What is the low cost student loan option in the US for an international student?
Favorite Answer
1) Fill out the FAFSA. This will determine if you are eligible for financial aid. Go here:
http://www.fafsa.ed.gov/
2) Once you are eligible for aid, choose a government-based student loan. The best loan to get is a Federal Perkins Loan. These have low interest rates and the government will help you pay it back as long as you stay enrolled in school. You also don’t need a cosigner or good credit for it. For more info go here:
http://www.studentfinancedomain.com/student_loans/perkins_student_loans.aspx
3) The next best loan to get is a Subsidized Stafford Loan. This has many of the same benefits as a Perkins Loan. Learn more here:
http://www.studentfinancedomain.com/student_loans/subsidized_stafford_loan.aspx
Also, you are eligible to receive scholarships to help you pay for college tuition. These are free sources of money that you don’t have to pay back. You can read about them here:
http://www.studentfinancedomain.com/financial_aid/college_scholarship.aspx
Here are sites that offer scholarships to international students:
http://www.internationalscholarships.com/
http://www.internationalstudent.com/scho…
http://www.usastudyguide.com/financial_a…
http://www.collegescholarships.com/schol…
Here are sites that offer general scholarships to all students;
http://www.findtuition.com/scholarships/
http://apps.collegeboard.com/cbsearch_ss/welcome.jsp
http://www.freegovmoney.net/
http://www.educationplanner.com/education_planner/paying_article.asp?sponsor=2859&articleName=Grants_and_Scholarships
http://www.studentawards.com/
http://www.college-scholarships.com/
I hope this helps. Good luck!
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