Don’t miss your last chance to win $100

July 18th, 2014 by Bryanna Davis

q3 iefa 162450194InternationalStudentLoan.com and InternationalStudent.com have announced their third and final question in the Financial Aid Fun contest. This means it’s your last chance to enter to win $100 by answering a question in the Financial Aid Fun contest! If you were not one of the first two lucky winners, don’t miss this opportunity!

Question #3:
“What percentage of international students rely on personal or family support to fund their education in the US?”

Congrats to our winner:

Bò Bụ Bẫm

This might seem like a difficult question to answer, or one that you will have to spend hours researching the answer for on Google. However, we are going to give you the exact link where you can find the answer! Check out the “Funding Your Education in the USA” infographic here to find the answer.

While finding the answer to the third contest question, you might also want to take a moment to explore the infographic and all of the information it has to offer.

Once you find the answer, please send it in through one of the following ways:

As a comment on this blog
International Student Facebook
International Student Twitter
International Student Loan Facebook
International Student Loan Twitter

You have until July 23rd at 3pm EST to share the correct answer and be entered into the drawing to win, don’t miss your last chance to win $100.


Two Hangouts You Don’t Want To Miss This Week!

June 26th, 2014 by Bryanna Davis

two hanguts 148188246Whether you just graduated, are planning to become an international student or are an international student- we know you will think one, or both of these hangouts is worth watching!

Today, Thursday 26th, at 10am EST International Student Loan is hosting a Google+ Hangout On Air to help explain some of the most confusing loan terms that students run across. International students in need of financial aid and who have considered a loan won’t want to miss this hangout! The hangout will explain some of the top terms you’ll come across when comparing and applying for a loan- terms that are important to understand before agreeing to a loan.

International Student is also hosting a Google+ Hangout On Air this week! The International Student Hangout will address how you can use your contacts to get a job. Whether you’re an international student who just graduated or who is about to start your first semester- these tips will be ones to take note of and keep in mind during your search for a job. Don’t miss this Hangout Friday June 27th at 11am EST.

Attend the International Student Loan Hangout to get student loan terms explained. Start watching today at 10am EST.

 

Attend the International Student Hangout to learn how to use your contacts to get a job. Watch Friday at 11am EST.

If you can’t attend the hangouts make sure to visit the International Student Loan video page and the International student Hangout page so you can watch both videos in your free time.


Four Ways International Students Benefit from Studying Abroad in Smaller US Towns

June 23rd, 2014 by Jennifer Frankel

Along Main Street155972042As the United States continues to admit an increasing number of international students to US schools, international students are faced with deciding where, in such a large country, they will be able to make the most of their study abroad experience.

Immediately thoughts of famous US cities spring to mind—New York, Chicago, Los Angeles, Miami, etc. However, there are a number of reasons why international students might want to consider studying in a smaller US town.

Studying Abroad in Smaller US Towns VS Larger US Cities Read the rest of this entry »


How to Find A Scholarship – Live Hangout Friday

May 22nd, 2014 by Jennifer Frankel

money in binoculars (email) 100326897Funding your education doesn’t have to be impossible if you don’t have the money on hand. There are thousands of scholarships out there designed for international students – you just need to know how to look and what you need to include to make your scholarship application standout. This Friday, May 23 at 11 am EST, our partner InternationalStudent.com will be putting on a live hangout on How to Find a Scholarship.

Topics will include:

  • Where to look for an international scholarship
  • How to apply for a scholarship
  • Tips and tricks to increase the likelihood of getting the award

Scholarships are essentially financial awards that do not need to be paid back, and because of this, they can be competitive. Tune in this Friday to increase your odds of getting picked. Here’s how:

  • Step 1. Sign up and reserve your spot.
  • Step 2. Set a calendar reminder so that you can tune in.

It’s that easy! At the end of the Hangout they will take any questions you have so make sure you have all of your questions ready. Hope to see you there!


The US Colleges with the Highest International Student Populations

May 10th, 2014 by Jennifer Frankel

top 10 phrase 475089357With studying abroad being such an increasingly popular decision in today’s world, international students may be surprised to learn that there are only a few universities in the United States where international students make up more than 15% of the student population.

