Student loan?

I know I’ll need to get a student loan sometime during my university studies. I was just wondering how they work, what you need to get one and how long you have to pay it back. Any extra details would be much appricated.

P:S I am a planning on studying in the U.S but I live outside the U.S.

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Comments (3)

 

  1. danetteed says:
    December 2, 2009 at 3:39 am

    Most student loans are limited to citizens or resident aliens of the US. You do not mention whether you are a US citizen living outside the US, or a citizen of another country.

    If you are a US citizen, or resident alien (there are a couple of other types of non-citizens that are eligible…refugees for example) then you need to apply each year. The first step is the FAFSA and you can apply on line at http://www.fafsa.ed.gov. After that, there is more to do, but it varies depending on the answers on your FAFSA.

    Good luck.

  2. Found-1 says:
    December 2, 2009 at 4:27 am

    like mentioned earlier, you must be a us citizen or eligible non citizen to get student loans. Here is a good book that describes everything including the definition of us citizen and eligible non citizen. (look in the index in the back)

  3. gui says:
    December 2, 2009 at 4:34 am

    The Student Loan can help to finance your study. It’s made up of three parts – compulsory fees, course-related costs and/or living costs.

    And if you are a international student who are planning to study in US. Students can apply for the loan program online or through internationalstudentloan.com website . You can borrow annually up to $70,000 for medical, dental, law or business school, and up to $50,000 for graduate and undergraduate study. International students are required to have a US Citizen or permanent resident as a co-signer to apply for this loan.

    These loans also offer:

    * Funds are disbursed directly to you!
    * Loans are accepted at thousand of approved schools
    * Competitive interest rates
    * No application fees

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