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International student loans will be harder to get
this year, as lenders have increased their credit criteria for
private loans. And international student loans will be more
expensive, as lenders have also increased their interest rates.
These are unfortunate truths that have come about as a result of the
Credit
Crunch. Now more than ever, use scholarships, personal and
family funds, and any other money you can to reduce the amount you
need to borrow.
However, international student loans are still
available. If you attend an approved
school in the United States, and you have a credit-worthy US
co-signer, you can apply for a loan of up to $70,000 per year for
medical, dental, business or law school, and up to $50,000 per year
for undergraduate or graduate study. Loans fund quickly, in as
little as 5-10 days from a completed application, so there is still
time to apply for funding for your fall semester. Loans are also
available for US students going abroad.
Visit International
Student Loan for more information.
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