Post on 07-Nov-2014
description
� Bryanna LindblomMarketing Coordinator
International Student Loan
� Nassef GirgisDirector of International Students & Scholars
University of Nevada, Las Vegas
� Current statistics of primary sources of international student educational funding
� Ways to assist your international student applicant to preview the true cost of a US education
� Awareness of alternative financial aid resources that may be available to international students at various stages of their educational journey
� Awareness of the extent of your personal/ professional involvement in this process
Open Doors Report 2011
Personal and Family Funds (63%)
U.S. College or University (23%)
Home Government/University (6%)
Current Employment (5%)
U.S. Government (1%)
U.S. Private Sponsor (1%)
Foreign Private Sponsor (1%)
Other Sources (1%)
International Organization (0%)
58.0%
60.0%
62.0%
64.0%
66.0%
68.0%
70.0%
2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11
Percent of Education Percent of Education Percent of Education Percent of Education Funded from Personal Funded from Personal Funded from Personal Funded from Personal
and Family Fundsand Family Fundsand Family Fundsand Family Funds
Open Doors Report 2011
� An International Student Financial Aid Advisor?
Interruption loss of financial support!
This first step is one of the biggest-know what international students are up against
◦ Private vs Public
◦ Community college vs State university
◦ City vs Rural
◦ Personal aid vs Institutional aid
*Sample Budget Sheet Courtesy of NAFSA
� Bank statement
� Employment letters ◦ Teacher Assistant letter
◦ Graduate Assistant letter
� Letter of financial guarantee
� Conditional loan approval
�Scholarship
�Grant
�Assistantship
�Fellowship
Private
organizations
(U.S. and
international)
Foundations and
Philanthropies
International
agencies
Colleges and
universities
Religious
organizations
and associations
Home
government or
embassy
� Know what is available
� Be aware of the basic application procedure
� Proactively seek to influence the process and distribution of scholarships to international students
� International student application fee ($40) deposited into foundation account
� 10K to establish an endowed scholarship fund for international students – return on endowment is distributed in scholarships annually
� Boosting the number and value of scholarships by giving an extra 2–3K annually
� Creating a new scholarship for freshmen…great recruitment tool
� Share with your students information about scholarships (deadline, application, criteria)
� Benefit from having a scholarship named after your office (program)� Recognition as donor
� Recruitment tool for new students
� Office visibility at a scholarship award ceremony
� Earn extra gratitude from your students
� 30% of scholarships offered are available to all students (including international)
� Inform students of the possibility of scholarship availability
� Creating a new scholarship for international Students from the student administrative fee collected every semester
• * Fulbright Program For Foreign Students | Institute of International
Education
� Awards grants to international students for Master’s or Ph.D. study at
U.S. universities or other appropriate institutions. Programs are
sponsored by the U.S. Department of State and administered by
Fulbright Commissions in the applicants' home countries. Program
eligibility and selection procedures vary widely by country.
• * Funding For US Study: International Scholarships | Institute of
International Education
� Database of scholarships, fellowships and grants for all levels of post-
secondary study, across the full range of academic areas. Search by
region, area of study, name of program, or location in the U.S.
• * NAFSA: Association of International Educators
� NAFSA promotes the exchange of students and scholars to and from the
United States. The web site includes information on grants and
scholarships and links to other informational sites.
• * Social Science Research Council
� Supports fellowships and grant programs in the social sciences. The
Fellowship section of the web site provides access to information on
current funding opportunities and online applications. There is also a
useful guide to writing research grant proposals, The Art of Writing
Proposals: Some Candid Suggestions for Applicants to Social Science
Research Council Competitions, available in full text.
• * The SmartStudent Guide to Studying in the USA | eduPASS
� Provides a wide range of information, from admissions to
financial aid to passports and visas, for international students
planning to study in the U.S. Financial aid information is
provided through FastWeb, a scholarship search engine that
requires a free registration process.
• Fellowships | Social Science Research Council (SSRC)
� Supports international fellowships and grant programs in the
social sciences. Provides access to information on current
funding opportunities, online applications, guide to writing
research grant proposals.
• * Study Abroad Funding
� From IIE Passport, this resource allows searching by country
and subject to find study abroad funding information,
including scholarships, fellowships, and grants.
• * International Scholarships for Developing Countries
� Searchable by level of study, target group, subject, place of
study, and keyword.
* Adopted from Grandspace.org * Adopted from Grandspace.org * Adopted from Grandspace.org * Adopted from Grandspace.org
• Scholar Rescue Fund | Institute of International Education
� Provides fellowships for established scholars whose lives and work
are threatened in their home countries. One-year fellowships
support temporary academic positions at universities, colleges and
other higher learning institutions in safe locations anywhere in the
world, enabling them to pursue their academic work.
• Institute of International Education
� Includes information about international education and training
programs, including Fulbright scholarships.
• Scholarships for Students Regardless of Immigration Status [PDF]
� These scholarships do not require a social security number, legal
residency, or citizenship in order to apply. As a general rule, if an
application asks for your social security number and you do not have
one yet, leave that space blank but still fill out
• US College Search for International Students | Peterson's
� This scholarship search tool provided by the publishers of the
Peterson's Guides includes International Scholarship Search and
International Graduate Scholarship Search.
• Hubert H. Humphrey Fellowship Program | Institute of
International Education
� This program places mid-career professionals at select
U.S. universities for professional enrichment and
training. This page lists eligible countries and fields,
application procedures, and selection criteria.
Administered by the Institute of International Education
(IIE) for the U.S. Department of State.
• International Scholarships
� Has a searchable database of grants, scholarships, and
loans for students wishing to study abroad. It can be
searched by field of study, location of study, award type,
and keywords.
• International Students | Study in the USA
� Study in the USA provides international students with
information about hundreds of colleges, universities and
English-language programs in the United States.
• Mobility International USA (MIUSA)
� MIUSA is a cross-disability service organization that
provides information on international exchange and
international development programs. It runs the <
http://www.miusa.org/ncde> National Clearinghouse on
Disability and Exchange, which features a funding
database that includes fellowships and financial aid for
non-U.S. citizens and residents.
� Work Study
� Curriculum Practical Training (CPT)
� Optional Practical Training (OPT)
• Stafford Loan
• Perkins Loan
• PLUS Loan
Which of these are available to an international student?
� How can international students apply?
� How much can they borrow?
� Is a co-signer needed, what are the requirements?
� How long does initial approval take?
� Interest Rate
� Repayment Period
� Income upon graduation
� Have they maxed out their “free money”?
� The depth and the extent of your involvement in this process depends in your personal and professional circumstances
� Develop your own handy guide(s) that will help students make a sound and realistic financial decision
� Develop a list of resources (on and off campus) that may open different aid outlet option for your student
� Proactively seek to influence the international student scholarship process and distribution
Bryanna Lindblomblindblom@internationalstudentloan.com
International Student Loan
224 First Street
Neptune Beach, FL 32266
Toll Free USA (888) 247-1387 ext 115
Direct +1 (904) 247-1387 ext 115
Nassef Girgisnassef.girgis@unlv.edu
University of Nevada, Las Vegas
4505 S. Maryland Parkway, Box 1035
Las Vegas, NV 89154
(702) 895-0464
Any Questions?