Can You Get Financial Aid For Studying Abroad

October 19th, 2020 by Al C

Study Abroad in Europe

If you’re a student from the United States, you could be eligible for financial support through the standard federal FAFSA program, meaning studying at a foreign university may not be as difficult to finance as you’d imagined! You might want to study abroad as part of an exchange program for a semester or an academic year, or even for your undergraduate degree or as a graduate student.

Do you have a dream of studying in the UK, France, Germany, Italy or somewhere else? 

What is FAFSA?

Technically the “Free Application for Federal Student Aid” is the Federal Student Aid system operated by the US Department of Education.

Every year, many thousands of US students and permanent residents complete the FAFSA application forms to check their financial aid eligibility for their higher education. These could be grant programs or loans (or both). Of course the main difference between a grant and a loan is that you have to repay the loan.

Can you use FAFSA to study at an international school?

Yes! Federal Student Loan funding can be used to pay for your studies at an international school!

There are roughly 750 institutions outside of the US (about 600 in Europe and the rest in other countries) that have been approved by the US Department of Education to use federal funding or to defer other study loan payments. Unfortunately federal grants (i.e. Pell Grants) through this program are not eligible for study abroad.

Whether or not foreign universities are eligible for federal loans is decided by the US Department of Education. There is an official list of recognised international schools. You can find it at studentaid.gov.

Which universities in Europe are on the list?

Europe is home to some of the world’s most famous and most historic universities like Oxford and Cambridge in the UK and many around the continent offering high quality education and wonderful international experience. It’s an incredibly popular destination for international students from the US and around the world. Many universities are eligible for study abroad funding. You can find out if the school you choose is eligible by looking at the US Department of Education list, or checking a site like InternationalStudentLoan – because if a school is approved for private student loans then it must be approved for federal loans. Don’t forget that you must also be attending an approved program at the school.

Are there alternative funding options to the federal program for your study abroad experience?

If the Federal Student Aid isn’t enough or you don’t qualify, maybe you can get a study abroad scholarship or student loan from a private sponsor or lender – these are some of your financial aid options. Study abroad scholarships, grants and similar awards may be available directly from schools or private institutions. Loans may be available from private lenders, but in order to be eligible for private loans, a school must be eligible for FAFSA loans first.

You should speak to the financial aid office to find out what support the school offers to their international students.

Check to see if your chosen university is approved for FAFSA, and if they aren’t ask them if they offer financial aid packages or private loans for international students or know of any lenders that do.

Things to consider:

  • Cost of living. Living expenses vary greatly from country to country and within different regions. It’s a good idea to do your research in advance to decide if you really can afford an international education. Speak to a financial aid advisor at your destination school as they may be able to provide estimated living costs.
  • Exchange rates. Varying exchange rates can have a huge impact on your funds as a small change can have a big impact. Uncertainty around COVID-19 and Brexit have proven that nothing should be taken for granted, and local issues may have an impact on how far your money goes if the exchange rate changes significantly.
  • Interest rates. You will want to be aware of the interest rates, and of course, the repayment terms that apply to your loan.
  • Health Insurance. If you’re studying at an international school then your regular travel insurance just won’t cut it – you should look into international student insurance and make sure you have a plan that covers all of your needs.
  • Tuition fees. The tuition fees both for undergraduate students and those on graduate programs can vary hugely depending on the school and from your home institution if you’re enrolled in the United States. Speak to your financial aid advisor to get a clear estimate of the total cost of enrolment and your financial aid options.
  • Credit cards. It’s unlikely that a credit card will be a primary source of financing study abroad, but it is a good idea in an emergency – whether you have one from a US bank or if you are able to apply for a local account.
  • Bank accounts. It can be difficult at first to open an account overseas, but your university should be able to advise and help, and there are a growing number of online-only or app-based bank accounts in Europe that international students can access. 

Scholarship opportunities:

You should see if there are study abroad scholarships offered by your chosen school and private scholarships – you can search these at internationalscholarships.com

Find a loan:

Read Next: How to find study abroad scholarships


Life After Lockdown Travel Video Contest

September 4th, 2020 by Al C

For 15 years, InternationalStudent.com has been organising a contest for international students to create a video about an aspect of their life and their experiences or hopes of studying abroad.

