Many international students get confused about shopping for health insurance abroad. Don’t worry! We’re here to help.
The U.S. healthcare system differs from other countries around the world. Let’s break down the basics of student health insurance so international students studying in the U.S. can understand it more easily.
In the United States, international students on an F or M visa aren’t required by federal law to have health insurance, but many schools require students to have some type of insurance plan. Some schools in the U.S. offer predetermined plans to make the process easier. While it might be convenient, it’s not always the most cost-efficient option or might not meet your health coverage needs.
There are four common insurance requirement categories at U.S. universities. These options vary greatly from one university to the next and are set by your institution:
If your school doesn’t require health insurance for international students, it’s still best to have a plan. Having a policy provides peace of mind so if you become ill or injured, you have coverage.
Unlike other counties, like Australia, Canada and Germany, the United States doesn’t have a universal health care system. Depending on your school’s insurance requirements, you can choose to enroll in your school-sponsored health services plan or opt for a private health insurance plan from a third-party provider.
Although some health service networks are government-owned and operated, many U.S. health facilities and providers are run by private institutions. The health insurance system typically follows a fee-for-service (FFS) system. This means you’ll pay for each medical visit or service you receive.
Without a health insurance plan, you’re 100% responsible for paying health care services out of your own pocket. A health insurance plan shares some of the costs you might encounter from doctor visits, in-patient hospital stays, prescriptions and laboratory tests.
There are a wide array of insurance plans available offering different coverage. First, verify your school’s requirements to understand the type of coverage your plan must include.
Insurance coverage requirements might vary between schools, but here are some key benefits your plan should cover:
Without good coverage for basic medical needs, you may find yourself in financial trouble in the long run.
It’s also crucial to identify hidden limits. Some insurance companies offer plans with sub-limits that limit the amount they’ll pay for treatment, even if your total plan limit is higher. For example, you might have US$100,000 coverage per hospitalization, but in the fine print, insurance only covers US$500 per day.
If you want or need more than just basic health insurance coverage, there are options. Some companies offer plans for international students that cover organized sports injuries, maternity and preexisting conditions.
Most health insurance policies for international students focus on assisting with accidents and illnesses – not providing preventative treatments. That’s why dental, vision, wellness, congenital disorders, and self-inflicted and sport-related injuries are commonly excluded from student health insurance plans. These exclusions help keep the cost of insurance affordable.
According to a 2022 survey by Hodgkins Beckley & Lyon, a higher education healthcare management firm, undergraduate students at public colleges and universities spent US$226 per month for health insurance. For those attending a private institution, the cost increased to US$295 per month.
Factors that might affect your health insurance costs include whether you enroll in a university-sponsored plan or private plan. Your age, coverage level, and coverage duration can also influence your total health insurance costs in the U.S.
Each insurance provider and plan is different. Make sure the insurance you’re selecting fits not only your budget but also provides good coverage for your medical needs.
International students should prioritize health insurance for a worry-free academic journey abroad. Whether required by a school or not, having coverage is essential. When shopping for health insurance plans, focus on understanding plan benefits and matching them to your needs.
Having a choice when it comes to selecting health insurance is valuable. Fortunately, there are a wide array of plans available for foreign students.
MPOWER Financing partners with qualified insurance providers to deliver comprehensive health insurance for you. Start exploring student health insurance plans today.
Congratulations on starting a master’s degree in the U.S. or Canada. Traveling internationally can be life-changing, but also requires you to take many things into account. This blog offers handy tips to help you prepare for your international trip, ensuring a seamless and unforgettable adventure.
Thorough preparation before departure is important to ensure a smooth journey and stay abroad. Addressing key aspects such as documentation, health and finances will help you avoid last-minute stress and potential pitfalls.
Heading to the airport is where your adventure really starts. Here are some simple tips to help you navigate everything smoothly and kick off your journey with ease.
Once you’ve landed, it’s all about going through the new airport. Here are a few pointers to help you find your way, handle official procedures quickly and safely get to your next stop.
Efficient packing not only helps you stay organized but also ensures you have everything you need for the first couple days in the new country. Here are some tips that will help you to prepare for the transition:
As you get ready for your master’s degree in the U.S. or Canada, remember that being well-prepared is your key to a lifelong experience. By taking care of your documentation, health, finances and essential needs, you’re paving the way for a successful time abroad. Whether it’s immersing yourself in new academic challenges, soaking up diverse cultures or building a global network, these tips will help you navigate your journey with confidence.
