US student loans are available for international students from around the world. We get many questions from you about the application process and one of our most frequently asked questions is whether international students need social security numbers in order to apply for student loans. The good news is that you don’t! Social Security Numbers…
Until recently loans for international students in Canada were not widely available – but things have changed. Read on for more! The Canadian Bureau for International Education reports that over half a million international students studied in Canada in 2018. That’s more than a 150% increase since 2010. As a result, Canada has overtaken France and…
If you’re reading this then you must be interested in comparing Study in the USA vs. Study in Canada as an international student. Well, you’re in the right place – because in this article we’ll cover some of the major benefits of studying in these countries. So let’s dive right in with Why you should…
Unlike scholarships and grants, student loans have to be paid back with interest. Therefore, you should always seek other “free” sources of funding before resorting to student loans. However, most students will require at least a small loan to cover the cost of their education, especially international students, whose funding sources are even more limited….
Finding a US cosigner is the most important thing for any international student looking to apply for a student loan. That’s because all international students (and most US students) are required to have a US cosigner living in the US, who is a US citizen or permanent resident, but also has good credit. Check out…
For any international student considering taking out a student loan for studying abroad it is vital to know what APR is and how it affects them. APR stand for annual percentage rate. Understanding the APR to your loan can be a bit confusing, as most people tend to confuse APR and interest rate. The APR…
It comes as no surprise that international students are interested in, well, interest. After all, interest – broadly defined as the money above and beyond the principal (original amount of the loan) paid to the lender in exchange for borrowing money – represents a significant financial burden for any kind of loan. That burden, however,…
