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SOURCES OF FUNDING FOR UNDERGRADUATE STUDENTS
The terms "financial aid" and
"scholarship" are generally used interchangeably, but in most
cases "financial aid" refers to need-based aid (aid which is
based on need) and "scholarships" refer to merit-based aid (aid
based on academic achievement). Both types of aid are extremely
competitive and require high academic standards and performance. Please
note that "financial aid" is generally geared towards American
students and international students should be looking more at
"scholarships," but this is not true for all universities.
Below are the main types of financial
assistance available for international students who want to study in the
United States.
Cyprus
Fulbright Commission: The Cyprus Fulbright Commission has an
undergraduate scholarship program. Please have a look at our "Grants
for Cypriots" section at http://www.fulbright.org.cy/Scholarship
Programs.htm
Funding
from Colleges: Many colleges and universities offer financial
aid/scholarships to international students, but do not assume that they
all do or that this is easy. Approximately 8% of international students
receive funding from U.S. institutions.
Please see our Useful
Financial Aid Links section to research schools with financial
aid/scholarships for international students.
Sports
Scholarships: Many U.S. universities offer sports scholarships
which may cover all or part of tuition and living costs to talented
athletes. Sports scholarships are offered in a variety of sports but
athletic talent is not the only factor taken into consideration for such a
scholarship. Students must also meet normal entrance requirements to the
university.
For more information on sports
scholarships, talk to a counselor at the Cyprus Fulbright Commission. Also
have a look at our Useful
Financial Aid Links under "Sports Scholarships."

International Awards: Financial aid from foundations, organizations,
and the U.S. government may exist but this form of aid is generally very
limited and aimed at advanced graduate students.

Loans: You may be able to take out a loan but most loans require
an American co-signer or guarantor. Please visit the following website for
information on loans for international students: http://www.globalslc.com/
Employment:
International students can only work up to 20 hours per week on
campus. You should not expect to pay for any major expenses simply by
working on campus. A campus job may cover some of your personal and
living expenses.
To schedule an appointment with an
educational adviser, please email us.
To be eligible to make an appointment to see an adviser you must first attend a
free weekly Information
Session.
(Information taken from "If You
Want to Study in the United States-Undergraduate Study. Published by
the Bureau of Educational and Cultural Affairs, U.S. Department of State)
Disclaimer:
The links on
this page are provided as a service to prospective students.
The Cyprus Fulbright Commission does not endorse any of these sites and
cannot be responsible for the information provided therein.
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