In addition, the U.S. Department of Homeland Security provides relevant information on its webpage for international students.

Benefits of Having a Student Credit Card

Students studying abroad can garner many benefits from a credit card. Below are some of these benefits;

  • Build a good credit history through on-time repayments
  • Learn financial discipline/how to use money
  • Excellent backup plan
  • Avoid overdrafts
  • Gain rewards/perks

 FAQs

Can an International Student Get a Credit Card in the U.S.?

International students are eligible for credit cards if the credit card issuer accepts Individual Taxpayer Identification Number (ITIN) to substitute Social Security number. Students with limited credit history may need additional consideration for approval for credit card applications, i.e. cosigner, proof of income, etc.

Which Credit Card is Best for International Students?

The best credit card for non-citizen students studying in the United States is one that provides high rewards on purchases, charges no foreign transaction fees, and is eligible for students without a Social Security number. Examples of such cards include: Deserve EDU Mastercard, Capital One SavorOne rewards for students, and Capital One Quicksilver reward credit cards for international students.

Can an International Student Get a Credit Card without an SSN?

Yes. Some credit card companies accept ITIN as a substitute for Social Security numbers for international student credit card applications.

Which Credit Card is Best for International Students in the U.S. without an SSN?

Credit card companies such as Capital One, Discover, and Chase issue credit cards to international students without SSNs. International students without SSNs can consider students credit card issuers who accept ITIN instead of SSNs.


Before selecting a particular credit card company, weigh the options available. Different credit card issuers integrate a varying set of requirements and rewards. International students seeking the best credit card can consider companies like Discover, Capital One, Deserve, and Bank of America. Wrapping up, ensure you choose the best option for you!

*Information accurate as of March 2023

Resources

https://www.forbes.com/advisor/credit-cards/best/student/

https://educationusa.state.gov/your-5-steps-us-study/apply-your-student-visa/short-term

https://www.wes.org/advisor-blog/building-your-credit/

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International Student Credit Cards in the U.S. 

March 20th, 2023 by IEFA

Credit cards are some of the best financial tools available to international students in the U.S. You can have access to cash during emergencies or take advantage of rewards or cash-back programs to save money. With so many options available, it is important to select the right card for your needs.

In this article, we will be sharing everything you need to know about selecting the best credit cards for international students in the US.

How Do International Student Credit Cards Work?

Like with any credit card, this type of card allows you to make purchases, earn rewards and even withdraw cash from ATMs when necessary.

However, international student cards are designed specifically for non-US citizens studying in the US. Some of these cards allow you to transfer funds from your home country with no added fees, making them a great option for international students. With these benefits, international students have the opportunity to experience financial independence during their time studying abroad.

No matter how many benefits a credit card offers, if you don’t use them responsibly, you can end up with a pile of debt. That is why it’s important to know the features and benefits that come with any credit card before signing up, and to use them responsibly.

What Are the Benefits of an International Student Credit Card?

Here are some of the benefits of using an international student credit card:

Access to Cash: Credit cards can be a great financial security blanket. With the ability to access cash from ATMs worldwide, you’re never too far away from help in case of an unexpected emergency or everyday purchase. Just keep in mind that some may charge a fee for utilizing this feature – so make sure to check terms before using this facility.

Lower-Interest Rates: International student credit cards offer the perfect solution for those studying abroad – not only do they provide more flexibility with their global acceptance, but also boast lower interest rates than many traditional credit cards.

Rewards and Cash-Back Programs: Most secured credit cards come with rewards or cash-back programs that allow you to earn cash rewards or points for every purchase you make. You can then use these points to get discounts on future purchases or even redeem them for products and services.

Credit Building: One of the best parts of having a credit card is that it can help you build your credit. By making timely payments and staying within your credit limit, you can slowly increase your credit score over time. This is great news for international students who may not have a lot of options when it comes to building their credit in the US.

*Note: Just as we mentioned earlier, the risks of having a credit card cannot be overlooked by the benefits mentioned above. It is important to use your credit card responsibly and not overspend, or you may end up in a lot of debt.

Things to consider when shopping for international student credit cards

Now let’s look at some of the factors you should consider when shopping for one of these credit cards.

Annual fee

Annual fees are the price that you pay to use and maintain the credit card. Most credit card issuers, however, don’t charge annual fees for an international student credit card. If a card does have an annual fee, make sure you read the terms and conditions carefully to ensure that it is worth paying.

Foreign transaction fees

A foreign transaction fee is a fee you pay for using your credit card in a different country. Most international student credit cards do not have a foreign transaction fee, so make sure to check this before signing up for a card.