Life After Lockdown Travel Video Contest

Despite the very different landscape for international student travel we’re experiencing in 2020, InternationalStudent.com is bringing the contest back – and this year it has a special tagline: Life After Lockdown.

The concept is simple – create a video up to 2 minutes long about one or both of the following:

  • How COVID-19 has impacted your international education or cultural exchange experience abroad
  • Your ideal international education or cultural exchange after Covid-19

Do this well enough to impress the judges and you could win the top prize of $4,000.

There are also prizes for the 2nd and 3rd place entries, as well as $1,000 for the Viewers’ Choice Award Winner which is voted on by the InternationalStudent.com community!

The submission deadline is 13 October 2020, so be sure to check out all the rules and details by visiting International Student Travel Video Contest

Good luck!

Want more – read the IEFA Blog.


IEFA Round Up: 8 2020

September 2nd, 2020 by Al C

We don’t need to tell you that despite COVID-19 impacting in-person classes, exams and plans for just about everyone around the world, International Education doesn’t stand still for long. We’re excited about the start of the Fall Semester 2020.

IEFA Round Up: 8 2020

Here’s our roundup of some of the news in International Education that caught our attention August:

PEO International Peace Scholarship Awarded

Paramita Choudhury, a second-year doctoral student at the University of Arkansas, has received the P.E.O International Peace Scholarship. P.E.O. is a philanthropic organization with the mission to help women support their educational goals through loans, grants and scholarships. One of the goals of the P.E.O International Peace Scholarship is to foster a better understanding among the peoples of the world. Paramita will receive $6,000 for tuition and expenses related to her research in dental anthropology.

Read more.

Texas Student Recieves Department of State Scholarship to Study Hindi

Josh Mysore, a senior at the St. Mark’s School in Plano, Texas, has been awarded a National Security Language Initiative for Youth Virtual Summer Intensive full scholarship to study the Hindi language this summer.

Josh is one of 500 students selected from roughly 3000 applicants from across the United States who will study a foreign language this summer as part of a virtual exchange.

Read more.

Nigerian ballet dancer inspires youth

Daniel Owoseni was told that as an African he was not eligible for an international scholarship. Despite this setback, he taught himself ballet through YouTube, and 3 years ago set up his very own dance academy.

This story should inspire you not to give up, even when things are hard!

Read more.


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Read about How to find international or study abroad scholarships for 2021 or Studying in the United States vs. Canada


If you need additional funding for your international education, a loan may be the perfect solution:


How to find international or study abroad scholarships for 2021

August 27th, 2020 by Al C

Who Provides Study Abroad Scholarships?

Scholarships can come from many different sources and you’re typically eligible to receive more than one form of financial support. Review the guidelines for each scholarship or award to see what opportunities you qualify for.

How to find international or study abroad scholarships for 2021

There are various sources of funding for the financial aid, such as:

  • Schools and Universities
  • Governments
  • Organizations
  • Businesses and Foundations
  • Private donors

Sponsoring institutions may be run or influenced by people who have studied abroad themselves and because of that they truly understand the value of experiencing an international education.

The availability of scholarships for international students will vary from country to country. Whichever scholarships you apply for, remember to be patient and persistent – as the application process and decision-making can take time. That being said, scholarships are an excellent way to help you finance your study abroad dreams.

What Can a Study Abroad Scholarship Cover?

Depending on which of the many scholarships you decide to apply for and who is sponsoring it, the terms of the scholarship, and what it can be used to pay for (and what it can’t be used for) can vary greatly.

Most scholarships are supposed to cover your basic cost of studying. This might include the cost of tuition, registration fees, books, and other school-related costs. With some scholarships, a portion of living costs may also be covered, such as the cost of food and accommodation (sometimes referred to as “room and board”.

Some international scholarships are much less strict. They will award you a sum of money which you can put towards your studies however you feel is appropriate depending on your circumstances. Of course that doesn’t mean you can just spend the money on whatever you like, it should all be used to fund your education – not for social activities or any other purpose. The difference is that you’re more in control of your own budget and can use the financial aid as you see fit.

