As the number of international students studying in the USA continues to increase, the need for international financial aid is constantly growing. To address this need, we provide access to loans for non-US Citizens from anywhere in the world who are planning to study at approved schools throughout the USA. We have been a leader in providing loans for international students loan since 1998, and thousands of international students have applied for loans through our programs. Due to the STUDENT LOAN, the availability of loans for international students has been severely impacted. However, there are still loans available - submit your information through the Apply Now button and we will match you with a loan for which you may be eligible to apply.

International Student Loans information.

The Sallie Mae Smart Option Loan by International Student Loan is an ideal solution for students who still need funds after they have maximized grants, scholarships and federal loans. With this school-certified loan, students can borrow up to the full cost of their education, less other aid received

Eligibility:

You must attend an eligible community college, traditional college or university, or eligible graduate program at least half time. In some circumstances, the Smart Option Student Loan is available to less than half-time students. Contact your financial aid office for more information.
You must meet current credit and other eligibility criteria.

Benefits:

Pricing that rewards creditworthy borrowers.
Applying with a creditworthy cosigner may help you qualify and/or receive a lower interest rate.
Borrowers may apply for a cosigner release after successful completion of their education.
A 0.25 percentage point interest rate reduction is available for automatic debit.
A 0.25 percentage point interest rate reduction is available if the borrower provides a valid e-mail address and elects to receive all servicing communications via e-mail.

Features:

Easy online application with fast credit decision and electronic signature (“eSign”) available.
24/7 online account management.
Combined billing is available for Sallie Mae-serviced student loans.
No prepayment penalty.
You may be able to deduct the interest you pay on a qualified student loan.5
Available for U.S. citizens enrolled in eligible study abroad programs or studying at medical schools outside the U.S.
International students are eligible with a creditworthy cosigner (who must be a U.S. Citizen or permanent resident) and U.S. Citizenship & Immigration Service (USCIS) documents.

Loan Terms:
Loan limits

$1,000 minimum loan amount.
Borrow as much as you need to pay for your education, up to the cost of attendance as
certified by your school and confirmed by Sallie Mae, less other financial aid received.1

Interest rate

Applying with a creditworthy cosigner may help you qualify and/or receive a lower
interest rate.
The Sallie Mae Smart Option Student Loan has interest rates that reward good credit.
Interest rates are variable and are reset monthly based on the one-month LIBOR Index.

Fees

Disbursement fees range from 0% to 5%.
No repayment fee.

Repayment:

Monthly interest-only payments are required during the in-school period and during the 6-month separation period; by doing so you’ll avoid capitalized interest and reduce your total loan cost.
Consider making principal and interest payments while in school to lower the amount you must pay back.
Principal and interest payments begin following the six-month separation period.
Prepay your loan at any time without penalty.
Apply Now