While student loans can seem confusing and complicated, never fear! As long as you’re armed with the right documents and information, you’ll be more than prepared to take on the task of applying for and choosing the right student loans for you. Here are our top 3 tips for understanding the student loan process. 1. Don’t…
Now is the time to prepare yourself for the school year ahead. If you’re planning to apply for a student loan, make sure you know and understand the terms and conditions of your loan options so that you can make an informed decision and plan ahead to repay your loan accordingly. If you’re like most…
You may be surprised at how frequently Americans whip out a debit or credit card from their wallet for the majority of their purchases, even for seemingly small things, like their morning coffee. Many other countries rely largely on cash, thus the idea of credit, credit cards and credit scores may literally be a foreign…
We know first hand that wading through the jargon of legal documents can be extremely stressful. Since a complete list of student loan lingo would stretch around the block and back, we’ve opted for practicality and broken down (what may be the most important) 3 terms you must understand to evaluate student loans. Deferment –…
How much should I borrow for my international student loan? Great question. Going to school overseas is a big decision and may require you to take out a student loan since it is expensive and most of us don’t have large amounts of money just laying around. But how large of a student loan can…
No one likes the word “budget,” and for good reason, since we all want to spend our money in the best ways we see fit. Unfortunately that isn’t always possible. We create budgets for a number of reasons, such as saving up for a big-ticket item like a new vehicle or a big trip, and…
If you are unable to take out a loan because of no credit (that’s you, international students!) or insufficient credit history (that could be you, US students!), you will need a cosigner. Basically this person is offering their credit score and financial history to cover your lower score, or lack thereof. Luckily for you, this…
If you are a student studying overseas, then you will most likely be paying more for your education than most students. While it’s worth the experience, you may find that the expenses add up to more than what you have available. In cases like this, you may want to consider an international student loan or…
