Is financial aid eligible for international students?

International students can’t apply for federal student aid, but U.S. universities may use other forms to determine financial need. U.S. students fill out the FAFSA to apply for financial aid from U.S. federal and state governments, and the form is used by schools to determine need-based awards.

Can you get a loan for boarding school?

Some schools, banks, and other lending agencies offer tuition loans. They are credit-based loans, which means they require credit checks, and must be repaid with interest over a predetermined period of time. For more details, contact the financial aid office at the school where you are applying.

How do private schools determine financial aid?

To determine how much financial aid each family should be granted, most private schools ask families to fill out applications and possibly submit tax forms. However, schools make their own decisions about the amount each family can pay for tuition, and they may adjust this estimate.

Are international students eligible for Pell Grants?

At the federal level, international students may be eligible for Pell Grants, FSEOG Grants, direct subsidized/unsubsidized student loans or Direct PLUS loans depending on their residency status. For example, Pell Grants don’t require repayment.

How much financial aid do you need for boarding school?

Grants generally go to students who have demonstrated a need for them, generally families making less than $150,000 a year. The amount of aid can vary greatly, from as little as $500 to the full ride. With the right amount of information, boarding school financial aid can be more generous than that offered at private colleges.

What is financial aid for private schools?

Financial aid is funding intended to help students cover the cost of attending private schools (tuition, board, fees, etc.). Aid does not have to be repayed (unlike loans). Generally, the endowment of a school correlates directly into the amount of financial aid that can be offered. Each year,…

What is financial aid and how does it work?

Financial aid is funding intended to help students cover the cost of attending private schools (tuition, board, fees, etc.). Aid does not have to be repaid (unlike loans). Generally, the endowment of a school correlates directly into the amount of financial aid that can be offered.

Is boarding school right for my child?

The boarding school experience provides children with an opportunity like none other: they gain independence, receive world-class educations, and learn the essential tools to building and leading a community. Going to boarding school can be a life-changing decision, and should be viewed as an investment.