SoFi private student loans are the best fit for students who have already exhausted their federal grant and loan venues and are looking for an easy, affordable, and flexible financing option. SoFi is also great for grad loans and parent loans - perfect for parents looking to help their kids through college.
Earnest is an online lender that offers student loan refinancing and private student loans, as well as personal loans. Its refinancing loan is best for borrowers who want to customize their repayment schedule to pay off debt fast. Its private student loan is an option for borrowers who want flexible repayment.
Ascent offers student loans for international students through their Cosigned Credit-Based Loan. Cosigners can be released from the loan after 24 on-time payments only if the primary borrower is a U.S. citizen or has U.S. permanent resident status.
Variable rates: 2.71%% – 12.99%%Fixed rates: 3.53%% – 14.50%%Rate reduction: 0.25% automatic payment discountFees: None
Discover offers a variety of credit cards for everyday shoppers, travelers, students and business owners. The Discover brand is known for customer service and no-annual-fee credit cards. Here are our picks for the best Discover credit cards available from our partners.
Discover cardholders can expect features including:
FeesNo annual feeNo foreign transaction feesNo overlimit feeNo penalty APR and no fee on your first late payment (up to $40 after)Security$0 fraud liability for unauthorized purchases24/7 account monitoringFree credit activity and Social Security Number fraud alertsDiscover Freeze it® account lockFree overnight card delivery by request if lost or stolenCustomer serviceU.S.-based customer serviceFree FICO® Credit ScorecardYear-end spending summaryRecurring charges dashboard
Citizens Bank, Home Mortgage Office
437 Madison Ave 18th Floor, New York
The Citizens Bank Student Loan is available to international students if they have a cosigner on the loan application who has a good credit history and is a U.S. citizen or U.S. permanent resident.
Borrowers can release their cosigner from the loan after making 36 on-time payments. Once the cosigner is released, the loan will be the primary borrower’s sole responsibility.
Variable rates: 1.24% – 10.56%Fixed rates: 4.25% – 11.04%Rate reduction: 0.25% automatic payment discount and 0.25% discount if you have an account with the bankFees: None
Upstart is a leading artificial intelligence (AI) lending platform designed to improve access to affordable credit while reducing the risk and costs of lending for our bank partners. By leveraging Upstart's AI platform, Upstart-powered banks can offer higher approval rates and experience lower loss rates*, while simultaneously delivering the exceptional digital-first lending experience their customers demand.
Nomad Credit connects customers with potential lending partners based on the search profile they submit on our platform. Personal loans can be used to improve your lifestyle or to cover an unexpected expense. Why wait for something that you need now? With the many loan options and lending partners in the market, Nomad Credit can help point you in the right direction. Once you see your recommended lending partners, Nomad Credit is here to help you through the process and answer any questions that you may have.
A Union Federal® Private Student Loan, powered by Cognition Financial, gives you options so you can rest assured you’re doing the right thing for your future. Prequalify1 today with no impact to your credit score.
A Union Federal Private Student Loan covers up to 100% of your school-certified cost of attendance, which typically includes things like tuition and fees, books and supplies, room and board, transportation and personal expenses.
Eligibility requirements for the studentBe enrolled at least half-time at an eligible institution in a degree-granting programBe the legal age of majority, or at least 17 years of age at the time of application if applying with a cosigner who meets the age of majority requirements in the cosigner’s state of residence8Be a U.S. citizen or permanent resident, or an eligible international student applying with a qualified cosigner who is a U.S. citizen or permanent resident alienThe Union Federal Private Student Loan is not available to students or cosigners whose permanent residency state is Arizona, Iowa or Wisconsin.
EDvestinU - New Hampshire Higher Education Loan Corporation (NHHELCO)
3 Barrell Ct, Concord
While EDvestinU won’t refinance as much debt as some of its competitors, it does offer a wide range of loan terms and a choice of a fixed or variable interest rate. Also, unlike many private lenders, EDvestinU doesn’t require you to have earned your degree — you can refinance your student loans as long as you meet the company’s income and credit requirements.
If you have the income to support repayment, you can refinance up to $200,000 in student loan debt with EDvestinU. That’s less than the ceiling set by some lenders, but should be enough to cover most borrowers’ undergraduate and even graduate school debt. If you’re coming out of medical school or law school with more than $200,000 in debt, some of the best companies to refinance offer higher limits.
Stilt is a lender offering loans to visa holders, immigrants, non-U.S. citizens, and the underserved. While students can borrow funds from Stilt to cover college expenses, the loan itself is more of a personal loan than a student loan.
Stilt looks for current employment information, your education, financial behavior, defaults, collections, bankruptcies, and your credit score.