Navigating the admissions process for Canadian universities as an international student can seem daunting, but with a clear understanding of the requirements and a bit of preparation, it can be a smooth experience! This guide will provide an in-depth breakdown of everything you need to know to apply to Canadian universities:
Canadian universities typically require the following from international applicants:
In addition to the general university application outlined above, different academic programs might have specific requirements. Here’s an example of what those requirements might look like:
Make sure you know the application deadlines! These deadlines can vary a lot from one university to the next, so it’s a good idea to add them to your calendar so you don’t forget.
In general, application deadlines for programs that start in September range from January to April of the same year. Remember – it’s always a good idea to submit your applications early to avoid the stress of missing deadlines!
It’s no secret that studying abroad can be costly. Make sure you account for tuition and other travel and living costs when you’re applying to your dream schools – and have a plan in mind for how you’ll fund your studies! Keep in mind that schools will require you to show proof you have enough funds to pay for your program in Canada. For many students, international scholarships and student loans are a great way to fund their education. Learn more about MPOWER Financing’s no-cosigner student loans and check if you’re eligible for any of our scholarships.
When you receive an acceptance letter from a Canadian university, it might feel like time to celebrate! And while you should feel proud of your achievement, there’s still one more important element of studying abroad in Canada to get sorted – your study permit.
You can apply for your study permit directly with the Canadian government. The process isn’t as complicated as the U.S. immigration process, but you should still plan ahead as Canadian study permits can take up to three months to be approved. You’ll need your school’s acceptance letter, as well as other required documents like a valid passport to apply. If you elect to use a Canadian Immigration Advisor to assist you, they must be licensed by the Canadian government.
If you’re an international student looking to meet the Canadian government’s Student Direct Stream Program (“the SDS Program”), the TD International Student Guaranteed Investment Certificate (GIC) Program can help you meet the requirements for an expedited study permit.*
Applying to Canadian universities can be a time consuming process, but with preparation and a clear understanding of your school and program requirements, you’ll be on your way to studying in Canada in no time! If you’re unsure where to apply and want to learn more about schools that support MPOWER student loans, check MPOWER-eligible schools page. Make sure to research specific program requirements, mark down important deadlines, secure financing, and apply for your study permit ahead of time.
* TD Bank is an official partner of MPOWER Financing.
Studying abroad is an exciting and enriching experience, but it also brings some challenges – particularly when it comes to language barriers. For non-native English speakers studying in Canada, overcoming these language barriers is key to succeeding in school, learning about the local culture, and meeting new friends. But don’t panic! We’ve collected some tips and strategies to help you navigate language barriers while studying abroad in Canada.
The first thing to know about studying in Canada is that Canada has two official languages – English and French. Although English will likely be the primary language of your academic studies, students who speak French will be able to communicate throughout most of the country too. But even students who speak French will benefit from improving their English skills in Canada as these skills will come in handy academically, professionally and when looking for a job.
Many universities in Canada provide language support services, so be sure to ask about these resources with your school’s international student office. These resources are one of your best options when it comes to improving your English skills on campus. Most schools will offer a combination of one-on-one tutoring, workshops and even classes to enhance your language skills and build confidence. If you’re struggling with your English coursework, don’t be afraid to reach out to your professors for additional support.
Participating in social activities, like joining campus clubs or sports teams provides a great opportunity to organically improve your language skills. In these settings, you’ll become familiar with slang, idioms, accents and other nuances within the language that you wouldn’t learn by reading a textbook. Connecting with your Canadian classmates on campus is another great way to learn English – your new friends might even offer to help you improve!
Language learning apps like Duolingo, Babbel and Rosetta Stone are a great way to expand on the English skills you’re learning on campus. Ask your school’s international student office if they offer student subscriptions or discounts to these platforms.
While you’re working to improve your English skills, it’s good to find reliable products and services that are accommodating to non-English speakers, especially when managing your finances. Many international students find it helpful to open a local bank account while studying in Canada. TD Bank* is a great option for non-native English speakers, as their advisors collectively speak over 80 languages, which many students find valuable when managing finances.
