<p>
[quote]
ISLP is a credit-based loan that requires a credit-ready applicant who is a US citizen or permanent resident. Foreign students MUST have a US citizen or permanent resident as a co-signer regardless of loan amounts or other circumstances.
[/quote]
................</p>
<p>exactly as pointed by merc.. If only we intels had that why wud they bother here. they cud as well borrrow frm any bank with a cosigner..</p>
<p>and there arent any loans without cosigner to intels except the university loans</p>
<p>Sm</p>
<p>All you have to do is get a co-signer . How hard can that be .</p>
<p>
[quote]
How hard can that be
[/quote]
Pretty hard, if you happen to live thousands of miles from the U.S. And even if you are in the United States. you are trying to convince someone to take it upon themselves to repay your loan (which would be at least $10k presumably) if you fail to do it. Not the easiest thing...</p>
<p>I know Citibank offers loans to international students in affiliation with certain schools that does not require a co-signer.</p>
<p>y17k, are you referring to NYU? I think I saw that they have such a no co-signer loan policy for internationals. But then again, I heard a lot of horror stories regarding finaid (only merit-aid at NYU) for internationals at that university.</p>
<p>Yes, I am referring to NYU. And if you think NYU has horrible financial aid for internationals, you couldn't be closer to the truth :P. I don't actually know ANY international student who is receiving any merit-based aid ><</p>
<p>I think NYU finaid is horrible for EVERYONE, not just internationals.
Citibank loans are available elsewhere too, like at Penn, for instance. :)</p>
<p>I find this very disconcerting... On a side note, do you internationals think that it is worth taking a HUGE loan (e.g. one that would cover all costs) in order to attend a better ranked university?</p>
<p>i think its worth it if you get into your dream college and can't go there due to lack of funds/fin aid....i would do that....</p>
<p>I probably will have to take a loan worth $10000 pa to cover my costs.</p>
<p>So when I apply should I apply for a loan worth $40000 or apply for $10K and then reapply every subsequent year?</p>
<p>umm, I have 3 US cosigners available. Do you think I should withdraw my applications to need-aware ivies like UPENN.. do you think that paying back $43,000 per annum would be possible??</p>
<p>well if u withdraw now that wud be a bigg negative factor.. though had u done this b4 this wud have helpd big time.</p>
<p>paying back IS possible if u believe urself .. and yes many have paid .. many MANY</p>
<p>SM</p>
<p>
:confused: What!!...how come u got that figure??</p>
<p>isnt that the cost of living (supposing i dont contribute anything)?</p>
<p>dexter what school are u from? I used to study in the british school, new delhi...</p>
<p>btw, Cornell will still admit you w/o financial aid.. so i can apply for loans then</p>
<p>ohhh.....i thought the figure was related to LOAN REPAYMENT after u graduate!!!.....just freaked me out at the first instance!!....anyways i used to study in DPS RKP....passed HS last year.....</p>
<p>I wouldnt take that huge a loan just to go to some college...</p>