List of Colleges in USA Offering Financial Aid for International Students 2024

Every year, numerous Indian students plan to pursue their education abroad. However, before applying for any study abroad admission, students search for the best universities abroad with low fees. The cost of studying abroad is a major concern for international students.

US is one of the most popular study-abroad destinations for international students. Top universities in US, its diverse range of educational courses, and the quality of education are the major attractions for Indian students. However, the higher cost of education is one of the main obstacles for Indian students.

This Story also Contains

1. Universities in USA That Offer Financial Aid to International Students
2. Why International Students Need Financial Aid in USA?
3. Type of Financial Aid for International Students in USA
4. Undergraduate Scholarships for International Students in USA
5. Masters Scholarships for International Students in USA
6. Financial Aid Scholarships in USA for International Students 2024
7. Universities in USA for International Students with Scholarship
8. How to Apply for Scholarships in USA?
9. Documents Required for US Scholarships

Indian students search for the list of universities in USA for international students with scholarships to reduce the burden of finances. Some of the top universities that offer scholarships to international students in USA are Harvard University, Stanford University, University of Pennsylvania, and more. Scholarships provided by US universities include Fulbright Scholarship, Yale University Scholarships, Boston University Presidential Scholarship, and more.

Numerous US universities provide scholarships for international students to help them pursue their studies abroad. However, it is important to thoroughly understand and research the tuition fees and cost of living in that particular university. According to the latest statistics, the overall cost of living in USA is 233.36% higher than living expenses in India. Hence, students must consider financial aid before applying for study in USA.

Financial aid for international students at US universities are mainly merit or need based. Universities offer scholarships, bursaries, grants, and loans to cover their cost of education. Students can also look for part-time jobs to cover their expenses in USA. This article provides an overview of some of the universities in USA for international students with scholarships, highlighting the types of aid available, how to apply, and more.

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Universities in USA That Offer Financial Aid to International Students

Many universities in USA offer scholarships to international students. These scholarships can be merit-based or based on the financial needs of students. Here is a list of universities that provide scholarships for international students.

Financial Aid for International Students is USA Universities

Why International Students Need Financial Aid in USA?

The USA is one of the most expensive countries for international students. The high cost of living and expensive tuition fees in USA are a major concern for Indian students.. The cost of living in USA is 233.3% higher than that of India, and hence, Indian students must have approximately Rs. 1,67,000 per month to cover living expenses in USA.

The average fees in USA is USD 10,000 - USD 38,000 for international students for UG courses. However, the average cost of tuition for master’s programme in USA ranges from USD 25,000 - USD 60,000. To study in USA, students who are low on budget or are seeking financial aid to cover their educational costs require scholarships, grants, bursaries, and loan.

Type of Financial Aid for International Students in USA

Many public and private universities in USA award students scholarships based on a variety of factors, including academic excellence, financial needs, and more. Financial aid for international students in the USA comes are provided in the forms of scholarships, grants, work-study programs, and loans. The different types of financial aid offered to international students in USA are listed below.

• Scholarships: These are merit-based aids awarded to students with exceptional academic achievements throughout their course. These aids do not need to be repaid.

• Grants: Grants are usually need-based financial aid awarded by the government, colleges, or private organisations. Students do not have to repay the amount of grants received by universities or organisations.

• Work-Study Programs: Candidates can look for part-time work opportunities in USA to earn money to cover their education expenses.

• Loans: Educational loans are borrowed money that one needs to repay along with the interest after completing their graduation.

Undergraduate Scholarships for International Students in USA

Numerous US universities offer undergraduate scholarships for international students. These scholarships are generally need-based and are awarded as per the financial requirements of the candidates. Students applying for undergraduate scholarships in USA must have a strong academic profile with original financial proof to apply for the scholarship. Some of the popular undergraduate scholarships for international students in USA are listed below.

• Fulbright Scholarship

• Yale University Scholarships

• American Association of University Women

• Boston University Presidential Scholarship

• Rotary International

• YouAreWelcomeHere scholarship

• Illinois Wesleyan University

Masters Scholarships for International Students in USA

The USA is one of the top study-abroad destinations for students seeking admission to master's programmes. However, the high cost of tuition is one of the obstacles for international students from applying to top US master’s colleges. Hence, US master's scholarships for international students are awarded by various universities. A few popular master's scholarships for international students in USA are listed below.