Learning a new language is a gradual process requiring patience and persistence. It’s normal to make mistakes, so be patient with yourself! The most important thing is that you practice your new English skills whenever you have the chance – in class, with friends and even when engaging in your local community. Listen to music in English, read the news in English, and watch your favorite movies and TV shows in English! Before you know it, you’ll be communicating with confidence.
Studying in Canada and speaking English as a second language can be challenging for international students. But with persistence and regular practice, you’ll see your English skills improve significantly in no time.
If you’re just starting your journey abroad and considering studying in Canada, explore MPOWER-eligible schools where MPOWER Financing can help cover your tuition.
* TD Bank is an official partner of MPOWER Financing.
In 2023, more than one million international students chose to study abroad in Canada, according to data from International Consultants for Education and Fairs (ICEF). That’s a record high! If you’re preparing to pursue your studies in Canada, you have a lot to be excited about – from excellent universities and a booming job market to beautiful natural scenery and a welcoming culture. But there’s also a lot to prepare for! That’s why we created this essential pre-departure checklist for international students heading to Canada.
Read on to make sure you’re on track for your international studies.
While the immigration process to study abroad in Canada is typically simpler than that of the United States, most international students will still be required to have a Canadian study permit to pursue their academic program. The study permit is a document issued to foreign nationals who wish to study at designated learning institutions in Canada. Don’t worry – all primary and secondary schools in Canada are designated learning institutions!
How do you apply for your study permit? You’ll need a specific set of documents to apply, including an acceptance letter from your school. You can learn more about how to apply for your study permit on the Canadian government’s website. Approvals for study permits typically take around three months, so plan accordingly.
For some students, it’s also possible to expedite the process of obtaining your study permit. Students from specific countries may be eligible for the Student Direct Stream (SDS) program, which speeds up the permit approval process! Initiatives like TD Bank’s* International Student Guaranteed Investment Certificate Program can help ensure you meet the requirements of the SDS program.
It might sound like common sense, but make sure to confirm your housing arrangements in Canada before you go abroad. While many schools will offer on-campus housing (included in your tuition payments) it’s not uncommon for international students to live off campus in a house, apartment or homestay. On-campus housing is typically dormitory style, and you’ll be living with a roommate. Off-campus housing may afford you the opportunity to live alone, or with multiple roommates to cut down on your rent payments. Homestays, in which you live with a host family close to your school, also offer an interesting option for students who want to enmesh themselves in the local culture and make connections to real Canadian families while abroad. All these housing options have their own pros and cons, so make sure you pick one that best suits your needs.
Student loans and scholarships to study in Canada are great ways to offset the high cost of tuition. If you haven’t already secured funding for your academic program, look into student loans that cater specifically to international students. Our no-collateral student loans at MPOWER Financing, for example, don’t require a cosigner or a credit history.
Scholarships are another great way to fund your education in Canada. There are countless partial and full scholarship options available for international students – but keep in mind that scholarships are usually very competitive. Check out MPOWER’s international student scholarships to see if you qualify for any of ours.
Of course, to travel to Canada from your home country, you’ll need a plane ticket. Make sure to book your flight ahead of time to ensure you get the best deal. Explore deals on sites like StudentUniverse, which offer exclusive travel discounts for college students.
In addition, prepare for upcoming and unexpected expenses when you arrive in Canada. Things like textbooks, food and even furniture can catch students by surprise and add up. The more you can anticipate these expenses, the better prepared you’ll be when you arrive on campus.
Finally, one often overlooked element of studying abroad is banking. You probably already have a bank account in your home country, but it’s a good idea to sign up for one in Canada too. Why? Doing so ensures you’ll be able to make purchases easily in Canada, use ATMs to access your money, and avoid extensive foreign transfer fees. Plus, many banks offer exclusive deals and savings for international students. For example, TD Bank offers an International Student Banking Package with unlimited transactions and no transfer or transaction fees.
There’s so much to do when preparing to study abroad in Canada! But with a little bit of hard work and advanced planning, you’ll be ready to start your education journey with confidence. With your study permit, housing, funding, travel plans and bank account in place, you can start the most important part of your preparation: getting excited to study in Canada!
*TD is a partner of MPOWER Financing
Join our discussion with expert immigration guests to learn about visas, study permits, and other documents. We’ll answer common questions about immigration, visa interviews, financing, and the overall U.S. visa process.
