Unfortunately there is no central financial aid fund at the University of Iowa to fully support international students. Nor are international students in F-1 or J-1 status eligible for federal financial aid or loan programs. Most international students cannot take out a private loan from their bank without a U.S. citizen co-signing the loan application.
Students who need assistance on an “emergency” basis may have the following options available:
Self-Service Loan Program - Available directly from the Office of Student Financial Aid in MyUI. Up to $500 may be credited directly into a student’s UBill by the University, with payment due near the end of the semester. No interest is charged. Interested students may log into MyUI > Financial Aid and Billing > Self-Service Loan to apply for the Self-Service Loan.
Short Term Loan Program – International students may request a “loan” from the Office of Student Financial Aid of up to $1500, which must first be cleared with an ISSS advisor. Students must demonstrate financial need as well as a means of repaying the loan. A 4% rate of interest is charged. For more information or to apply, please see an ISSS advisor.