{"id":4842,"date":"2016-07-06T09:37:57","date_gmt":"2016-07-06T13:37:57","guid":{"rendered":"https:\/\/www.bu.edu\/finaid\/?page_id=4842"},"modified":"2025-04-04T14:30:13","modified_gmt":"2025-04-04T18:30:13","slug":"international","status":"publish","type":"page","link":"https:\/\/www.bu.edu\/finaid\/how-aid-works\/types-of-aid\/loans\/credit-based-loans\/international\/","title":{"rendered":"CREDIT-BASED LOANS AVAILABLE TO INTERNATIONAL STUDENTS"},"content":{"rendered":"<p>If you do not qualify for U.S. federal financial aid and you are considering borrowing a student loan, we advise that you first check with your home country to see if loans to study in the U.S. are available.<\/p>\n<p>If you decide to explore private credit-based student loans, please be aware that many U.S. lenders offer credit-based educational loans to international students if they apply with a credit-worthy U.S. citizen, permanent resident, or eligible non-citizen co-borrower. If you are able to secure a qualified co-borrower we urge you to do so and consider loans of this type, because approval and more favorable terms will be more likely. We recommend <span>comparing the terms and rates of your <a href=\"https:\/\/www.bu.edu\/finaid\/how-aid-works\/types-of-aid\/loans\/credit-based-loans\/\">private credit-based loan<\/a> options carefully.<\/span><\/p>\n<p>If you are an international student seeking to borrow <strong>without a co-borrower,<\/strong> you will find fewer lenders from which to choose. The two lenders listed below do <em>not <\/em>require a U. S. citizen, permanent resident, or eligible non-citizen co-borrower, however their interest rates and other terms may be less favorable. Certain restrictions apply as noted.<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><a href=\"https:\/\/mpw-me.com\/university\" target=\"_blank\" rel=\"noopener noreferrer\">MPower Financing<\/a><br \/>\nOffers loans to eligible international students,\u00a0undergraduate and graduate, who are enrolled in a\u00a0degree program and are within two years of graduation.<\/li>\n<li><a href=\"https:\/\/prodigyfinance.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Prodigy Finance<\/a><br \/>\nOffers loans to eligible international students enrolled in law, graduate business, or postgraduate engineering, law, business, public policy and health science degree programs.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>You are not required to borrow from any lender listed here, elsewhere on our website, or in other University materials. You may choose to borrow from any lender without penalty. We urge you to compare credit-based loan information and terms carefully to determine the best fit for your particular circumstances.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you do not qualify for U.S. federal financial aid and you are considering borrowing a student loan, we advise that you first check with your home country to see if loans to study in the U.S. are available. If you decide to explore private credit-based student loans, please be aware that many U.S. lenders [&hellip;]<\/p>\n","protected":false},"author":1183,"featured_media":0,"parent":113,"menu_order":2,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/finaid\/wp-json\/wp\/v2\/pages\/4842"}],"collection":[{"href":"https:\/\/www.bu.edu\/finaid\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bu.edu\/finaid\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/finaid\/wp-json\/wp\/v2\/users\/1183"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/finaid\/wp-json\/wp\/v2\/comments?post=4842"}],"version-history":[{"count":26,"href":"https:\/\/www.bu.edu\/finaid\/wp-json\/wp\/v2\/pages\/4842\/revisions"}],"predecessor-version":[{"id":11595,"href":"https:\/\/www.bu.edu\/finaid\/wp-json\/wp\/v2\/pages\/4842\/revisions\/11595"}],"up":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/finaid\/wp-json\/wp\/v2\/pages\/113"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/finaid\/wp-json\/wp\/v2\/media?parent=4842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}