It’s important to think about when the study abroad scholarship money will be released to you. Funds are most commonly paid out in a lump sum before the start of the fall semester, but in some cases, may be paid out in instalments over the course of the year. In the case of a study abroad scholarship that is paid out in instalments, in order to keep receiving the payments you may be required to maintain a certain level of academic merit.

Scholarships can be either paid to finance office of the school or to the student directly. Your school or the sponsoring organization will have their own procedures for when scholarship funds will be awarded. You should ask in advance so that you’re able to work out your budget effectively.

Scholarships for Undergraduate Students and Graduate Students

Whether you’re an undergraduate or graduate student, there may be different funding options for you, so remember to explore all the options.

How to Find Scholarships to Study Abroad in 2021

For huge numbers of students, the idea of studying abroad is incredibly exciting and interesting. They want to experience a different culture first-hand, work on their communication skills in a foreign language, or just explore the world as an international student.

Depending on the destination you choose and the type of program you enrol in, it can either be really expensive or could even save you money. But finding a study abroad scholarship to study abroad can reduce the overall cost, otherwise for some, the dream of studying at a school overseas may be out of reach.

To find scholarships to study abroad, first think about the destinations and courses that you are interested in. Contact the schools that you would like to attend to see what aid is available for international students, and use the IEFA.org scholarship search for the latest list of available scholarships.

Related Content

Studying in the United States vs. Canada

Financial Aid For International Students in the US: Explained

10 things you need to know about international student loans


Studying in the United States vs. Canada

July 24th, 2020 by Al C

In this post we’re comparing studying as a foreign student in the USA with studying in Canada – if you’re interested in studying in either country then you’re in the right spot-as we will discuss some of the big advantages of studying in each.

Now let’s dive straight in!

Why you should think about studying in Canada

Studying in the United States vs. Canada

High quality educational services

A degree in Canada is just as good as a degree from the U.S., Australia, or the UK.

Canadian universities are doing well in international rankings and Canadian universities rate among the world’s top 50 universities.

There’s no question that a Canadian education is a world-class education, whether you’re attending a university, college, or technical school.

Relatively Affordable

The most important obstacle for most students seeking to study abroad is the cost.

And while international students pay higher tuition fees at Canadian universities than domestic students, the average annual tuition for a Canadian undergraduate degree for a foreign student is considerably lower than in the United States , Australia, or the United Kingdom.

Foreign students must also find housing and support their everyday lives. The cost of living in Canada is quite affordable compared with many other top destinations for foreign students. And when you consider the average annual cost of living to be lower than other countries with also lower average annual tuition fees, Canada tends to be a really good opportunity, indeed.

It is possible to get an International Student Loan to study in Canada, too.

You can also search our database of scholarships for international students.

Employment

While Canada is a relatively affordable option globally, studying abroad is undeniably expensive.

International students in Canada are allowed to work up to 20 hours a week during school term and full time (30 hours a week) during scheduled breaks, such as holidays. Most students don’t have to get a work permit to work when studying.

Security

Another big reason many students choose to come to Canada is personal safety. Studying abroad can be frightening, because you are leaving your family and friends – your safety net – at home. The Institute for Economics & Peace ranked Canada 8th most peaceful nation in the world. The location and relative isolation of Canada geographically provides a bit of a shield against most international disputes.

Canada has a freely elected government, and the Charter of Rights and Freedoms of Canada guarantees the fundamental rights and freedoms of those living in Canada. Canada’s worldwide reputation is as an inclusive and non-discriminatory society. Immigrants make up 20 percent of Canada’s entire population and Canadian regulations ensure that all citizens are protected from prejudice whatever their circumstances may be.

Immigration Opportunities

You typically get temporary status as a foreign student in the country where you are studying. You need to get back home when you graduate.

However, contrary to other countries, Canada has a variety of programmes that enable foreign students to be moved to permanent resident status after their studies. Options like the Post-Graduation Work Permit encourage students to live and work on an unrestricted work permit after graduation, which lets them gain some Canadian work experience. Most provinces in Canada have Provincial Nominee systems for applicants with studying or working experience in the province, and the point-based immigration scheme rewards Canadian job and education experience. Approximately half of all foreign students consider applying for permanent residency in Canada after completing their studies.

