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Sallie Mae one of the most trusted names in the students loan market, has various schemes for International students studying in the US. Certain basic conditions are to be satisfied so as to enable students to apply for such loans. They are as follows:
- Students applying for loan are not US citizens.
- Students should be attending a US college of university for short term abroad programs or full term degree program.
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Loans available for international students in United States
Having ensured compliance with the basic requirements stated by Sallie Mae lending company, let us now proceed to know the various loan schemes available with them
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Signature Students Loan:
It is a credit based loan which is privately insured. Students willing to apply for this loan are required to satisfy the following
- The student is enrolled at least half the time in a four or five year course in a college or university recognized by the US Department of Education.
- Studying a graduate or undergraduate degree program.
- The application is made along with a cosigner who is a US Citizen or a permanent resident.
MBA Loans:
The entire cost of the business education can be financed with the help of this loan.
- An international student is required to apply along with a cosigner who is a US Citizen or a permanent resident.
- Ensure the school you choose to study participates in this programs
- You are eligible to participate even if you are enrolled for a less than half a term course.
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LAWLOANS Private Loans :
You can finance the entire law program with the help of this loan
- Apply along with a eligible cosigner who is a US Citizen or permanent resident.
- Apply even if you are enrolled for a less than half the term program in a ABA approve graduate law program.
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October 9th, 2008 at 9:41 am
[...] More here: Sallie Mae loans for international students in United States [...]
October 9th, 2008 at 1:37 pm
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October 10th, 2008 at 5:30 am
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