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Can a US student get a loan to study abroad?
Study Abroad Loans. Loans are available for US students studying abroad, and are becoming incredibly important in meeting the demand for international education. US students studying outside the US fall into two categories for student loans, Study Abroad Loans for short-term foreign study and Foreign Enrolled Loans for direct enrollment overseas.
How to pay for a semester abroad?
Paying for a semester abroad is similar to paying for school. If you get student loans at your home university, use it to pay for a semester abroad ?the credits have to transfer to your home university anyway. Like with any federal loan, simply apply through your school financial aid office.
How many US students study abroad for academic credit?
Study Abroad Loan Frequently Asked Questions 341,751 U.S. students studied abroad for academic credit last year according to the most recent study by The Institute of International Education, an increase of 2.7% over the previous year.
How can I get funding to study abroad?
You should speak to the university or college you檙e thinking of studying at to see if there is any funding you could get. Normally, students studying abroad for a year of their course would be entitled to a higher amount of Maintenance Loan to help with the costs of living overseas.