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UAE students contribute AED243m to US economy

Transition into US education system easy for UAE students, thanks to prevailing multicultural ambience in UAE

The economic impact of UAE students studying in US universities and colleges is significant, as they contributed $66.06m (Dh242.63m) to the US economy during 2012-2013.

These estimates, from Dubai-based education consultancy Carian College Advisors, are based on the latest 2013 Open Doors Report on International Educational Exchange, released by the Institute of International Education (IIE) in partnership with the US Department of State’s Bureau of Educational and Cultural Affairs.

According to figures released by the US Embassy in Abu Dhabi, the number of UAE students studying in the US stood at 2,256 in 2012/2013.

“Over the years, there has been a steady rise in the number of UAE and international students joining US universities, as the US education system enjoys high reputation among UAE students,” said Peter Davos, Managing Director, Carian College Advisors.

The total number of international students studying in US colleges and universities reached a record high of 819,644 students during the 2012/2013 academic year

The IIE’s global report says that the economic contribution of the 819,644 international students in US universities and colleges and their families was remarkable, as they supported 313,000 jobs and contributed $24 billion (Dh88bn) to the US economy.

“This represents a 6.2 per cent increase in job support and creation, and nearly 10 per cent increase in US dollars contributed to the economy from international students overall in 2013 compared with 2012,” said Davos.

Davos noted that the UAE’s multicultural environment is a plus for students seeking educational opportunities in foreign countries such as the US. “[Students from the UAE] integrate more seamlessly into the US education system, thanks to the multicultural culture of the UAE and diverse curricula of its schools.

“The UAE hosts a wide range of American, British, Indian, and IB curriculum system schools, all of which are familiar to US Admissions officer,” he said.

© Emirates 24|7 2014