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Loans and Other Resources

We encourage international students to consider a variety of ways to help fund business school, including federal loans; scholarships; employment; personal savings; family funds; company or government sponsorship; and other outside loans, grants, and scholarships.

Loans are disbursed through the Financial Aid Office; visit the University of Rochester’s financial aid website for additional information. 

International students do not quality for US Federal loan programs unless they are permanent residents of the United States. An international student may apply for a private alternative source of funding, but a United States citizen or permanent resident is typically required as a co-borrower. For a complete list of loans that current University of Rochester undergraduate and graduate students are taking—so you can find the best fit for you based on your eligibility—visit elmselect.com. 

Additional helpful resources can be found below:
 
  • Financial Aid for Graduate Students
  • eduPASS logo
  • FinAid logo
  • elmselect logo
  • Fastweb logo

Several resources exist for international students seeking financial aid to study in the US. Some banks will authorize loans to international students, provided that the student has a credit-worthy US co-signer to guarantee the loan. Also, some lenders may offer collateral loans or loans secured by a credit-worthy foreign citizen. Simon does not offer no-cosigner loan options.


Disclaimer: The University of Rochester does not maintain a preferred lender list. Thus, the University has no agreements or relationships with any lenders and does not receive any benefit, financial or otherwise, from the use of alternative loans by students.

Looking to build a career in the US after graduation?

There’s positive H-1B news to share 

The new H-1B fee and entry restriction policy applies only to certain new
H-1B filings for individuals outside the United States.

Once you are in the US on an F-1 visa and later transition to H-1B, your employer is not subject to the new US$100,000 fee or the entry restriction.

Students with an F-1 visa can continue to take advantage of OPT and CPT.

What does this mean for you?

This is great news for you and employers who continue to seek top talent. In the MS Class of 2024, 84.5% of job-seeking graduates received employment offers within six months of graduation, and 75.7% of those graduates were hired in the US. 

Simon continues to be a great investment for students seeking to stand out in a competitive hiring environment. Our STEM designated programs integrate AI and analytics ensuring that our students are prepared to tackle complex challenges.