Can DACA students get a loan to pay for college in the US?

February 26th, 2021 by Al C

The DACA program was started in 2012 to allow undocumented children who came to the U.S. as immigrants a chance to stay and work in the country for two years.

Loans for DACA Students

The Deferred Action for Childhood Arrivals (DACA) is an immigration policy initiated by President Obama in 2012 that allows certain undocumented immigrant youth, those who have come into America before their 16th birthday, with no criminal history and meet other requirements, to get temporary permission from deportation and be eligible for work permits. In 2017, then-President Trump tried unsuccessfully to end the program but has since rescinded his decision. The future of this program is still unclear; however, it remains one of Obama’s most significant legacies on immigration reform.

Who qualifies for a loan to pay for college in the U.S.?

The cost of tuition could be an obstacle for many in the pursuit of higher education. Thankfully, there are a number of private student loans to help fund your tuition costs! Student loans can provide up to the total cost of attendance at your school per year and you typically don’t have to start paying it back until 6 months after graduation.

Tuition is expensive. In fact, according to College Board’s 2017 report on Trends in College Pricing 1 out of every 10 college students drops out because they couldn’t afford their degree without putting themselves into debt. Fortunately, student loans might bridge the gap between what you earn at work or have in your savings and what your tuition costs.

Most college students with DACA status, like international students, can’t get federal loans.

The U.S Department of Education says that illegal immigrants are not eligible for federal student loans which includes those who have DACA status and work permits. In order to finance their college tuition, many DACA students will need private lenders or scholarships from colleges and universities they’re attending.

Schools can be expensive, so students might need a private loan to cover the cost. They’ll often need to provide a co-signer who has good credit and is either a U.S. citizen or permanent resident in order to qualify for this type of financing.

When it comes to loans for college, DACA students are often at a disadvantage because they may not have any credit history or have a poor credit score. However, this is not the case for all loans as some student loan companies have stepped up and offered to offer student loan options without cosigners.

When DACA students need a loan, they often do not have access to a co-signer who is willing or able to help them with their financial needs. However, there are new rules in place that allow these individuals to make an application for loans without needing a cosigner. The bill requires any loan request from someone with Deferred Action status must undergo additional screening before approval and does not guarantee acceptance.

DACA students may be able to get a loan or receive financial aid through their college’s financial aid office. Getting a loan is not the only way DACA students may be able to pay for their education. Some options include grants, scholarships, and paid internships.

How much can you borrow?

You may be able to borrow up to the full cost of your education, minus any other financial aid you are receiving in the form of grants and scholarships.

When does the borrower need to start paying back their loans?

When it comes to student loan payments, all lenders are different and have different repayment terms. After graduation there is usually a 6 month grace period where your payment is either nothing or is lower than the full monthly repayment amount.

What are the interest rates for DACA students?

You can confirm the actual rates with your lender before you agree to take out the loan. Make sure you understand the rate that applies to your product and whether it is a fixed or variable interest rate.

Here are some example rates:

These are examples only and you should check the current rates from your lender.

Graduate DACA students: 7.99% introductory rate ( 8.89% APR ), reduced to 6.49% ( 7.52% APR ) if you qualify for certain discounts.

Undergraduate DACA students: 9.99% introductory rate ( 10.91% APR ), reduced to 8.49% ( 9.56% APR ) if you qualify for certain discounts.

What are the requirements to get a loan as an undocumented student in the U.S.?

In order to qualify for a loan as an undocumented immigrant in the United States, you need to have a Social Security number and be eligible for employment.

Can I still go to college if I don’t have a Social Security number or driver’s license and am not eligible for federal financial aid?

You can still go to college without a Social Security number or driver’s license, but you will not be eligible for federal financial aid.

Can DACA students apply for the FAFSA?

If you’re in the DACA program and have received a Social Security number, you can complete your FAFSA. You’ll even get a Student Aid Report outlining your eligibility to receive nonfederal aid! The Department of Education suggests that you talk to your high school counselor and college financial aid office before filling out the FAFSA. You might live in a state with an alternative application for undocumented students, so it is important to research this option.

What about scholarships?

There are many scholarship opportunities for DACA and international students. You can find a list of scholarships at IEFA.org/scholarships


Stress-Free Budgeting: Tips for International Students

January 28th, 2021 by Al C

Yes, it can be stressful when you’re planning to study abroad. There are many perfectly understandable reasons to feel stressed or anxious. Tuition fees are high, you’ve got food costs, study materials, transportation, health insurance, and lots of other expenses. 

Even the currency exchange rate can be a concern.

