Many German students studying in the US take out international student loans to help fund their studies since most people pay for their education out of pocket, or with help from their parents. Oftentimes studying in the US can be expensive when considering the cost of tuition, books, travel, room and board, transportation, etc. Of the 10,160 German students in the US last year, many German students found that even with the help of scholarships, grants, and institutional aid, they were still coming up short.
Many of these students borrowed money through international student loan programs to help cover the funding gap. These loans allow students to borrow as much as the total cost of their education, and provide flexible terms and conditions.
If you are looking for a loan and need help narrowing down your options, our Student Loan Comparison tool can help! Simply select your citizenship and school and you'll be matched with a list of lenders that will work for your school. From there, you can:
German students can apply for the total cost of their school's attendance, as determined by their school, minus any other aid received. Total cost of attendance includes room and board and other living expenses. German students are required to have a US citizen or permanent resident as a co-signer to apply for this loan.
If a co-signer is required they must be a US citizen or permanent resident, with good credit, income history and who has lived in the USA for the past 2 years.
International student loans typically offer:
As a NAFSA Global Partner, and with an A+ Reliability Rating from the Better Business Bureau, International Student Loan is the best destination for German students to fund their US education.
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Are you a US student planning to study in Germany? If so, check out our list of approved schools in Germany to see if you are eligible for a study abroad or foreign enrolled loan.