1. SHAKING THE MONEY
TREE: MAKING THE
MOST OF FINANCIAL
RESOURCES FOR
INTERNATIONAL
STUDENTS
NAFSA Region VIII – Pittsburgh, PA

2. Presenters

Jennifer Frankel
Director of Financial Services
Envisage International

Keisha Jimmerson
Director of Intercultural Services
Seton Hill University

Rebecca Lee
Director of International Student Services and Enrollment
Point Park University

3. Case Study Instructions



Each group gets a case study to analyze and
discuss with fellow group members.
As a group, discuss the issues and how you
would address the problem.
One member from each group will give an
overview of the case study along with the
approach your group would take.

4. Student Case Studies




Case Study #1:
Freshman international student, Kamal comes to campus. First
semester, she does extremely well academically and socially. Kamal begins
have difficulty toward the middle of second semester. She informs you that
her uncle has lost his job in Nepal. He was assisting with her college
expenses. How can you help Kamal? What steps can you advise her to
take?
Case Study #2:
An international graduate student, Ivan is almost down with his graduate
degree. In his last term, he is offered a job at an area agency. Currently, he
works on campus. He wants to work on campus and take the job as an
internship. Thoughts?

Discussion: What issues have you encountered at your institutions with
helping international students around finances?

http://www.usastudyguide.com/international-student-scholarships-andfinancial-aid.htm

5. Primary Sources of Funding
2012-2013
Personal and Family (63.6%)
U.S. College or University (20.7%)
Foreign Government or University (7.1%)
Current Employment (5.3%)
Foreign Private Sponsor (1.1%)
U.S. Private Sponsor (0.6%)
U.S. Government (0.8%)
International Organization (0.2%)
Other Sources (0.6%)
Open Doors Report 2013

6. Tuition On The Rise
According to MSN, “college tuition has jumped by 500% since 1985”

7. Choosing a School- Is it Yours?
What is a student’s budget and what is your
value proposition?
Rural v. Urban, Private v. Public,
 Community College v. Four-Year Institution
 Financial Assistance v. Personal Funds (is it
realistic?)
Investment in retention? Transfer
credits, programming, services?????


8. Be Budget Savy:
Help Students Select the Right School



How do you evaluate the costs on-campus for
the I-20?
Is a complete summary of costs outlined to
prospective students?
Weighing recruitment versus advising
Transparency on costs is key.

9. Prearrival Budget Info
Tuition and University Fees for One Academic Year
(2 Semesters) of Full-Time Study
Undergraduate
Tuition
(12-18 Cr. / semester)
$24,980
Undergraduate (COPA)*
(12-18 Cr. / semester)
$31,540
Graduate
(9 credits /semester)
$14,238
University Fees
Technology Fee
Activity Fee
Health Insurance (UPMC)
Subtotal
$540
$300
$350
$1,750
$540
$300
$350
$1,750
$846
$90
-$1,750
$27,920
$34,480
$16,924
Personal and Living Expenses for One Year (2 semesters)
Undergraduate*
Undergraduate (COPA)*
Graduate*
Room (double occupancy)
$4,860
$4,860
$4,860
Board (14 meals/week + $200 Flex)
Books (estimated)
Miscellaneous (estimated)
Subtotal
$5,360
$900
$1,000
$5,360
$900
$1,000
$5,360
$900
$1,000
$12,120
$12,120
$12,120

10. Budget Risk Factors



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Exchange rate fluctuations/crisis in home
country
Interruption of funds (life changing event)
Inability to stick to a budget/land of plenty
Withdrawal of funds from sponsor

11. Other Expenses To Convey




Roundtrip airfare
Potential interviews
Lodging (interviews or early arrival)
Athletes/Intl arrival before semester begins
 Cafeteria
 Dormitories