When you don’t have enough financial means you might consider taking out a student loan. Paying back the student loan can add another layer of stress. But still millions of students can be found at international colleges every year. 

Students find ways to manage their financial situation and complete their education in international colleges.

Stress-Free Budgeting Live with ISI

Here are some budgeting tips for students who want to study abroad:

Tuition fees and other expenses:

The tuition fees are probably the most expensive thing you will face when you plan to study abroad. The yearly cost can reach up to five figures and for some private colleges it can even reach up to six figures (USD). The Financial Aid Office or Admissions Office at your college of choice will have up to date information about their tuition fees.

But tuition is not the only cost to consider, living abroad involves other expenses like transportation, phone bills, health insurance, food expenses, holiday expenses, accommodation and more. When we talk about the cost of accommodation, most colleges provide (or at least offer) dorm rooms to their international students. But you can still choose to live off campus — alone or with a group of people. The rental cost for private accommodation will depend on the location you choose to live in. 

It will be cheaper if you choose to live in a dorm. You can save money because you won’t have to pay for electricity, water, and internet bills as they will be included in the cost. You can also save money because you will be living on the college campus and therefore probably won’t have additional transportation costs. 

Part-time jobs:

Depending on your visa status you might be allowed to have a part-time job while studying. When allowed students can typically work for up to 20 hours a week during the semester and full-time during holidays and semester breaks. This could be a useful source of income to help you with your daily expenses.

Take advice from international student advisors:

Most international colleges have a dedicated advisory office for international students. They provide students the necessary advice so they can manage their experience — including their finances. They help students with budget plans, part-time job information, and other related information. It is a good idea to get their advice before making any decisions relating to your finances.

International student loans:

Although they might seem like a golden opportunity, remember that paying back your international student loans can cause stress and worry for some students. Getting an International student loan should usually be your last port of call for additional funds. We suggest you first look for financial aid and scholarships from schools and other sources. If you still find a financial gap after exhausting all the other sources, this is the time when international student loans come in handy. 

Summary: 

If you focus on your education and keep an eye on your budget, you’ll be able to enjoy completing your education at an international college. Try to avoid unnecessary expenses and focus more on savings. Here are a few examples of how you can save money: Use a bicycle to avoid transportation costs, try to cook your food at home rather than eating in a restaurant, so you can avoid food costs. Most importantly take advice from school advisors, they can assist you with your budgeting.

At the same time, look for ways to make the most of your time as a foreign student, take part in activities and explore your home away from home while you can.


How much does it cost for an international student to study at university in the US?

January 18th, 2021 by Al C

How much does it cost for an international student to study at university in the US?

Millions of students around the world dream of studying in the US. There are a lot of famous universities and colleges to choose from. Improving their future prospects, getting a high quality higher education, and access to better opportunities are just some of the reasons why so many students want to study at a university in the US.

But to get the best quality product you usually have to pay a high price. US colleges are some of the most expensive colleges in the world, but still millions of international students apply every year.

So, how much does an international student pay to study in the US? The annual cost can reach up to five figures.

Most colleges don’t have a standardized government fee system. It mostly depends on the college and the course you choose.

There are multiple types of institutions available in the US such as community colleges, private colleges, and public colleges. Most international students study at public and private colleges rather than community colleges.

Private colleges are the costliest of them all. On average public colleges charge between $35,000 and $45,000 and private colleges charge from $50,000 to $75,000 per year.

Tuition Fees:

Tuition fees for international students

Private universities charge more tuition fees as compared to public and community colleges.

Public colleges get their funding mostly from the state government and private colleges get their funding from private organizations and donations. Community colleges or two year colleges also usually get their funding from the government just like public colleges.

Subjects like the arts, education, and humanities tend to be less expensive than engineering, medical, dentistry, and other similar subjects.

Higher courses like masters are usually more expensive than undergraduate courses. The college tuition fees depend on the college or course that you are planning to pursue. They differ from college to college. However, international students almost always pay significantly more than American students.

  • Undergraduate Courses:

The cost of undergraduate degrees in the US varies greatly between institutions, and it is even higher for international students. International students pay $25,000-$35,000 per year at a public university and $30,000-$45,000 at private colleges on average. The cost can reach up to $50,000-$55,000 per year for some private colleges.

For a cheaper option, you can go to a community college. You will receive an associate’s degree instead of a bachelor’s degree because community colleges provide 2-year courses. They can charge you $2500-$3000 per year. You can use the associate’s degree as a qualification for the first half of your bachelor’s degree and later you can apply for a master’s degree as well.

