• zInternationalStudents Blog

  • Saturday, December 16, 2017

  • Financial Aid Options for International Students

    Filed Under: Health Insurance

You may find yourself thinking on how to pay for your college, even before entering college as international student. Studying abroad in colleges and universities cost a lot of dollars, which is difficult to get by many international students. However, it is imperative to know that help is just a click of your computer mouse away, because the internet will assist you to discover financial aid option that is correct for you, before getting too concerned about the high cost of education.
It is imperative to first fill out the FAFSA form from the financial aid department of your school. With the FAFSA form, you will be able allowed to get the federal government informed about every detail about your financial status. They can then determine the best financial aid options for you, once they have this information in hand.
Loan is one option frequently used by international students who are entering college to get financial aid. There are loan options such as Perkins loan, federal PLUS loan; Stafford loan as well as FFEL loan, which will help you pay for your college tuition and other expenses for free Of course, depending on your financial status and that of your parents, you will be expected to return back part or the entire loan, but this is one of the effective ways of paying your way through college.
On the other hand, grant is another option for international student to pay for college education. Grant can be obtained through the federal government just like the Federal Pell Grant, or through your school upon application. Grants are offered to international students who are actually in need of financial aid and you don’t need to repay back after graduation. However, make sure that you are qualified before you apply for the grants.
Another available financial aid option available for international students is that the Federal work study offers students the opportunity to work at universities and colleges for quite a few hours per week. The money realized from the work can then be used as a means of financial aid.
As international student who needs financial aid, you can also make enquiry from your college or university for other available financial aid option because the list of financial aid options is innumerable.

 

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