Student Loans for USA Studies?

Lacoudre

Hi
Does anyone have any experience or knowledge of how to/where to apply for loans to cover studies in the USA? Thanks in advance!

TrulyMadly

You just apply as normal through student finance. They also cover things like 3 return trips a year (you pay the first £300) medical insurance, cost of visas etc

The_One_Who

Lacoudre wrote: »

Hi
Does anyone have any experience or knowledge of how to/where to apply for loans to cover studies in the USA? Thanks in advance!

Is this for the full course, or just for a year abroad? If it is for the full course, there is no government funding available. You would need to try to get the university scholarships (if there are any available), or possibly look into work-study options.

If it was only for the year (probably the easiest and cheapest option) you would just apply as normal.

TrulyMadly wrote: »

You just apply as normal through student finance. They also cover things like 3 return trips a year (you pay the first £300) medical insurance, cost of visas etc

Only if it is for a year abroad, not for the full course.

Lacoudre

Thanks for the info; its for a 3-4 year period. We've potentially got some contribution via a schloarship however was wondering how to cost effectively fund the remaining fee. I don't think that the same student loan set up is available if you study abroad so think we'll have to "go to market" on the best value loan!

Voyager2002

Apart from university scholarships there are no schemes available for this. And there is no point, since standards at US universities are a good deal lower than at their counterparts in the UK (obviously Harvard is a lot better than somewhere like Northumbria, but the educational experience that Oxford offers is probably more desirable than Harvard).

The_One_Who

^ I don't really agree with saying "there's no point" in going abroad for education, it just requires a lot of research to make sure that that is what you want from it, and that the institutions there could actually provide it.

adelight

The_One_Who wrote: »

^ I don't really agree with saying "there's no point" in going abroad for education, it just requires a lot of research to make sure that that is what you want from it, and that the institutions there could actually provide it.

If it means an extra £50K in bank loans and isn't from an exceptional University then there really is no point going to the US for uni.

Why the US? If it's just because it's another country then why not Australia or Europe? The fees will be less than in the UK and the US.

Erm, back on topic, you need bank loans.

Person_one

Have you considered going to a UK university but spending a year in the US on an exchange? I did this and it means you get the experience without all the extra costs incurred, just your flights, as living costs are cheaper over there so your loan will stretch further!

To back up Voyager's point, the 'A+' grades I got on my American modules were all downgraded to 2:1s by my UK University, so there is a difference in standards unless you go to a top one or one that is world renowned for your particular subject.

The_One_Who

adelight wrote: »

If it means an extra £50K in bank loans and isn't from an exceptional University then there really is no point going to the US for uni.

Why the US? If it's just because it's another country then why not Australia or Europe? The fees will be less than in the UK and the US.

Erm, back on topic, you need bank loans.

Of course, and I'd usually say that people should look into courses in their own country first, and then only go abroad if they really want/need to. But to say there is no point in going abroad seems a bit far.

Voyager2002

The_One_Who wrote: »

^ I don't really agree with saying "there's no point" in going abroad for education, it just requires a lot of research to make sure that that is what you want from it, and that the institutions there could actually provide it.

I agree, there is a great deal of point in going abroad for an education. But it would make sense to go somewhere with a different language, and if at all possible to attend a world-class university.

skater_kat

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