Title: Saving Money as an International Student in the US


As an international student in the United States, you may encounter various challenges, including cultural differences and financial shocks that can lead to unexpected expenses. However, by implementing effective money-saving strategies and leveraging the benefits of platforms like Zolve, you can navigate these challenges and make the most of your experience. In this blog, we will explore different ways for you to save money and manage your finances as an international student.

Section 1: Understanding Financial Challenges:

When you first arrive in the US, you may experience cultural differences and encounter financial shocks that could result in unexpected expenses. For example, dealing with roommates or engaging in online transactions may pose risks. It’s important to be aware that checks can take several days to clear, which means that the amount you initially deposit may not be final. In the case of bounced checks or failed transactions, you may face financial loss and even end up with a negative balance in your account.

Section 2: Be Cautious with Checks and Embrace Digital Payments:

To avoid the risks associated with checks, it is advisable to exercise caution when using them. Instead, consider embracing digital payment platforms like Zelle. Zelle functions similarly to India’s UPI (Unified Payments Interface) and offers a safer alternative to checks and PayPal. Digital payments are generally irreversible, providing you with a secure means of conducting financial transactions without worrying about potential reversals.

Section 3: Save Money through Scholarships and Choosing Affordable Universities:

As an international student, you can save money by actively pursuing scholarships and carefully selecting universities with more affordable tuition costs. While prestigious universities such as NYU may have higher expenses, it’s important to assess whether the additional investment is justified for your specific academic and networking goals. If your primary focus is academics and you are less inclined to engage in extensive networking and social activities, opting for a more affordable university may be a practical choice. Instead of investing in an expensive university, channel your resources into networking opportunities such as attending conferences and career events in different cities.

Section 4: Simplify Banking with Zolve:

Zolve offers a convenient banking solution tailored to the needs of international students like you. By applying for a Zolve bank account before your arrival in the US, you can have a bank account ready with FDIC insurance. One significant advantage of Zolve is its provision of a credit card without the requirement of a social security number. This allows you to build a credit history from day one, which is essential for various financial transactions in the US. Zolve also offers high credit limits, cashback opportunities, and eliminates transaction fees, making it an excellent banking option for you as an international student.

Section 5: Secure Affordable Health Insurance:

Navigating the complex landscape of health insurance in the US can be challenging and potentially costly. Many cheaper health insurance options may not provide adequate coverage when needed. To ensure your well-being and protect yourself from high medical expenses, it is advisable to obtain health insurance through your university, even if it comes at a higher cost. Prioritizing comprehensive coverage will provide you with peace of mind and financial protection.

Section 6: Wise Book Purchases and Graduating Early:

When it comes to textbooks, you can save money by avoiding immediate purchases unless they are absolutely necessary. Often, professors provide PowerPoint slides or alternative resources that can sufficiently support your studies. Before buying books or online subscriptions, consult with your classmates to determine if they are truly essential. Their input can help you make informed decisions and potentially find more cost-effective alternatives.

Additionally, consider the possibility of graduating early. Graduating in a shorter timeframe can reduce your housing and tuition fees, allowing you to enter the workforce sooner and start earning a full-time income. While this approach may not be suitable for everyone, it can be a viable option if you feel prepared and have secured a desirable job opportunity.


Being an international student in the US presents unique financial challenges, but with proper planning and strategic decision-making, you can save money and make the most of your experience. Embrace digital payment methods like Zolve, explore scholarship opportunities, choose universities wisely, prioritize comprehensive health insurance, and make informed decisions regarding textbook purchases and the duration of your studies. By implementing these strategies, you can optimize your finances and enjoy a rewarding academic journey in the United States.

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