The following article is regarding student loans for international (non-USA) students who want to study in the US, and not US students looking to study abroad. The number of international students studying in the USA continues to increase year after year, and thus the need for international student loans is always on the rise. However, given the state of the US economy, the availability of loans for international students has been severely impacted. Even though international student loan availability has been impacted by the credit crises here in the US, it does not mean that international student loans are not available.
There are still lenders who are able and willing to provided non-US Citizens from all around the world who wish to study at approved schools throughout the USA. Often, international students want to know “how to secure an international student loan without a US Citizen as a cosigner?” and the general answer to that question is, that you can’t. However, the good news is that there are willing US cosigners out there, and once you obtain one; there are international student loans available to you. International (non-USA) students who want to study in the US, and who have a US cosigner for their student loan, typically for standard international student loans, students can borrow up to their school’s cost of attendance. To get started, search for international student loan lenders, and contact the financial aid office at your college for help.
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