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Student Loans For International Students In USA Without Cosigner In 2022



Getting student loans for international students in USA without a cosigner may seem impossible, but there are options.

In this article, infoexpert24 explores all the means an international student can use to get a student loan with or without a cosigner

What is a student loan?

A student loan is a type of loan designed to help students pay for post-secondary education costs such as tuition, books, supplies, and living expenses.


Can International Students Get Loans?

Before applying for a private student loan, non-U.S. citizens should check to see if they are eligible for certain types of federal financial aid. Certain groups of people are considered “eligible noncitizens” and may qualify for federal student loans

Some private lenders offer no cosigner student loans and this guide can help you find one.

Information on cosigners
No-cosigner loans


Who Qualifies for an International Student Loan?

International students must meet the eligibility requirements required by the lender. In most cases, this includes being enrolled at least half-time at an eligible school and having a creditworthy cosigner.

DACA recipients with a Social Security number have more options than students without. Student loan companies like College Ave and Earnest offer competitive rates and terms, but they require international borrowers to have a cosigner and SSN.

How to find and compare international student loans

Information on Cosigners


As an international student in the United States, or coming to the US, you will be required to have a cosigner most of the time when applying for a loan. Cosigners must be US citizen or permanent resident who has lived in the US for the past two years and has a good credit history.

Since most international students in the US do not have a credit history, a cosigner joins the standard application process. Approval and rates are based on the credit score of the cosigner and they are legally bound to repay the loan if you (the borrower) are unable to pay.

If you don’t have a credit-worthy cosigner, you won’t qualify for most international student loans. However, there are still a few options available to international students, and on this page, we’ll give you the information you need on private international student loans that don’t require a cosigner.


Student Loans For International Students In USA

No-cosigner loans

International Student Loan no cosigner

Although a cosigner is typically required by most lenders, international students attending certain colleges and universities in the US and Canada are able to apply without one. If you’re not able to find a cosigner then this type of loan could be a good option for you.

With no-cosigner loans, instead of looking at credit history, the lender will look at your academic success and career path. A few factors they will take into consideration include your home country, graduation date, and what school you attend.


Private international student loans are offered through non-government lenders. There are a number of private lenders that offer loans for international students, each with their own eligibility requirements. However, only select lenders offer loans to international students that don’t require a cosigner.

Before choosing a lender, it’s important to do your research and find a lender that will offer you a loan that meets your needs. You can use our international student loan comparison tool to get information from the student loan companies that work with international students in just a few clicks.

How To Find And Compare No-Cosigner Loans

If you’re an international student and would like to explore the option of a loan that doesn’t require a cosigner, you’re able to use our loan comparison tool to see if your school has one available. If so, you can then research the terms and conditions of the loan and apply directly through the lender. When researching a loan a few items you will want to take note of include:

  1. How much you can borrow
  2. The interest rate (including if it’s fixed or variable)
  3. The repayment period
  4. When and how your funds will be disbursed

Once your loan application has been reviewed you will receive details on your loan including your interest rate and how much you can borrow, these items will vary by lender and your situation. For example, no-cosigner loans through one of our partners have a fixed interest rate of 11.99%-13.99% and allow you to borrow up to $25,000 per academic period, or $50,000 total.

On your application, you must state how much you would like to borrow. The approved amount along with your designated interest rate will be assigned to you by the lender after your application has been reviewed. If you are approved for a loan, the funds are disbursed directly to your college or university. The entire process usually takes about 6 weeks, so you will need to plan accordingly.

Best International Student Loans In 2022

1 Best for Undergraduate Students Without a Cosigner:  MPOWER Financing

2 Best for Graduate Students Without a Cosigner:  Prodigy Finance


3 Best for Graduate Students With a Cosigner:  Citizens One

4 Best Interest Rates:  Ascent Student Loans

5 Best for DACA Recipients: Discover

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