The lender is aware that some of this information isn’t going to be relevant to all applicants so it adjusts the way it weighs each based on your history. A co-signer is not required to apply.
Prodigy Finance, NYC HQ
33 W 26th St, New York
Prodigy Finance offers private student loans to international students with no cosigner needed.
To be eligible, students must meet requirements, including living in a country that Prodigy services. They must also have been accepted into an eligible school and program Prodigy supports, and the school they are attending must be outside their home country.
Fixed rates: 5.00% – 8.50%Rate reduction: Not disclosedFees: An undisclosed administrative fee
MPOWER Financing is a new kind of private lender that offers student loans for international students who are attending college in the U.S. The company doesn’t require cosigners, credit history, or collateral on their loans.
Factors MPOWER considers to determine eligibility include what school the students will be attending, what their expected graduation date is, their grades, and an internship or work experience they have in their field. MPOWER also looks at future earnings, so it monitors whether the student is taking on too much debt.
Fixed rates: 7.52% – 14.98%Rate reduction: Up to 1.50%Fees: 5.00% origination fee and a small fee for late or invalid payments
PNC is a traditional bank with branches in 22 states. It offers student loans to undergraduates and graduate students across the country, plus student loan refinancing for those who are no longer in school. Its private student loan is best for students who plan to start repayment immediately, while its refinancing loan is best for students without a degree.
National Association of Student Financial Aid Administrators
For immigrants who are looking for other sources of funding, there are multiple options. A number of states allow undocumented immigrants to apply for state-based financial aid, and to receive in-state tuition rates. In addition, prospective students can check out the National Association of Student Financial Aid Administrators’ (NASFAA) website to learn about grants, fellowships, and scholarships in their state.
Other options include private scholarships, including ones that are specifically geared toward immigrants. There are a number of online scholarship search engines that allow students to search for scholarships and grants using specific terms, such as “immigrant.” In addition, immigrants may want to contact their country’s embassy, consulate or government to see if they offer grants, scholarships, or student loans to help them attend college.
While it can be more challenging to finance a college education if you are not a naturalized U.S. citizen or a lawful permanent resident, it is not impossible. By exploring your options, including private student loans, you can find financing for your education.
College Ave Student Loans
233 N King St Suite 400, Wilmington
College Ave is our top-rated student loan lender and offers loans to international students with a valid U.S. Social Security number. All international students will be required to apply with a qualified co-signer who is a U.S. citizen or permanent resident.
Potential borrowers can prequalify for a loan without any impact on their credit score.
LendKey Technologies, Inc.
104 W 27th St fl 4, New York
LendKey is a marketplace that connects borrowers with private student loans and refinanced student loans from credit unions and community banks. Its loans are best for borrowers who prefer to work with these institutions, rather than a big bank. The requirements below apply to all loans made through LendKey. Once you choose a loan, make sure you understand that partner lender’s specific terms.
Enjoy the following benefits of EastWest Bank Personal Loan:
Multi-purpose – Versatile loan facility designed to suit your needs Young Adult – Buy or accessorize your car / buy gadgetsFamily Formation – Plan your wedding / fund your children's education / plan a vacationFamily Maturity – Celebrate special milestones / home improvement / pay-off billsRetirement – Settle your medical billsNo Co-maker, No Collateral Requirement – Cash solution for all your needs. Increase your financial flexibility through loanable amounts ranging from Php25,000 to Php2,000,000 (subject to our approval).Flexible Terms – Choose among our payment terms 12, 18, 24 and 36 months to make your installments very affordable.Competitive Interest Rates – Manage your cash flow and enjoy low interest rates. See table of Interest Rates below.Convenient and Fast Processing – Apply within the comfort of your home or office. In addition, get your loan proceeds via Manager's Check or credit to your EastWest Bank nominated account. Pick up at the Head office – The bank will release the loan proceeds by issuing a Manager's Check. The client is required to pick up the check from the head office of EastWest Bank. Delivery and Deposit to Account – A messenger will deliver the loan documents to the client's delivery address for sign-off and pick up the Post-Dated Checks. Requirements will be returned to the head office. If all requirements are complete, the loan proceeds will be deposited to the client's account.
*Delivery option is available for selected areas with a minimal delivery fee.
North Loop provides a bank account, debit card, credit card and free transfers for immigrants and international students in the US.
International students can sign up for an account before they travel to the US, and “their debit card is already waiting” on arrival, said Verma, mailed to an address provided.
North Loop also offers a loan and refinancing scheme and an interesting referral scheme whereby interest can be saved on the loan, depending on how many friends are introduced.
Sign up in 5 minutes here.