In August 2015, the US federal court ruled against the validity of the US Department of Homeland Security’s (DHS) 2008 regulation update for the Optional Practical Training (OPT) program. However, the court gave the DHS until February 10, 2016, to begin the implementation of necessary changes. In January 2016, the court extended the date for…
Recently, many people around the world have been celebrating and appreciating the drop in oil prices. For many, their day-to-day consists of filling a car full of gasoline, which until recently was proving to be quite expensive. Although lower gas prices benefit the general public, it is having some very negative consequences on the Nigerian…
Tax season has already begun and many international students are not aware that they must file a US tax return as well – even if they’ve never earned any money in the US. All students must file their US taxes on or before April 18, 2016. For most international students, this process will be easy…
The 2016 tax season officially opened on January 19. No one looks forward to doing their taxes, but with the new American Opportunity Tax Credit (AOTC) it might be worth taking some time to file. This tax credit was first available in 2009; and, in 2012 was extended to continue until 2017. So you may…
Most of you have started or will be starting a new semester. At the start of each new semester, is when students find themselves spending the most money. On what, you ask? A new course load means new classes and new classes mean lots of new books. It´s that time of the year where you…
Now that many of you have experienced your first semester, or first few quarters, as an international student you probably have already established your routine. Although we all try our hardest to manage our finances, it is an ongoing process and there is always room for improvement. Now that you have figured out what works…
On November 16th, the Institute of International Education published its 2015 Open Doors Report. The Open Doors Report is sponsored by the Bureau of Educational and Cultural Affairs at the U.S. Department of State and provides an in-depth look into the changing trends of international students who study in the U.S. and of American students…
As globalization continues, so does the opportunities for international and cultural exchange. In the past month of October, The Institute of International Education participated in a historical event which allowed representatives from 12 U.S. universities to travel to Cuba to learn more about its higher education system and to explore what opportunities may exist for…
On October 1st, the Institute of International Education (IIE) announced that more than 600 partners have committed to the Generation Study Abroad Initiative and have pledged a total of $185 million. Established by the Institute of International Education in 2014, Generation Study Abroad is a five-year initiative whose goal is to double the number of U.S….
Once you have arrived to the US and begin settling into your new college environment, you may start to notice that most people do not carry around much cash. Almost everywhere, including parking meters, allow for the option of paying with a debit or credit card. For those international students who plan on staying a…