International Student Services

August 12, 2022

Shih International Student Loan

UW international graduate and undergraduate students are eligible to apply for the Shih International Student Loan. The loans are made possible through a generous gift from Jeff Shih, a Seattle and San Francisco businessman and are intended to help international students in financing their education and completing their degree objectives.


  • Students receiving funds from their governments, U.S. permanent residents, and naturalized U.S. citizens are not eligible for this loan.
  • Graduate students must be enrolled for 5 credits or more during the quarter in which they receive the loan. Undergraduate students must be enrolled for 6 credits or more during the quarter in which they receive the loan. (Students registered for less than the credits mentioned may receive the loan on an exception basis; special procedures are required.)
  • Shih loan recipients are expected to maintain satisfactory academic progress and scholarship during the loan period.

Details about the loan:

  • The total amount a student may borrow in this program throughout the course of his or her graduate/undergraduate career is $15,000.
  • The terms of the loan include a 4% interest rate. (Should the student elect to repay the full amount of the loan while still enrolled full-time at the UW, no interest or service fees will be assessed.)
  • Most loans have a grace period before you have to start repaying – the Shih Loan grace period is nine months. Your grace period starts the day after you leave school, graduate or drop below half-time enrollment before your repayment begins. You don’t have to begin making payments until your grace period ends. (Should a student’s enrollment drop below the 5-credit [graduate student] or 6-credit [undergraduate student] per quarter level, the nine-month grace period would begin.)
  • Your monthly repayment amount will be determined by the loan amount you borrow.
  • The total amount of the loan must be repaid within ten years.

How to Apply:

Due to the high demand in this institutional loan program, if you wish to be placed on the wait list for the academic year of 2022-2023, email Lisa Whitehead (Associate Director, Office of Student Financial Aid) at for more information.