International student loans are available to non-US citizens studying at a college or university in the United States.
Many foreign students apply for loans to help pay for college - especially as the cost can add up when tuition, room and board, transportation, books, supplies, health insurance, and other expenses are all factored together.
International student loans are available year-round and can cover up to the total cost of school minus any other financial aid received. Our student loan comparison tool will match you with eligible loan options which you can review and choose the one that works best for your circumstances.
Compare Loans and Lenders
International student loans are available to non-US citizens studying at a college or university in the United States. Many overseas students take out loans to fund college, especially since the costs can add up when tuition, room and board, transportation, books, supplies, medical insurance, and other expenses are added together. International student loans are available year-round and can cover up to full tuition costs less other financial assistance.
Review and choose the one that best suits your circumstances. Compare loans and lenders, not all loans are created equal, so we have developed an easy-to-use comparison tool to help users find the option that best suits their situation. After you select your citizenship and school, the tool will display a list of lenders that will work for you. Compare the different conditions, choose the lender that best suits your needs and apply online.
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A co-signer is required for most (but not all) applicants Because international students do not build a credit history in the US, most lenders require that they have a US co-signer. A co-signer is a person who can legally sign loan papers or documents to help the other person obtain a loan.
The co-signer must be a US citizen or permanent resident with good credit, a history of earnings and have lived in the US for the past 2 years. The guarantor enters into a legal agreement to share responsibility for repaying the loan if the borrower fails to pay their debts on time. have high career potential and plans to graduate within the next two years.
You can use our loan comparison tool to see if you are eligible to apply for a no-cosign loan. Loan Details If you are studying in USA, you may need to get additional financial aid to make this dream come true. That is why we have developed a personal loan comparison tool for all lenders who issue loans to international students. We've made the process easy, quick, and straightforward by comparing lenders to help you secure your education in the United States. Private Student Loans for International Students Many international students studying in the United States will find that the expenses can add up.
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With tuition, books, transportation and living expenses many international students will soon find that they cannot fund their studies financially alone. , and they cannot get government student loans from the US government. However, don't let your dream of getting an education in the United States stop you. This is where private student loans come in Private student loans are available to international students to help meet these costs while studying at a university in the United States.
Cosigner Requirements
Most international students must have a US co-signer in order to apply for a student loan. Although there are no co-signer loan programs at select schools in the USA and Canada, almost all international students will require a co-signer. A co-signer is legally obligated to repay the loan if the borrower fails to pay. Oftentimes, the cosigner is a close friend or relative that can assist in getting credit since most international students cannot receive credit on their own. Co-signers must be US citizens or permanent residents, with a good credit score, and they must have lived in the US for the past two years.
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If you do not have a cosigner see if you're eligible for a no-cosigner loan.
Application Process
You can begin the loan application simply by doing a loan comparison that will allow you to choose the lender best suited for you. To make the process go as quickly as possible, you and your co-signer will need to complete the entire online application thoroughly. Initial credit approval or denial is very quick and typically takes 2-6 weeks from initial approval.
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