Student Loans for US Students Abroad
Over 200,000 US Citizens study abroad each year, and this number is set to increase dramatically over the coming years. Funding for such programs is hard to come by, however International Student Loan can now provide you with loans specifically designed for those who are studying abroad, are foreign enrolled in a school abroad or Stafford Loans. As always, US citizens should maximize their borrowing under Stafford and other federally subsidized loans before resorting to private loans.Study Abroad Loans for US Citizens
Loan Program for Study Abroad students around the world
We offer Study Abroad Loans to US Citizens and permanent residents who are planning to study abroad through a school sanctioned study abroad program at either the undergraduate or graduate level, while attending an approved school within the USA.
You should always apply for as much in federal loans as possible before you resort to private loans. However, for our Study Abroad Loan there is no need to complete a FAFSA, other benefits of the Study Abroad Loan include:
- Borrower up to the total cost of attendance, less other aid
- Flexible repayment terms
- Thousands of approved schools
Foreign Enrolled Loans
Student Loans for US Citizens Enrolled in Foreign Schools
For US Students who are planning to enroll directly in a foreign school, your funding options are a lot more limited than for those studying in the USA. Exchange rates continue to eat away at the value of a dollar, making it even more expensive to study overseas. However, International Student Loan provides you with a complete funding source to cover your education costs in a foreign country.
The most economical way to fund your education when you are enrolled in a foreign school is to borrow all you can on Federal Stafford Loans. But typically you will need a lot more than is available through the Stafford program, so you can then borrow any remaining funds that you need through our Foreign Enrolled Private Loan. Many students choose to fund their entire education with a Foreign Enrolled Loan.
Co-Signer Required for All Applicants The co-signer must be a US citizen or permanent resident, with good credit and income history, who has lived in the United States for the past two years. |
Foreign Enrolled Private Loans offer:
- High funding limits up to $50,000 per year for undergraduate and graduate, and up to $70,000 per year for business, dental, law or medical school
- Fast online application and approvals
- Three repayment options available, including full deferral while in school at least half-time
- No application fee and no out-of-pocket costs
- Hundreds of approved foreign schools, including medical, dental, business and law schools
Please learn more about your foreign enrolled options:
Loan Information | Frequently Asked Questions | Apply Now
Stafford Loans
Federal Stafford Loan Program
Stafford loans are provided by private lenders under a federal government program and provide an excellent educational funding resource for US citizens and certain eligible non-citizens. International students in the US are not eligible for Stafford loans, but US students studying abroad or directly enrolled in an approved foreign school should apply for as much Stafford loan funding as possible and apply for a private loan to meet any remaining need. We partner with StaffordLoan.com to procide you access to Stafford and other federally-guaranteed loans.
To apply for a Stafford Loan, you first must complete the Free Application for Federal Student Aid (FAFSA) or Renewal FAFSA. After the FAFSA is processed, your school will review the results and you will receive an "Award Letter" informing you about your loan eligibility. You may then apply for the Federal Stafford loan. If you have not already submitted your FAFSA, you can complete the FAFSA online at FafsaOnline.com.
Learn more about the Stafford Loan Program:
