As an International Student to the US, you are required to demonstrate sufficient funding to cover the cost of attendance in order to obtain your student visa. We encourage you to explore the information on the Office of International Students and Scholars site and review the International Financial Declaration Form for Master of Accounting (MAcc)¬†Students.
As a rule, International Students utilize the following primary funding sources:
- Personal resources
- Lending institutions in your home country
- International Grant & Loan Organizations
- Private Student Loans through a US lending institution (requires a US Citizen or Permanent Resident co-signer).
- Semester Payment Plan
In the interest of assisting our students with the funding process, our office has compiled a list of educational and funding-related websites for your convenience. Please note that you are not limited to the lending institutions or organizations listed here and you must research, apply individually, and work directly with the funding resource.
For those planning to wire funding from abroad, Rice University has partnered with peerTransfer/flywire to facilitate this process at as low a cost to you as possible. Please reference the University Cashier's Office site for additional information.
International Loan Organizations
The following loan opportunities may not require a US citizen or permanent resident co-signer.
Banco de M√©xico-FIDERH¬†is a federal trust managed by the Central Banco de M√©xico that offers affordable low-interest loans to Mexican students for graduate studies either in Mexico or abroad. The Jones Graduate School of Business (JGSB) participates in a collaboration agreement with FIDERH. If (1) an¬†applicant is awarded an admissions scholarship and (2) is approved for funding by FIDERH, the JGSB guarantees that the admissions scholarship award will be a minimum of 25% of tuition.
CONACYT¬†is a member of Mexico‚Äôs department of education and offers scholarship and stipend opportunities to Mexican nationals seeking to study abroad.
FUNED¬†is a non-profit private organization which offers Mexican nationals low-interest loan funding. The Jones Graduate School of Business (JGSB) participates in a collaboration agreement with FUNED. If (1) an applicant is awarded an admissions scholarship and (2) is approved for funding by FUNED, the JGSB guarantees that the admissions scholarship award will be a minimum of 25% of tuition.
Global Student Loan Corporation is a third-party loan facilitator that assists in providing educational loans to citizens of India.
The Leo S. Rowe Pan American Fund grants interest-free educational loans to students, from Latin American and Caribbean OAS member countries, to help them finance their higher education studies in the United States.
Prodigy Finance offers no co-signer loans to students studying at a select number of US MBA programs. Rice University MAcc is an approved participant.
US Loan Organizations
US banks require international students to have a US Citizen or Permanent Resident (green card holder) co-signer when applying. Rice University's Office of Financial Aid provides a list of private lenders that they have researched through a formal survey process. Please note that you are not limited to this list and may apply with any lending institution of your choice. Due to the loan processing timeline, we recommend you begin the application process no earlier than May 15 for the coming academic year. Processing begins around June 1.
There are third party organizations that may offer additional funding opportunities to you. This reference list is by no means exhaustive, however, we hope it will assist in your funding search.
Frequently Asked Questions
Does Rice University participate in a Private Student Loan option for International Students that does not require a co-signer?
Yes. Prodigy Finance offers a no co-signer loan for international students. Please visit their website to apply.
Will Rice University act as a co-signer on a student loan?
No. The institution does not act as a co-signer or guarantor of student loans.
When do I start applying for Private Student Loans?
The loan application process begins after (a) you are admitted to the program and (b) you submit your enrollment deposit. (c) Our system begins processing Private Student Loan applications around June 1 for the coming academic year. We recommend you begin applying with the lender of your choice no earlier than May 15.¬†
Disclaimer: The above list of funding organizations is provided as a courtesy to assist you in your funding research and we do not promote the use of any particular entity. Neither the JGSB nor Rice University receive any form of compensation, monetary or otherwise, from the organizations listed and the University does not assume any liability. Students must research, contact the organization directly, and confirm their eligibility to apply for funding through these organizations and institutions. ¬†