Credit limit

One downside of secured credit cards is that the credit limit can be quite low, making it hard to make large purchases. But since you are a student, you might not need a large credit limit. If you still need a higher credit line, make sure to talk to the card issuer and see if you can increase your credit limit.

Rewards/cashback

Just as we mentioned earlier, most credit card companies offer rewards or cash-back programs for international students. This is a great way to save money on future purchases or even redeem them for products and services. However, make sure to read the terms and conditions carefully before signing up for any rewards program!

Security deposit

Since it’s a secured credit card, you have to provide a security deposit when you sign up. This amount is usually determined by the card issuer, so make sure to ask about this before signing up. On average, it’s around $500 to $2,000.

Your needs/spending habits

Make sure to consider your own needs and spending habits when looking for the best international student credit card. After all, it’s important to find a card that fits your lifestyle and budget. Make sure to follow a budget and only use a credit card when absolutely necessary.

Requirements

Every credit card company is different and has different requirements for international students. For example, some companies might need you to submit your SSN to apply for a credit card, while others might just need copies of your passport and visa. Some might also require you to submit your individual taxpayer identification number (ITIN). Make sure to read the requirements for each card carefully before applying.

Your credit history

One of the major requirements for getting approved for a credit card is having a good credit history. If you don’t have any credit history, make sure to start building yours by making small purchases and paying them off on time. Credit bureaus like Experian and TransUnion can be a great way to check your credit score and make sure it is up to date.


These are some of the factors you should consider when shopping for a student credit card. Make sure to do your research, compare different cards, and read the terms and conditions carefully before signing up. And remember, use your credit card responsibly, and don’t overspend! Good luck on your journey to building a strong credit score and financial future in the US.

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Health Insurance Plans for International Students: Finding the Right Plan for You

March 16th, 2023 by IEFA

Having health insurance coverage is essential for any international student. Health insurance coverage can save you money on medical expenses in case of an illness or injury and provide peace of mind that you are covered in case something unexpected happens.

Finding the right insurance for international students can be a bit tricky.

In this article, we’ll break down everything you need to know to find the best international student insurance plans. If you are planning to study abroad, this article is for you!

What is International Student Health Insurance?

International student health insurance is a type of insurance plan designed specifically for international students studying in another country.

The coverage can vary by insurer, but typically includes medical expenses related to an illness or injury and usually includes important benefits like evacuation and repatriation coverage. Some policies may also include vision and dental care, mental health services, and prescription drug benefits.

Having a good student health insurance plan is important for international students because it can help cover the costs of medical care should an illness or injury occur. It also provides peace of mind knowing that you are covered in case something unexpected happens.

How Does International Student Insurance Work?

Just like other student health insurance plans, international student insurance plans work by paying a premium and then being reimbursed for eligible medical expenses up to the coverage limits of the policy.

Premiums are typically based on factors such as age, location of coverage, and sometimes health status, so it’s important to shop around to find a plan that fits your budget and meets your needs.

When choosing an international student insurance plan, it’s important to read the policy details carefully to make sure you understand what is covered and what isn’t.

For example, mental health and pre-existing condition coverage is not always included, so you may need to purchase this separately.

What Are the Benefits of International Student Medical Insurance?

Here are some of the key benefits to having international student insurance coverage:

Cost savings

It’s already expensive to study abroad, so having health insurance coverage can help you save money on medical expenses. The cost of international health care might surprise you, so it’s important to have a plan in place that can help you reduce costs if something happens.

Peace of mind

Having health insurance coverage provides peace of mind knowing that you are covered in case something unexpected happens. It also gives you the freedom to focus on your studies and explore your new country without worrying about medical bills.

Access to quality care

Having coverage can give you access to quality medical care from doctors and hospitals in the country where you are studying, which is important for a positive experience abroad. Whether it’s to take care of a cold or receive mental health care, having coverage can help you get the treatment you need.

Mental health coverage

Staying away from home and learning in a new environment can be stressful, so having mental health coverage can help you access the support you need if needed. Most international student insurance plans include coverage for mental health care and counseling services. So if you ever feel overwhelmed or need a listening ear, you can get the help you need.

Support when you need it most

Having international student insurance gives you access to support services if something unexpected happens. Having a plan that covers evacuation and repatriation services can help cover the costs of medical transport or other related expenses in case of an emergency.

How to Find the Best Health Insurance Plans

If you want to purchase health insurance coverage, here are some of the things you should consider when looking for an international student insurance plan:

Coverage limits

It’s important to understand the coverage limits of the policy so you know what you’re covered for and how much you’ll need to pay out-of-pocket in case of medical expenses. Make sure to read the policy details carefully before making a decision.

