Where/how did you get to know of this?
I am in exactly the same scenario as you are but am contemplating on going 50-50...
Use personal funds to fund 50% of COA and the loan for the other 50%; this for each year.
With the way the things are shaping up, I have doubts on whether these no-cosigner loans will even be available next year.
I know I'd be taking a hit on the additional interest for the one year but doing this buys me time if these loans become unavailable next year and also reduces the amount that I would have to arrange for (by 50%). Throw in some money from the internship and some tax refunds..the amount becomes a lot more manageable.
What do you guys think?
aceman626 wrote:
Hi All,
I've heard that many loan programs will be terminated for the school year 2009-2010. This is especially a huge problem for international students without co-signers.
I know for sure Access Group will be terminating their international loans. Citibank i heard might be as well, or if they continue they will raise their rates by A LOT.
Anybody know what options internationals will have for next year?
Thanks.