Note: additional helpful information for international students may be found at the following web address: http://www.edupass.org/finaid/.
In general, international students are ineligible for U.S. federal educational loans. A student must be a U.S. citizen or eligible noncitizen (eligible noncitizen: http://studentaid.ed.gov/PORTALSWebApp/students/english/Glossary.jsp#elegiblenoncitizen) to receive U.S. federal student educational loans. If a student is ineligible to receive a U.S. federal educational loan, the student does not need to complete a Free Application for Federal Student Aid (FAFSA).
However, loan options are available for international students through private/alternative educational loans which allow application by such students if they obtain a U.S. citizen or U.S. permanent resident co-signer. The co-signer must supply a U.S. social security number, have a satisfactory credit history, and demonstrate sufficient current income to repay credit obligations (including the educational loan). The student applicant also should provide a U.S. social security number if possible. With a creditworthy co-signer, a student can borrow up to the Cost of Attendance. Tulane determines the borrower's maximum loan eligibility based on the Cost of Attendance for the academic year associated with the loan, less any other financial aid received. The interest rates are variable. For more details on these education loans please visit the Private/Alternative Loans section of our website.
Full-Time Division Undergraduate Students - Tulane Need Based Aid:
While international students do not qualify for student financial assistance from the United States Department of Education, such students may be considered for Tulane institutional need-based scholarship funds. Tulane requires that all need-based scholarship recipients, including international students, maintain full-time enrollment (12 credit hours or more) each semester in a full-time division (Newcomb- Tulane College, School of Architecture, School of Science and Engineering, School of Liberal Arts, Freeman School of Business). For 2014-2015, full-time division entering undergraduate international students may receive up to a maximum of $20,000 in Tulane Need-Based Scholarship annually depending on their family's level of financial need. Students receiving a merit or athletic scholarship in excess of the maximum are not eligible for Tulane Need-Based Scholarship. An international student's remaining financial need must be funded by the student's family or from another resource (for example, international students may wish to consider borrowing private/alternative loans as described above). Those who wish to be considered for Tulane need-based scholarship funds must complete the online College Board 2014-2015 CSS Profile Form. The suggested deadline for application is February 15, 2014. Returning students must submit the online form by May 1, 2014.
Institutional aid, such as scholarships or fellowships aid is offered directly from the Graduate Schools. Interested applicants should contact the schools directly for more information.
Page last modified on February 5, 2014.
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