International Students: Starting And Owning A Business

International students in the United States on an F-1 visa are often interested in starting a business. While the F-1 visa is restrictive in terms of international students owning businesses, there are ways to navigate the complex process of starting a business as an international student. This includes starting a business as a limited partner, applying for Optional Practical Training (OPT), or changing from an F-1 to an E-2 visa.

Characteristics of an International Student

A student visa is required to study in the US

To study in the US as an international student, you must obtain a student visa. The US Department of State is responsible for the visa application process and issuing the visa. The US Department of Homeland Security is the responsible agency for entry into the country and enforcing international student regulations.

There are three types of student visas offered by the US government: F, J, and M. F visas are for full-time international students pursuing academic studies at an accredited college or university or to study English at an English language institute. M visas are for full-time international students pursuing vocational studies. J visas are for exchange programs, including high school and university study, and are for foreign nationals who have been approved to participate in work-and-study-based exchange programs.

F and M visas are nonimmigrant visas, meaning that the visa holder is admitted to the country temporarily for a specific purpose. Once the purpose has been fulfilled, the visa holder must either change their status or depart the country. F-1 students may not work off-campus during the first academic year but may accept on-campus employment under certain conditions. M-1 visa holders are not permitted to work during their studies.

To apply for a student visa, you must first be accepted by a US institution of higher education that is certified by the Student Exchange and Visitor Program (SEVP). You can then apply for a visa at a US embassy or consulate and pay the I-901 SEVIS fee. You may enter the US up to 30 days before your official program start date. Upon arrival, you must present all required documents to the CBP officer at a US port of entry.

Research schools and programs that suit your needs

Researching schools and programs that suit your needs as an international student is a crucial step in your journey towards studying abroad. This process can be extensive and exhausting, so it is important to be diligent and patient. Here are some key considerations to help you navigate the research process:

Understanding Your Options

Begin by exploring the range of schools and programs available to international students in your desired country. For instance, if you are considering studying in the US, you can utilize resources like the School Search page on the Study in the States website to find SEVP-certified institutions that can enroll international students. Similarly, if you are interested in studying in the UK, UCAS provides comprehensive information on various UK institutions and courses.

Matching Your Interests and Goals

Different schools and programs will offer unique opportunities and specializations. Consider your academic and career goals, and seek out institutions that align with your interests and aspirations. Whether you are passionate about engineering, business, law, philosophy, agriculture, web design, or any other field, look for schools that excel in those areas and can provide you with the necessary resources and support to achieve your goals.

Exploring Financial Options

Financing an international education can be challenging, so it is essential to research financial aid options and scholarships. Many countries and institutions offer scholarships, grants, or loans specifically for international students. For instance, in the US, you can explore the EducationUSA website for financial aid tools and resources. Similarly, if you are considering studying in the UK, UCAS provides information on scholarships and bursaries.

Understanding Admission Requirements

Different countries and institutions will have specific admission requirements for international students. Familiarize yourself with the necessary qualifications, language proficiency, and visa requirements for your desired schools and programs. For instance, in the US, international students typically need to obtain an F-1 or M-1 visa, which requires enrollment in a full-time academic program, proficiency in English, and sufficient funds for self-support during your studies.

Attending Open Days and Events

To gain a deeper understanding of your chosen schools and programs, consider attending open days, virtual tours, or events organized by the institutions. These provide valuable opportunities to explore the campus, meet staff and current students, and ask any questions you may have. This can help you make a more informed decision about whether a particular school or program is the right fit for you.

Remember, researching schools and programs is an important step towards achieving your international study goals. Take your time, be thorough, and don't hesitate to seek advice and support from relevant organizations and individuals.

International students can bring their families to the US

International students can bring their immediate family members to the US, but there are strict regulations to adhere to. The US government uses the term "nonimmigrant" to refer to foreign nationals admitted to the country temporarily. Once a nonimmigrant has fulfilled their purpose for entering the US, they must either change their status or leave the country.

International students can bring their spouses and children under the age of 21 to the US for the duration of their course of study. These family members are the only dependent relatives eligible for admission under the F-2 or M-2 nonimmigrant status. The F-2 visa is a derivative visa, meaning that the length of stay allowed will be the same as the student's. To apply for this visa, the student must show proof of their relationship with their dependents, for example, a marriage or birth certificate.

