IEFA Blog

Can I Get a Loan to Study Abroad? Understanding Study Abroad Student Loans
International Education

Can I Get a Loan to Study Abroad? Understanding Study Abroad Student Loans

The short answer to the question is: yes. The simple fact is that studying abroad can be costly, and most students do not have the money to pay in full. For this reason, most people will look into student loans as a possible option for paying for school expenses. Having a good credit history is…

Stress-Free Budgeting: Tips for International Students
Budgeting Tips for International Students

Stress-Free Budgeting: Tips for International Students

Yes, it can be stressful when you’re planning to study abroad. There are many perfectly understandable reasons to feel stressed or anxious. Tuition fees are high, you’ve got food costs, study materials, transportation, health insurance, and lots of other expenses.  Even the currency exchange rate can be a concern. When you don’t have enough financial…

10 things you need to know about international student loans
International Education

10 things you need to know about international student loans

If you’ve researched all the available funding options for you as an international student in the US, and you are still in need of additional financing, your next place to look is an international student loan. If, like many international students, you didn’t realize that loans were even available for international students, here’s a roundup…

Come Hangout With Us This Friday: Finding A US Cosigner
International Financial Aid News

Come Hangout With Us This Friday: Finding A US Cosigner

If you are looking to apply for a student loan to help finance your education, then you’ll need to have a US cosigner. All international students and most US students need a cosigner to join their student loan application in order to get a US student loan. That’s because these banks and lenders need to…

Top 10 Student Loan Tips
International Student Loans

Top 10 Student Loan Tips

International student loans can be a tricky prospect, especially for incoming freshmen without any experience getting them. Follow these Top 10 Student Loan Tips to help you navigate the world of international student loans! 1. Find a cosigner with established credit Most international students must have a cosigner in order to apply for a US…

Repayment Period – Why it matters to you?
International Student Loans

Repayment Period – Why it matters to you?

International student loans are a popular topic of conversation, especially for those students looking for additional financing. While there are many lenders that loan to international students, each loan has its own terms and conditions that will influence how much you pay over the life of your loan. In our previous blog, we defined what…

Scholarships, Grants, Loans, oh my!
International Scholarships

Scholarships, Grants, Loans, oh my!

If you are planning to study overseas, you may find that going to school in a foreign country can be costly. While you will still have to cover your tuition, books, and living expenses, now you’ll need to factor in additional flight costs, exchange rates, health insurance, etc. While there is no doubt that studying…

Interest Rates Still Low on International Student Loans
International Education

Interest Rates Still Low on International Student Loans

One positive by-product of a relatively weak ecomony is the continuing low interest rates for international student loans for study in the USA. Interest rates for loan programs offered by International Student Loan range from 2.25% APR to 9.11% APR with no origination fees. When you consider that there is no collateral required for a…

International Student Loan Launches New Website
International Financial Aid News

International Student Loan Launches New Website

International Student Loan has re-launched its website, with a new loan matching system, improved navigation and an updated design.  International students will now be matched to an appropriate loan product much more quickly, simplifying product selection and application. Instead of requiring a student to navigate through the site to the appropriate loan product, now students…

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