Did you receive a scholarship from a US college or university? Consider yourself fortunate; everyone loves free money! For many college students and their families, education loans are part of the paying strategy. Loans are not free money. If you are an international student and regular reader of our blog, you already know that there are certain types of financial assistance that you will not be eligible for if you decide to pursue a US degree.
What about loans? Can they be part of your paying strategy if you don’t receive enough in scholarships or haven’t saved enough to cover your education? Given the reality that student loans are a big part of how families are covering college costs today, we wanted to explore the options available to international students.