Economics

Canada is one of the world’s largest economies, and students are given plenty of opportunities to work. You have the chance to communicate with stakeholders of your chosen sector and network with them. And while you study, or after graduation, you could gain valuable experience working for industry-leading Canadian companies.

Your Canadian education and improved language skills in either English or French may provide global opportunities should you want to return to your home country or move abroad.

Canadian employers seem to prefer Canadian work experience over foreign work experience, so if you do chose to live in Canada your experience could make you stand out from other applicants!

Why you should think about studying in the United States

Flexibility in choosing your major field of study

It is estimated that 48 of the top 100 universities worldwide are in the USA. Flexibility in academic fields is one of the biggest factors which distinguishes US colleges from other universities around the world.

Usually, you are not required to specify your major until after your second year of study. Most students take advantage of these two years to explore different academic goals before deciding on a major. Students are expected in most other nations to determine their field of study before even applying.

A relatively diverse curriculum

Many U.S. colleges mandate that you take general or “core” education classes.

They provide you with the opportunity to learn about a wide range of academic topics – not just your major or concentrated research area. These classes, often entitled “liberal arts”, cover many subjects from writing to sciences and philosophy.

Internship opportunities & job prospects

With an internship, you will get a head start on your career – opportunities are provided by most US colleges. You will gain hands-on experience and exposure to your profession in the real world, plus the possibility of better-paid jobs after graduation because you already have some experience in the job.

Read about working in the US

Activities on campus

Colleges in the U.S. offer a wide array of sports , clubs, societies and events outside the classroom, so whatever you are interested in – you will find it right there on campus!

Cultural Diversity

Students studying in the US come from all over the world. You’ll be able to meet new people from various backgrounds every day , learn new languages, make friends and learn about other cultures – and share your own!

Professional assistance

Most schools have a dedicated office devoted solely to assisting their international students with any needs. They can help you develop your English, or deal with visa problems, financial support, and even help you adapt to cultural differences which can be quite a big deal in a new country.

When studying in the US one important thing to remember is that it can be very costly – far more costly than many other countries in the world. Through this article you will find out more about how to finance your education in the USA:::Link::

Then you can find out whether you qualify for a loan to study in the US:

You can also search our database of scholarships for international students.


And there you have it! Lots of great reasons why you would want to study in the United States or Canada! Let us know where you want to go in the comments below!



Financial Aid For International Students in the US: Explained

June 24th, 2020 by Al C

In this video we break down all the Financial Aid Opportunities for International Students in the US.

If you’re specifically looking for a loan, then you can use the tool on our site to see if you are eligible.

If you’re looking for a scholarship, then you can search through our database on our Scholarships Page.

The United States is the world’s top destination for international students.

It’s also the most expensive. International students have to pay for tuition, room & board, transportation, books, and supplies – and students may not have all that money saved in advance.

So how can international students pay all these expenses? It’s not easy, but you can realise the dream of studying in the US with hard work and some financial aid.

Getting Financial Aid from the US Government

The U.S. government gives international students limited financial support. But while most foreign citizens are not eligible for government student support, the U.S. Department of Education states that:

“Many non-U.S. Citizens qualify for federal student assistance. Don’t assume you can’t get help because you’re not a citizen.”

Under certain circumstances, non-citizens may be eligible for U.S. federal funding. If you are applying for an international student visa, you may be eligible for the U.S. government-funded programmes:

Fulbright
EducationUSA

However, as an international student, you are most likely not eligible for US government financial aid.

But there are other alternatives that can help fund your education.

Getting Financial Aid from Your Homeland

Always start looking at home. If you’re an outstanding student with great potential, your own country may be willing to send you to an American college or university to learn at some of the best institutions, and then return home to apply your newly acquired skills.

To give you some examples of these programs:

  • King Abdullah Scholarship Program (KASP) — A generous scholarship for Saudi Arabian students that covers the total university cost along with material fees, and provides full medical and dental insurance, a monthly stipend, and coverage for airfare each year.
  • Brazil Scientific Mobility Undergraduate Program (BSMP) — This scholarship is designed for Brazilian students to study at US colleges and universities in the fields of Science, Technology, Engineering, and Mathematics (STEM) for one year.
  • Kuwait Cultural Office Merit Scholarship — A scholarship designed for Kuwaitis studying at specific US colleges and universities to promote the needs and interests of the Kuwaiti government.

