Lana Oconnell
International students at Boston University are not eligible for need-based financial aid from the university, state, or federal government. However, international students may be eligible for merit-based scholarships offered by BU, which recognize academic, athletic, or artistic achievement. Additionally, private scholarship agencies and external organizations offer scholarships for international students. Furthermore, international students can acquire loans from U.S. lending organizations, although some require a creditworthy U.S. citizen or permanent resident as a co-borrower.
| Characteristics | Values |
|---|---|
| Need-based financial aid | Not available to international students |
| Merit-based scholarships | Available to international students |
| Loans from U.S. lending organizations | Available to international students with a credit-worthy U.S. citizen or permanent resident as a co-borrower |
| Prodigy Finance loans | Available to eligible international students enrolled in GSDM and SPH |
| Private scholarships | Available to international students through external sources and private scholarship agencies |
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What You'll Learn
- Boston University need-based scholarships are unavailable to international students
- BU merit-based scholarships are open to international students
- Private scholarship agencies offer scholarships for international students
- Prodigy Finance offers loans to eligible international students
- US lending organizations provide loans to international students
Boston University need-based scholarships are unavailable to international students
Boston University offers need-based scholarships to students who demonstrate financial need and academic merit. However, international students are currently ineligible for need-based financial aid from Boston University, the state, or the federal government. Need-based financial aid is reserved for US citizens and eligible non-citizens.
International students are, however, eligible for merit-based scholarships offered by BU, which recognise academic, athletic, or artistic achievement. These scholarships are awarded by the admissions office of each school or college, and students are advised to contact their school or college admissions office for more information on the application process and eligibility criteria.
There are also other options for funding an education at Boston University as an international student. Some private scholarship agencies offer scholarships for international students, although students must submit applications separately from their academic program applications. Prodigy Finance, for example, offers loans to eligible international students enrolled in GSDM and SPH. Additionally, international students may acquire loans from US lending organisations, although in some cases, a creditworthy US citizen or permanent resident co-borrower is required.
International students interested in employment while enrolled in a program can contact the Boston University International Student Service Office (ISSO) for more information on employment requirements and limitations.
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BU merit-based scholarships are open to international students
Boston University offers a wide variety of merit-based scholarships, some covering full tuition. These scholarships are open to international students and are awarded based on academic, athletic, or artistic achievement, regardless of financial need.
Recipients of merit-based scholarships are determined by the admissions office of each school or college. To apply, students must contact their school or college's admissions office for application processes and eligibility.
International students are not eligible for need-based financial aid from BU, which is only available to US citizens or permanent residents. However, international students at Boston University can apply for loans from private lenders, such as Prodigy Finance, or search for scholarships offered by private scholarship agencies.
It is important to note that international students applying for admission to Boston University must present evidence of sufficient funds to cover all tuition, fees, books, and living expenses for their studies.
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Private scholarship agencies offer scholarships for international students
Boston University (BU) offers a range of scholarships and financial aid opportunities for students. However, need-based financial aid from BU is currently not available to international students. International students seeking financial assistance must look beyond BU for scholarships, grants, and loans.
Private scholarship agencies
External scholarships
International students at BU can also explore external scholarships, fellowships, and grants offered by organisations like foundations, trusts, and corporates. For example, the Education Future International Scholarship - USA & Non-USA 2025 is a partial funding scholarship open to Indian nationals for all courses except medicine. Similarly, the Higher Education Scholarship Test for Indian Students HEST 2025 is another partial funding scholarship offered by the Ministry of Electronics and Information Technology, India, for all courses except Medicine/MBBS.
Loans
International students enrolled in BU's GSDM and SPH programs are eligible for loans from Prodigy Finance. BU also encourages students to explore credit-based loan options beyond the listed lenders. Additionally, international students with access to U.S. federal student loans due to their citizenship status should consider these loans, as they offer favourable terms.
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Prodigy Finance offers loans to eligible international students
International students at Boston University (BU) have limited options when it comes to financial aid. While BU's need-based scholarships are not available to international students, they may be eligible for select merit scholarships offered by BU. These merit-based scholarships are awarded by the admissions office of each school or college and recognise academic, athletic, or artistic achievement.
International students at BU can also explore private scholarship agencies and external lenders, such as Prodigy Finance, for financial assistance.
Prodigy Finance's loan application process is entirely online, and students can apply from anywhere in the world with a secure internet connection. Applicants are required to fill in their personal, residential, academic, financial, and budgeting details, along with information related to their course. Upon successful submission, applicants receive a personalised provisional offer in 15 minutes.
The interest rate offered by Prodigy Finance is personalised and based on factors such as credit history and potential earnings post-graduation. The company claims that its loan offers are typically higher than those provided by local banks. There is no cost to apply, and applicants are not obligated to accept any offers.
Once the funding is allocated, borrowers are required to pay a USD 500 processing fee to finalise the loan. Prodigy Finance assists borrowers throughout their educational journey, providing support and guidance as needed.
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US lending organizations provide loans to international students
International students at Boston University are not eligible for need-based financial aid from the university. However, they may be eligible for merit-based scholarships offered by BU, which recognise academic, athletic, or artistic achievement.
In terms of US lending organisations providing loans to international students, there are a few options. Firstly, international students can consider private lenders that specialise in student loans for international students. These lenders often require a creditworthy co-signer who is a US citizen or permanent resident. Examples of such lenders include Earnest Private Student Loans, Citizens Bank, and SoFi.
Additionally, some organisations, such as the Fulbright Foreign Student Program and the Open Society Foundations, offer student aid for non-citizens studying in the United States. International students can also explore private scholarship agencies that offer scholarships specifically for international students.
It is important to note that international students must demonstrate sufficient funds to cover all tuition, fees, books, and living expenses when applying for admission to Boston University. They can use resources like Boston University's online financial wellness platform, Kindros, to make informed financial decisions.
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Frequently asked questions
No, international students are not eligible for need-based financial aid from Boston University, the state, or the federal government. Need-based financial aid is only available to U.S. citizens and eligible non-citizens.
Yes, international students may be eligible for select merit scholarships offered by BU. These scholarships are awarded based on academic, athletic, or artistic achievement, regardless of financial need.
Yes, international students can acquire loans from U.S. lending organizations and private lenders. However, most lenders require a creditworthy U.S. citizen or permanent resident co-signer. It is important to carefully compare loan information and terms to determine the best option.
Yes, there are external scholarships and grants available for international students. For example, the P.E.O. International Peace Scholarship Fund offers scholarships to female international students studying in the U.S. Additionally, the International Institute of Education (IIE) highlights fellowships, grants, and scholarships such as Fulbright awards.
