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|Student Loans For International Students by kellyjoesteve(m): 8:48pm On Oct 12, 2014|
It’s challenging enough for an American student to scrounge up enough funds for college – but for an international student, financing a U.S. college education can be even more formidable. It doesn’t help that U.S. tuition has increased by nearly 1,200% over the past 35 years. In 2013-2014, a middle-of-the-road U.S. college budget averaged $22,826 for an in-state public college and $44,750 for a private college, according to The College Board. The most expensive American colleges now cost more than $60,000 a year.
Like an American student, before looking for a loan your first step should be to investigate scholarships and grants. Apply for international student financial aid with your college, including teaching
assistantships if you're a grad student and the university has programs. Hundreds of U.S. colleges and universities offer financial aid to international students. There might also be schools that offer a stipend for serving as a resident dorm advisor. Depending on the languages you speak, some universities might be eager to hire you if the school features dorms designed so American students can get better at speaking a foreign language.
Next, research and apply for international student scholarships and grants, including any that the government of your home country may offer. Then, determine how much you and your family can realistically afford to pay out of pocket.
Even with scholarships, grants and family funds, most international students still come up short. That's when it’s time to look into private loans. A variety of banks and other institutions offer international student loans for borrowers who meet certain standards, including the following:
*. International Student Loan Program
*. Global Student Loan Corporation
*. Credila Financial Services(for students from India)
*. Sallie Mae
*. Citizens Bank continue here www.careinsure. for more
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