Financial Aid Newsletter
June - Issue #3
Welcome to the 3rd edition of the Financial Aid Newsletter for International and Study Abroad Students brought to you by IEFA.org, InternationalScholarships.com and InternationalStudentLoan.com.
In this month’s letter we have great news for international students who want to study in Canada, information on finding a loan without a cosigner in the USA, and guidance for US students looking to study abroad.
Whether you’re an international student seeking an opportunity to study in the USA, or an American student studying abroad, we believe our financial aid sites will help you find the resources you need in your search for international scholarships and loans.
Sincerely,
The International Financial Aid Team
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International Student Loans for Studying in Canada
The International Student Loan search tool now includes loans for students from around the world studying in Canada! Until now it has been very difficult for international students to fund their education in the Great White North, but now there are a number of schools in Canada where loans are available without a cosigner. Use our loan finder tool to see if your Canadian school is one of the select universities where these loans are available.
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No Cosigner Loans for International Students in the USA
Although most international student loan applications require a cosigner, international students attending a select few colleges and universities in the US and Canada are able to apply for a loan without one.
With no cosigner loans, instead of looking at credit history, lenders look at your academic success and career path, as well as other factors when assessing you for the loan. Some of the factors they will consider when you apply include your home country, graduation date, and what school you attend.
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Understanding Student Loan Terms
Turning to a student loan can be a great way to help fill the financial aid gap when trying to fund your education. Although helpful, student loans can also be very confusing! If you need help making sense of loans, explore our guide on student loan terms. There you can learn more on interest rates, repayment and different types of loans.
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Study Abroad Loans
US students planning to study abroad through a US college or university are eligible for student loans, no matter where in the world your travels take you. Learn more about the process and find out if you are eligible.
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Explore our Featured Awards
Our scholarship database has more than 1,500 awards for you to search through!
We highlight a small number of Featured Awards - these are updated frequently and have been selected by the Financial Aid team. If you’re trying to find a good starting point in your financial aid search, why not start with our Featured Awards?
Deadlines on our featured scholarships approach quickly. In fact, two of our current featured awards have deadlines coming soon: the MPOWER Women in STEM Scholarship and MPOWER Global Citizen scholarship. Award amounts for these scholarships range from $2,000-$5,000 and have varying eligibility requirements. Explore these scholarships and apply before the deadline of July 15th.
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InternationalStudentLoan.com | iefa.org | InternationalScholarships.com
1101 Connecticut Ave NW Suite 900,
Washington, DC 20036 USA
info@iefa.org
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