#1
9th December 2015, 01:59 PM
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Student loan in USA
I want to do my higher studies from the United States so please tell me about the Student loans in the United States?
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#2
9th December 2015, 03:24 PM
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Re: Student loan in USA
Student loans in the United States are a form of financial aid that usually must be repaid, in contrast to other forms of financial aid such as scholarships and grants, Student loans play a very large role in U.S. higher education The main types of student loans in the United States are the following: Federal student loans made to students directly (Stafford and Perkins loans). Federal student loans made to parents (PLUS loans) Private student loans, made to students or parents Federal student loans Federal student loans are popular with US students studying in the US, but they are not available to international students. International students are eligible for international student loans, specialized private education loans available to international students studying in the US. Eligibility to apply for international student loans Students who are not US citizens or non-citizen permanent residents and who are attending an eligible US college or university apply for international student loans. International student loans can be used for education-related expenses such as Tuition, Books, Fees, Insurance, and Room and board Maximum Loan Amount You can apply up to the total cost of education, minus other aid, as determined by your school. To determine your maximum loan amount, you will need to contact your school’s financial aid office. After you apply and receive credit approval for you and your co-signer, your school must certify the amount of the loan. |