Title: study loan abroad
1Study Loan Abroad
2 3Students who choose to study abroad will likely
find that the expenses will add up fast. With
tuition, books, transportation, and living
expenses, study abroad students may find that
after all their financial aid, they still need
more money to cover their expenses. If youve
maximized your scholarships, grants, and federal
loans, then you may consider applying to private
study abroad loans that can help you cover the
costs. Our loan comparison tool will allow you to
compare loans and find the loan thats suitable
to meet your needs and you can apply right
online.
4Understanding the Loan Process
- As a study abroad student, you can apply for our
loans anywhere in the world. Use our compare
student loan tool to begin the process - Complete the student loan tool where youll be
matched with lenders - Evaluate which loan option works for you, and
apply right online - Your loan will be evaluated and if approved, will
need your schools authorization - You will need to sign a Promissory Note and
supply any other requested information - Funds will be disbursed directly to your school
5Am I eligible for Study Abroad Loans
- Students who are US citizens and permanent
residents are eligible for study abroad loans if
they are participating in a study abroad program
at an approved school in the United States. The
student must receive credit at their home college
or university. If you are not sure if your school
is eligible, see the complete list of eligible
schools. Your school must be accredited by an
agency recognized by the United States Secretary
of Education and be eligible to participate in
federal student aid programs.
6Are Cosigners Required
- US citizens and US permanent residents are not
required to have a consigner, but often times the
addition of one can increase the likelihood of
approval as well as secure a more favourable
interest rate. Your consigner must also be a US
citizen or US permanent resident that has lived
in the US the last two years. Your consigner must
have a valid social security number and pass a
credit check.
7What Study Abroad Loans Are Used For
- Like all private Study loan abroad student
loans, study abroad loans can be used for
education-related expenses. These expenses
include tuition, books, fees, insurance,
transportation, room and board, and other
school-related expenses. You can borrow the total
cost of your education minus any other financial
aid you have received. Your school will certify
the total amount you are able to borrow.
8Find Your Student Loans
- Start your application today, or learn more about
the study abroad loan in the Loan Details
Read more on Study Loan Aboard
http//www.avanse.com/studying-abroad/
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10Source http//www.internationalstudentloan.com/
study_abroad/
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