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Best Student Loans For International Students In The US – Study Free In USA
The essence of a student loan for international students in USA should not be underestimated because it can fund your education and also prevent any significant challenges when it comes to your studies.
You may not be able to explore the federal student loans but there are still certain options that are available to ensure a smooth academic journey.
This article talks about some of the best student loans for international students in the USA by providing valuable information
List Of Student Loan For International Students In The USA
1. Prodigy Finance
Prodigy finance is a popular student loan platform for international students in the USA. If you want to pursue degrees in the STEM fields, then we suggest you should make this loan program your best choice.
Although Prodigy Finance belongs to the UK, it offers loans for international students planning to pursuing their education in the United States.
Loans are evaluated based on the student’s earning potential. They don’t focus on your financial situation or credit history.
2. MPOWER Financing
MPOWER financing is well known among many and which is why it is considered as the prominent student loan for international students in the USA.
This platform offers a holistic approach towards students who are passionate about their educational goals.
Beneficiaries to this scheme are also have the opportunity to explore various career support services including resume reviews and Jon placement assistance.
While applying for this loan your credit history is usually evaluated.
3. Discover Student Loans
Discover student loan is a famous financial service company that offers student loan for international students in the USA, particularly those who meet the stated requirements.
This platform is different from Prodigy Finance and MPOWER because applicants must be credit worthy and those also need consigner who is also credit worthy to facilitate their application.
The cosigner must also be a US citizen. Discover offers competitive interest rate and flexible repayment options.
4. Ascent Funding
Ascent Funding does not only offer student loans to international students in the USA, but also to the country’s citizens. The lucky ones are those who meet the requirements.
Just like Discover Student Loan, the process won’t be facilitated unless the applicant provides a worthy and qualified consigner.
A benefit of this platform is that the loan options provide fixed and valuable interest rates for students to choose their desired loan structure based on their financial situation.
5. Citizens Bank
Known as a traditional bank, it a acts a credible financial institutions that offers student loans for international students in the USA.
A qualified co signed is also required in this situation to establish trust and loan repayment commitment.
The repayment options appear on such a way that applicants will find them attractive to meet every specific criteria.
Citizens Bank is unique because of the multi year approval offered by simplifying the process of securing funding for subsequent years.
6. Sallie Mae
Sallie is considered as a messiah when it comes to offering student loans for international students in the USA.
Although their priority is serving domestic students, the financial institution also grants some concession to international students having a strong passion for pursuing their desired degree in the field.
International applicants along with their cosigner must be credit worthy inorder to facilitate the loan approval. Fixed and variable interest rates options are also available for ease and convenience.
7. Educate Loans
Educate Loans is another platform that you can consider. They also provide financial solutions to meet the needs every international students in the USA.
The most important aspect of getting a loan from this institution is having a good credit score and meeting the requirements even though they appear to be strict.
This company works with other universities to ensures that your education future is in good hands.
Conclusion
Although our list of student loans for international students going to the USA may not be exhaustive, you need to understand they are very credible.
Put your trust in them as they provide financial support and solutions to your education by securing a rewarding career path in the future.
FAQs
How much bank balance is required for a US student visa?
There isn’t a fixed amount set by the US government for international students, but it’s suggested to have at least USD 18,000 in your bank account. This shows US immigration that you can cover one year of study expenses.
Who is eligible for student loans in the US?
To qualify for federal student loans, students need to submit the Free Application for Federal Student Aid (FAFSA), be enrolled at least half-time, and be a U.S. citizen, permanent resident, or eligible non-citizen.
Can international students get financial aid in the USA?
International students can’t access federal financial aid, as it’s only available to U.S. citizens or eligible non-citizens.
