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Study Abroad Loans

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In 2011, the number of American students who studied abroad increased by 3.9% to a new high of 270,604 – this is more than triple the number from two decades ago. Europe is still the number one destination for US students abroad, with the UK leading the way, followed by Italy, Spain and France. There has also been a growing interest in China over the last decade where in 2000 there were only 3,000 US students in China and in 2011 that number has increased to 14,000 US students.

For students looking to study abroad for a semester, or two, we offer Study Abroad Loans. These loans are available to US citizens and permanent residents who are planning to study abroad through a school sanctioned study abroad program at either the undergraduate or graduate level. To be eligible, US students will need to be attending an eligible school within the USA while they are completing their study abroad program overseas.

Cosigner Recommended for All Applicants
The cosigner must be a US citizen or permanent resident, with good credit and income history, who has lived in the USA for the past 2 years.

You should always apply for as much in federal loans as possible before you resort to private loans. However, for our Study Abroad Loan there is no need to complete a FAFSA. Other benefits of the Study Abroad Loan include:

  • Borrow up to the total cost of attendance, minus other aid
  • Thousands of approved schools
  • Easy loan application process right online
  • Competative rates
  • Initial approval within weeks

Compare lenders and start your application today, or learn more about the study abroad loan in the Loan Details and Frequently Asked Questions pages.