Premiums

Shop around and compare different plans to find the one that works best for your budget. Most insurance companies offer savings  if you pay your premium annually instead of monthly, so keep an eye out for these programs.

Type of coverage

Make sure to check what type of coverage is included in the plan. For example, some insurance plans offer international student travel insurance for when you need to leave the country, while others may include more long-term care benefits like maternity, mental health or dental coverage.

Quality of care

It’s also important to research the quality of care offered by your insurer so you can be sure that you’ll be getting the best possible medical care. Some companies even offer 24/7 support, so you can get help whenever you need it.

Reputation

Check out the reputation of your insurer by reading online reviews and customer feedback before making a decision. This will give you an idea of how reliable and trustworthy they are. Each plan has an underwriter and you should also research that. Standard and Poors and AM Best are both good rating systems for underwriters. Ideally they’ll get an A/A+.

Take your time to pick the right insurance company because it’s important that you feel safe and secure in case of any medical emergency.

Shop around

The best way to get health insurance for international students is to shop around and compare different plans. This will give you a better idea of what’s available and help you find the right health insurance policy that meets your needs and budget.

By researching and comparing different health insurance plans, you can be sure to get the medical coverage you need while studying abroad.


Health insurance is an essential part of any international student experience. Having comprehensive coverage also gives you access to the medical care you need, peace of mind, and financial protection in case something unexpected happens. Take your time to research and compare different plans so you can find the right one that meets your needs and budget.

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How to Save on International Student Health Insurance Coverage in the U.S.

March 13th, 2023 by IEFA

Are you an international student worried about the high costs of medical expenses? We understand that navigating a foreign healthcare system can be overwhelming, but having the right health insurance coverage is crucial. Don’t worry, there are ways to save money while still getting maximum protection. By comparing and researching different international student insurance plans, you can find affordable options that provide comprehensive coverage for your needs. Let us help you find the best plan so you can have peace of mind and focus on your studies!

In this article, we’ll be sharing everything you need to know about international student health insurance plans. So if you are planning to study abroad at an American university, read on to find out how you can save money and get the best coverage for your needs.

What are international student insurance plans?

International student health insurance plans are designed to provide coverage to foreign students for eligible medical expenses incurred in a foreign country – the U.S. in this case. These plans typically offer coverage for hospitalization, emergency services, doctor visits, and prescription medications.

These policies can be tailored to fit the needs of any student studying abroad, regardless of whether they are attending school full-time or taking a short-term course. With some policies, students can also enjoy additional medical benefits too, such as coverage for maternity or mental health services.

Why do you need health insurance coverage?

According to global health insurance providers, it is important for international students to have adequate health insurance coverage in order to protect them from unexpected medical bills and expenses.

Having a comprehensive plan will also ensure that the student is able to access quality medical care at any time, regardless of where they are studying.

Is insurance for international students compulsory?

Many universities require international students to have health insurance coverage, but even if it is not required by the school, it is still highly recommended.

During emergency medical evacuation or repatriation, the costs can be very high, and having a policy that covers your unexpected medical costs and expenses can help you avoid incurring large bills.

It is also important to ensure that your health insurance plan is accepted in the country of residence and that it meets the requirements for study programs abroad.

How can international students save money on medical insurance?

Health insurance plans can be costly, but there are several ways international students can save money on their insurance premiums. Here are some of the best ways to save money on international student health insurance plans:

Assess the risks involved

For example, if you travel a lot or engage in risky activities, you may need to purchase a more comprehensive plan. On the other hand, if you are only visiting a country for a short time and are engaging in low-risk activities, you may be able to get away with purchasing a basic policy.

Shop around for the right health insurance plan

Every provider is different and has different coverage levels and premiums. It is important to compare different plans from various providers in order to find one that fits your needs and budget. You can go online and use comparison tools to compare plans and save money on premiums. You can also ask your friends or family who may have already purchased international student health insurance plans and get their advice. Keep in mind that the cheapest plan will likely have lower coverage than a more costly one – but it’s important to compare terms to confirm! 

Find the right deductibles and limits

One way to save money on international student insurance is to choose the right deductible and limits. Deductible amounts will vary depending on the plan you purchase, so it’s important to compare different plans in order to find one that fits your budget.

In addition, make sure you choose a plan with ample coverage limits that can cover your unexpected medical expenses in case of an emergency, and that you take note of any internal caps.

Understand the health insurance policies

Read the policy documents carefully and understand what is covered and what is excluded. Make sure you are aware of any restrictions or exclusions that may apply to your plan. Finally, be sure to contact the insurer directly if you have any questions or concerns about their policies.

