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Financing Your Graduate U S Studies


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Como financiar tus estudios en EUA!

Como financiar tus estudios en EUA!

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  • Transcript

    • 1. Financing Your Graduate Studies in the U.S.
    • 2. Choosing the best program for YOU
      • Start Early
      • Identify your long term goals
      • Determine your available time
      • Research diverse institutions and professors
      • Consult with an educational adviser
    • 3. Before You Apply…
      • Assess your financial situation
      • Determine your contribution
      • Consider different types of institutions
        • Public vs. Private
      • Remember additional costs: application fees, postage, testing
      • Know that tuition & fees will increase every year (around 5%)
        • Financial Aid options will too
    • 4. General Rules to Consider
      • Financial Aid is limited to the most PROMISING applicants with:
        • Demonstrated academic potential
        • Research and teaching experience
        • A polished application
      • Start the application process very early
      • Do your research
        • At an EducationUSA center and on the internet
      • Enhance your application
    • 5. Contact the Department
      • Types of questions to ask:
      • What does it take to be admitted and to receive funding in this department?
      • What are the common types of financial aid that students in the department have received?
      • What other suggestions do you have for reducing costs while studying at your institution?
      • If they can’t answer these questions, don’t apply!
    • 6. Exams
      • TOEFL iBT
        • Various authorized centers in Mexico City
      • GRE
        • Mexico City, Guadalajara and Monterey
      • GRE Subject Tests
        • (Biochemistry, Cell and Molecular Biology, Biology, Chemistry, Computer Science, Literature in English, Mathematics, Physics, Psychology)
      • GMAT
        • Mexico City, Guadalajara and Monterey
    • 7. The Application
      • Depends on the program or university
      • Typical Requirements:
        • School/program’s application form
        • Statement of purpose
        • Letters of recommendation (2-3, translation required)
        • Official undergraduate transcripts (translation required)
        • Exams (TOEFL, GRE, GMAT etc.)
        • Résumé
        • Sometimes a portfolio or sample of past work
        • Financial statement
    • 8. Set Your Application Apart
      • Enhance your application:
      • Is your statement of purpose the best it can possibly be? Invest time in perfecting it!
      • Cultivate effective letters of recommendation.
      • Select departments/professors interested in supporting your research.
      • Highlight community involvement and community service as they are attractive assets.
    • 9. Calculating your expenses
      • Application Fees ($35-100/institution)
      • Tuition ($15,000-30,000+/yr)
      • Room & Board ($5,000-10,000/yr)
      • University Student Fees ($100-$300/term)
      • Medical and Dental Insurance
      • Travel Expenses
      • Living Expenses
    • 10. Graduate Financial Aid Sources U.S. University 44% Personal/Family 44%
    • 11. Patterns and Trends in Funding
      • More funding is available for:
      • PhD programs
        • compared to master’s programs.
      • Research and Doctoral universities
        • compared to master’s institutions
      • Academic programs
        • compared to professional programs
      • (law, medicine, dentistry, MBAs, etc.)
      • Many programs don’t offer funding until the second year.
    • 12. Funding Varies by Field
      • Engineering, computer science, math
        • 82% of PhD candidates are funded
        • 55% of master’s candidates
      • Humanities
        • 56% of PhD candidates are funded
        • 41% of master’s candidates
      • Business, law, and other professions: funding is rare and loans are common
    • 13. Financial Aid Programs
      • U.S. Universities
      • Government
      • Private Foundations
      • Loans
    • 14. Types of Funding: U.S. Universities Assistantships
      • Teaching (TA): Awarded by department. Must demonstrate strong spoken English and teaching experience. Can be in other departments (languages, math).
      • Research (RA): Awarded by professors. Contributes to your thesis research.
      • Graduate (GA): Awarded by grad school. Administrative, library.
    • 15. The Professor
      • Professors manage teaching and research assistantships.
      • You need to communicate with the professors
      • Learn about them and their research from the school’s website and
      • Write to them about your academic interests and what you can contribute to their research
      • They should know you before they receive your application!
    • 16. Types of Funding: U.S. Universities Out-of-State Tuition Waivers
      • Several universities and/or state governments offer out-of-state tuition waivers
        • (based on country of origin, region or ethnicity)
      • In Texas: PASE & Good Neighbor Scholarship Program
        • Mexican nationals who demonstrate financial need pay in-state tuition at public universities in Texas
      • For more information visit each university’s website
    • 17. Types of Funding: Government Fulbright-Garcia Robles
      • Scholarships for students, research, teacher exchange, and resident scholars
      • Variety of fields of study,
        • Excludes medicine, dentistry and veterinary studies
      • Scholarship: $15,000 for 9 months
        • renewable for 1 year for Master’s, 2 years for Doctorate
      • Commission selects student then helps find university
      • J-1 Visa obligates students to return to Mexico for a minimum of 2 years afterwards
    • 18. Types of Funding: Government CONACYT
      • Full and partial scholarships for graduate students already accepted by universities
      • Give preference to PhD students
      • Focuses on science and technology
      • Partners with U.S. universities
    • 19. Types of Funding: Foundation Magdalena O. Vda. De Brockmann (MOB)
      • Full and partial scholarships for graduate students already accepted by universities
      • At least 2 years of work experience
      • Any field of study
        • except medicine, architecture, sports and fine arts
      • Must return to Mexico for a minimum of 5 years
      • Must reimburse MOB 30% of the scholarship within 3 years
    • 20. Types of Funding: Foundation American Association of University Women (AAUW Foundation)
      • Fellowship for full-time study or research to support community-based projects that are designed to improve the lives of women and girls in the fellow’s home country.
      • Female graduate students already accepted by universities
      • One year:
        • $18,000 for Master’s, $20,000 for Doctorate $30,000 for post-doctorate
    • 21. Types of Funding: Mexico Loans FIDERH, FUNED & OAS
      • FIDERH (Banco de Mexico): loan for graduate degrees
        • Funding for up to 3 years
        • Must repay the loan within 10 years
      • FUNED: loan for students accepted by a university
        • Covers most expenses
        • Must repay the loan within 6 years
      • OAS-PAN: Interest-free loans for Latin American students
        • Must complete studies in 2 years
        • Must repay the loan within 5 years
    • 22. Types of Funding: U.S. Loans
      • Most U.S. banks require U.S. citizens or permanent residents to co-sign the loan
      • Some universities have made arrangements with local banks
      • For more information on loans, look at International Education Finance Corporation
      • Sallie Mae International
      • CitiAssist www.
    • 23. Tips for Reducing Costs
      • Request an application fee waiver
      • Mail all your applications to one person in the U.S. to send them to separate universities
      • Prepare and study for admissions exams so you only have to take them once
      • Research options for taking summer courses
      • Find a job on campus ($1,000-2,000/semester)
      • Apply to be a Resident Assistant after your first year (save on living expenses)
    • 24. Homework to get started
      • Make an advising appointment
      • Visit and create a list of potential schools
      • Find out the deadlines , costs , and requirements for each school.
      • Assess how much you (and your family or sponsor) can contribute to your higher education
      • Visit and create a list of possible scholarship opportunities.
    • 25. The student visa
      • 3 types of student visas
        • F-1 SEVIS I-20
        • J-1 DS-2019
        • M-1 SEVIS I-20
    • 26. Thank You!
      • EducationUSA
      • Liverpool 31, Col. Juárez
      • 06600 México, D.F.
      • Horario: 11:00 – 17:00 de lunes a viernes
      • Tel: 5703-0167, 5080-2801
      • Email:
      • http: //
      • http ://