  • Postgraduate Courses:

All the fees depend on the courses that you choose. In general a Ph.D. or master’s courses will cost less than the MBA, JD, or MD courses. International students usually pay $20,000-$35,000 for public colleges and $35,000-$50.000 for private colleges per year.

Accommodation Costs:

Most colleges offer their international students on-campus residence. The residence is often called a “dorm room” or dormitory. Students usually share a room with 2 or 3 other students. Colleges provide daily essentials like water, electricity, and the internet. Students also share bathrooms, showers, and so on. It depends on the college how much they charge for on-campus accommodation. On average this is between $5000-$8000 per year.

international student accommodation costs

However, you can choose to stay at a non-campus residence as well. You can share an apartment with other students or you can live alone as well. The rent depends on the area you are staying in. The Midwest region is cheaper than the East and Northeast in the US. But, you have to pay your electricity, internet, and water bills along with the rent. The usual rate for a single bedroom apartment is between $6,000-$15,000 per year – depending on the apartment and location.

Living Expenses:

It will be a good idea to make some savings for your daily and basic needs like emergencies, shopping, groceries, food, water, clothes, books, and study materials. When you live abroad you should track even your smallest expenses. This will help you to keep an eye on your overall expenses and you can save or set a budget for a period.

living expenses in the USA

A good estimate would be $10,000-$12,000 per year for international students. The cost might vary where you are staying.

Student Visa:

A student visa is mandatory for all international students. It can be a long process as well. As an international student, you have to apply and get accepted by a Student and Visitor Exchange Program (SEVP) certified college. After the approval process, you will receive the I-20 from where all of your information will be recorded.

student visa required

Visa applicants have to pay a non-refundable fee. All students are categorized as F, M, or J, depending on their courses, merit, and colleges. They have to pay $350 as a SEVP fee and a visa application fee of $160.

Health Insurance:

Staying so far away from your home can be hard. Thousands of international students get injured or need medical attention throughout their courses. Student health insurance provides international students with financial support in these kinds of situations. International students must have proof of health insurance to get admission to US colleges. Without health insurance, international students can not apply for US colleges.

health insurance required

Under the age of 25, international students can expect to pay $30-$140 for health insurance per month depending on the college and the health insurance package.

Transportation:

Usually, most colleges provide dormitories to their international students. When you stay inside the college campus you won’t be using transportation too much, unless you are going somewhere off-campus. However, if you choose to live outside of the college campus, you will need transportation. Luckily, in the US transportation costs are not that high, and there are multiple options to choose from. You can get cabs, trains, and buses or you can use vehicle rental facilities.

transportation costs

Bus and train passes cost around $30-$50 per month for students. For additional expenses, you can expect to pay around $100-$120 per month in your total transportation. However, that cost mostly depends on where you are staying.

In summary:

Yes, it is costly to study in the US. International students pay around $32,000-$60,000 per year depending on the university and the course. It is a lot of money but there are various options and opportunities available for international students. You can get the facilities of international student financial aid, international scholarships, international student loans, and help from private and government organizations as well.


How to Get the Best Education Loans for International Students in Canada 2021

December 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, 642,480 international students studied in Canada in 2019. This represents a 185% increase in international students in Canada since 2010. Canada is 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 22% of the market) and India (with around 34% of the market). US students represent only around 2% 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 (23%) and Quebec (14%).

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


Study Abroad by Numbers

December 1st, 2020 by Al C

The latest data covering international students in the USA and American students studying abroad has been released – here are the highlights:

International Students in the US:

Over 1 million international students studied in the US in 2019/20, including those taking an academic program and those on OPT (Optional Practical Training).

That’s over 5% of the total number of enrolled students, but it is almost 2% (or 20,000 students) lower than the previous period. Early indications suggest that due to the pandemic international student enrolment in 2020 could be down by a further 16%.

American Students Abroad:

Almost 350,000 US students studied abroad for academic credit in the 2018/19 academic year (the latest data available).

That’s almost 2% higher than the previous year – continuing the trend which has only been increasing for over 10 consecutive years.

Demographics:

Incoming students to the US came mainly from China (35%) and India (18%).

The top 10 countries of origin for incoming students were:

  1. China
  2. India
  3. South Korea
  4. Saudi Arabia
  5. Canada
  6. Vietnam
  7. Taiwan
  8. Japan
  9. Brazil
  10. Mexico

California was the individual state that hosted the most international students in total (with over 160,000).

The single most popular institution in the US for international students was New York University – hosting over 20,000 students from around the world!

Outgoing US students’ top destinations were the UK (11%), Italy (11%) and Spain (10%).