Find out if it’s necessary to have a medical insurance

As we mentioned earlier, not every university requires international students to have a health insurance plan, but it’s still important to have coverage during your studies to prepare for the unexpected. 


Finding the right international student health insurance doesn’t have to be expensive. Before signing up for a plan, do your research and make a list of what’s important. For example, note whether you need coverage while traveling overseas and any specific benefits you would like. Ask friends who already have plans to see what they recommend. You can also search online or contact an agent or broker in your area for more guidance. Once you know what you’re looking for, consider multiple insurers to find the best combination of coverage and price. By taking the time to compare different quotes, you’ll be able to confidently get the right plan that meets your needs without breaking the bank.

You could find the right policy for you through International Student.

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How to Choose the Best Credit Card for International Students in the U.S.

March 9th, 2023 by IEFA

Financing for higher education in the U.S. can be very expensive. The average cost of tuition and fees for one year of college is over US$25,000. Plus, there are other expenses like textbooks, housing, food, and transportation that need to be factored into the equation.

Having a credit card can help international students make purchases without having to worry about carrying money and paying extra currency exchange fees. Timely repayment of these accounts can also help them build a credit history in the U.S., which is important if they want to apply for loans or other types of financing in the future.

If you’re in the U.S. and want to get a credit card, this article will shed light on everything you need to know about international student credit cards and how to apply for one.

What is a student credit card?

A student credit card is a type of card that is specifically designed for students. It usually has lower interest rates, fewer fees, and may even come with rewards or additional benefits such as cash back on your purchases.

Student credit cards can be great for helping international students manage their finances while studying abroad in the U.S. when used properly – for example, avoiding overspending and making sure to pay off your balance in full every month. 

However, it is important to note that most student credit cards require applicants to have a social security number or a U.S. address.

How do international student credit cards work?

Credit cards for international students are similar to any other credit card in that they provide you with access to a line of credit. When you make a purchase, the money is automatically withdrawn from your card and then it is paid back at a later date with interest.

The difference between an international student credit card and a regular one is that most international student cards come with extra special features designed with the user in mind, such as travel and purchase protection, no foreign transaction fees, special student discounts, and more.

You can use the credit card for everyday purchases, such as groceries, gas, or even rent. However, international students should be careful not to use the card for purchases that they cannot afford because it could lead to unmanageable debt and damage their credit scores.

How to Choose the Best Credit Card

Here are some of the things that should be considered when choosing an international student credit card:

Define your priorities

Most international students don’t even need a credit card, but still want one because everyone else has one. First and foremost, determine whether you need it or not. If yes, define your priorities. These could include: 

  • How are you going to use the card?
  • How much is your average monthly spending?
  • What type of rewards do you want from the card?

Ask yourself these questions, and if you find there is a genuine need for a card, consider the best option for you.

Consider the minimum payment calculation

While it is always ideal to pay off your outstanding balance to avoid interest, you should be aware of how your minimum payment obligation is calculated. At a minimum, lenders will require you to pay at least 1% of the balance back plus the interest that has accrued. However, some lenders may require you to pay 5-10% of the principal balance back every period. 

Look for the foreign transaction fees

A foreign transaction fee is a fee that is imposed when you purchase something in another country. Most international student credit cards waive these fees, so be sure to check the terms and conditions of the card before you apply.

Check the annual fee

An annual fee is the money you pay for the privilege of using a credit card every year.

Annual fees are an important part of a credit card, so you should check if there is one, and what the cost will be. Many international student cards have no annual fees, but if the one you’re considering does, keep in mind that it can add up over time because you pay the fee whether you use the card or not.

Explore interest rates and charges

The most important factor to consider when choosing a credit card is the interest rate. Credit cards for international students often come with lower interest rates than regular credit cards, but it’s still important to compare different offers and select the one that has the lowest rate.

Interest charges can often be avoided if you pay off your outstanding balance every month. Interest accrues based on the interest rate in your agreement; the faster you can pay off the balance, the less interest you will incur on your account.

Open a bank account 

Before anything else, you will need a bank account to apply for a credit card. This can be complicated and time-consuming for international students, so make sure to check if the issuer offers an easy way to open an account.

Check the requirements

Every credit card company is different and has different requirements for applicants. Before applying, make sure you meet all the requirements such as having a valid passport and SSN. One company might need SSN, but other companies might not require it – if you have a certain requirement restriction – so make sure to do your research.

Consider the additional benefits

Additional benefits such as cash rewards and travel points are nice features to have with a credit card, so check if the card you’re considering has any additional benefits. Every card has different features so compare them and see which one offers the most value for you. For example, a cash rewards credit card might be better for you than a travel points card.

