How do you start the financial aid process as an international student?
Starting the financial aid process as an international student involves careful planning, research, and timely action. Here’s a step-by-step guide to help you get started:
1. Understand the Types of Financial Aid Available
As an international student, you're generally ineligible for U.S. federal aid (like FAFSA), but you may be eligible for:
Institutional aid: provided by the college itself
Merit-based scholarships
Need-based aid via the CSS Profile or ISFAA
Private scholarships
2. Prepare Your Financial Documents
Most colleges require documents that reflect your family’s financial situation.These usually include:
Bank statements
Salary certificates or income proof
Business income details if applicable
Currency conversion details
Tax returns if available
3. Complete Required Financial Aid Forms
Depending on the college, you may need to fill out one or more of the following:
CSS Profile: Required by many private colleges
ISFAA (International Student Financial Aid Application) : Used by some institutions as an alternative to the CSS
Institution-specific forms : Some colleges use their own aid applications
4. Apply early:
Deadlines for financial aid often coincide with application deadlines such as Early Decision, Regular Decision, Early Action, Rolling Admission, and Restrictive Early Action. Read more about them at College Success
5. Explore External Scholarships
Search for scholarships offered by international organizations or foundations. Websites like iefa or EducationUSA can be helpful
6. Communicate with Financial Aid Offices
If you have questions or special circumstances, reach out to the financial aid office at each school. They can offer guidance and sometimes flexibility.