You should talk to the education department of your home country and your US embassy or consulate to see if government-funded programs are available.

Funding Direct from US Universities & Colleges

Universities are often flexible in offering financial support to international students. You can usually find plenty of financial aid information on the website of your school or by talking to your Admissions Office or International Student Services Office, or the Financial Aid Office.

You can find information on budgeting, the cost of your education, and any financial support you can afford.

Financial Aid Through the Admissions Office

For their students, most colleges have either need- or merit-based financial aid packages, which can come in various forms.

Some schools have introduced a “need-blind” admissions policy, meaning you’re accepted based on your academic merits and don’t look at your financials.

It’s important to talk to your admissions office about what financial aid you ‘re eligible for. You may be aware of additional completion forms and deadlines.

Schools differ greatly in the international financial aid offered to students. If the school is well-funded, wants to diversify its student population, or has special interests in certain fields of study, it may be willing to offer a generous financial aid package to attract international students.

Financial Aid Through the Athletic Department

International students can get up to a full scholarship to participate on their school’s sport teams. If you’re a talented athlete, this could be your ticket to a US school.

There are agencies travelling the world searching for students who have excelled in their sport and will match you with a coach recruiting for their school. The coach will have the final say as to whether you get selected — and whether there is a financial package to go along with that.

Financial Aid Through An Academic Department

Many schools are looking and have the funds to build a specific academic department. Whether you excel in math, business, or physics, there may be a scholarship for you. You’ll need to contact the Department Head to see if they’re willing to help you. These scholarships are often available in STEM fields — science , technology , engineering, and mathematics. These departments are seeking new research and expertise, so you need to show your track record and make the investment worthwhile.

Tuition Waivers

A tuition waiver allows students not to pay a portion of their tuition. While not all schools grant international students a tuition waiver, a handful to do. The school will specify the requirements to be met for a waiver of tuition. It can be based on citizenship, academic performance, or part of a fellowship or grant. Do your research, look at the school’s website, and talk to your admissions counsellor or an international student advisor to find out more about eligibility.

Private Scholarships, Grants and Fellowships

Many organisations worldwide have created scholarships and grants to help students study abroad. But these awards can be competitive. There are thousands of scholarships and grants out there, but remember to put the time and effort into each application to increase the likelihood of winning the award. Have your application reviewed and submit as many as you can. You can search international scholarships on IEFA.org.

Optional Practical Training (OPT) & Curricular Practical Training (CPT)

Working in the U.S. to supplement your financial support is difficult for international students. F-1 students may work part-time on campus if they are in good academic standing or have completed their academic programme. For OPT or CPT approval, your work must be directly related to your major. Check with your International Student Advisor if you can work during your studies.

International Financial Aid from World Organizations

If you pursue higher degrees, some international organisations can help you study in the U.S., including the United Nations and the World Health Organization, to name a few. Again, these scholarships are extremely competitive, but they can be amazing if you have the qualifications and skills to do so.

International Student Loans

If you still need funds, there are international student loans that can cover your U.S. education’s total cost, including your tuition, transportation, living and food expenses. As long as you attend an accredited school, several lenders will work with international students. In most cases, you can apply online and get approval within days. Remember, international student loans allow you to borrow money, but you’ll need to pay back the money with additional borrowing costs. Check all the details and compare lenders to find the right loan.


How to Get the Best Education Loans for International Students in Canada 2020

March 15th, 2020 by Al C

How can international students apply for a loan to study in Canada?

According to The Canadian Bureau for International Education, 572,415 international students studied in Canada in 2018. This represents a 154% increase in international students in Canada since 2010. Canada is now the 4th most popular destination for international students, behind the USA, the UK, and China.

Why is Canada such a popular destination for international students?

The high quality of the Canadian education system

Canada is one of the leading first-world countries known for its economic abundance and high standard of living. Because of this, their educational system gets great reviews and that’s what international students are looking for. Canadian schools are equipped with the latest equipment and with proper resources required to get the best educational experience possible.

