Scholarships and Financial Aid
An MS Financial Engineering Degree is a significant investment. However, there are several resources available to you making it more manageable.
MSFE Scholarships may be available. For example, a 10% tuition scholarship based off of the 2018-2019 figures this would look like...
$59,499 tuition @ 10 % = $53,549.10
$ 8,850 program fees
$62,399.10 + University Fees
The total can be thought of as $20,799.70 per semester compared with other programs.
Here are two additional guides to help find scholarships...
INTERNATIONAL STUDENT SCHOLARSHIPS
Any international student can search for scholarships from agencies outside the University on the Internet. For more information and links to some online search engines, see Outside Scholarships. The following sites may provide assistance as well.
- International Education Financial Aid
- International Scholarships Online
- The Smart Student Guide to Studying in the USA
Students may search for on-campus job opportunities through the Virtual Job Board.
RESEARCH & TEACHING ASSISTANTSHIPS
The Master of Science in Financial Engineering is a self-funded program where students are responsible for paying their tuition and fees. Students in this program are not eligible for Board of Trustee (BOT) tuition-waiver-generating assistantships at the University of Illinois.
The Department of Immigration and Naturalization Services strictly regulates employment for international students. For more information regarding employment, contact International Student and Scholar Services (ISSS) or the Graduate College.
INTERNATIONAL STUDENT LOANS
There are limited opportunities for you to obtain a private alternative loan. Most lenders require you to be a U.S. citizen or permanent resident with a valid alien registration card as a co-signer. Click here for a comprehensive list of international private alternative educational loan lenders.