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International Student Funding: Presented By: Nadia Agarrat International Admissions Officer

This document summarizes the various forms of financial aid available to international students. It discusses the costs that must be covered (tuition, fees, room and board etc.). It also outlines the different sources of funding including personal/family funds, sponsorships, scholarships, grants and loans. It defines financial aid and describes the main types - gift aid like grants and scholarships, and self-help aid like loans. Additional options for funding one's education are also presented such as payment plans, on-campus jobs, and internships. Information is provided on how to search for external financial resources and the application process.

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125 views13 pages

International Student Funding: Presented By: Nadia Agarrat International Admissions Officer

This document summarizes the various forms of financial aid available to international students. It discusses the costs that must be covered (tuition, fees, room and board etc.). It also outlines the different sources of funding including personal/family funds, sponsorships, scholarships, grants and loans. It defines financial aid and describes the main types - gift aid like grants and scholarships, and self-help aid like loans. Additional options for funding one's education are also presented such as payment plans, on-campus jobs, and internships. Information is provided on how to search for external financial resources and the application process.

Uploaded by

jessica
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
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International Student Funding

Presented by:
Nadia Agarrat
International Admissions Officer
Student Finances
(Verification for I-20)

Finances include
 Tuition and Fees
 Room and Board
 Books and Supplies
 Insurance
 Entertainment
Forms of Finances
• Personal/Family Funds
• Sponsorships (Government or
Company)
• Scholarships*
• Grants*
• Loans*
• Work
*Can be from University, Government or
private sources
What is Financial Aid?

Different types of financial assistance available


to students entering college.
Types of Financial Aid
Gift Aid
• Grants
• Scholarships (Merit, Athletic, Talent,
Unique)
• Combinations

Self Help Aid


• Loans
• On Campus Employment
Additional Financial Options
• Campus Administered Payment Plans
• Specialized Campus Opportunities (student blogger)
• Residential Advisors
• Student Ambassadors
• Student Tour Guides
• Internships/CO-OP’S
• Advance Placement Credit – CAPE, AP, IB
• Community College
• Affordable School
The External Financial Resources
• Institution/college web sites
• Local library resources
• Local businesses, civic
organizations and churches
• Parent’s employer(s)
• www.hesaa.org
• www.fastweb.com
• www.collegeboard.org
• www.mappingyourfuture.org
The External Financial Resources
Cont’d
American Association for University Women International Education of Students
American Society for Engineering Education International Scholarships Online
American Society for Mechanical Engineers Sch National Society of Black Engineers
olarship List SAE International Engineering and Aerospace
Career One Stop Scholarships
College Tool Kit Scholarship Guidance
EduPass for International Students Scholarship Research Network
Graduate School Scholarships Society of Women Engineers
IEEE Scholarship Opportunities United Negro College Fund Scholarship
https://foreign.fulbrightonline.org/ Unigo
What is Considered Need?
COA – EFC = FN

COA – Cost of Attendance ( tuition, fees, room and board


meals, additional living expenses)
EFC – Expected Family Contribution (money family can afford)*
FN – Financial Need

*determined by the FAFSA, CSS, or by individual university


US Citizens Financial Aid
Scholarships – Academic/Merit, Athletic
• Grants (need based)
FEDERAL
- Pell Grant
- FSEOG (Federal supplemental education opportunity grant)
STATE
- TAG/TAP/FSEOG – NJ/NY/FL
- EOF

• Student Loans
Direct Subsidized Loan
Federal Perkins Loan

• Parent Loan

• Federal Work Study


Applying for Scholarships
• Academic/Merit Scholarships are determined automatically
or by submitting a separate scholarship application

• Need base aid – students must complete the FAFSA, CSS


Profile or whatever is required by the university(s) of choice
www.fafsa.gov
https://cssprofile.collegeboard.org/
https://bigfuture.collegeboard.org/scholarships/international-scholarships
Next Steps
• Complete University Application

• Complete any required financial


aid forms

• Check email and “follow through”


Admissions

Contact:

Nadia Agarrat
[email protected]

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