Home Student & Career Tips How to Afford a U.S. College as an International Student – 2023

How to Afford a U.S. College as an International Student – 2023


This article contains information on how to afford a U.S. college as an international student in the year 2023.

How to Afford a U.S. College as an International Student - 2023
Get insight on how you can afford a U.S College as an International student in 2023


College isn’t cheap for anyone these days; it can be hard to find the money to attend, no matter where you’re from. When you’re an international student hoping to attend a U.S. college, coming up with funding is even harder.

Many student loan lenders won’t issue student loans to students from other countries. With more than one million international students [2] in the U.S., it’s a problem many students are trying to get around. Even though affording college can be tough for international students, they still have some options.

The Difficulties of Securing Financial Aid as an International Student

When U.S. citizens want to attend college, they’re encouraged to fill out the Free Application for Federal Student Aid form. This form can line them up with grants and other money that can make college more financially feasible for them. International students aren’t eligible to receive money from this source.

Also, many international students don’t have enough time to secure money for college. Ideally, you should begin searching for financial aid up to two years before you plan to attend college.

To land financial aid, international students should look for scholarships at their university, through private companies, or through non-profit organizations. Students should search online for any other scholarships they aren’t aware of. It’s also possible to get a private student loan, especially if the student has a co-signer who lives in the U.S [3]. But it is more difficult to find companies willing to lend money to international students.

Students can also ask their university about work-study opportunities, or they can consider going to a community college for two years before transferring to a four-year college. That can save thousands of dollars.

Top 5 Colleges Offering Financial Aid to International Students

While it can be difficult to find colleges that give financial assistance to international students, there are some clear-cut winners in that department. Here are the top five [1].

1. Georgetown University
  • Location: DC
  • The average amount of aid was $69,406
  • Number of students awarded aid: 29
2.  Skidmore College
  • Location: NY
  • The average amount of aid: $67,085
  • Number of students awarded aid: 86
3.  Duke University
  • Location: NC
  • The average amount of aid was $66,754
  • Number of students awarded aid: 213
4.  Amherst College
  • Location: MA
  • The average amount of aid was $66,093
  • Number of students awarded aid: 135
5.  Williams College
  • Location: MA
  • The average amount of aid was $66,066
  • Number of students awarded aid: 94

Alternative Financing Options

If you are unable to find enough grants to make college affordable, you shouldn’t give up, although the odds may seem stacked against you. Here are other alternatives to consider in order to be able to afford a I.S college as an international student:

Student Loans

As mentioned earlier, many private U.S. lenders won’t lend to international students. But there are a few who do, including:

  • Citizens Bank: With a minimum APR of 2.90 percent and a maximum loan of $150,000, you’ll need a co-signer for this loan. Your co-signer needs to have a good credit history and be a U.S. citizen or permanent resident.
  • Discover: This loan can amount to 100 percent of your school-certified costs and has a variable APR of 2.80 percent. Once again, you must have a U.S. co-signer who has good credit.
  • Prodigy Finance: You’ll pay a little more for this loan; it has a minimum APR of 5 percent. You won’t need a co-signer with this option, and they don’t list a maximum loan amount. Prodigy will determine whether you’re acceptable after you fill out some information that allows them to determine your risk.


If you’re an international student hoping to land some scholarship money, here are three options:

  • Joint Japan-World Bank Graduate Scholarship Program: This scholarship is open to students from developing countries who are seeking a graduate-level degree in the U.S. Scholarship amounts vary.
  • American Association of University Women International Fellowships for Women: These scholarships for women are open to international students in full-time study or research programs in the U.S. The amounts range from $18,000 to $20,000.
  • The Aga Khan Foundation International Scholarship Program: This scholarship helps international students with living expenses and tuition at an accredited U.S. college. Applications are only accepted from eligible nationals who live in a country where Aga Khan offices are established. The scholarships are based on academics and financial need.

Bottom Line

International students who want to pursue their education in the U.S. do have options for finding financial resources. It’s important they do their research and work ahead of time so they can find the best solutions based on their situation. With the information contained here, we hope you are able to make informed decision on how you can afford.


[1] Brown, M. (2019, December 16). Colleges giving international students the most (and least) financial aid. LendEDU. https://lendedu.com/blog/international-students-financial-aid-study

[2] Number of international students in the United States hits all-time high. (2019, November 19). IIE – The Power of International Education; IIE – Institute of International Education. https://www.iie.org/Why-IIE/Announcements/2019/11/Number-of-International-Students-in-the-United-States-Hits-All-Time-High

[3] Rebecca Lake, C. (2021, January 4). Student loans for international students in 2023. LendEDU. https://lendedu.com/blog/student-loans-for-international-students

Read Also:

  1. List of Courses that Prepares you for Self Employment
  2. Best Approach in Looking for a Job
  3. 12 Benefits of Online Writing
  4. How to easily Get into Medicine with a Low Grade
  5. The Pros and Cons of Homeschooling
  6. Online Jobs That Pay Through Mpesa
  7. Everything you need to Know about Educational System in South Africa
  8. 5 Alternative Careers for Librarians
  9. How to Write an Essay for College Admission
  10. Ways to Make Money Fast As a Student or Graduate
  11. Top Music Schools in South Africa
  12. How to Write an Application Letter for a Job
  13. Easy Steps on How To Use Google Classroom
  14. Ways to Write a Good University Admission Essay
  15. How To Fit Into School Routine After A Long Break
  16. Famous Hollywood Actors With No Acting Degree
  17. Top 10 Cheapest Universities in the UK
  18. How To Apply For Student Loan In Europe
  19. 20 Ways to Save Money on Holidays
  20. Factors To Consider When Choosing A University
  21. Total Students Living Cost in the UK
  22. Ways of Raising Capital for a Startup Business
  23. Top 14 Work from Home Paying Jobs
  24. Top 10 Richest Men that Dropped out of College
  25. Top 10 Careers You can Get Into Without Any Degree
  26. The Pros and Cons of Online Courses
  27. List Of Medical Schools in France
  28. How to Write a Successful Scholarship Application
  29. How to Survive an Unpaid Internship
  30. How to Work from Home Without Stress
  31. Best Alternatives To University or College.
  32. Top 10 Cheapest Universities in India
  33. Top 10 Affordable Universities in the United States
  34. How To Get the University Experience as a Distance Learning Student
  35. How To Access Student Loans in the UK
  36. Best Fashion Schools in the World
  37. Top 10 Cheapest Universities in China
  38. How to Get a Canadian Student Visa
  39. Top 10 Film Schools in the World
  40. Top 10 Cheapest Universities In Europe
  41. How to Write a Cover Letter for Scholarship
  42. Top 10 Reasons to Study in the UK
  43. Top 10 Best Business Schools in the World
  44. Total Cost of Applying PR in Canada Express entry
  45. Top 10 Lucrative and Marketable Courses to Study
Don’t miss out on current updates, kindly like us on Facebook & follow us on  OR leave a comment below for further inquiries.


Please enter your comment!
Please enter your name here