<p>Is there any chances of getting a loan in the U.S without a co-signer?</p>
<p>i dont think so..atleast i havent come across anything of that sort till date...</p>
<p>Its simple.. well if they dont trust u or have faith in you .. how can they take the risk...the guarantee factor is hugeee..</p>
<p>SM`</p>
<p>A loan offered by your college does not require a cosigner!</p>
<p>..... I think she means from a bank, not an education institution. :o</p>
<p>well the co-signer has to be there if u r taking a loan from a bank cause of the guaruntee thing....however if u have a cosigner who's your relative or a family friend or sth then it isn't very difficult....</p>
<p>@kenyon_10 how much loan can an INTERNATIONAL student take from universities?...is it specific to the university or theres a universal cap?....if its university specific then just give me a rough estimate....also whats the interest rate, returning period like?? do a lot of ppl go for such loans or do they prefer loans from banks??....in short PLS TELL ME MORE ABOUT UNIVERSITY LOANS!!</p>
<p>Different universities have different policies towards aid, so I will just tell you about Kenyon's financial aid policy.</p>
<p>All admitted international students are awarded a loan - $3000 regardless of how much you can pay. It's fixed. I know for example, Mount Holyoke doesnt do that; different international students have different amount of loans depending on your family circumstances. If you can pay very little, your loans at MHC will be slightly higher (I know of a friend who's loan is as high as $4500). Whereas at Kenyon, it's fixed. Kenyon's self-help aid is actually quite modest compare to other colleges that I know. The work study they award is only $1000 and it is possible to earn more than $1000 a semester actually. But the financial aid office didnt offer more in terms of work-study because oh well, our main reason is to study at college right? :p And Kenyon's loans are 5% interest starting from the time you borrow it... yeah, i know that sucks :(</p>
<p>Loans from banks... you can generally borrow much more from Banks... in Malaysia, you can borrow a maximum of USD 50000 I think... so check out with your bank!</p>
<p>For internationals, loans from US banks are virtually impossible to get without an American cosigner. Banks here make decisions to lend money based on the applicant's credit history. But guess what, a foreigner who wants to come to the US to study does not have any credit history! It's cruel, but this is how the system works.</p>