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Finances

Many students make the mistake of applying for admission first and then considering how to fund their studies. Do not be one of them. To avoid the disappointment of gaining admission but not having sufficient funding to take up your place, consider funding as you choose a university and explore funding options as you complete your applications in the autumn / winter.

 

Sources of Funding:

Generally speaking, there are four types of funding for study in the US:

  1. Personal / family savings
  2. Loans from a US or UK lender
  3. Scholarships from US universities
  4. Sholarships from external funding bodies
  5. Sports scholarships

As the cost of higher education increases in both the US and UK, it is important for parents and students to know what costs to expect and to develop a plan to cover these. Finding funding for undergraduate study in the US is a challenge for both American and international students alike.

The good news is that scholarships are available. However, the key is starting early; choosing universities appropriately and putting in the necessary time and effort to seek out and apply for scholarships. Keep in mind you will need to demonstrate access to funding for the first year of study in order to apply for a visa.

 

For More Information:

For additional information, you may also wish to sign-up for our monthly e-alerts by registering with the website and selecting that you would like to hear from Fulbright. E-alerts include a list of scholarship opportunities for UK and international students we are aware of.  You may also wish to download our handout on scholarships for undergraduate study.