International students who want to borrow money to pay for school may think about a few different choices. International students can choose from a variety of loan choices, such as:
- Private loans from a lender other than the government.
- Bank loans can also be used for international students.
- Loans for students from their own country to study overseas.
Best International Student Loans
Juno
You may get started as an international student by registering for free. You are not required to submit to a credit check, and there is no commitment or expense. Juno will ask its partner lenders to submit proposals for your company after grouping you with other possible borrowers.
- You must be a current or former student at a U.S.-based, Title IV-accredited, non-profit university.
- There are loans available in D.C. and all 50 states.
- Each partner lender will have different restrictions for additional co-signers and borrowers.
Earnest
Earnest provides a large range of student loans, including refinance loans and even specialized graduate loans. If they fulfil certain requirements, international students are able to apply without a co-signer.
- You need to have a real address in the United States.
- An SSN or ITIN is required.
- Your co-signer needs to have three years or more of credit history and a credit score of 650 or higher.
- You must be enrolled at least half-time if you’re an undergraduate.
Ascent
Depending on your loan type, the lender offers a variety of repayment options. Also, depending on your loan program and circumstances, you may be able to defer payments for up to 9, 36, or 48 months after graduation.
- A creditworthy co-signer who is a citizen or permanent resident of the United States is required for international students.
- Co-signers are required to earn at least $24,000 per year.
- Able to provide evidence of their income.
Credible
Get pre-qualified with several lenders at once with Credible if you’re not sure of your eligibility. Both Credible and its partner lenders do not impose origination fees or charges for prepayment in exchange for their services.
- Have a credit score that qualifies.
- Participate in an educational program that qualifies.
- Have a high school degree or its equivalent and be at least eighteen years old (or have a co-signer).
