Financial aid is available in the form of scholarships, grants, and student loans. Each of these options can help you earn an advanced degree which, in turn, makes it possible for you to earn more money and qualify for the best positions in the international business field. Let’s take a look at the financial aid out there for international business students
Scholarships for International Business Students
Scholarships are a great source of money for school since they don’t have to be repaid after you graduate. You can earn scholarships through a number of sources, including your college, community organizations, national companies, and government departments. They’re made available to students who show academic promise, have special skills/talents, and otherwise show merit. At the graduate degree level, you can also find international business fellowships, which are similar to scholarships, but because they’re available for advanced students, they typically come associated with duties such as completing research projects or serving as a teaching assistant. Some of the scholarships and fellowships available specifically for international business students include those offered by the the following organizations:
- Zonta International
- Hawaii Community Foundation
- League of United Latin American Citizens
- Foundation for Global Scholars
Grants for International Business Students
Grants are similar to scholarships in many ways, but instead of being based on merit, grants are typically given to students who show financial need. As an undergraduate international business student, you can apply for the Federal Pell Grant, and although this money isn’t available for master’s degree students, there are a number of grants that are available, based on your specific program of study. Start you search for grants with your college, since most school offer robust grant programs to ensure that the best and brightest students can attend their programs, regardless of ability to pay.
Student Loans for International Business Students
In addition to scholarships and loans, you can also apply for student loans to help you cover the cost of schooling. The disadvantage to student loans is that you have to repay this money, but most are available at relatively low interest rates and don’t have to be repaid until after you graduate. This gives you time to find a job before taking on extra bills.