Studying in the U.S. is a dream for many. In recent years, there’s been a noticeable uptick in the number of Swiss students heading to American universities. According to the Institute of International Education, during the 2023-2024 academic year, approximately 1,200 Switzerland students were enrolled in U.S. institutions.
However, studying abroad isn’t cheap. Tuition, housing, and other expenses can add up quickly. That’s why scholarships and financial aid are so important—they help make this dream more affordable. For example, Harvard University recently announced that starting in the 2025-2026 academic year, families earning up to $200,000 won’t have to pay tuition, making education more accessible to many students.
In this article, we’ll explore some popular scholarships available to Swiss students, discuss how to qualify for them, look into alternative funding options, and share budgeting tips to help manage your expenses while studying in the U.S.
Popular Scholarship Programs for Swiss Students
Here are the most famous scholarship programs for students from Switzerland who want to learn in the US:
Fulbright Student Grants
The Fulbright Program, sponsored by the U.S. Department of State, offers scholarships to Swiss students for graduate studies or research in the United States. It’s designed to promote mutual understanding between nations. Scholarship grants typically cover tuition, living expenses, and travel costs. The 2026-2027 academic year application deadline was August 5, 2025. More details can be found on their website.
Swiss Benevolent Society Scholarships
The Swiss Benevolent Society of New York offers several scholarships for students of Swiss descent residing in certain U.S. states. These include the SBS Merit Scholarship, the SBS Outstanding Scholastic Achievement (OSA) Award, and the SBS Graduate Award. Each has specific eligibility criteria, such as proof of Swiss parentage and residency requirements. Applications are typically due by March 31st.
1F Cash Advance Financial Scholarship
The 1F Cash Advance Financial Champions Scholarship is an annual initiative to promote financial literacy and support American and international students (including Swiss ones) in their educational pursuits. The scholarship awards $1,500 to the winning applicant.
To be considered for the 1F Cash Advance Financial Scholarship, applicants must meet several requirements. They must be United States citizens or residents enrolled full-time in high school or part-time/full-time in college, trade school, or graduate school. Additionally, applicants must be at least 18 years old and have a cumulative GPA of 3.0.
The application process requires candidates to submit a 500-word essay addressing a topic related to personal finance. The topic changes every year and raises questions about financial problems and ways to solve them among young people. Submissions must be made through the application form on the company’s official webpage.
How to Qualify for Scholarships
Here are the main eligibility requirements you need to meet to get this form of financial aid:
Academic Requirements
Most scholarships require a strong academic record. For instance, the SBS Merit Scholarship requires a minimum GPA of 3.0, while the SBS Graduate Award requires a GPA of at least 3.8. Maintaining high grades demonstrates your commitment and capability.
Language Proficiency
Proficiency in English is crucial. Most U.S. universities require international students to submit TOEFL or IELTS scores to prove their English skills. Achieving high scores on these tests can also strengthen your scholarship applications.
Financial Need and Merit-Based Considerations
Some scholarships are need-based, considering your financial situation, while others are merit-based, focusing on academic or extracurricular achievements. Be sure to understand the criteria for each scholarship and provide the necessary documentation.
Financial Aid & Alternative Funding Options
Students who couldn’t qualify for scholarships may rely on alternative options to get funds for education.
U.S. Federal Grants
Generally, international students are not eligible for U.S. federal grants. However, some state or institutional aid might be available. It’s worth exploring all options and contacting prospective universities’ study abroad financial aid offices.
Private Loans and Funding
Private loans are another option, though they often require a U.S. co-signer. However, Swiss students may consider local educational loans offered by Swiss cantons or foundations like EDUCA SWISS. Be cautious with loans, as they can lead to long-term debt. Always read the terms carefully and consider the repayment obligations.
Budgeting Tips for Studying in the U.S.
Every student should know how to handle their finances and expenses while studying in the USA. Here are some steps to take to simplify the process:
Manage Tuition Costs Wisely
Look for universities with favorable tuition rates for international students. Some institutions offer in-state tuition rates to international students under specific agreements. Additionally, community colleges should be considered for the first two years to save on tuition before transferring to a four-year university.
Look for Affordable Housing and Part-Time Jobs
Living off-campus can sometimes be cheaper than on-campus housing. Sharing an apartment with other students can also reduce costs. International students on an F-1 visa can work up to 20 hours per week on campus, which can help cover daily expenses.
Set a Budget
Revise your monthly budget and expenses and make sure you live within your means. Write down where you spend your money through a month to stay on track and find some areas where you can cut costs.
Know Currency Exchange Rates
Keep an eye on exchange rates and consider opening a U.S. bank account to avoid frequent currency conversion fees. Some banks offer accounts specifically for students with lower fees.
Final Thought
Studying in the U.S. as a Swiss student is a significant investment, but it’s an achievable goal with the right scholarships and financial strategies. Start your scholarship search early, maintain strong academic performance, and be proactive in managing your finances to make the most of your educational experience abroad.
