Financial Aid Newsletter

March - Issue #24

Welcome to the Financial Aid Newsletter for International and Study Abroad Students brought to you by IEFA.org, InternationalScholarships.com and InternationalStudentLoan.com.

In our newsletter this month you’ll find some great resources covering different aspects of financial aid. We’ll cover how DACA students in the US can qualify for loans to pay for college, how to find international scholarships and a brand new $2,400 scholarship for STEM subjects. We also have a list of the top 5 US colleges and universities for international students and our featured financial aid term of the month explained is Expected Family Contribution, which you’ll need to know about if you’re studying at one of them.

Sincerely,
The International Financial Aid Team

Loans for DACA Students While federal financial aid is available to U.S. citizens and permanent residents, undocumented students are not eligible for this aid. However, there are other options available to DACA students including private loans, scholarships and grants. If you are a DACA student, be sure to check out the international student loan options in our new resource.

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How to Find Scholarships in 2021 The future is always changing, but one thing is for sure... there will always be opportunities for international students to further their education. Education is more than just a path to a degree. It can open doors to new relationships, greater opportunities, along with a richer travel experience and an international scholarship might be just what you need to make this dream a reality. We're excited to share our 2021 guide to finding international scholarships with you! Watch Now

$2,400 USD STEM Scholarships STEM skills, or Science, Technology, Engineering, and Mathematics, are in high demand to solve the big challenges we're facing now and in the future. Which is why we’re excited to share this exciting scholarship with you. If you're looking to study towards a degree in the STEM fields, here’s a scholarship opportunity you might be interested in - receive up to $2,400 towards the cost of STEM courses and you can even study online! Apply Now

Top 5 Universities in the US for International Students If you are an international student looking for a degree in the USA, you probably have a lot of questions. Will the United States be a good fit for me? Will I be happy here? What will the school be like? How much will it cost? All this and more is covered in our post, including our top 5 U.S. schools for international students: Read the Blog

Financial Aid Explained: Expected Family Contribution (EFC) EFC is the total amount students and their families are expected to pay towards their college costs. This is determined from family and student income and assets for the prior year. The amount is derived from a need analysis of the family’s financial circumstances. In other words, colleges factor your family’s income and assets into determining how much they think you should contribute toward your education costs.