This report explores the evolving challenges and opportunities in international student funding, focusing on the financial and systemic barriers faced by students from low-income and Global South countries. It delves into hidden costs, such as visa hurdles, employment restrictions, and escalating tuition fees, while examining innovative solutions like no-cosigner loans and private financing. The report also provides actionable recommendations for U.S. colleges, universities, policymakers, and private sectors to support a more inclusive and equitable financial ecosystem for international students. Key findings emphasize the need for diversifying funding options, improving visa processes, and expanding pathways for international students to thrive academically and professionally.
Authors
- Pages
- 14
- Published in
- United States of America
Table of Contents
- Introduction 3
- Understanding International Students Funding Challenges A Deeper Dive 4
- International students from Global South nations demonstrate both a high demand for an overseas education and a higher financial need. 4
- What Types of Financing and Funding Options Currently Exist 6
- A New Model for Funding How Can Loans Help Increase Access for International Students 8
- 85 of MPOWER students come from the 98 countries that are part of the Global South. 9
- 70 of students come from lower-to middle income households with an annual income of US12000 or less 48 are first generation students and 42 are women. 9
- Looking Ahead 10
- Conclusion 12
