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If you’re an international student looking for ways to pay for college, here’s what you need to know about getting a student loan.Image source: Getty Images.
Canadian students attending colleges in the US may obtain loans through the Canadian government's Ministry of Skills, Training, and Labour. Alternative loans Canadian international students may apply for are the Canadian Higher Education Loan Program, [26] Global Student Loan Corporation (GLSC), [27] and International Student Loan Program (ISLP).
Mpower Financing offers its student loans to students who cannot typically qualify for a loan from other banks or lenders unless they have a co-signer or collateral. [1] Mpower Financing lends to students who are within two years from graduation. [2] Many recipients are international (non-American) and DACA students.
Student loans may be discharged through bankruptcy, but this is difficult. [2] Research shows that access to student loans increases credit-constrained students' degree completion, later-life earnings, and student loan repayment while having no impact on overall debt. [3]
Some lenders specialize in student loans for international students who may not meet the standard requirements for traditional private loans, though international students may need to have a co ...
Prodigy Finance specializes in graduate student loans for international students. Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief ...
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