• Fulbright Scholarships USA

• ACI Foundation Scholarship

• Monbukagakusho Scholarship

• Aga Khan Scholarship

• YouAreWelcomeHere scholarship

• Onsi Sawiris Scholarship

• Presidential Scholarship

Financial Aid Scholarships in USA for International Students 2024

Universities in USA for International Students with Scholarship

There are several top public universities in USA that offer scholarships to international students. Public universities usually receive state funding, making them more affordable for students. Numerous private universities in USA also offer lucrative financial aid packages to attract talented international students. Some of the universities in USA for international students with scholarships are mentioned below.

Massachusetts Institute of Technology

The Massachusetts Institute of Technology also known as MIT is a private research university. Established in 1861, MIT is one of the top 100 universities in USA and the world. The acceptance rate of MIT for International students is around 4%. Massachusetts Institute of Technology’s GPA requirement is approximately 3.5 for international students.

Massachusetts Institute of Technology popular courses for Indian students include Engineering, Computer science, Mathematics, MBA, Management, and more. Massachusetts Institute of Technology tuition fees for Indian students are Rs 71,60,076 for undergraduate courses and Rs 25,81,121 for master’s programmes.

Massachusetts Institute of Technology Scholarships for international students: MIT provides only need-based scholarships to its students. However, international students are eligible for 100% scholarship at MIT, provided that they meet all the requirements set by the university.

Harvard University

Harvard is a private university established in 1636. The minimum GPA requirement for admission to Harvard University is 3.9. Harvard University acceptance rate is approximately 3.4% and has a student-faculty ratio of 7:1. Harvard University popular courses for Indian students include Economics, Business Administration and Management, Psychology, Neuroscience, Biotechnology, and Mathematics. Harvard University tuition fee for international students is approximately USD 54,000 for 2024.

Harvard University Scholarships for international students:

• David W. Lakamp AIA Scholarship

• Aga Khan Scholarship

• AFCEA Hawaii Scholarship

• Aker Scholarship

• CREW Network Scholarship

Stanford University

Stanford is a private university established in 1885. The minimum GPA requirement for admission to Stanford University is 3.9 or more. The university has a student-to-faculty ratio of 5:1. Stanford University popular courses for Indian students include chemistry, business administration, biology, law, finance, computer science, psychology, economics, engineering, arts, and humanities. Stanford University tuition fees for international students is USD 61,731 for undergraduate and graduate courses offered at the university.

Stanford University Scholarships for international students:

• Stanford Dhirubhai Ambani Scholarship

• AMA Medical Scholarship

• Knight Hennessy Scholarship

• Aga Khan Foundation International Scholarship Program

• JN Tata Endowment Scholarship

• Fulbright Scholarship

• KC Mahindra Trust Scholarship

University of Pennsylvania

The University of Pennsylvania is a private Ivy League university, established in 1740. It is one of the oldest universities in the US and is known for its programmes in the fields of medicine, law, business, education, engineering, and others. The University of Pennsylvania acceptance rate is approximately 6%, which shows that admissions are very competitive at the university. Applicants seeking admission to the University of Pennsylvania must have a minimum GPA requirement of 3.9 GPA or higher. The University of Pennsylvania tuition fees for Indian students are approximately Rs. 47,88,555 (USD 57,376).

University of Pennsylvania Scholarships for international students: Penn does not provide scholarships or grants based on academic or athletic merit. The University of Pennsylvania only provides need-based scholarships depending on the financial need of an individual.

Cornell University

Cornell University is a private Ivy League university established in 1865. Cornell University acceptance rate is 9% which shows that the university has a competitive admission process. The minimum GPA requirement at Cornell is approximately 3.9 or more. Cornell University popular courses for international students at Cornell University include Computer and Information Sciences, Engineering, Biological and Biomedical Sciences, Management, Marketing, Medicine, Social Sciences, and Architecture. The Cornell University tuition fee for Indian students ranges from Rs 17.32 lakhs to Rs 54.04 lakhs per academic year for undergraduate and postgraduate offered at the university.

Cornell University Scholarships for international students:

• K.C. Mahindra Scholarships For Post-Graduate Studies Abroad

• Narotam Sekhsaria’s Scholarships

• Education for Sustainable Energy Development (ESED)

• Jane M Klausman Women in Business Scholarship

• QS Scholarship For Academic Excellence

Princeton University

Princeton is a private university established in 1746. Princeton University acceptance rate is 4% which makes the university admission rate highly competitive. The minimum GPA requirement at Princeton is 3.9 on a scale of 4.0. The university has a student-to-faculty ratio of 5:1 and is one of the top universities in USA.

