Financial Resources

American higher education is quite expensive compared to that of other countries. This is a fact that you, as international students, should be
aware of.

International students are required to submit proof of sufficient funds to cover educational expenses in the U.S. in order to obtain a SEVS I-20. Having obtained an I-20, signing it and either entering the U.S. or filing a change of status to F-1 you agree to have funds available for the duration of your studies. It is important, therefore, that you responsibly plan and manage your finances.

There are also scholarships and grants from various private institutions and special agencies that international students may be eligible to apply for. But these scholarships and grants will obviously not find you; you will have to find them.

Following are a few areas you can check:

  1. FIU Library
    You can find guides or handbooks on financial assistance, scholarships, or grants in the library’s Reference section. These guides would list different international organizations, American institutions, or even multinational corporations that may offer some form of financial assistance to international students.
  2. Your Academic Department
    Some scholarships, grants or assistantships may be available through your academic departments. Meet with your academic advisor to find out if there’s any in your major field. Scholarships may also be available from the professional industry however, such information may not always be publicized and information could be available through professors in the specific fields. Let your professors know that you’re looking for possible scholarships.
  3. External Organizations and Resources
    • The Foundation Center is a non-profit organization that has a listing of grants for which some individuals may qualify.
    • Institute of International Education (I.I.E.) may be able to provide information on scholarships, grants or programs for eligible international students.
    • Organization of American States (OAS) – If you are from Central or South America, OAS offers an interest free loan grant to eligible international students through the Leo Rowe Loan Fund. For more information on eligibility and application process, please contact RoweFund@oas.org.
    • College Board is a free online financial source for scholarships, grants, and loans for college-bound students, including international students wishing to study in the United States.
    • International Education Financial Aid is a free online scholarship resource for non-US citizens with disabilities.
    • Education USA is a free online searchable database of scholarships for international students.
    • International Student Loan requires a US citizen or permanent resident (Green Card holder) as a co-signer.
    • FinAid is a comprehensive Internet guide to financial aid. It contains sections pertaining to foreign students coming to the United States and U.S. students going abroad.
    • International Students Organization in America maintains a useful financial aid web page.
    • Margaret McNamara Memorial Fund – World Bank Volunteer Services, The World Bank, 1818 “H” St., NW, Room G-1000, Washington, DC 20433, Telephone: 202-473-8751, Fax: 202-676-0419 Eligibility: Women only
    • NAFSA: Association of International Educators maintains a useful financial aid web page.
    • Online Directory of Scholarships and Grants has useful financial aid information.
    • Organization of American States – Department of Fellowship and Training Program, Washington, DC 20006, Telephone: (202) 458-3900, Email: scholarships@oas.org.
    • PEO International Peace Scholarship Fund – Philanthropic and Educational Organization for Women, 3700 Grand Avenue, Des Moines, IA 50312, Telephone: 515-255-3153 Eligibility: Women only; full time candidates for the MA or Ph.D. at U.S. Universities
    • Peterson’s publishes a variety of books and directories.
    • The National Association of Financial Aid Administrators maintains a web page that lists financial resources for international students.
    • The National Science Foundation publishes a selected list of fellowships and other support opportunities for Advanced Education for United States Citizens and Foreign Nationals, 1993 edition (National Science Foundation). NSF 4201 Wilson Boulevard, Arlington, VA22230, Telephone: 703-306-1234.
    • United Nations – Fellowships Section, Office of Technical Cooperation of Development, United Nations, New York, 10017.
    • World Bank Graduate Scholarship Program – The World Bank, 1818 H St., NW, Room G-1000, Washington, DC 20433, Telephone: 202-473-6849 Eligibility: Women only. Candidates for MA or Ph.D. in development related fields.
    • Xerox Technical Minority Scholarship Program – Xerox Corporation, Corporate Employment and College Relations, Xerox Square-026, Rochester, NW 14644
    • Florida Linkage Institutes is a Tuition Assistance Resource for Florida International University’s International Students.