Read the terms and conditions carefully

Before you apply for a credit card, read the terms and conditions carefully. This will help you understand what fees, requirements, or restrictions are associated with the card before you commit to it.

Check your credit history/credit score

Major credit bureaus such as Experian, Equifax, and TransUnion offer free credit reports. Check your credit report to see if there are any errors or discrepancies that could affect your chances of getting a credit card.

10. Compare different credit cards

It’s important to compare different credit cards and pick one that best suits your needs. You can use comparison websites or ask a financial advisor for help in choosing the best credit card for you. You can also ask your friends and family members for their recommendations.

Once you have narrowed down your options, make sure to read the fine print and thoroughly understand all the terms and conditions before finally submitting your application.


These are the most important things to consider when choosing a credit card as an international student. We hope this guide will help you find the best card for you!

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Understanding Credit Card Requirements and Restrictions for International Students in the U.S.

March 6th, 2023 by IEFA

If you are an international student in the U.S., understanding the requirements and restrictions for credit cards is critical. Credit cards are an important part of financial independence and security, so it’s important to know what your options are.

Having a credit line can be especially helpful as an international student because timely repayments on these accounts can help you build your credit score and establish a financial record.

However, getting approved for a credit card can be more difficult for international students than it is for U.S. citizens. So, it’s always a good idea to do your research and find out what the requirements are before you apply.

In this article, we will discuss the requirements and restrictions for international students looking to get a credit card in the U.S.

What are the options for international student credit cards?

International students can apply for a credit card from a number of card issuers even if they don’t have a Social Security number (more on this later). Depending on your exact circumstances, this could be relatively easy or a significant challenge. If you don’t have any luck with a traditional credit card, or if you prefer to skip that option, an alternative could be a “secured credit card.”

A secured credit card allows students from abroad to establish credit in the U.S. It is called a “secured” credit card because it requires the student to provide a security deposit to obtain it. This makes it easier for students to access funds.

The security deposit can be anywhere from US$500 – US$1,000 depending on the card issuer, and is often based on the amount of credit the student wants to have available. The main benefit of an international student credit card like this is that it helps the user build a positive payment history on their reports. This credit history can then help them secure loans, mortgages, and other lines of credit in the future.

International secured credit cards also often come with special benefits like discounts on travel expenses and cash-back rewards. Additionally, many cards charge low or no annual fees and offer competitive interest rates.

Credit Card Requirements for International Students

The requirements might vary depending on the issuing bank, but here are some of the common requirements for international students:

Bank account

The first requirement for most credit card companies is having a U.S. bank account. You will need to provide the bank details to get the credit card. Also, it will be easier to manage your finances if you have a U.S. bank account. So make sure to do some research and get a bank account before applying for a credit card.

Security deposit

A secured card needs a security deposit. The bank usually requires the student to put down a minimum amount, which is usually between US$500 – US$1,000. However, it can vary from credit card company to credit card company, so make sure to read the terms and conditions before applying.

Credit history check

There are three major credit bureaus in the U.S., which are Equifax, Experian, and TransUnion. A credit card company issuing a non secured card will check the credit history of those who apply, including international students, to make sure they are able to manage their finances responsibly while in the U.S. A good credit score increases the likelihood that the applicant will be approved.

Proof of employment

Although it’s not necessarily a requirement, it’s a good idea for international students to show proof of employment when applying for a credit card. Having a job in the U.S. can help increase the chances of getting approved, and it also demonstrates that the applicant is financially stable. Some companies might need you to show your individual taxpayer identification number (ITIN) as well.

Unsecured credit card providers will need to evaluate your ability to repay the outstanding balance, and may require a cosigner if you do not have regular income from employment.

Social Security number

Some credit card issuers will require international students to provide a U.S. Social Security number (SSN) in order to apply for the card. An SSN is also required for reporting taxes, so make sure you have one before applying for your credit card. If you don’t have your SSN yet, there may be alternative ways to prove your identity and creditworthiness to the company.

Residency status or visa

International students must hold a valid visa or residency permit in the U.S. in order to be eligible for an international student credit card.

These are some common requirements that international students must meet in order to be eligible for an international student credit card. Some credit card companies might have higher requirements, so make sure to read the terms and conditions before applying.

Restrictions for International Students

Now that we know the requirements for international students, it’s important to understand the restrictions that come with many credit cards.

Longer approval time

Most banks take a few weeks to review applications and complete the approval process. Since you are an international student, the process may take a little bit longer. There are certain protocols and procedures that must be adhered to, and this might mean a longer wait for the approval.