Studying abroad used to be just a great way to enrich a course of study, gain some global perspective, and have an interesting life experience while attending university. Now, studying abroad offers a number of academic and economic advantages to students (and the universities that host them). As such, countries the world over are increasingly encouraging their students to study abroad and international student populations are on the rise on campuses across the globe. However, international students may be surprised to learn that there are only a handful of universities in the US with international student populations over 15%

US Colleges with the Highest International Student Populations (Undergraduate)

  1. New School (NY)–29% of 7,010 students
  2. Florida Institute of Technology (FL)–28% of 2,978 undergraduate students
  3. Illinois Institute of Technology (IL)–23% of 2,800 undergraduate students
  4. Lynn University (FL)–22% of 1,657 undergraduate students
  5. University of Tulsa (OK)–22% of 3,160 undergraduate students
  6. Carnegie Mellon University (PA)–18% of 6,279 undergraduate students
  7. Purdue University—West Lafayette (IN)–17% of 30,147 undergraduate students
  8. University at Buffalo (NY)—SUNY–16% of 19,505 undergraduate students
  9. University of San Francisco (CA)–16% of 6,344 undergraduate students
  10. Northeastern University (MA)–15% of 13,107 undergraduate students

Recent findings indicate that each of the above schools has further expanded its international student enrollment. Moreover, as studying abroad transitions from “enriching undergraduate experience” to “extremely prudent academic and career move” the number of international students is likely to continually increase over the next few years.

Universities that already have significant populations of international students, resource and support networks for international students and school cultures that accept and admit the perspectives of international students will continue to stand out and benefit from their diverse student bodies. Moreover, as those students who do decide to study abroad decide on potential institutions, knowing there’s already a thriving international student body may make the transition that much easier.


US Universities Pay Foreign Recruiters to Attract More International Students

May 2nd, 2014 by Jennifer Frankel

business handshake455685683Public universities in the US state of South Dakota have started looking into paying foreign recruiting companies and agents in order to help draw international students to their campuses.

According to the chief academic officer for the state Board of Regents, Sam Gingerich, there are a number of reasons for the state’s desire to attract a growing population of international students and why going through foreign or international recruiting companies is a great way to do so.

Why is South Dakota Paying to Recruit International Students?

Sociocultural Benefit

The Midwestern US tends to be more culturally homogeneous than life on the east or west coasts and, as such, integrating students from other cultures and bringing a global perspective to student life provides a much needed exposure to global society.

Financial Benefit

In recent years, both graduating class size and the rate of graduation in South Dakota high schools has decreased. Therefore, an increased number of students from other areas (students paying the out-of-state tuition costs, no less) presents a financial boon to both the institutions at which the international students will study, as well as the cities in which they will live and spend while present.

Why Use International Recruiters? 

  • US colleges and universities are allowed to use foreign student recruitment agencies
  • There are a number of steps an organization must go through in order to be verified as a legitimate entity with which to do business—and it is this somewhat costly step that has traditionally limited the use of foreign recruiters as a means to attract undergraduates.

What Does it Mean for International Students?

International students in countries like China and India stand to benefit tremendously from the shift to utilizing foreign recruiters. In those countries, student recruitment agencies are the norm—helping parents navigate through thousands of universities (many in other countries) and their relative merits, application procedures, costs, etc.

With universities in the US tapping into this resource, international students in countries where recruitment agencies are the norm ought to begin to see some very competitive incentives from American institutions that were previously either unavailable or unknown to them!


Want to Find A School You Can Afford? Learn How Tomorrow

April 24th, 2014 by Jennifer Frankel

child with education iconsOur partner, InternationalStudent.com, is hosting a Google Hangout tomorrow at 11am EST on how to find a school you can afford.

We all know that going to a US college or university is expensive. But did you know that you have many options to choose from, public versus private as well as community college versus a 4-year university? Did you know that the price tag of a US education can fluctuate from getting a full scholarship to paying upwards of $40,000 per year (and that doesn’t even include living expenses!)?

Tomorrow’s Hangout will discuss these and other options, so that you are well informed as you make key decisions about your future – and your wallet. You won’t want to miss this Hangout where InternationalStudent.com will be discussing what steps to take and what resources are available to you so that you can find a school without breaking the bank.

You are cordially invited to attend tomorrow’s hangout, Friday, April 24th at 11am EST.

Register Now

Make sure you prepare your questions in advance as they’ll have plenty of time at the end to answer all your education and finance questions. Don’t forget to set a calendar reminder and we hope to see you there!

Want to see other Google Hangout’s about financing your education? Check out International Student Loan’s YouTube channel to learn about budgeting, international student loans, and scholarships!


Employers Report Students Don’t Have Enough Work Experience

April 4th, 2014 by Jennifer Frankel

Finding a job 477036985The Issue:

Finding employment after college is often difficult. Traditionally, few degrees offer work integrated learning, internships, or actual job experience as part of their programs. Even fewer programs and degrees offer straightforward career placement upon graduation.

This lack of infrastructure to support students’ transitions from the university to the workplace hurts both students and employers—students graduate and move on to the “job hunt”, wherein they regularly must settle for nearly any employment opportunity (often completely outside of their specific field).