The top 10 destination countries for US study abroad students were:

  1. United Kingdom
  2. Italy
  3. Spain
  4. France
  5. Germany
  6. Ireland
  7. Australia
  8. China
  9. Japan
  10. Costa Rica

For more on this data please visit https://opendoorsdata.org/annual-release/

If you’re studying abroad you may be able to fund part of your education with a loan:

Read more on the blog.

Or search our scholarships listings.


How Can International Students Get Full Scholarships?

November 6th, 2020 by Al C

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CAN INTERNATIONAL STUDENTS GET SCHOLARSHIPS?

International Scholarships Search

Many colleges and universities around the world offer scholarships for international students as part of their financial aid packages. If you’re studying outside of your home country, you should definitely see if there are scholarships for international students available at the school you will be attending.

An international scholarship will help to offset the cost of attendance at a university abroad.

More than one million international students study at U.S. colleges and universities every year. With many more studying in other countries around the world, too.

Universities and private sponsors offer a wide array of programs with various amounts for tuition and fees. Many schools offer international student scholarships in order to attract a diverse range of students to study at their institution.

Getting a study abroad scholarship can make a huge difference if you want to study in another country. Why? Because the majority of schools often have two levels of tuition fees. One for residents of the state or country you study in, and the other for non-residents. Without additional financial aid it is difficult to afford an international education.

Can International Students Get Full Ride Scholarships?

Full ride scholarships pay the cost of tuition in full – plus, other expenses like fees, meals and housing.

In the US alone, according to the Fulbright Commission, over 600 universities offer scholarships worth $20,000 or more to international students. Around 250 schools in the US offer ‘full ride’ scholarships.

The Rotary Peace Fellowship is one example of a full-ride scholarship for international students. This scholarship covers tuition, fees, housing and travel costs. It also covers internship and field study expenses. It is for international graduates who want to pursue a master’s degree in areas related to peace, conflict prevention and resolution.

IEFA

How can I apply for an international scholarship?

The process of applying for an international scholarship will vary from one school to another – or if you are applying with an external sponsor. There is some paperwork to complete in order to apply. As a student from another country, this may be complex as depending on your destination country you may need to fill out forms that are not in your native language.

In many cases you’ll want to make sure to practice your English writing skills if you are applying to attend school in an English-speaking country.

It is quite common for scholarship applications to require an essay to be submitted along with the paperwork.

Before you apply, do some research on the values held high by your intended school. Apart from good grades many schools are looking for students with character. Leadership, experience in work or as a volunteer, and good communication skills are also highly valued.

Do your best to communicate all of the above in your application and adhere to any special requirements the school or sponsor has. And make sure you stick to the application deadline as a late entry will not usually be considered.

For listings of scholarships for international students, see IEFA.org.

How can I get free scholarships to study abroad?

Many study abroad programs around the world offer scholarships. You should look for nonprofit organisations in your field and check your university website for their undergraduate and graduate scholarships listings.

Study Abroad Scholarships

The types of scholarship program available might depend on your status – whether you are studying abroad for a semester or full degree. Your status as an undergraduate or graduate student also plays a role in the type of scholarship you may be eligible for.

In any case, the majority of international scholarships do not charge any application fees – if you are applying for a private scholarship and are asked for a payment up front in order to secure the scholarship, you should be very cautious and ensure that this is a reputable organization – be wary of scams targeting vulnerable international students.

Which countries give scholarships to international students?

Many countries have universities that offer scholarships to international students.

The United States is one of the most popular with students from other countries. But if you are an American and want to earn your degree abroad, there may be options too – just as if you are an international student in any country.

For example, if you want to study in China there are Chinese government scholarships.

There are tuition-free public universities in Germany. Norway, Australia, Sweden are other countries that encourage international students to study there through incentives such as scholarships.

Find an extensive list of scholarships at IEFA.org/scholarships.

US Citizens studying abroad: Can You Get Financial Aid For Studying Abroad

International Student sin the US: Financial Aid For International Students in the US: Explained


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.


STEM and Computer Science Students Eligible to Get $1,000 Scholarship Fund 2019-2020

October 10th, 2019 by Al C

The world we are currently living in is a society that thrives and depends heavily on computers and technology so this 2019-2020.

Gone are the days when we can function at our best without all the needed technological complexities. Now, we not only need the right equipment and computers but also the right minds to work on today’s tech-driven world.

That’s where Indeema comes in.

Indeema is a software company that develops business solutions for its clients using the latest tech. Aside from that, they also believe that having their own contribution to the industry can be best defined by offering scholarships.