Canada has a reputation as a tolerant and non-discriminatory society

Canada is best known for being one of the most tolerant countries when it comes to skin color and nationality. This makes it a prime destination for international students who wish to avoid the risk of encountering racism or xenophobia.

Canada has a reputation as a safe country

The crime rate is minimal in Canada because of its strict security and adherence to the law. Canadians are also naturally peace and law-abiding citizens, making it a great country to study in. No need to worry about distractions and potential safety hazards because its authorities are working round the clock to provide and maintain a safe and secure place conducive for studying.

Talking about stats…

96% of international students recommend Canada as a study destination, while 60% of international students say that they plan to apply for permanent residence in Canada. This is one of the top reasons why they want to get education loans for international students in the country.

Who are the international students in Canada?

In terms of student numbers, the nationalities with the largest representation of students in Canada are China (with around 28% of the market) and India (with around 25% of the market). US students represent only around 3% of all international students in Canada.

Where are the international students in Canada studying?

Across Canada, the province with the largest number of international students is Ontario (48% of international students) with the next most populous provinces being British Columbia (24%) and Quebec (12%).

Funding for International Students in Canada

IEFA.org can connect international students with education loan providers where they can access loans without cosigners, collateral, or credit history. These are available to students from 190+ countries pursuing degrees in any academic field.

International student loans are made available to international and DACA students studying in the USA and Canada. Undergraduate and graduate students within two years of graduating are eligible.

These loans can be used for past, current, and future semesters, and you can use the funds to pay for expenses including tuition, accommodation, food, insurance, and books.

The Benefits of an International Student Loan in Canada

  • For this type of loan, you don’t need a cosigner, collateral, or credit history
  • You can get an education loan with a fixed interest rate from $2,001 to $50,000 – making budgeting easier and stress-free
  • Students from over 190 countries can apply
  • 10-year loans with no prepayment penalties
  • Interest-only payment period during school and 6-months post-graduation
  • Undergraduate and graduate students within two years of graduating are eligible
  • Loans are available to students attending one of the 300+ schools in the USA and Canada

How does the loan process work?

  • Check to see if your school and program are eligible.
  • Complete your application.
  • Receive a conditional offer after submitting your application.
  • Upload your requested documents and complete any further required paperwork.
  • Receive a final approval after all of your uploaded documents are verified.
  • Your school certifies your enrollment status with the loan provider. Once that is done, your funding is disbursed directly to your school on an agreed upon date.

How much will the loan cost?

Please note that every case is different, but here is an example for informative use only – this is not a guarantee of costs for your individual circumstances.

An international (non-US, non-Canadian) student studying a Master’s-level program borrowing $10,000 USD would expect to repay $100.54 per month during their studies and for 6 months after graduation, and then $141.62 per month thereafter.

Find out more and apply for your International Student Loan in Canada today.

More on Loans That Do Not Require a Cosigner in the US and Canada

10 things you need to know about international student loans


Zuckerman STEM Leadership Program

August 10th, 2019 by Al C

The Zuckerman STEM Leadership Program supports future generations of leaders in science, technology, engineering, and math in the United States and Israel and, over time, fosters greater collaboration between the world’s most advanced scientific research centers.

The program provides scholarships through the following initiatives:

The Zuckerman Postdoctoral Scholars Program attracts high achieving postdoctoral scholars from premier universities in the United States to do research at one of seven Israeli universities. Once they complete their research, many Zuckerman postdocs are expected to accept faculty positions at top North American universities, weaving a network of academic collaboration and goodwill that will greatly benefit US Israeli scientific cooperation.

The Zuckerman Israeli Postdoctoral Scholars Program provides additional support to Israeli researchers who have been accepted to a postdoctoral program with a stipend at an American university. Zuckerman Scholars enjoy unique programming and activities specially organized for them by the host universities, such as touring, educational experiences, and social programs.

Candidates for the Zuckerman STEM Leadership Program are assessed based on their academic and research achievements, as well as on personal merit and leadership qualities, without regard to race, religion, gender, ethnicity, or age.

