Private loans for International Students

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
spece212
Posts: 60
Joined: Sun May 17, 2009 6:39 am

Private loans for International Students

Postby spece212 » Tue Apr 05, 2011 1:35 pm

I am looking for financial resources for funding my JD at GWU starting Fall 2011. I have a few family/friends in the US with decent credit rating willing to co-sign my loan application.

Where do I start looking for private loans which would cover both tuition and cost of living? GWU does not recommend any particular banking institution for private loans.

Any suggestions from International students who have obtained private educational loans in the US would be highly appreciated.

spece212
Posts: 60
Joined: Sun May 17, 2009 6:39 am

Re: Private loans for International Students

Postby spece212 » Wed Apr 06, 2011 11:13 am

Bump

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SentinelsOfEvil
Posts: 124
Joined: Sun Jun 27, 2010 11:24 pm

Re: Private loans for International Students

Postby SentinelsOfEvil » Wed Apr 06, 2011 11:23 am

i'd like to know about this too if anyone can help...

jman77
Posts: 510
Joined: Tue Feb 16, 2010 3:33 pm

Re: Private loans for International Students

Postby jman77 » Wed Apr 06, 2011 1:43 pm

spece212 wrote:I am looking for financial resources for funding my JD at GWU starting Fall 2011. I have a few family/friends in the US with decent credit rating willing to co-sign my loan application.

Where do I start looking for private loans which would cover both tuition and cost of living? GWU does not recommend any particular banking institution for private loans.

Any suggestions from International students who have obtained private educational loans in the US would be highly appreciated.


Try Sallie Mae. I got a loan from them when I did my MBA 5 years ago and my rate is 2.125% (has never changed). My co-signer has a stellar credit score, though (close to a perfect score).

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Cats off to you!
Posts: 3
Joined: Thu Apr 07, 2011 8:18 pm

Re: Private loans for International Students

Postby Cats off to you! » Thu Apr 07, 2011 9:16 pm

Comparison chart of private loans:
http://www.finaid.org/loans/privatestudentloans.phtml

A note on Sallie Mae: applicants abroad need to send in a paper application (not sure if this applies to ALL international applicants), so you'll need to deal with their annoying robot phone system to get them to email that to you. Press some numbers until you get prompted to enter in a social security number, at which point, do nothing until past the "please participate in our survey" message and you'll get a real person. The call center is out-sourced so the quality of your operator is very hit or miss. Be ready with the FAFSA School Code (and campus code, if applicable) for your law school of choice.

Good luck!




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