The International Student Loan Center provides international
students and study abroad students with access to a range of loan products to
help fund their education abroad. Get started by finding your student loan in
just 10 seconds.
|
4 Steps To Find Your Student Loan
Find Student Loans. To compare loans, the first step is to
use our comparison tool above. Select the college you will be attending and the
amount of money you need to borrow. You can then see the loans that meet your
criteria.
Select Your Student Loan. Next, see what lenders are
available at your school. Compare the terms and conditions and click apply to
start the online application.
Fill Out Your Application. Complete the loan application for
the lender. If you are a non-US citizen or non-US permanent resident, you will
need to have a cosigner complete the online application as well. US students
are also encouraged to have a cosigner.
Get Approval. Initial approval is often within days or weeks
of your completed application. Funds from your loan will be disbursed by your
school once it has been approved.
Examining Your Student Loan
When you are comparing private student loans, it’s important
to consider any fees, rates, and repayment options to ensure that you are choosing
the loan that works best for your needs. You should evaluate and compare the
following:
Monthly payments
Total cost of the loan
Annual percentage rate
Repayment period
Deferment option
Cosigners
All non-US citizens and permanent residents will be required
to have a cosigner with good credit who has lived in the US for the past two
years. International students will be required to include their cosigner on
their application.
US citizens and permanent residents are not required to have
a cosigner for their loan application, however a US cosigner can:
Increase the likelihood of getting approved for their
student loan
Reduce the interest rate students are required to pay
Types of Student Loans
There are many student loans designed for students studying outside
their home country. Our US student loans are available for non-US students
coming to the US as well as US students studying in a foreign country. For more
information about the particular student loan products, please see below:
Student Loans for International Students
The International Student Loan Program is available to
international students from around the world who are looking to study in the
USA. You have to be attending one of the approved schools and you must also
have a US citizen or US permanent resident to cosign the loan with you.
International Student Loan offers funding that is disbursed directly to you
with competitive interest rates and no application fees!
Student Loan in
India for Study Abroad
A Study Abroad Loan provides funding to US citizens who are
looking to participate in a study abroad program outside of the USA. To be
eligible, students need to be attending and earning credit at an approved
school in the USA. Your US school will disburse the funds directly to you prior
to departing for your host country.
Student Loan for Canadian Citizens
For Canadian students studying or planning to study in the
USA, we offer the Canadian Student Loan. Students applying for the Canadian
Student Loan will require a US citizen or permanent resident cosigner. Student
loan applications can be done right online and your US school will disburse
funds upon arrival and the start of your semester.
Student Loans for US Citizens Foreign Enrolled
The Foreign Enrolled Loan program provides US citizens with
funding for their education when they plan to enroll directly in a degree
program abroad. This is a private, alternative loan that offers high loan
limits to cover the cost of school abroad, so borrowers can apply for up to the
total cost of attendance minus any other aid received.
Nice Article ... to know more about Education loan Calculator India visit here
ReplyDeleteThank you for this informative Article ... I have applied for Study loan and looking for greater future ahead.
ReplyDeleteThank you for this informative Article.... As i am Preparing for further studies and Avanse guided me so well about the Education loan Procedure.
ReplyDeletevery nice article... to know more about Abroad Study Loan
ReplyDeletevisit here