Scholars are expected to return to the home campuses from which they earned their doctorates, and to visit other universities, where they will give talks and be interviewed by faculty and PhD students. They should share insights about their research and about the experience of collaborating with scientists in the United States.

The postdoctoral scholars program will enable the highest achieving postdoctoral researchers from the US to collaborate with leading scientists at Israel’s top research institutions. Leading PhD graduates from these Israeli universities will have an opportunity to accept postdoctoral positions in top US academic institutions.

Find out more and apply for the Zuckerman STEM Leadership Program on IEFA.

Find other scholarships.

Read our blog.


Global Citizen Scholarship and Women in STEM Scholarship: Application Deadlines approaching!

June 12th, 2019 by Al C

We believe that everyone deserves the right to get a proper education as it creates a better world for all of us. What better way to turn that philosophy into reality by offering scholarships in the U.S. and Canada.

Knowing that these two countries are some of the best places to study and get a college degree because of their high educational standards, it’s best that deserving students get the chance to experience premium education.

This is why we, at International Education Financial Aid (IEFA), are proud to showcase two scholarships for international students in the U.S. and Canada. There are two scholarship types. These are the Global Citizen Scholarship and the Women in STEM Scholarship.

Although the deadlines have passed and the students have been carefully chosen, there’s still a chance that another round of free scholarships will be given soon.

Find out more about these scholarships and stay up to date with another possible round by reading on.

The Global Citizen Scholarship

Global Citizen Schoalrships for International students in the USA and Canada

Provided by: MPOWER

Application Deadline: July 15th

About this scholarship:

The Global Citizen Scholarship is geared towards international students who are looking to study either in the U.S.A. or in Canada. The two countries are considered as the top places to get premium education because of its first-world and high-standard educational experience.

To qualify you must be enrolled full-time at a US or Canadian school that MPOWER supports, and you must be an international student allowed to legally study in the U.S. or Canada. U.S. citizens wishing to study in the U.S. and Canadian citizens wishing to study in Canada are not eligible for this scholarship.

This scholarship is not restricted to a field of study – students from all fields can apply.

And although the application deadline has passed, the chances of MPOWER offering another batch of scholarships for international students is very high.

What is the Global Citizen Scholarship about?

This scholarship has been created and specifically designed to cater to international students who wanted to study in the U.S.A. and Canada. Its aim is to encourage a diverse community of students for the long-term goal of improving the productivity and prosperity of both the two countries and the individual lives of its scholars. In simpler terms, foreign students get the chance to experience American and Canadian college and university-level education at its finest.

What are the Global Citizen Scholarship requirements?

Scholarship applicants, should, however, be qualified. Some of the qualifications needed are full-time students who are currently enrolled at a school located in the U.S. or in Canada. And that school should be directly supported by MPOWER.

Furthermore, applicants should be confirmed as official international students who are allowed to legally study either in the U.S. or Canada or in both the two countries.

Students who are U.S. citizens looking forward to studying in the U.S. are exempted and not eligible for the scholarship. The same goes for Canadian citizens who are looking to study in Canada. The aforementioned scenarios are not eligible to get the scholarship.

However, it’s worth noting that the scholarship isn’t restricted to a specific field of study or degree. This means that successful scholars from any field of degree can apply for the scholarship.

Find out more.

The Women in STEM Scholarship

Women in STEM Schoalrships for International students in the USA and Canada

Provided by: MPOWER

Application Deadline: July 15th

About this scholarship:

The Women in STEM Scholarship is geared towards female international students who want to study college-level education in the U.S.A. or in Canada.

The last applications were also submitted last July 15. But the chances of having another batch of STEM scholars is very high because of MPOWER’s continuous support towards the cause.

What is the Women in STEM Scholarship about?

It is a scholarship fund aimed at women who are geared towards using their STEM degree for the greater good and benefit of society. Those who have the potential to serve as inspirational role models and as advocates for women’s rights are the main target of this scholarship.

What are the qualifications for the Women in STEM Scholarship?

Students coming from different countries, except for the U.S. and Canada, are eligible for the scholarship. They should also be currently enrolled in a STEM degree program in any U.S. or Canadian school that is directly supported by MPOWER. Only females and those who are full-time students can apply for this scholarship.

