If you are an international student planning for higher education in USA, here is news for you guys.
8 out of 10 students will not get Financial Aid from US College or University.
I know what you are thinking now. This might sound and feel like a big blow to your face. But, that’s the fact.
Remember, last week we had a debate about HSB no painting rosy picture about US.
Go, read the following post about some of harsh realities about higher education in USA
- Don’t Discourage Students, I’m Really Hurt
- Life on Probation in USA – Lost Weight, Hair and Feeling Helpless
Now, going back to the topic – 80% of Foreign Students will not get funding from Universities/Colleges.
Do I have proof to back the above statement?
80% – No Aid from Colleges
Did you read the yesterday’s post about Record Number of Foreign Students in USA, But Why?
Same report included International Students: Primary Source of Funding (Table below)
|INTERNATIONAL STUDENTS BY PRIMARY SOURCE OF FUNDING, 2009/10 – 2010/11|
|Primary Source of Funding||2009/10|
% of Total
% of Total
|Personal and Family Funds||427,567||61.9||458,667||63.4||7.2|
|U.S. College or University||166,369||24.1||165,544||22.9||-0.6|
|U.S. Private Sponsor||6,685||1.0||5,827||0.8||-12.9|
|Foreign Private Sponsor||9,458||1.4||7,063||1.0||-25.4|
Above Table is reproduced as is from Open Doors.
Look at the sections highlighted in RED.
- Personal and Family Funds – 63.4%
- US College or University – 22.9%
I’m ignoring other sources of funding. Majority of the readers of this article are from India and other sources of funding will not largely apply to Indian students. Only few students will fall under that category.
Reality vs Funding?
Prospective student will have several factors while selecting universities in USA. One of top 3 questions will be about Financial Aid and Scholarship availability in the university.
Above table gives you the answer. Universities and Colleges are funding only 22.9% of Foreign students.
Some universities might have more funding compared to others, but overall only 22.9% students get funding.
What do you think about this data.
- Did you know, such data existed before?
- Will your approach and outlook towards US education be any different?
- Are you going to think like an optimist “I will be one of the 22.9% ?”.