Thursday May 26 2016 by CSI counselor

Financial Aid

Scholarships for European member state students are usually possible for Ireland and Great Britain (this is written before the BREXIT vote...)only if one’s principal university of study is in France and it takes part in an inter-university cooperation program through Socrates. So those wishing to get their degree abroad are ruled out. Students interested in this formula should NOT apply abroad, but should choose a program in France where one year abroad is allowed.

However, loans to pay UK fees (but not living expenses) are available to all EU students. In the UK fees are around £9000 a year except for Scotland. However EU citizen students will still be able to borrow this money entirely at under (currently about 4%) monthly compounded interest rate and only pay it back after graduation and after they are earning at least £25,000 a year. Nevertheless this means paying back quite a lot more than one borrowed (by the end of three years of school this can amount to about 260 Euros a month ADDED to the amount owed and of course it will vary if the interest rate changes. See their student finance site. to know more about how and when to ask for these loans.

It is more difficult to get help with OTHER living costs.

On site accommodation is virtually guaranteed if you’re offered a spot. If you go Dfes 02 on fee codes, you may pay less. ½ pay full fees, and 1/3 don’t pay. In the same way, regional scholarships are also available for courses of study from 4 to 9 months in length, (but not for exclusively linguistic studies) if you are enrolled in an institution of higher learning in Rhone Alpes. These are not limited to Europe, and for certain foreign destinations like Canada they are possible.

For other scholarships and loans see individual countries below. There is really very little help, quite frankly, unless you are a citizen of the foreign country you intend to study in, in which case there are many possibilities. Also, if you wish to study in Quebec as a French citizen, tuition is the same as for the citizens of Quebec, and for the U.S. if you are a good athlete or a good student, looking for a U.S. scholarship or loans is also possible. Please contact each university you're interested in after verifying if they have a competitive team in your sport or not.

Sometimes you can also find a company sponsor willing to finance your studies in exchange for a commitment to work for it afterwards. To explore this possibility for Britain, contact http://www.springboard.co.uk or write Department for Education and Employment, Darlington, Student Support Division, Mowden Hall, Staindrop Road, Darlington, County Durham, DL3 9BG. Elsewhere, contact companies directly.

Many internet sites help with finances, as do banks, but counselors  cannot be much help because it is so dependent on your financial situation, the country you pick and what you plan to do after you study there.

See also http://www.kaptest.com/college to look for U.S. scholarships and how to apply or write to Kaplan, Inc., 1440 Broadway, New York, NY 10018.

Our counselors will NOT delve into finance with you.  It takes far too much time.