Top Schools Offering the Best Financial Aid for International Students
Are you an international student dreaming of pursuing higher education in prestigious institutions, but worried about the financial burden? Worry no more! We’ve compiled a list of schools that offer the best financial aid for international students, making your dreams more achievable. These schools are committed to ensuring that deserving candidates can access top-notch education without breaking the bank.
Schools With Best Financial Aid for International Students
Harvard University
At the top of our list is the renowned Harvard University. This Ivy League institution is known for offering generous financial aid to international students. In fact, Harvard’s financial aid policy is need-blind, meaning that your financial status will not affect your admission chances. According to their website, around 55% of Harvard students receive need-based financial aid, and the average annual grant for the 2020-2021 academic year was around $53,000.
Massachusetts Institute of Technology (MIT)
Another institution that takes pride in offering substantial financial aid to international students is MIT. Just like Harvard, MIT follows a need-blind admissions policy for both domestic and international students. In the 2020-2021 academic year, 90% of MIT undergraduates received financial aid. The average need-based scholarship was approximately $51,000 per year.
Yale University
Yale University also stands out in terms of providing financial aid to international students. With a need-blind admissions policy, Yale awards financial aid packages that cover 100% of demonstrated financial need. According to their website, 64% of Yale’s undergraduate students received financial aid during the 2020-2021 academic year. The average need-based scholarship was around $54,000.
Princeton University
Princeton University is another Ivy League institution that offers robust financial aid packages to international students. Their financial aid policy is need-blind, and they promise to meet 100% of the demonstrated financial need of every admitted student. In the 2020-2021 academic year, 61% of Princeton undergraduates received financial aid, with an average need-based scholarship of approximately $56,500.
Columbia University
Columbia University is dedicated to providing financial aid to international students based on their financial need. Although the institution does not have a need-blind admissions policy for international students, they still offer substantial financial aid packages. During the 2020-2021 academic year, the average need-based scholarship for Columbia undergraduates was around $52,000.
Stanford University
Stanford University offers need-based financial aid to international students, covering their demonstrated financial needs. While their admissions policy is not need-blind for international students, they still strive to support deserving candidates. In the 2020-2021 academic year, 47% of Stanford undergraduates received financial aid, with an average need-based scholarship of around $58,000.
Amherst College
Amherst College is a liberal arts institution that follows a need-blind admissions policy for both domestic and international students. The college is committed to meeting 100% of the demonstrated financial need for all admitted students. In the 2020-2021 academic year, 57% of Amherst students received financial aid, with the average need-based scholarship standing at approximately $58,500.
Dartmouth College
Dartmouth College offers financial aid to international students based on their financial need. While their admissions policy is not need-blind for international students, Dartmouth is still dedicated to providing substantial financial support. In the 2020-2021 academic year, 47% of Dartmouth undergraduates received financial aid, with an average need-based scholarship of around $53,000.
University of Chicago
The University of Chicago is known for its commitment to offering financial aid to international students, based on their financial needs. Although their admissions policy is not need-blind for international students, the university still provides substantial financial aid packages. During the 2020-2021 academic year, 57% of University of Chicago undergraduates received financial aid, with an average need-based scholarship of approximately $52,000.
Duke University
Duke University offers financial aid to international students based on their demonstrated financial need. While the admissions policy is not need-blind for international students, Duke remains committed to supporting deserving candidates with financial aid packages. In the 2020-2021 academic year, 49% of Duke undergraduates received financial aid, with an average need-based scholarship of around $54,000.
University of Pennsylvania
The University of Pennsylvania (Penn) provides financial aid to international students based on their financial need. Although Penn’s admissions policy is not need-blind for international students, they still offer generous financial aid packages. During the 2020-2021 academic year, 47% of Penn undergraduates received financial aid, with an average need-based scholarship of approximately $51,000.
Williams College
Williams College is a liberal arts institution that offers financial aid to international students based on their financial needs. While their admissions policy is not need-blind for international students, Williams is committed to providing substantial financial support. In the 2020-2021 academic year, 52% of Williams undergraduates received financial aid, with an average need-based scholarship of around $57,000.
Vanderbilt University
Vanderbilt University provides financial aid to international students based on their demonstrated financial needs. Although their admissions policy is not need-blind for international students, Vanderbilt still offers considerable financial aid packages. During the 2020-2021 academic year, 65% of Vanderbilt undergraduates received financial aid, with an average need-based scholarship of approximately $49,000.
Rice University
Rice University offers financial aid to international students based on their financial need. While their admissions policy is not need-blind for international students, Rice remains committed to providing significant financial support. In the 2020-2021 academic year, 41% of Rice undergraduates received financial aid, with an average need-based scholarship of around $50,000.
Washington and Lee University
Washington and Lee University, a liberal arts institution, provides financial aid to international students based on their demonstrated financial needs. Although their admissions policy is not need-blind for international students, they still offer substantial financial aid packages. During the 2020-2021 academic year, 41% of Washington and Lee undergraduates received financial aid, with an average need-based scholarship of approximately $48,000.
Remember that securing financial aid as an international student might require additional steps and documentation compared to domestic students. Make sure to research each school’s requirements and deadlines for financial aid applications. Keep in mind that financial aid packages can include a combination of grants, scholarships, work-study programs, and loans. By carefully assessing your financial needs and exploring the resources provided by these top schools, you can make an informed decision about where to pursue your higher education without sacrificing quality.
Conclusion
These 15 schools are just a sample of the many institutions that offer financial aid for international students. By thoroughly researching the financial aid opportunities available at your target schools, you can find a program that fits both your educational goals and budget. With hard work, dedication, and the right support, you can achieve your dreams of studying at a prestigious institution and gaining the skills you need to thrive in the global marketplace.