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aceman626
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Loans for internationals? 16 Dec 2008, 10:21
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Since Citi no longer has loans for internationals without a co signer,are there any other options?

Kinda stuck now, any advice would be appreciated!
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AlbertNTN
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Concentration: Finance, Strategy
Schools: Wharton '14 (D) Booth '14 (D) Tuck '14 (WL) Sloan '14 (D) CBS '14 (D) Darden '14 (A)
Schools: Wharton '14 (D) Booth '14 (D) Tuck '14 (WL) Sloan '14 (D) CBS '14 (D) Darden '14 (A)
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Loans for internationals? 16 Dec 2008, 11:17
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yah that's really a concern ... not so sure whether u can have any loan from ur home place. If u r admitted to a top school, it might be easier to apply for those like Fulbright scholarship etc.
When I asked, most of the schools said that try to secure the fee for 1st yr, then "we can think of something for the 2nd year" (but frankly i dun know how :|)
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aceman626
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Loans for internationals? 16 Dec 2008, 12:30
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Unfortunately I cannot get a loan from my home country becuase of some rules that I don't qualify for (they only give loans to first time oversea studies, whereas I did my undergrad overseas as well..) so now I don't know what to do....this reallly sucks. If anyone has info please share!
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dubuque
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Loans for internationals? 16 Dec 2008, 12:57
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well...
I have used a local bank to finance my wife's education. i opened an account with a local credit union and received a $20K limit credit card with 7% APR. not bad. If needed, I could increase the credit limit by putting up a request...
The good thing is that any late payments on that account dosen't go against my credit history. Bad thing is that payment starts immediately, whereas in a student loan I could wait till her graduation to start payments.
But since I am working, and my wifes tuitions are not that high, this works best for me. I wanted to avoid the hassle of doing all the paperwork for this amount.

Hope this helps....Its not that much, but someone might find it helpful..
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fall09
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Loans for internationals? 16 Dec 2008, 13:27
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dubuque
well...
I have used a local bank to finance my wife's education. i opened an account with a local credit union and received a $20K limit credit card with 7% APR. not bad. If needed, I could increase the credit limit by putting up a request...
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It is expected that banks are going to reduce credit lines by $2 trillions in the coming months.So not a gud idea to borrow on credit cards for education.
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fugo
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Loans for internationals? 16 Dec 2008, 16:25
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aceman626
Since Citi no longer has loans for internationals without a co signer,are there any other options?

Kinda stuck now, any advice would be appreciated!
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Really depends on the program you are going to. The UE's all will have some program or the other in place (I think UChic said that) and I believe there are a couple of private loan company's too (not sure of the name but I had used one in my undergrad). Try the admissions office or the fin aid office once you get in of your school.