Student Loan
Discover student loan. Utilizing our comparison tool is the first step in comparing loans. Choose the college you plan to attend and the loan amount you require. The loans that fit your criteria will subsequently be visible to you.
Your Student’s Loan: Choose One. Next, compare the terms and conditions offered by the lenders at your school, then click Apply to begin the online application.
Complete the Application. Fill out the student loan application completely. You will often require a cosigner to complete the online application if you are a non-US citizen or permanent resident. However, some colleges and universities do not offer cosigner loans to international students. Additionally, cosigners are encouraged for US students.
Approval of International Student Loan
The loan approval process then begins when your loan application has been submitted. After reviewing your application, the lender will likely give you the go-ahead shortly after you submit it. Once your loan has been accepted, your school will start disbursing funds.
A Review of Your Student Loan
To make sure you select the loan that best suits your needs, carefully study your lender and loan specifics while comparing private student loans. You should compare and assess the following items:
| Monthly payments | The total cost of the loan | Annual percentage rate |
| Repayment period | Deferment option | Interest rate |
Cosigners
Describe the cosigner.
A cosigner is a person who signs a foreign student’s loan application with them. If the principal borrower is unable to make payments, the cosigner takes over responsibility for the loan. Most permanent residents and non-citizens of the US will need a cosigner with strong credit who has resided in the US for the previous two years. International students must list their cosigner on their application if one is needed.
No cosigner is necessary for US citizens or permanent residents to apply for a loan; nonetheless, a US cosigner can:
- Increase the likelihood that their student loan will be granted
- Reduce the amount of interest that students must pay
Remember that loans without a cosigner are accessible to overseas students attending particular colleges and institutions if you don’t have a cosigner. Check whether you qualify for a loan without a cosigner with the search tool above.
Student Loan Types
For students studying abroad, there are numerous student loans available. Both international students travelling to the US and American students studying abroad can apply for our US student’s loan. Please review the material below for further details on the specific student loan products:
International Students and Student Loan
International students from all over the world who want to study in the USA have access to the International Loan Program. A US citizen or permanent resident must cosign the loan with you, and you must be enrolled in one of the recognized schools. Without any application costs, International Student Loan provides cash that is given directly to you at low-interest rates.
Student Loan for International Study
For US nationals who want to take part in a study abroad program outside of the country, there is funding available through a study abroad loan. Students must be enrolled in and receiving the credit from an authorized school in the USA in order to be eligible. The money will be sent directly to you by your US school before you leave for your host nation.
Student Loan for Canadians
We provide the Canadian Loans to Canadian students who are currently studying or want to study in the USA. While most Canadian Student Loan applications require a cosigner who is a US citizen or permanent resident, there are some schools where cosigner loans are not an option for students. You can apply for a student loan online, and your US school will disburse money when you arrive and your semester begins.
Student Loan for Foreign-Enrolled US Citizens
When US nationals intend to enrol directly in a degree program abroad, they can get financial aid through the Foreign Enrolled Loan program. Borrowers can apply for up to the complete cost of attendance, less any financial aid obtained, using this private, alternative loan because it has large loan limits to pay the expense of attending school overseas.
