Choosing a Bank in the US
June 26th, 2013 by Jonathan Frankel

standing in line at a bank AA000086Though everyday purchases like groceries and gasoline are still accessible to cash-carrying consumer, nowadays there are many things which cannot even be paid for in cash. As a result, a bank account which allows consumers to pay for services like electricity, rent, and tuition with a check or check card is becoming increasingly necessary for domestic and international students alike.

While many students, regardless of their background, have already faced this problem by the time they start college, the same solutions that international students used in their home country may not work in the US. As a result, international students should plan to set up a bank account soon after they arrive in the US. Read the rest of this entry »

How to Receive Financial Aid to Study in the US
June 19th, 2013 by Jennifer Frankel

flags144292317For many international students, getting enough money to study in the U.S. is no easy task. The U.S. government doesn’t provide much in the way of financial aid for international students so students typically have to turn elsewhere for help. While it may seem impossible, we’re here to tell you that it can be done.

You’ll have to be dedicated, it will require hard work, and you will need to be committed to your end goal. You will need to ask your country’s government for help, find out about work/study programs, research international organizations that provide financial help and then use international student loans to cover the rest. Read the rest of this entry »

Opening a US Bank Account
June 12th, 2013 by Jonathan Frankel

passport and money78364474With all of the unique sights, sounds, and tastes that life in America has to offer, as an international student studying in the United States you have a lot to look forward to during your time abroad. Unfortunately, along with the excitement comes a few mundane tasks that, though less thrilling, are nevertheless necessary in order to make your integration into American society as smooth as possible. Opening a US bank account falls squarely into this category but it is something you should do sooner rather than later.

Why? Opening a bank account allows you to pay for services by check, debit, or even credit card. This is crucial because, unlike other countries, relatively few major services – such as rent, tuition or even renting a car for that road trip you have been dreaming of – can be paid for with cash. As a result, you should plan to set up a bank account soon after you arrive in the US. Fortunately, with proper planning opening a bank account in the US can be as easy as 1-2-3. Read the rest of this entry »

How to Use the International Student Loan Comparison Tool
June 6th, 2013 by Jonathan Frankel

compare apples168680148Between the intimidating coursework you have to complete, the complicated campus layouts you have to learn, and the new culture you have to navigate, being an international student can be as hard as it is exciting. To make matters worse, between travel, tuition, and housing, the cost of studying overseas is higher than ever. Happily, however, in addition to personal wealth and scholarships, a number of international student loan options are available to help you cover the cost of your international studies. Even better, though not all lenders will work with all international students or their chosen schools, a new tool can help you discover which loans will work best for you in no time. Read the rest of this entry »