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ISFAA |
Financial Aid for International Students: Step 1
You will need to obtain an International Student Financial Aid Application or ISFAA. You can purchase this form on the college board website or you can download it for free from the college of your choice that accepts international financial aid. The ISFAA is comprised of seven sections and all sections need to be filled out completely to be eligible for international financial aid.
Financial Aid for International Students: Step 2
You will start by filling out Section A which includes the students personal information, marital status, names of former colleges, citizenship and type of visa. Once this section is complete you will move onto to Section B which includes the students parents personal information, parents employer and parents educational information. After this is complete you will delve into the financial stuff of the financial aid for which is Section C through Section G. Keep in mind the US currency exchange rate. This is crucial and will need to be stated in the ISFAA as well as all required documents.
Financial Aid for International Students: Step 3
The ISFAA requires extremely detailed financial information. Anything having to do with you and your families assets and income will need to be declared and well documented. They want to know everything such as when the house you live in was purchased, how much is was, present value etc. They will even ask about things such as valuable artwork owned by you family so be prepared and get anything that has to do with money and assets ready before you begin filling out the ISFAA.