How to Access a Student Loan as an International Student in the USA

How to Access a Student Loan as an International Student in the USA

This guide on how to access Student Loan as an International Student in the USA came as a result of searches traced to students who struggle to gain access to certain funds needed for studies.

Student loans are funds given to students who are in pursuit of their academic careers. These funds which are paid back over a given period of years with or without interest are only issued to students who meet the loan requirements.

Student loans are mostly on an agreement between the students and the lenders; which could be banks, Government, academic institutions, individuals, companies, etc so the students can use it for academic purposes and payback after they must have completed their education and have started working.

Some extensive loans come with interest while others are free interest loans and it all depends on the lender’s purpose and policies for the loan.

Why Do Students Need Loans?

In different countries, many families have been harnessing all the available financial resources within their reach to support student’s (their children’s) education and vocational programmes amidst the world’s economy which keeps getting tougher on humans daily.

But as a result of the limited available resources, most of these families/students lack the needed financial powers to fend for their education and learning programmes.

Thus over the time, some Governments, institutions, individuals or companies have on humanitarian base given out loans to both local and international students to support students with the academic capacity.

And the willingness to pursue their career in the educational discipline(s) of their choice in order to reduce the financial barriers that most often sabotage the successful accomplishment of their goals in education.

If you are a student that needs a loan but isn’t accessible for you. You can check these scholarships listed below to help you further your education.

2021 Top 7 Best Scholarships in Belgium for International Students

$4000 Wallin scholarship 2020-2021 | Apply for Education Partners

$3000 Youth Forward Scholarship 2020- Application Details


Where Can International Students Get These Loans?


Most countries have institutions that give study loans to international students (for foreign students to come and study in the USA) or to study abroad (for USA students who have an interest to pursue their education outside the US).

And the students who enjoy these student loans are provided access to a reasonable financial amount that will cover their tuition fees, accommodation, and transportation for academic purposes while. You must understand these typical characteristics of international student loans:

International student loans require no collateral, it mostly through an online application, it does not pose rigid repayment terms and more.

We are going to show you countries and institutions who offer these study/student loans that will help you to accomplish your academic goals in the shortest possible time.


International Student Loan is owned and operated by Envisage International Corporation and it is one of the top 2p  companies that has been helping international students in the US and abroad students finance their international studies since 1998.

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They have one of the best financing options available for international study.  Click to see loan options for international students https://www.internationalstudentloan.com

Student Registration and Financial Services


Student Registration and Financial Services (Penn) offers personal finance education to international students, tools, and resources to help international students improve their financial well-being. 

“Penn meets 100% of demonstrated undergraduate need”. Learn more on how to apply and benefit from Penn International Student Loans https://srfs.upenn.edu/

Prodigy Finance

Prodigy Finance is another option for international students to get international students to study loans.

In 2007, three MBA students recognized that traditional banks don’t serve the needs of international borrowers: requiring collateral, co-signers, guarantors, or documentation that students simply don’t have.

They made it their mission to make quality education accessible, using fintech to redefine the student loan market”.

So any international student ready and willing to get a loan to study in Schools supported by Prodigy Finance.

See the forms of loan they https://prodigyfinance.com/ offer to international students.

Mpower Financing

Mpower Financing is a trusted International Student Study Loan Lender established in 2014.

They are not just an International student lender, they also set students up for academic, professional, and financial successes https://www.mpowerfinancing.com/ you may want to consider applying for loans with them for timely and optimized service.

Citizens Bank

“Citizens One is the brand name for Citizens Bank’s lending business outside of the bank’s 11-state branch footprint.

Citizens Bank, the 13th largest retail bank in the United States, delivers a broad range of financial services to over five million individuals, companies, not for profits, and institutions”.

They have a good loan package for international students and abroad students.

However, you can enroll for your student loan here https://www4.citizensbankonline.com/efs/ui/enrollment/index.html. Citizens One is one of the largest financial institutions in the USA, with $176.7 billion in assets as of March 31, 2020. 


More importantly, the International Student Study Loan Lenders listed above are just a few among many financial institutions that give students the opportunity to receive loans and payback after the completion of their schools.

Consequently, International students now have numerous options to choose from than ever before to satisfy their distinct demands within the study time.

Any student who is seriously in dire need to study in the USA but has been facing a lot of financial challenges can now take the bull by the horn; because the ability to access Student Loan as an International Student in the USA is a reality.

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