Princeton University popular courses for Indian students include Computer Science, Engineering, Mathematics, Physics, Nursing, Law, Geology, Law, Economics, and Psychology. Princeton University tuition fees for Indian students range from Rs 47,58,000 to Rs 49,49,000 per year for all undergraduate and master’s programmes offered at the university.

Princeton University Scholarships for international students:

• Wallace Memorial Fellowship in Engineering

• High Meadows Environmental Institute-Science, Technology, and Environmental Policy Fellowships (HMEI-STEP)

• Charlotte Elizabeth Procter Fellowship

• Francis Robbins Upton Fellowship

• Gordon Wu Fellowship

Yale University

Yale University is a private university established in 1701. Yale University acceptance rate is approximately 4.5%, which shows that only a few students are granted admission to the university. The minimum GPA requirement for admission to Yale is more than 4. Yale University popular courses for Indian students include humanities, arts, social sciences, medicine, management, science, and engineering. The Yale University tuition fee for undergraduate courses is USD 64,700 (approx Rs. 54,03,032). The tuition fees may vary from undergraduate to postgraduate levels, and hence students must visit the official website for more information.

Yale University Scholarships for international students: The university does not provide merit-based scholarships to students, however, students at Yale often qualify for merit awards from other organisations. Yale University provide need-based scholarships to international students. Yale scholarships range between USD 50,000 to USD 70,000 per year.

Columbia University

Columbia is a private research university, established in 1754. Columbia University has an acceptance rate of 4% showing that it is not easy to get admission to Columbia. The minimum GPA requirement for admission to Columbia is 3.0 on a scale of 4.0. Columbia University popular courses include chemistry, business administration, design studies, law, finance, computer science, and psychology. Columbia University tuition fees for Indian students are approximately USD 65,000 (Rs. 54,11,939) per year.

Columbia University Scholarships for international students: The university does not offer merit scholarships for academics, athletics, or other talents. Columbia University only provides need-based scholarships to international students.

Dartmouth College

Dartmouth is a private university established in 1769. Dartmouth University acceptance rate is approximately 6% which shows that admission has high competition, and chances are less at the university. Applicants must have a minimum GPA of 4.1 or more to be considered for admission to the university. Dartmouth University popular courses for Indian students include Engineering, Science, Business, Sociology, Computer Science, and more. Dartmouth University tuition fee for international students is approximately USD 66,123.

Dartmouth College Scholarships for International Students:

• Dartmouth Endowed Scholarships

• Dartmouth Scholarships

• Students can also look for outside scholarships and grants.

University of Miami

The University of Miami is a private university established in 1925. The University of Miami acceptance rate is approximately 28%, which shows that only a few students are admitted to the university. The minimum GPA requirement for admission to the University of Miami is 2.75. Some of the popular courses for Indian students at the University of Miami include MS Biomedical Sciences, BBA Marketing, MS Biomedical Engineering, BS Software Engineering, and MA International Administration. The University of Miami tuition fee for international students is approximately USD 60,428 for undergraduate courses and nearly USD 50,841 for master’s programmes.

University of Miami Scholarships for International Students:

• Stamps Scholarship

• Isaac Bashevis Singer Scholarship

• Ronald A. Hammond Scholarship

• Marta S. and L. Austin Weeks Endowed Scholarship

• George W. Jenkins Scholarship

How to Apply for Scholarships in USA?

To apply for scholarships in USA, applicants must follow the steps mentioned below.

• Research and explore the universities that offer scholarships or financial aid to international students.

• Check if you meet the eligibility criteria, as it might vary based on the universities.

• Gather all documents including transcripts, standardised test scores (SAT, ACT, GMAT or GRE), English proficiency scores and more.

• Fill out the complete application form and apply before the scholarship deadline.

Documents Required for US Scholarships

Students must provide the following documents to complete the application procedure for US scholarships.

• Completed scholarship application form.

• Previous educational certificates

• Academic transcripts

• Passport

• Statement of purpose

• Valid ID

• Letter of recommendation

• Language proficiency such as (IELTS, TOEFL)

• Essay or Statement of Purpose

• Curriculum vitae

• Standardised test scores (SAT, ACT, GMAT or GRE)

• Proof of income and other financial documents

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