Join MPOWER Financing’s exclusive live session on studying in the U.S.A. or Canada and turn your international education dreams into reality. Discover how we empower students globally, explore our comprehensive support for your success, and get expert answers to your questions in our Q&A session. Plus, enjoy insights from a special guest.
Note: This interview was adapted from a blog post previously appearing on WeChat. It was conducted in Chinese and translated into English.
Student: Sunny Zhang
Home: Shanghai, China
School and program: University of Michigan, MBA
Sunny: The desire to change careers led me to study abroad, and I chose to pursue an MBA in the U.S. for career path and self-improvement. Before going abroad, I had already worked at HSBC Bank for four years and gradually felt that the room for advancement was becoming limited. That’s when the idea of a career switch emerged.
Sunny: Whether in China or abroad, changing fields directly is quite challenging. An MBA is a good opportunity to facilitate such a transition. My undergraduate degree wasn’t in business, so the MBA allowed me to acquire the systematic business knowledge I had always lacked. Another reason was to see the world and understand what other countries are like.
Sunny: After comparing several major study abroad destinations, I chose the U.S. In the U.K., only MBS (Manchester Business School) is comparable to top U.S. schools. The choice felt too limited, and MBS seemed too finance-focused. In the U.S. all the top 16 schools are generally good. My school, the University of Michigan, ranks around 10th in the U.S. Although the MBA programs in the U.S. are also employment-oriented, you get a more comprehensive overall experience.
Sunny: I applied to five schools and got interviews at all of them but only received an offer from the University of Michigan. The cost of attendance was not a main factor for me, as MBAs are generally priced similarly. The strengths and suitability of each program, along with the culture and atmosphere of the schools, mattered more. My program’s tuition was about US$120,000. Including living expenses, the total cost for two years was around US$200,000.
Sunny: Before deciding to apply, I had already considered how to fund my studies. Many lenders don’t accept loan applications from international students, so my options were limited. In my first year, I used a cosigner-required loan service with a U.S. green card holder, a friend of my father’s, as my cosigner. He withdrew his cosign in the second year, so I had to look for no-cosigner loans. The support from my parents also gave me the confidence to apply for a (no-cosigner) loan through MPOWER Financing.
Sunny: I lived frugally but didn’t hesitate to spend on necessary things. I shared a two-bedroom apartment with another Chinese student, each having our own room but sharing the bathroom, living room and kitchen. Our monthly rent was US$1,700, split equally. It was an old building but clean and chosen mainly for its proximity to our college – just a six-minute walk.
Sunny: MBA programs are designed with a “buff,” offering numerous resources to enhance students’ future careers. Almost everyone in the top 16 MBA programs in the U.S. can secure a good internship during their studies with a return offer. Our program had over 400 students, with about 30 from China. The high tuition of an MBA is justified. Although it doesn’t guarantee a specific job, it provides ample support and resources. Many large corporations are willing to recruit from these schools, often visiting multiple times.
Sunny: While applying for the loan, I was doing a paid internship at Amazon and received a return offer. Classes were held in the morning, with afternoons free after 3 p.m. for company info sessions or networking events. Fridays were class-free, with many companies hosting forums and activities. For my Amazon interview, Chinese seniors who had interned there helped me with mock interviews.
Sunny: I can clearly feel my growth on a daily basis, and I’m grateful I chose to pursue an MBA in the U.S. For me, pursuing an MBA for a career change was a wise choice.
Transitioning from one field of study to another is challenging, and getting an MBA might be the solution to bridge that gap. While the benefits of an MBA are great, the costs of tuition, fees and living expenses are also substantial. International students under financial pressure might consider applying for a no-cosigner private loan to cover costs.
If you’re considering pursuing an MBA or postgraduate degree, learn about financing your education as an international student abroad. MPOWER Financing offers no-collateral and no-cosigner loans for master’s students studying in over 500 universities in the U.S. and Canada, without restrictions on majors.
To take the next steps, start an application and check your eligibility in less than a minute.
Want to know more about our loan product, application, or customer benefits? Sign up for our Application Walkthrough! We’ll discuss each step of the application, what to expect, and frequently asked questions. Plus, you’ll be able to ask us anything about international study abroad.
