ERIC Number: ED331364
Record Type: Non-Journal
Publication Date: 1990
Reference Count: N/A
OSEAS/ADEC Blocked Currency Survey. NAFSA Working Paper #12.
National Association for Foreign Student Affairs, Washington, DC. Field Service Program.
Recognizing the need to fill the gap of knowledge concerning currency restrictions, a survey was conducted with the aim of creating a database and directory listing currency restrictions in the world, and also to alert overseas advisers and their U.S. counterparts to the difficulties international students may encounter when trying to obtain funds to pay tuition and fees. Survey results are presented in the following categories: (1) country and current exchange rate (correct as of March 1990); (2) restrictions on spending currenty to the United States from home country and conditions, if any, imposed by governments and central banks; (3) anticipated duration of restrictions; (4) restrictions on pre-admission fees as well as difficulties students may experience trying to get money orders to pay for application and test fees; (5) amount allowable to bring to United States; (6) amount allowable to transfer to United States; (7) restrictions on funds for dependents (spouse and/or children); (8) documents needed to transfer funds; (9) special exchange rates for students; (10) dollar amount accounts allowed in local banks; (11) CHIPS banks (worldwide electronic system for clearing checks). (16 tables) (LPT)
Descriptors: Compliance (Legal), Fees, Financial Needs, Financial Problems, Foreign Countries, Foreign Students, Higher Education, International Trade, Study Abroad, Tuition
NAFSA Publications Office, 1860, 19th Street, N.W., Washington, DC 20009.
Publication Type: Reference Materials - General; Reports - Research
Education Level: N/A
Authoring Institution: National Association for Foreign Student Affairs, Washington, DC. Field Service Program.