Types of Financial Aid

Quality education is the right for all students. Every time ASAI supports the education of a student it provides them with the means to realize their potential, fulfill their dreams and change the world.

ASAI financial aids are

A. 0% interest student loan repayable in 6 months after graduation date.

B. Student grant: (for needy & outstanding) students in their 2nd, 3rd or 4th year of BA program. Students must be enrolled at any public Palestinian universities in the West Bank or Gaza, as well as students enrolled at Lebanese Universities.

C. GAZA Education Assistance and Relief Program. Palestinian students, residence of Gaza, who are displaced and now enrolled in universities outside Gaza can apply for grants to help with educational tuition expenses.

D. Crowdfunding: Open to all Arab students currently enrolled in BA, Masters or PhD programs at accredited universities around the world.

Requirements for 0% interest student loan

Student should be:

  • Enrolled at accredited and recognized university.
  • A citizen of an Arab Country.
  • Has a valid passport and ID.
  • Has a GPA of B or Very Good and above for the completed first semester of MA/MS or PhD
    program (15 credits hours).
  • Provide an official transcript, confirmed by the university registrar office.
  • Aid priorities are for the following specialization: Applied Sciences, Pure Sciences, Social
    Sciences or others.
  • Aid is allocated ONCE every academic year only for the approved applications.
  • Aid can be renewed only once.
  • Aid is sent directly to the university admissions.
  • Aid is NOT allocated for travel expenses, summer studies or language programs.

Range of Aids

Range of aids depends on the country / university / field of specialization / GPA (maintaining B average):

  • USA and Canada: For a PhD program, the loan amount is $5000. For the MA / MS program,
    the loan amount is $4500.
  • Western Europe: For a PhD program, the loan amount is $4500. For the MA / MS program,
    the loan amount is $4000.
  • Asia and Far East: For the PhD program, the loan amount is $3500. For the MA / MS
    program, the loan amount is $3000.
  • Arab Countries, Africa and Southern America: For PhD program, loan amount is $3000. For
    the MA/MS program, the loan is $2500.

How to Apply for 0% Interest Student Loan

  • Visit our Application Platform, create a personal account, begin the application process,
    and upload your information.
  • Required Documents: Prepare the following documents in clear copies to expedite the
    application process:
  • Most Recent Photo | أحدث صورة شخصية
  • Passport | جواز السفر
  • Student Visa | تأشيرة الطالب (If studying outside your home country)
  • National ID | بطاقة الهوية المدنية
  • University ID | البطاقة الجامعية
  • Recent University Grade Report | تقرير الدرجات الجامعية الأحدث
  • Official Letter of University Enrollment | خطاب رسمي للالتحاق بالجامعة
  • Previous University degrees | شهادات جامعية سابقة
  • University Bank and Payment Information |
  • Prepare to provide two professional or academic references. Your application cannot be
    completed until your references have provided their recommendations.

– After successfully completing your application, the application committee will review your information and eligibility. If found eligible, you will receive a Pre-Loan Approval email within 4-14 days (about 2 weeks). If the loan offer is acceptable, the next step is to provide two guarantors and sign the loan agreement. Follow the instructions below:

  • In your Pre-Loan Approval email We will send you a
  • Form, A4 (Student). It must be signed by
    the student for loan repayment.
    Form A4 (Guarantors) must be signed by: An adult who is able to guarantee loan payment in
    case student defaults on loan repayment or by a legal lawyer or Notary public.
  • Provide Valid ID and updated passport and utility bill for the two guarantors.
  • When the loan is approved, form A5 and loan approval letter will be sent to the student’s
    email to be completed and mailed back to ASAI main office.
  • Form A5 must be attested by a lawyer or Notary public. Original must be mailed to ASAI
    main office 5910 Wilcox Place, Suite H, Dublin, OH 43016, USA.

Note:

  • Applicants who are citizens of other countries or have green cards, loan applications will
    not be accepted. However, they can apply to our crowdfunding platform.
  • Aid is considered for ONLY one member of the immediate family.
  • After full payment of the 0% interest student loan a consideration can be allocated for
    another member of the same family when qualified.

How to Apply for a Student Grant

  • We are hosting a ‘How to Apply for a Student Grant’ session to guide students through the application process. Join us to learn how to apply on Monday at 1:00 p.m. EST!
  •  
  • Visit our Application Platform, create a personal account, begin the application process,
    and upload your information.
  • Required Documents: Prepare the following documents in clear copies to expedite the
    application process:
  • Most Recent Photo | أحدث صورة شخصية
  • Passport | جواز السفر
  • Student Visa | تأشيرة الطالب (If studying outside your home country)
  • National ID | بطاقة الهوية المدنية
  • University ID | البطاقة الجامعية
  • Recent University Grade Report | تقرير الدرجات الجامعية الأحدث
  • Official Letter of University Enrollment | خطاب رسمي للالتحاق بالجامعة
  • Previous University degrees | شهادات جامعية سابقة
  • University Bank and Payment Information | معلومات الجامعة البنكية لاستلام الدفعات المالية
  • Provide two professional or academic references.

Note:

  • Applicants who are citizens of other countries or have green cards will not be accepted.
    However, they can apply to our crowdfunding platform.

Application Deadlines for 0% interest student loan

  • July 15th of each year for fall semester.
  • November 15th of each year for spring semester.

Applications Forms

To apply for ASAI Financial assistance, fill out our Application Platform.