When thinking about the cost of U.S. higher education, factor in the following costs: tuition and living expenses including room and board, school fees, health insurance, travel, books, computer and lab costs. Tuition varies widely, but it is usually the largest single cost a student faces. The College Board site provides College Financing Calculators that allow you to contrast and compare college costs.
Sources of financial aid available to international students at the undergraduate level are limited and highly competitive. For the academically outstanding student, many institutions offer merit scholarships, and for the talented athlete there may be athletic scholarships available. These types of scholarships tend to be available to both U.S. and International students. Athletic scholarships are generally awarded with the input of the Head Coach. Merit Scholarships are granted automatically in some cases and in others involve an application process. Each college handles these scholarships according to their individual institutional policies. Beware of scholarship scams – see the Federal Trade Commission‘s warning and tips.
U.S. CITIZENS LIVING ABROAD
For U.S. citizens who are currently living outside the United States but who are interested in attending school in the U.S., the financial aid application process is the same as for resident citizens.
We are pleased to provide guidance as you research the mechanics of paying for an education in the United States.
infographic courtesy of www.privatestudentloans.com