Higher fees and interest rates

Although there are some competitive interest rates and fees, international students might have to pay higher than the average rate due to their lack of credit history. Make sure you do research and compare different cards before applying for one.

Low credit limit

Another restriction associated with international student credit cards is the low credit limit. This means that even if you are approved, the bank might issue a card with a low initial credit limit. Low limits mean not being able to spend too much money and using only what you need – which isn’t always a bad thing! 

Higher minimum payments

International students may have to pay higher minimum payments than other cardholders. Make sure to check the terms and conditions of your credit card before using it in order to know how much you have to pay on a regular basis.

Things to Consider Before Getting a Credit Card

Here are some of the things to consider before applying for an international student credit card:

Annual fee

Some credit cards may have annual fees that will affect your budget, so make sure to read the terms and conditions before signing up. The annual fee is the amount charged to use the card each year. Some card issuers do not charge annual fees.

Interest rates

Interest is the amount you pay on top of the balance you owe. Different banks will have different interest rates, so it’s important to compare and make sure you are getting the best deal.

Rewards and benefits

Rewards and benefits vary depending on the credit card. Many cards offer points, cash back, travel rewards, and other perks that can be beneficial for international students. Make sure to research different cards before applying to find one with rewards that appeal to you.

Foreign transaction fees

Foreign transaction fees are charged when you make a purchase in another currency. Some credit cards may charge foreign transaction fees, so make sure to read the terms and conditions before signing up.

Late payment fees

Late payment fees can add up quickly if you don’t pay your bill on time, so it’s important to set reminders or set up automatic payments to make sure you don’t miss any due dates. There is also a negative impact on your credit score for missing payments.

Building credit history and your credit score

The higher your credit score, the more likely you are to get approved for credit cards and loans in the future. Making timely payments and staying within your limit can help build a strong credit history that will be beneficial in the long run.


International student credit cards can be a great way to build your credit score through repayment, earn rewards and get access to cash when needed. However, there are certain restrictions and fees associated with these cards that must be taken into account before signing up. Be sure to do research and compare different offers in order to get the best card for you.

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Tips for studying abroad on a budget

February 24th, 2023 by IEFA

If you are planning to study abroad, you may be concerned about the costs associated with studying abroad. Some countries such as the U.S., the U.K., and Australia charge high tuition costs and living expenses.

Your study abroad programs can cost thousands of dollars. You may think this is out of your reach, but there are many ways to save money and plan a budget-friendly study abroad experience.

If you wish to travel abroad and save money, this article will offer some tips on how to make your journey abroad unforgettable – and affordable!

How much does it cost to study abroad?

For students who want to study abroad, the cost can vary depending on many factors. From your preferred course to the country you choose to study in, the cost of studying abroad can vary greatly.

But in general, if we consider the U.S. as an example, the average cost of studying is around US$30,000 per year. This includes tuition fees, living costs, and other miscellaneous expenses.

Costs can be even higher depending on the city you study in, the degree you are pursuing, and the housing you choose.

There is no simple answer to the question, “How much does it cost to study abroad?”. However, understanding the costs of studying abroad and finding smart ways to save money can make your international education journey more affordable.

What are the costs associated with studying abroad?

Depending on the country and region you are in, your expenses can vary significantly. Living costs in a big city like London or New York will be much higher than those of smaller cities with less expensive rental prices and groceries. No matter where you study, during your time abroad there are a few common costs that you can expect including:

Tuition fees

The cost of tuition fees for international students can vary between countries and universities, so make sure to do your research before applying.

In general, it can cost anywhere between US$5,000 – US$50,000 per semester depending on the course you choose.

Food costs

Food is another essential cost when studying abroad. Depending on what you choose to eat and where you shop, the prices can vary considerably.

Eating out may be more expensive than buying groceries and cooking yourself, so it’s important to plan your meals accordingly.

Transportation costs

Transportation costs are also an important factor to consider. Depending on the city you are in, it can be expensive to use public transport or taxis.

Make sure you research local transportation options and consider investing in a monthly pass if available.

Study materials

Besides tuition fees, you will also need to factor in the cost of books and other study materials. The price of these can add up quickly, so make sure you search for the best deals when buying textbooks.

Miscellaneous and emergency costs

You don’t want to get caught off guard while studying abroad, so it’s always a good idea to have emergency funds ready in case of any unexpected expenses.

This can vary from emergency dental visits to medical bills, so make sure you have enough money saved up for these kinds of situations.

How can you make the most out of your study abroad budget?

Now that we know the costs associated with studying abroad, let’s look at some budget-friendly ways to make the most out of your study abroad experience.