To obtain a visa for family members or dependents, the student's university must issue an I-20 form. The university will require documents such as a copy of the student's passport and additional financial statements showing how they can financially support their dependents. The US International Student and Scholar Services (ISSS) requires evidence of funding to the amount of $7000 per year for a spouse and $6000 per year per child. Although this is the minimum amount required, it is recommended that students do their research to find a realistic estimate of the funds needed to cover expenses.

The children of F-1 students (unmarried and under the age of 21) have the option of applying for F-2 visas as dependents. A spouse can attend school part-time but must obtain an I-539 form and gain their own F-1 or M-1 status to study full-time. If an international student wants to bring a parent, sibling, or child over the age of 21 to the US, these individuals must apply for a B-2 visitor visa. These visas allow family members to stay in the US for up to six months, and the student must provide documents to prove their relationship with their relatives.

Find financial aid and scholarship information

International students are not eligible for federal or state aid and typically use personal or other financial resources to cover their expenses. However, there are still several options for financial aid and scholarships for international students.

Scholarships

Scholarships are a popular option for international students. They are specifically designed to help fund education programs overseas and provide valuable cultural experiences and networking opportunities. There are several scholarship databases, both free and paid, that can be used to search for scholarships. Scholarships are awarded based on either need or merit. Need-based scholarships are awarded based on financial need, while merit-based scholarships are granted based on special skills, talents, or abilities. Many scholarships for undergraduate study are only available to US citizens and permanent residents, but there are still options for international students. Some universities may have scholarships based on TOEFL scores, academic records, or athletic ability.

Loans

International students can also take out private loans, although financial experts advise against taking on too much debt. International Student Loans can provide funding for the entire cost of education, minus any other aid received.

Work-Study Programs

Work-study programs allow students to earn their degrees while gaining valuable connections and experience within their future career fields. However, on-campus jobs typically do not pay enough to finance a university education, so they should be seen as a supplement to other funds. In the US, F-1 visa status allows for part-time, on-campus employment (fewer than 20 hours per week).

Institutional Aid

Some public and private universities offer financial incentives for students to attend their institution. Most of the institutional aid available to international students is reserved for graduate study in the form of assistantships and fellowships. US institutions rarely offer aid to undergraduate international students, so these scholarships are often very competitive.

Home Country Funding

Your home country could be a source of funding, either from organisations or companies from your home country or your government. For example, Saudi Arabia has a program that provides full scholarships to over 10,000 Saudi students studying in the USA. However, there may be stipulations involved, such as having to return to your home country after graduating.

The application process for US colleges is extensive

The application process for US colleges can be extensive and demanding for international students, who may be navigating an entirely different education system. It is important to start the process early and set a schedule to avoid being overwhelmed. Here is a step-by-step guide to help you get started:

Research and Planning:

Begin by researching the institutions and programs that align with your academic and professional goals. Consider factors such as the size of the school, academic offerings, location, campus life, and resources for international students. It is also crucial to look into the specific admission requirements, deadlines, and application processes for each school on your list.

Standardized Tests:

Many US colleges require standardized test scores, such as the SAT, ACT, TOEFL, or IELTS. These tests assess your college readiness, academic performance, and language abilities. Check the requirements of your chosen universities and prepare for these tests well in advance, as you may need to take them multiple times to achieve your desired score.

Transcript Evaluation:

International students often need to submit their school transcripts for evaluation by credential evaluators. This process involves translating and converting academic records from your home country into the US curriculum for review by admission counselors. Some universities may also require letters of recommendation to round out your application profile.

Application Forms and Essays:

You will need to fill out application forms, which may be available through the admissions office or online. These forms typically require supporting documents, including transcripts, test scores, and other relevant information. Additionally, you may be asked to write personal statements or essays, which provide an opportunity to showcase your unique qualities beyond academic performance.

Visa Application:

As an international student, you will need to navigate the student visa application process. The most common type of student visa is the F-1 visa, which is for non-immigrants intending to pursue a full academic program. You will need to demonstrate financial stability and meet the requirements for health insurance and immunizations. An interview with an embassy official will determine your visa eligibility, and starting the visa application process early is advisable to avoid unexpected delays.

Admissions Decisions and Next Steps:

After submitting your applications, you will receive responses from the universities. Once you have been accepted, there will be additional steps to complete, such as making decisions related to housing, orientation, and course selection. Remember to pay close attention to emails from the university, as they will guide you through the next steps in the process.

The application process for US colleges can be complex, but with careful planning, research, and timely execution, you can successfully navigate it and take a step closer to achieving your educational goals in the United States.

Frequently asked questions