Employers, on the other hand, are left with a series of new hires with absolutely no prior training or hands-on experience from which to draw—according to Inside Higher Ed, nearly two thirds of employers surveyed cited these new hires as drains on productivity and resources.

The Solution:

In response, institutions around the world are taking actions to emphasize and increase work integrated learning and networking opportunities into both the curricula of an increased number of programs, as well as broader university infrastructure.

These actions include:

  • increasing the amount of hands-on training within particular career fields (while introducing it to others)
  • providing research and employment networks through the university
  •  a shift toward competency-based degrees, wherein degrees are awarded based on evidence of learning rather than earned credit hours, etc.

For students, this shift toward competency-based learning can be a real boon in that students can use supplementary resources (like MOOCs [Massive Open Online Courses]) to enhance their understanding of a field and thus, shorten the time it takes to receive a degree in an area in which they have demonstrated mastery.

  • Many students have a difficult time finding employment that pertains to their degree upon graduation due to a number of factors, including: limited or no prior experience in the workplace, lack of access to research or career networks within the university that would assist in finding employment, and no career-oriented education
  • Many employers find themselves with new hires who are a drain on resources as they have no prior experience
  • Work-integrated learning and competency-based degree systems are current ways of addressing these issues—making employment easier to find for graduates, and making graduates more competent in the workplace and, hence, more employable.
  • International students can benefit tremendously by getting ahead of this trend in international education and employment by looking into programs that offer work-integrated learning, internships, mentorships, or offer competency-based degrees.

Want to learn more? Check out International Student Loan’s article on how you can find a job in the US after graduation.


Join Us This Wednesday: Budgeting for International Students

March 24th, 2014 by Jennifer Frankel

pumping dollar sign187897805Going off to college on your own isn’t easy – let alone off to college in a whole different country. It’s an exciting and scary time, a chance to be independent and do what you want, when you want. But then it is also a chance to deal with all of the responsibilities as well – including managing your money!

No matter where your studies take you, studying overseas is expensive when you consider that you will probably pay more in tuition, and that you’ll have to consider other costs such as your living expenses, travel, etc.

Join International Student Loan this Wednesday at 2:00pm EST where they will walk you through the many steps of budgeting as an international student.

You won’t want to miss this Google Hangout focused on Budgeting for International Students. In this Hangout, they will be sharing the ways that you can improve your budgeting skills so that you can do all the must-do’s while you are studying overseas!

How Do I Join?

This week’s Google Hangout is free for all students! Simply sign up, set a calendar reminder, and attend the hangout this Wednesday at 2:00 EST. Be sure to check your local time so that you don’t miss it!

How Can I Join the Conversation?

You will not only learn more about budgeting from a Financial Aid Representative, but you’ll also get a chance to join the conversation and get your questions answered. Here’s how:

Questions and Comments?

International Student Loan will be available after the Hangout to get all your questions answered in real-time. Be sure to stick around and join our social channels to get your questions answered – and see what other international students are saying!


Singapore Limits International Student Funding

February 20th, 2014 by Jennifer Frankel

singapore map175564741As many countries actively pursue an increase in international student enrollment, often facilitating such an endeavor with financial incentives and assistance, Singapore appears to be bucking the trend. Instead, Singapore has been reducing the number of international students receiving tuition grants and restricting the number of international students allowed to study at universities in the country.

Capped Aid

  • Since 2010 the number of international students receiving tuition grants in Singapore has decreased over 30%.
  • In private and polytechnic universities, around nine percent of international students received tuition grants to study in Singapore in 2010, where less than six percent did so in 2013.
  • In publicly-funded universities the current figure is 13 percent, down from 18 percent in 2010.

Moreover, this is in a country already famous for capping the number of international students enrolled in its country’s higher education system.

Capped Numbers

  • An announcement several years ago by Singaporean Education Minister Heng Swee Keat had indicated that Singapore would be pursuing a strategy to limit the number of international students enrolled in its higher education system.
  • The cap on the number of international students is intended to reduce the percentage of international students below 15% of the student body while advancing opportunities for Singapore nationals.
  • To that end, an additional 2,000 student positions were created and made available exclusively to students from Singapore at the same time the number of international students positions had been capped at 2011 levels.

So, if you happen to be an international student interested in studying abroad in Singapore (home to a university that has consistently been ranked around the 24th best in the world, and a highly developed economy) it would be in your best interest to act quick! Moreover, given the cut in tuition grants and funding available to international students in Singapore, searching through scholarship databases and finding alternate sources of funding would be your absolute best move (in the event you don’t happen to be one of the lucky 13%).