Study Abroad Scholarships serve as a bridge for students who want to study in another country. The good news is that financial aid and scholarships can make studying abroad more unchallenging. In 2019, around 1.1 million overseas students were enrolled in American colleges, accounting for 5.5 percent of the overall student body. Most of these students were from China (35%) followed by India (18%), South Korea (5%), and Saudi Arabia (1%). (3 percent).