How Our International Student Loan Comparison Tool Works

How to Find an International Student Loan in 10 Seconds If you are an international student or study abroad student and you’ve decided to apply for student loans, then you are on a fast track to getting financial assistance to fund your education overseas. Whether you need help covering the full cost of your education, or if you are just looking for some extra help to cover the gap, we can help you find your student loan with our International Student Loan Comparison Tool.

Applying for a Student Loan

Here’s how our international student loan comparison tool works. This first ever international student loan comparison tool will match you with available lenders that work with international students at your college or university. The whole process can take approximately 14-60 days depending on when you apply so be sure to get started early. The good news is that you can apply for an international student loan throughout the year.

Complete the student loan comparison questions

To use our student loan comparison tool, you will need to select your citizenship and school from the drop-down menu above. If you are a non-US citizens, you will also need to have a US cosigner who is a US citizen or green card holder with good credit who has also lived in the US for the past two years.

Evaluate your loan options

After answering these questions, you will be matched with a list of lenders depending on the school you attend. You may have a number of lenders that you can evaluate and see which of your options best meets your needs.

Select the student loan to apply

All of our lenders allow you to apply online for your international student loan. To begin, click the “Apply Online” button that will take you directly to the loan application process.

Complete the loan application

The loan application process will vary depending on the lender’s application process. You can borrow up to the full cost or your education, minus other aid that you’ve received. If you will have a cosigner on your loan, you will need to have them complete their part of the application process as well.

Be sure to have the necessary paperwork at your fingertips including your social security number (if applicable), driver’s license (if applicable), employment information (if applicable), list of references, as well as your cosigner’s information and their email address.

Pre-Qualification

In most cases, once you have applied for a student loan you will be notified within minutes about whether you are automatically eligible. Depending on the lender, this can take up to 48 hours

Complete Additional Documents

Once your loan has been reviewed, you will be asked to sign additional documents to finalize the loan. You will receive a document called the Truth in Lending Disclosure which is provided to you by law and will need to reviewed and signed before any funds can be disbursed. Your lender can also ask for your choice of repayment before finalizing the loan.

Approval and Finalizing

When your application has been approved, you will need to sign both the Self Certification Form and Master Promissory Note to finalize the loan. This is typically done right online to certify that you agree to the terms and conditions.

School Certification

Once the lender has approved your application and you’ve agreed to the terms, your school will be contacted to certify the loan. This includes verifying eligibility, that you are enrolled at the institution, and that you are not taking out additional funds beyond the total cost of your education. At this step, you will not need to do much as this is handled between the lender and your school.

Disbursement of Funds

Once your school certifies your loan, the funds will be sent directly to your school within a few days. Your school will need to process payment and get the money out to you. Contact your Financial Aid office to learn more about how and when your school will disburse payment.

Watch videos and learn more with our International Financial Aid Resources center

Find My Student Loan

Use this comparison tool to find the right international student loan, study abroad loan, or foreign-enrolled loan for you.