We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

How to pay for Education in the US

Hi, our daughter has chance to go to the US to study and play sport but we will have to contribute some money towards it. We are looking for some help as to the best way to do it?

Comments

  • C.M.
    C.M. Posts: 79 Forumite
    Best options IMO would really be bursaries (if available), savings - ornif neither are possible then potentially long term 0% money transfer cards.

    Only use option 3 if you can afford to pay it back before the interest free period expires
  • TrickyDicky101
    TrickyDicky101 Posts: 3,535 Forumite
    Part of the Furniture 1,000 Posts
    How much money are you talking (in total and per annum)?
  • Voyager2002
    Voyager2002 Posts: 16,349 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    If she is really good at sport then it might be worthwhile, and the college could arrange a sports bursary.

    Otherwise this would be a bad move: while some US universities are outstandingly good at graduate level, at undergraduate level standards are almost universally lower than in Britain or most of Europe.
  • zagubov
    zagubov Posts: 17,956 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If she is really good at sport then it might be worthwhile, and the college could arrange a sports bursary.

    Otherwise this would be a bad move: while some US universities are outstandingly good at graduate level, at undergraduate level standards are almost universally lower than in Britain or most of Europe.

    Seconded! I'd be very wary of this. There are thousands of universities and colleges in the US but their freshman and the first half of their sophomore years are like our A levels. Their honours degrees are like our ordinary degrees and their Masters are like our honours degrees. IIRC, only their doctoral degrees are like ours.

    They've got a massive quantity of higher education over there but the quality isn't recognised internationally as being at proper degree level.
    There is no honour to be had in not knowing a thing that can be known - Danny Baker
  • Herzlos
    Herzlos Posts: 16,392 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Is any funding available from wherever the opportunity is? I did an exchange program for a semester, paid for by my uni.
  • Caroline_a
    Caroline_a Posts: 4,071 Forumite
    My daughter was approached by several US universities to go with a full bursary that included fees, accommodation, medical, all sports-related expenses and a couple of trips home's flights. She chose in the end not to go. She was at the time pretty high up in her sport, so that isn't the norm.

    If your daughter can get that sort of bursary it would probably be worth it.
  • saker75
    saker75 Posts: 363 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    Have a look at the Fulbright Commission which has lots of information and resources to help with funding higher education in the US.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.