Home to some of the most prestigious educational institutions in the world, one of the strongest state economies in the U.S., and a vibrant culture, it’s no wonder so many international students choose to study abroad on a budget in Massachusetts.
Budgeting for your international study program in Massachusetts requires some planning. Most students require a combination of financial aid, savings and student loans for studying abroad. Read on to discover how an MPOWER international student loan without a cosigner or collateral can help turn your dream of studying in Massachusetts into a reality.
According to the 2024 Open Doors Report, Massachusetts is the fourth most popular U.S. state for international students studying abroad on a budget. Here are some of the reasons Massachusetts is such an appealing option for students across the globe:
With the abundance of competitive colleges and universities in Massachusetts, it can be hard to determine which school is the right fit for you. Luckily, MPOWER’s list of 500+ eligible schools can help. MPOWER evaluates every school based on factors like graduation rate and alumni employment, ensuring that every MPOWER-eligible university offers the best education outcomes possible.
Here are three top MPOWER-eligible Massachusetts universities* and their most commonly selected majors.
A large, private research university located in the heart of Boston, BU offers its students a wealth of real-world learning opportunities. Popular postgraduate programs include:
Located in the student-friendly college town of Amherst, UMass Amherst is known for its commitment to public service, social justice and sustainability. The affordability of Amherst makes UMass an excellent choice for students studying abroad on a budget. Popular postgraduate programs include:
No list of Massachusetts schools would be complete without Harvard, a leading academic and research institution worldwide. Some of Harvard’s most renowned postgraduate programs include:
To see which Massachusetts postgraduate programs can be funded by an MPOWER international student loan without a cosigner, check out MPOWER’s list of eligible schools. The list is always expanding to reflect the best international study programs possible.
*Schools mentioned in this post do not endorse MPOWER’s loans and MPOWER is not affiliated with the schools noted in this message.
After you’ve decided which MPOWER-eligible Massachusetts university to attend, it’s time to organize your study abroad budget. An international education in the U.S. can be pricey, so it’s important to explore all your funding options:
International students, though ineligible for federal or state financial aid, can cover some of their university expenses through merit scholarships, work study, fellowships and assistantships.
Resources such as EducationUSA, College Board and FastWeb provide robust scholarship databases for international students hoping to study in the U.S. MPOWER also offers a number of graduate student scholarships.
Scholarships, however, tend to be highly competitive. Students should also explore the financial aid options offered through their chosen university or department. UMass Amherst and Harvard, for instance, offer aid in the form of department-specific assistantships, whereas international master’s students at BU can apply for the Wheelock general scholarships.
For help planning your student abroad budget, check out this database, which compiles the international student aid provided at various educational institutions across Massachusetts.
For most international students studying abroad on a budget, financial aid and personal savings only cover part of their study abroad expenses. That’s where MPOWER comes in. MPOWER Financing provides international student loans without requiring a cosigner or collateral. Unlike other loan providers, MPOWER offers a flexible, accessible and streamlined loan application process.
Through its Path2Success program, MPOWER also provides holistic support throughout your study abroad journey. From providing you with a free visa prep course to securing you a prequalified U.S. bank account, MPOWER makes your international education as smooth as possible.
Check your eligibility today to borrow up to US$100,000 from MPOWER.
MPOWER-eligible Massachusetts universities offer an unparalleled education for students studying abroad on a budget. If your funds can’t quite cover your Massachusetts postgraduate experience, an MPOWER international student loan without a cosigner can get you there. It takes less than a minute: Get started today.
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