Look for scholarships and grants

One of the best ways to balance costs with available funds when studying abroad is to apply for scholarships and grants.

Many universities offer financial aid and other programs to help international students fund their study abroad experiences, so make sure you do your research and take advantage of these opportunities.

Look for cheaper accommodation

On-campus housing is the cheapest option when it comes to accommodation; however, it is sometimes not the most suitable choice.

You can also look for off-campus housing if you are looking for a more affordable and flexible option. You can share a room with your fellow students or look for cheaper apartments in the city.

Eat homemade meals

Eating homemade meals can help you save a lot of money while studying abroad.

Cooking your meals is not only more affordable, but it’s also healthier and allows you to explore different cultures through food.

Dining out even a few times per week can add up greatly over time, so learning how to cook some local dishes is a smart way to save money while living abroad.

Utilize student discounts

Most cities offer discounts for students who are studying abroad. Be sure to take advantage of these offers whenever you can and look out for free events or activities in the city.

These deals can include anything from discounts on new gadgets, cheaper books, discounted transportation, and even free food.

Find a part-time job

Finding a part-time job while studying abroad is a great way to not only make some extra money, but also gain valuable work experience.

There are many ways to earn extra funds, including tutoring, working in cafes or restaurants, or interning for a company. In addition to covering your expenses, this can also lead to new career opportunities.

Most colleges allow their international students to work part-time and have programs in place to help them find jobs. If your visa allows you to work part-time, it’s an option you’ll want to consider. 

Create a budget

Budgeting will not only help you with your college journey but also in life.

Create a budget plan and stick to it while you are studying abroad. Track your expenses, set limits on what you can spend, and save money whenever you can.

By having a clear understanding of your financial situation, you will be able to make the most out of your study abroad experience.

Use second-hand items

There is no point in spending hundreds of dollars on new clothes, books, or other items when you can buy second-hand ones for much less.

You can search online for used items or ask your friends if they have any items to sell or donate. This is a great way of saving money while studying abroad and it also helps you create a more sustainable lifestyle.


By following the tips above, you can save a lot of money while studying abroad. With a bit of creativity and planning, you will be able to make the most out of your study abroad experience without breaking the bank. Make sure to do your research and take advantage of all the opportunities available to you. Good luck!

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Three Things All International Students Should Know about Financing Their Education

February 23rd, 2023 by IEFA

For international students who want to get a quality education, financing can be a major concern. If you plan on studying in a foreign country, the costs can be a huge obstacle.

However, if you know how to find the right resources and opportunities, you can take some of the stress out of financing your education and make studying abroad a reality.

In this article, we will be sharing the top three things every international student should know about financing their education. If you are an international student looking to finance your education abroad, keep reading.

1. Apply for multiple grants and scholarships.

Grants and scholarships are the most affordable way to finance your education and are designed to help students of all backgrounds with their educational funding.

In many cases, you can search for grants and scholarships that are specific to your country, university, or field of study. Make sure you apply for as many as you can – because the more applications you have, the greater your chances of being awarded one. 

There are no restrictions in regard to how many grants and scholarships you can apply for. So make sure to research your options thoroughly so that you don’t miss out on any great opportunities.

Why grants and scholarships? They’re a beneficial form of funding for international students because they do not have to be repaid.

Search for scholarships here.

2. Apply for a government education loan first, then private student loans

Sometimes, grants and scholarships can’t pay for all of your educational expenses. This could be because the amount of money awarded is limited, and often not enough to cover the entire cost of your education, or because scholarships to study in a foreign country can be highly competitive.

That’s especially the case for full grants and scholarships – which are very competitive indeed – as you must meet certain criteria to be considered eligible for them. 

This is where education loans come in. The amount of the loan will be determined by factors such as the cost of attendance at your university and your credit history and finances. There are mainly two types of loans: government or federal education loans, and private student loans.

As you might guess by the names, private student loans are offered by private institutions. In many cases, the interest rate for private student loans is higher than for government education loans.

Government loans usually have highly competitive interest rates. These student loans should be a priority because of the low-interest rates they offer. But they may not be available to all students.

You should check whether your home country offers this type of funding for international students, because you are unlikely to qualify for government backed loans at your destination.

So, if you need additional funds for your educational expenses, make sure to apply for a government education loan from your home country first, if they are available, before considering any private student loan options.

If you still need extra loans for your education, then it’s time to consider private student loans of up to US$100,000.

The great thing about private international student loans is that they are available to many students, from many countries, studying at many schools. Getting an education loan to cover the costs of your time abroad can be an excellent investment in the long term, so don’t be put off by the repayments.