Starting your postgraduate journey in the U.S. is an exciting time, filled with countless opportunities for growth. However, you’ll also face challenges, such as adjusting to a new culture and balancing your studies with your social life. The key to thriving in your new college setting is effective time management as an international student. With the right strategies, you can schedule your time efficiently and make the most of your postgraduate experience. Here are some tips to help you stay organized, reduce stress and achieve your goals as an international student.
Living in a new country can be disorienting, especially as you’re adjusting to a new time zone. That’s why your first order of business is getting on a regular sleep schedule.
Set a consistent bedtime and wake-up time to reset your body’s internal clock. To boost your sleep quality, try to create a relaxing wind-down routine at the end of the day and limit your exposure to screens at least an hour before you want to sleep.
Limit how much coffee you drink throughout the day, too, as caffeine can keep you up at night. Getting quality sleep is crucial to your mental and physical health. By making it a priority off the bat, you’ll be better able to concentrate on your studies and deal with the challenges of postgraduate life.
Making a to-do list each day is a great way to stay on track with your various commitments. You’ll be a lot less likely to forget important tasks and deadlines by writing everything down, from papers you need to write to club meetings you want to attend.
Once you have your to-do list written down, figure out which tasks are the highest priority. Consider tackling your high-priority tasks first, so you can start your day with momentum and a sense of accomplishment.
Be realistic about how much you can get done in a single day. If your lists are getting too long, consider which tasks you can shift to a different day in the week.
A planner is an invaluable tool in creating your schedule as a postgraduate student in the U.S. You could use a physical notebook or an online tool, such as Google Calendar.
Set aside some time at the beginning of each week to write down your tasks, appointments and goals. Set aside dedicated time for studying, research and schoolwork throughout the week.
Don’t forget to schedule in time for self-care, socializing and relaxing, as well. With a planner, you’ll be able to visualize your schedule, keep track of deadlines and find a balance between your academic and personal life.
Time blocking is another time management technique that can make it easier to structure your day. It involves dividing your day into distinct blocks of time and designating each block to a specific task.
For example, you might set aside two hours in the morning for writing a paper, three hours in the afternoon for studying and an hour and a half in the evening for dinner with friends.
As you fill out your time blocks, consider which tasks are the most urgent and important. Set clear goals and outcomes for each time block so you know whether you’re staying on track.
Be realistic about how much time you set aside for certain tasks, too. Although it might be tempting to set aside only an hour to write a paper, it could be more realistic to designate three to four hours to the process.
You also want to consider your energy levels as you prioritize your task. If you’re a morning person, schedule your more intensive tasks in the morning. If you’re a night owl, you might prefer the opposite approach.
When it comes to studying, you may need to seek out a space that helps you focus. Some students work best at their desk in their room, while others need the quiet of a library or the background noise of a cafe.
Consider your learning style and what type of environment best suits it. Seek out the best environment for your study time to reduce distractions and optimize your learning.
Although you might feel overwhelmed with work and deadlines at times, it’s important to take breaks every once in a while. Pushing through can lead to burnout, which makes it impossible to focus and be productive.
One approach to studying and work is the Pomodoro technique. This strategy involves focusing on tasks in 25-minute blocks, separated by short breaks. Scheduling in breaks can give your brain time to relax so you can better focus when you return to studying.
Keep in mind that you’ll probably have unexpected events turn up in your day, too. Rather than stressing out about a schedule disruption, look over your planner to see how you can rearrange your time.
If you’re feeling overwhelmed, your school likely has some services that could help. Many colleges offer free tutoring, for instance, if you need assistance in a challenging subject.
They also have mental health services that offer one-on-one or group counseling. Your counselor could help you manage homesickness, deal with stress or hone your time management skills.
You might also have an advisor who can suggest courses to take or internships to pursue as you earn your degree. Plus, your school’s career services office could help you clarify your future career goals and write a resume.
Earning your postgraduate degree is challenging, especially when you’re in a new country far away from friends and family. Don’t hesitate to use your school’s international student services office and other resources for assistance along the way.
Studying overseas in the U.S. as a postgraduate student is filled with adjustments and challenges, and learning how to create a schedule and manage your time can help. A few time management tips and self-care can go a long way toward easing your transition and setting you up for success.
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