Financial Aid for grad school abroad

Please note that this information is relevant to US citizens only!

Having been through college (for undergrad) you would be fairly familiar with the process of applying for aid. It is one of the biggest investments you will make so do as much research as you can before taking the plunge. Even if you weren’t eligible for financial aid when you did your undergrad and still don't think you will be eligible for aid, our advice would be for you to submit the free FAFSA application anyway.

The outcome will be a great starting point for you to assess your financial commitment and if need be look at other sources of scholarships and funding for grad school abroad. Remember if you don’t ask, you don’t get. So apply for everything!

Whilst applying for aid to study at a foreign school is pretty much the same, the process is not void of a few variants. Nevertheless an entirely possible option. That’s the good news! The KEY is for these universities to have Title IV status and hence will have a FAFSA School Code.

You can search for a particular school’s FAFSA code via
http://www.fafsa.ed.gov/FOTWWebApp/FSLookupServlet

However if your school is not listed here, it is best to ask the financial aid officer/office at the college and then go from there. It is imperative that you determine if you would be able to receive financial aid prior to you accepting a place at the institution.

Applying for financial aid is very much the same as you would apply to a local school. Use as gudance the steps below (from www.studentaid.gov) .

  1. Fill out the FAFSA form available at at fafsa.gov as early in the process as you can. There are additional steps on the www.stduentaid.gov site if you need any instructions of filing the FAFSA Learn how to fill out the FAFSA.
  2. If the school that you are attending is eligible for FASA, then they can access your FAFSA information electronically. When you complete the FAFSA, list the school you plan to attend in the question about Federal School Codes. Once it’s listed on your FAFSA form, your university will then download your data.
  3. Now get in touch with the financial aid soffice of the school you are wanting to attend. Different schools will proceed differently at this stage so sk your school how you will get your loan money—what paperwork do you need to fill out, what are the deadlines, etc. Keep track of everything that is required of you.
  4. This is important. make sure yuo keep copies of ALL documents and make sure you keep to DEADLINES.
  5. Go to www.studentaid.gov for further info.

 

Other pointers:

 

FAFSA http://www.fafsa.ed.gov/

STUDENTAID.GOV STUDENTAID.GOV

FinAID  http://www.finaid.org/

Ed.gov http://www.ed.gov/finaid/landing.jhtml?src=ln

Financial Aid Guide by student aid: Guide

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