Well, that’s just what they did as our friends at Indeema offers a scholarship program worth $1,000 for computer science students and to those who are studying STEM-related courses.

Indeema believes that investing in bright minds and aspiring talents, as well as sharing their resources and knowledge to the right people is one of the best things they can do for the upliftment of society.

Who is eligible for the STEM and Computer Science Scholarship?

To assist high school seniors or freshmen students in the USA, Indeema is offering the $1,000 Scholarship Program for enrolling at a university/ college for:

  • Computer science (CS)
  • Computer engineering (CE)
  • Related science, technology, engineering, math (STEM) programs.

The company believes that it is in supporting students who are following a path towards computer and tech literacy is the future. Thus, those who are interested in enrolling in computer science, computer engineering, as well as other STEM-related programs, specifically in science, technology, engineering, and mathematics, are eligible to apply for of this scholarship fund.

What about Indeema?

Indeema is driven by their passion to not only cater quality tech business solutions to their clients but also positively contribute to the overall welfare of the industry. This is why the company’s mission is driving progress with tech skills and science.

The company also lead educational courses and collaborate with research institutions in Lviv and Austria. Furthermore, Indeema also believes that it is important for them to facilitate the development of fresh minds in the IT industry so that it will progress for the betterment of everyone.

Because of this, they decided to finally grant educational scholarships to students in the US who are interested in pursuing careers in computer science and other STEM courses. This is also a strategic move for the company as it is where their main office is located.

Indeema knows that starting can be hard. That’s why they want to create a stepping stone and encourage IT enthusiasts to build their career in this innovative landscape.

Not only will this create brighter minds in the tech industry, but this will also make it easier for them to leverage on their careers, and in the process, help Indeema and the entire tech sector improve.

Any wonderful product or disruptive innovation is done by people like you or like Indeema — passionate dream chasers.

Study hard and work smart, and there will be nothing you can’t achieve!

Who is eligible for the $1,000-STEM and Computer Science Scholarship?

High School Graduates

High school graduates who graduated from a public school are eligible. However, those who have graduated from a private school are also welcome as long as the school they’ve graduated in is accredited.

STEM Course

Students who are going to pursue a degree and career in computer science, computer engineering, and other STEM-related courses are eligible to apply for the scholarship.

Enrolled College Students

Students who are already enrolled or have been accepted for enrollment for a four-year course at any accredited college and university in the US are eligible for the scholarship.

High SAT Rating

Students who have a high SAT score are eligible. Specifically speaking, only those who have SAT scores of 1350/1600 and above. Also, those that have a cumulative GPA of 3.0 as well as a 27 or higher composite ACT score are eligible for the scholarship.

Interested and Passionate

If you are deeply passionate and interested in computer science, computer engineering, and technology, then you’re a great fit for the scholarship.

If you are interested you can find out more below. You must apply for the $1,000 Scholarship Program by March 1st.

Find out more.

Read more from our blog.

This award is brought to you by IEFA.org and all responsibility for the program lies with the provider – in this case, Indeema. For more information see the listing on IEFA.org and contact the provider directly.


University of Arizona International Tuition Award

October 24th, 2018 by Juncal Caballero

University of Arizona
Deadline: April 1st

Looking to study at the University of Arizona (UA) but can’t afford the tuition? This is your chance! The UA is offering Tuition Awards to international students that go from $4,000 to $24,000 per academic year.

The University of Arizona is one of the United States’ most respected public research institutions. The UA provides more than a world-class education, they help students develop the necessary skills of discovery, research, and creativity and that’s why you can’t miss this opportunity to study there!

What’s the scholarship about?

In recognition for students who exhibit an outstanding academic performance, the University of Arizona offers the International Tuition Award which offers $4,000 – $24,000 per academic year for freshman, and $5,000 per academic year for transfer students.

Eligibility:

  • International applicants whose primary language is not English, or who attended school in a non-English speaking country, must prove English proficiency.
  • Must verify your lawful presence as described under Arizona’s Proposition 300.
  • Semesters without lawful presence verified will be lost and counted against the scholarship’s total eight semesters.
  • Awards are for undergraduate studies only.
  • In addition to the criteria above, submit a complete application and all required documents.
  • Scholarship recipients must accept their award by paying their enrollment fee by May 1 for freshmen and by June 1 for transfer students.
  • Sponsored students are not eligible. However, if sponsorship is for years two – four only, a one time award may be applied per the charts above.
  • Non-degree seeking, exchange, and conditionally admitted students are not eligible.

If you meet the criteria, be sure you submit your application on time for the next fall semester!

Get more details on the University of Arizona International Tuition Award and how to apply.


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