10 Best International Student Loans In USA This Year

International students who have a social security number and a qualified cosigner can borrow loans from College Ave to fund their studies in the United States. Ascent offers different types of loans to international students including undergraduate loans, graduate loans, and career loans.

These loans can cover up the 100% cost of attendance including school-certified living expenses like housing and transportation. This can make life a lot easier for international students in the country. College Ave offers 4 flexible repayment options and up to 15 years of repayment terms to make repayments more manageable.

There is also no application fee and they have a quick online application process that can be completed in as much as 3 minutes provided that you have all the information ready before starting. They also offer a multi-year approval so you do not have to reapply for a loan again for another year.

International students in the U.S. can qualify for Ascent private student loans with a cosigner who can meet the minimum credit requirement. Ascent offers various credit-based loan options to international students including Undergraduate Cosigned loans, General Graduate School Cosigned loans, MBA Cosigned loans, Medical School Cosigned loans, Dental School Cosigned loans, and Law School Cosigned loans.

You can use Ascent loans to cover costs associated with your educational program including tuition and fees, room and board, books, and other college costs. They also offer 1% cash back at graduation from your program of study upon meeting certain criteria and you can earn up to $525 for referring a friend.

Through social media, Ascent loan borrowers can also have access to various scholarship giveaways that Ascent advertises on their social media accounts. Moreover, international students can get repayment terms up to 20 years depending on the type of loan they borrow.

Prodigy Finance ‌is an online lender that specializes in student loans for international students. They stand out because international students don’t require a cosigner to apply, and they have an easy online application process.

International students must be enrolled at least half-time, but part-time students can be supported on a case-by-case basis. Prodigy Finance supports students in more than 850 schools around the world with various repayment options.

Their loan rates start at 11.06% variable APR and loan amounts go up to $220,000.There is no prepayment penalty and no late fees. Loan terms are available for up to 20 years.

Sallie Mae is one of the most well-known private student lenders in the U.S. They’ve been providing student loans for over 50 years and their loans are available for undergraduates and graduates, including international students, studying in the U.S.

Sallie Mae covers up to 100% of your school-certified cost of attendance and surplus funds can be used for additional expenses like off-campus housing, computers, software, and transportation, among others. This makes them ideal for international students.

Another benefit of Sallie Mae is that they offer a very fast cosigner release option compared to other lenders. Borrowers can also do multiyear applications, giving international students with cosigners high approval odds.

Fixed loan rates start at 4.50% APR and they offer repayment terms of up to 20 years with a 0.25% discount for automatic payments. Sallie Mae has multiple deferment options available, including full deferment, $25 monthly, or interest-only payments.

There is a six-month grace period and cosigner release is available after 12 payments.

Founded in 2013, Earnest is a reputable fintech lender. They offer student loans to undergraduate and graduate students, including international students. They are known for their transparency when it comes to their rates, terms, and application requirements.

International students can qualify with a cosigner who is a U.S. citizen. Applying doesn’t trigger a hard credit check and you can borrow up to 100% of your total cost of attendance.

Their fixed loan rates start at 4.45% APR and Earnest has a nine-month grace period, which is longer than most lenders. They offer repayment periods of up to 15 years with the option of full deferment, fixed repayments, and interest-only payments. There is no cosigner release.

Discover Bank® offers private student loans to international students with an eligible cosigner. You can get loans whether you are pursuing an undergraduate degree, graduate degree, or a postgraduate degree as an international student in the U.S. Their postgraduate loans include Bar Exam loans and loans for Residency. International students do not even need to have a Social Security Number to borrow loans from Discover.

Discover can help cover the full cost of attendance of your program as long as it is certified by your school. This includes college-related living expenses like housing, rent, books, transportation, etc. Moreover, they have a zero fees policy and do not charge any application, origination, late, or prepayment penalty fees. You can also get a rate discount of 0.25% upon signing up for auto debit.

What makes this lender unique is the reward it offers for good grades. International students who maintain a GPA of 3.0 and above are eligible for 1% of their loan amount as a cash reward. You can get three different repayment options on their loans and their deferred repayment options have a grace period of 6 months.

MPOWER is the best choice for non-cosigned independent loans for international students. They do not even require a minimum credit for international students to apply as they lend on the basis of the student’s future earning potential.

International students can borrow up to the cost of attendance and can also benefit from the visa support and career services that this lender offers. Moreover, international students who get approved for MPOWER student loans automatically qualify for a Zolve credit card and a U.S. bank account.

Even though MPOWER does not have a credit requirement, they do review your history if there is any built in the U.S. or country of origin. You can also get a refinancing loan as an international student. However, they do charge a higher interest rate for their loans which might make the loan expensive. Moreover, they only offered a fixed rate of interest and a single repayment term of 10 years.

As one of the largest banks in the U.S., Citizens Bank was founded in 1828 and offers private student loans, as well as personal and business financing products. With multi-year approvals, students can easily fund their four-year stay in college with only one application.

International students can qualify for a loan with an eligible cosigner that is a U.S. citizen or permanent resident. A cosigner release is available after 36 loan payments.

Fixed rates for undergraduate loans start at 4.43% APR with repayment periods of up to 15 years. Borrowers can also get up to a 0.50% discount if they are Citizens Bank customers.

Loans are available from $1,000 up to the total cost of education. There are no origination fees, no application fees, and no penalty fees for early repayment.

International students who are enrolled at an eligible school at least half-time in a degree-granting program can borrow from EdvestinU with an eligible cosigner who is either a U.S. citizen or a permanent resident. It is a nonprofit lender and it lends both to undergraduates and graduate students studying in most of the states of America.

EdvestinU is a good option for international students due to its high aggregate borrowing maximum of $225,000. Students may borrow up to the cost of attendance that includes school-certified cost of living, minus any aid that you may have received. Multiple repayment terms of up to 15 years also allow students some flexibility in loan repayments.

They do not have any application or origination fees and charge no prepayment penalties. However, there is a 5% charge on late payments. In case of economic or financial hardship during the repayment period, some students may be eligible to qualify for an Economic Hardship Deferment or requesting a Discretionary Forbearance which postpones the repayments for a certain amount of time.

Brazos Higher Education is a non-profit organization based in Texas. They offer undergraduate and graduate student loans, including international students, and are best for borrowers or cosigners with good credit scores.

Loan amounts start at $1,000 and can cover up to 100% of your total cost of attendance.

Brazos is ideal for students in Texas and international students can qualify with a cosigner. Loan repayment terms are available for up to 20 years and they have low APRs starting at 2.77%.

You can easily pre-qualify with only a soft credit check and there is no origination fee. There are no prepayment penalties or late fees.