3. Work on your academics

If you are planning to study abroad, you need to ensure you’re getting excellent grades in school. Many grants and scholarships are awarded to international students with exceptional academic performance.

If you want to increase your chances of getting a grant or scholarship, working on your grades is the key. There are many opportunities out there for students who excel in academics and have excellent GPAs.

There is a correlation with loans, too. While many lenders require a cosigner in order to approve the loan, there are some that base their decisions on other criteria. In some cases students taking on MBAs, Masters and STEM degrees – courses that are often highly competitive and require excellent academic standards just to be accepted – are more likely to be approved for an education loan without the need for a cosigner. Find out more about the loans you could be eligible for here.

Don’t forget to work on your communication skills, leadership skills, and any other skills that are relevant to your field of study as well. These extra activities will help you stand out from the crowd and increase your chances of receiving a grant or scholarship.


These are the top three tips for international students who are looking for funding. Study abroad programs are expensive so you must take all the steps necessary to find the best option for you. We hope this article helped you understand how you can reduce the burden. Make sure you take advantage of all the resources available to you when looking for grants or scholarships. There are websites dedicated to helping international students find grants and scholarships, so make sure you do your research. Good luck!

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UK International Student Scholarships

February 14th, 2023 by IEFA

The UK is one of the most popular international study destinations around the world and is widely known for the availability of scholarships on offer. International students in the UK can access numerous scholarships for both undergraduate and graduate courses in many fields of study. 

These awards can provide valuable financial assistance towards tuition fees and other living costs to help make studying in Britain a reality. Scholarships can be awarded based on academic excellence, leadership potential, or financial need.

If you are planning to study in the United Kingdom, you should definitely look into some of these scholarships:

1. The Chevening Scholarship

One of the top international scholarships in the UK is offered by the Chevening – the UK government’s international scholarships and fellowships programme. This world-renowned scholarship, supported by the government and administered through its diplomatic posts worldwide, provides comprehensive funding for a full year of postgraduate study at any British university.

Students who receive these scholarships are chosen by British Embassies around the world. These students are both academically outstanding and demonstrate a strong commitment to their community.

2. The Commonwealth Scholarship

The UK’s commonwealth scholarships are open to international students from all Commonwealth countries except the United Kingdom itself. These scholarships provide full tuition fees, a living allowance, and other benefits for one year of study in the UK.

The high cost of study and living in the UK often makes it difficult for international students to pursue their studies; the Commonwealth Scholarships are designed to pay for the cost of living and studying in the UK.

The scholarships are funded by the UK Department for International Development (DFID) and administered by universities in the UK. Recipients are chosen on a competitive basis through an open call for applications from eligible Commonwealth countries.

3. Oxford Pershing Square Scholarship 

The Oxford Pershing Square Scholarships are offered by the University of Oxford and funded by the Pershing Square Foundation. It is open to international students who are enrolled in a one-year postgraduate course at the university, and is a fully funded award that covers tuition fees and living costs. Recipients of this scholarship also receive additional benefits like mentoring, internship information, and networking opportunities.

At the University of Oxford, this scholarship is awarded to international students who demonstrate outstanding academic potential and leadership skills.

4. Gates Cambridge Scholarship

The Gates Cambridge Scholarships are offered by the University of Cambridge and funded by the Bill & Melinda Gates Foundation. It is open to international students who are enrolled in a full-time postgraduate course at the university.

It is a fully-funded award that offers £18,000 per year, including health care, travel costs, and other benefits. The scholarship also provides mentoring and access to exclusive events. Students can apply for a Gates Cambridge Scholarship if they demonstrate leadership potential and a commitment to making a difference in their community.

5. University of Bristol International Scholarship

The University of Bristol offers a range of scholarships to international students who are enrolled in postgraduate courses at the university. The scholarships are funded by the university and provide full tuition fees, living costs, and other benefits.

Students can receive between £6,500 and £26,000 depending on the course they are enrolled in. The scholarships are awarded based on academic excellence, financial need, and leadership potential.

6. Imperial College London International Scholarship

The Imperial College London offers a number of scholarships for international students in undergraduate and postgraduate programs.

The college offers partial tuition fee waivers, plus funding to cover living expenses, travel costs, and other financial needs.

Eligibility requirements vary according to the type of scholarship being applied for, but all require that you have excellent academic performance and demonstrate financial need.

Students can receive up to £22,900 per year depending on the scholarship for which they are applying, and the course they are studying.

Studying abroad can be an expensive endeavor, but fortunately there are a number of international scholarships available in the UK to assist aspiring students. Whether you’re looking for support with tuition fees or course-related expenses, these six scholarship opportunities might provide just what you need – so don’t hesitate to seek them out.

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