Visa application fees
Transportation

12. Transparency- must be in writing
Steps to Paying your Bill
1. S
ecure financial aid such as private student
loans or private scholarships
2. Enroll in a University payment plan for remainder of expenses.
3. Pay tuition and fees in full by the tuition due
date.
Point Park University’s
Billing Policies
Registration and housing contracts determine
your semester charges.
Any changes to registration or housing can
impact your account balance.
S
tatements are available by logging into
PointWeb at pointweb.pointpark.edu.
You must either make a full payment or set
up a payment plan prior to the semester start
date.
Visit www.pointpark.edu/tuitionduedates for
specific due dates. If you register after the
tuition due date, payment is due upon
registration.
Monthly late fees of $75 are assessed on past
due accounts.
―Business holds‖ are placed on past due
accounts; the student will be ineligible for
schedule change, future registration, official
transcripts and/or diplomas.
Payment Plans
Point Park University offers several payment plans
which allow students to pay their tuition in
installments rather than in one large payment.
There are three payment plans available to
students. Each plan includes an enrollment fee
which cannot be waived.
An educational loan is a form of
financial aid that must be repaid, with
interest. Private student loans issued
through US banks are the only form of
loans that international students qualify
for.
Annual P
ayment P
lan
Fall and spring terms combined
Enrollment fee $115
Option #1: 10 equal payments beginning J 15
une
Option #2: 9 equal payments beginning J 15
uly
Option #3: 8 equal payments beginning Aug. 15
Conditions include:
You are enrolled at an approved
college or University.
You have a US citizen or permanent
resident willing to sign as a
co- applicant.
Your co-applicant can satisfy credit
approval criteria.
S
emester P
ayment P
lan-Fall Only
Enrollment fee $65
Option #1: 5 equal payments beginning J 15
uly
Option #2: 4 equal payments beginning Aug. 15
S
emester P
ayment P
lan-S
pring Only
Enrollment fee $65
4 equal payments beginning Dec. 17
T o Enroll and for More Information:
www.pointpark.edu/paymentplans
Payment Methods
Online: e-check, Discover, MasterCard
In the S
tudent Accounts Office: cash, check, money
order
2012-2013 Tuition and Fees
Payer Authorization
Semester
Fall 2012
Spring 2013
Summer 2013
Due Date
Aug. 15, 2012
Dec. 17, 2012
May 1, 2013
For Information:
www.pointpark.edu/about/tuitioncosts
Private Student Loans
You may authorize others to view your statements
and make payments online. To set up authorized
payers, visit pointweb.pointpark.edu.
Office of Student Accounts
Phone: 412-392-3424
Fax: 412-392-3962
Email: studentaccounts@pointpark.edu
For more information visit
www.internationalstudentloan.com
Private Scholarships
Undergraduate scholarships and graduate
fellowships are forms of aid that help students pay
for their education. Unlike student loans,
scholarships and grants do not have to be repaid.
Generally, scholarships and fellowships are reserved
for students with special qualifications, such as
academic, athletic or artistic.
The following website have information about
private scholarships available:
www.petersons.com
www.internationalstudent.com
www.scholarshipexperts.com
www.fastweb.com

13. Post Arrival





Orientation
Handouts- local services, worship
opportunities, eating establishments and
transportation options
Employment- be specific during orientation
Economic HardshipRetention

14. Staying connected with the Intl
Office
Social media-all important!
 Listserves
 Website
 Private scholarships
 On campus employment
 Campus clubs and alumni
 Religious/immigration groups
STAYING CONNECTED IS KEY!


15. Employment



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
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
Private work study/CPT/OPT
On-Campus Employment for F-1 Point Park University Students
F-1 students are permitted to work part time (up to 20 hours per week) on our
campus while they are attending Point Park University. F-1 students are not eligible
to work off campus. Students who are found to be working off campus will be at risk
of having their I-20 terminated.
Students must seek out available positions on campus on their own. Those seeking
positions on our campus can apply to the following places:
• Starbucks on campus—first floor of Constega Hall
• Bookstore—first floor of Lawrence Hall
• Osteria on campus—Village Park
• ARAMARK Inc. Food Services—2nd floor of Lawrence Hall
If students have not been employed before in the United States, they will need to get
a Social Security Card. An offer of employment is needed prior to issuance of the
Social Security number. Once you have secured a position, please visit the ISSE
office for more information on your next steps.
Any students with questions regarding on-campus employment can come to the
ISSE office located at 101 Wood Street.

16. External Free Money




Scholarships
Grants
Fellowships
Assistantships

17. The Funding Cycle for International
Students
Home
government
or embassy
Religious
organizations
and
associations
Colleges and
universities
Private
organizations
(U.S. and
international)
Foundations
and
Philanthropies
International
agencies

18. IEFA.org
FundingUSStudy.org
http://www.usastudyguide.com/international-student-scholarships-and-financialaid.htm
External Resources for International
Students

19. External Resources for International
Students
InternationalScholarship.com
AbroadPlanet.com

20. External Resources for International
Students
http://www.usastudyguide.com/internationa
l-student-scholarships-and-financialaid.htm
edu.fastweb.com
bigfuture.collegeboard.org

21. Bridge the Gap:
International Student Loans
• Stafford Loan
• Perkins Loan
• PLUS Loan
Which of these are available to an
international student?

22. Compare Lenders for International
Students

23. Interactive Forum

What award programs do you offer
international students at your school and how
do they work?

24. Interactive Forum

Do you partner with stakeholders and how did
you develop that relationship?

25. Interactive Forum

What are some challenges that your
international face when it comes to financial
aid?

26. Thank you!
Keisha Che’re Jimmerson
jimmerson@setonhill.edu
Jennifer Frankel
Greensburg, PA 15601
724-830-1089
jfrankel@envisageinternational.com
224 First Street
Rebecca Lee
rlee1@pointpark.edu
Neptune Beach, FL 32266
(904) 247-1387 ext 104
201 Wood Street
Pittsburgh, PA 15222
(412) 392-3903