Applicants must also submit a clear and detailed essay describing their academic and professional accomplishments in the STEM program. They should also share their thoughts about their future goals and how they intend to achieve those goals if ever they successfully qualify for the STEM scholarship.

What is STEM?

STEM is a description of programs that feature subjects in any field of Science, Technology, Engineering, and Mathematics, hence STEM.

Find out more.

Further Resources:

International Scholarships

International Student Loans without a Cosigner

International Student Loan Center


Loans That Do Not Require a Cosigner in the US and Canada

May 31st, 2019 by Al C

Loans Without a Cosigner for International Students in the US

International student loans in the USA no cosigner required

If you are already, or are going to be an international student in the US, it will be required of you to have a cosigner while applying for a loan.

If you do require a cosigner, the cosigner must be a US citizen or permanent resident, and they must have lived in the US for more than 2 years. They should likewise have good credit history. Non-US natives and non-US permanent residents are not allowed to be a cosigner for international student loans.

No-cosigner Loans are a Growing Trend

Despite of the fact that most international student loan applications require a cosigner, students attending a growing number of schools and colleges in the US and Canada can apply for a loan without one.

If you do not have a cosigner, there is guidance on how to find one in the International Student Loan Resources, but looking for a “no cosigner loan” could be the best choice for you.

Since most international students in the US don’t have any financial history there, a cosigner joins the loan application process. Approval for the loan and the interest rate applicable are then based upon the perceived reliability of the cosigner.

Knowing the No-cosigner Deal Technicalities

The cosigner is lawfully bound to repay the loan if the borrower does not make the payments.

Don’t have a cosigner? If research doesn’t help you find one, see if a loan that doesn’t require a cosigner is available for you.

With loans that do not require a cosigner, rather than using the applicant’s credit history, lenders assess your education and career path, in addition to other factors when making a decision on approval for a loan. These might include your nation of origin, graduation date, and what school you are attending.

The majority of student loans available for international students are solely for non-US natives who will be in the United States. However, a new option helps students apply for loans at a number of colleges in Canada as well!

Loans for International Students in Canada

International student loans canada no cosigner required

International Students in Canada may now apply for an international student loan without a cosigner!

International Student Loan has partnered with a lender that can offer loans to students from over 190 countries, including the US, who are attending select schools in Canada. Up to this point it has been hard for international students to finance university education in Canada, but thanks to our partner lenders and International Student Loan, there are now various schools in Canada where no-cosigner loans are available.

Loan Application is Now Available

International students at eligible schools can apply for a loan to fund the expense of your education including the cost of tuition, lodging, sustenance, insurance, and supplies. As referenced previously, with this sort of loan, rather than focusing on your or your cosigner’s financial record, the loan specialists take into account different factors.

Considerations for Loan Approval

For example, your education and future career, your nation of origin, your expected graduation date and what school you will be studying at will be considered. Students who are not US natives or permanent residents, and who are going to schools outside the US/Canada are not presently qualified for international student loans.

Students who are not US natives or permanent residents, and who are going to schools outside the US/Canada are not presently qualified for international student loans.

Finding and Comparing No-Cosigner Loans

International students should use the loan comparison tool to see whether they can apply for a loan without a cosigner and if their chosen school is available. Provided that this is the case, they should then be able to review the terms and conditions of the credit agreement and apply online.

While inquiring about a no-cosigner loan, here are a couple of things you should consider:

  • The amount you can borrow
  • The interest rate (and whether it’s fixed or variable)
  • Repayment terms
  • How the loan is disbursed

When your application has been assessed you will get further information about your loan and the terms and conditions. These will cover the financing cost and the total amount you can obtain. These will differ by loan specialist and depend on your circumstances.

No-cosigner Loan Amount and Tenure

No-cosigner advances through our partner have a fixed rate of interest and enable you to access up to $50,000 in a 2 year period. You should state the amount you might want to borrow on your application.

Once approved for the loan, the funds are disbursed directly to your school or college.

The whole process takes around about a month and a half, so you should plan ahead and ensure that you make your application in time.

To check whether there are no-cosigner loans at your school, start with the loan comparison tool.

Find out more about International Student Loans.


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