U.S. Cosigner Loans
Interest rates as
low as 2.95%
Your U.S. dream made affordable
Interest rates as
Who can apply?
This loan is available for students interested in pursuing Bachelor’s, Master’s, MBA, or Postgraduate programs in the United States. Whether you’re starting your degree or continuing your education, a U.S. cosigner can make your loan affordable.
Why U.S. Cosigner?
Studying in the U.S. can be expensive, given the high tuition and living costs. With a financially reliable U.S. cosigner, you can access education loans at low interest rates.
Who Can Be Your Cosigner
- US citizen or permanent resident
- Green card holder
Your cosigner can be a family member, cousin, friend, or even a colleague. In fact, anyone willing to support your education, whether inside or outside your immediate family, can be your cosigner. Documents They’ll Need
- US residency proof
- Financial documents as required
How to Approach Them
- Explain your goals and their obligations
- Provide our expert support contact
Your cosigner can be a family member, cousin, friend, or even a colleague. In fact, anyone willing to support your education, whether inside or outside your immediate family, can be your cosigner. U.S. Cosigner Loan Benefits
Lower rates. Faster approvals. And more.
Zero Processing Fee
Apply without paying any upfront charges
No Collateral Required
No need to pledge property or assets
Quick Approval
Get approved in as little as 1-3 business days
No Forex Involved
Loan is disbursed in USD directly to your school
Build Credit History from Day 1
Helps build your U.S. credit score while studying
Flexible Repayment Terms
Choose repayment plans that fit your goals
US Cosigner Loan Process
Get Your Loan in 4 Easy Steps
Book Consultation
Our expert will walk you thorough the process in detail for FREE.
Add
Cosigner
Invite your U.S. cosigner
to complete the
application.
Get Approval
The lender confirms approved rates and loan amount.
Receive Funds
Directly in the school account, no forex charges involved.
Did you know?
"One of our students got his professor to cosign his loan, now he's saving thousands in interest dollars!"
Real student success story
Top U.S. Lenders
Browse. Compare. Apply.
Earnest
Interest rate starting at 2.89%
Maximum Loan Amount:
Full COA
Processing Fee:
Zero Processing Fee
Tenure:
5/7/10/12/15 Years
Loan Type:
No-collateral with US-Cosigner
Moratorium Period:
Course Duration +
9 Months
9 Months
Sallie Mae
Interest rate starting at 3.45%
Maximum Loan Amount:
USD 175,000
Processing Fee:
Zero Processing Fee
Tenure:
15 Years
Loan Type:
No-collateral with US-Cosigner
Moratorium Period:
Course Duration +
6 Months
6 Months
and more...
Hear from the Global Nomads
About their Nomad Experience
As I was heading for MBA at Columbia, I got in touch with Nomad team regarding the financing. They were super helpful and always approachable. This involved sitting with me on calls as I fill forms, helping with US cosigner doubts, helping me process all the applications. I highly recommend them!!
Anusha Goel
Columbia Business School
I’m really grateful to Nomad team for all the help and support. From the very first step, they were always just a call away. Thanks to them, the whole process felt so much smoother and less stressful. I’d happily recommend them. They truly go above and beyond for the people they works with!
Vibhuti Luthra
NYU Stern School of Business
I got in touch with Anchal regarding financing options as I head for an MBA at Stanford. She helped me get to know about all the available options with utmost patience. In the end, I was able to get a highly competitive interest rate with her help, which turned out to be the best option available in the market!
Yash Maheshwari
Stanford Graduate School of Business
Ganesh was my case manager at Nomad Credit. He helped me secure 2 student loans, 1 for each year of my MBA at UCLA Anderson. It is not always straight forward for international students to get student loans in the US, but Ganesh walked me through the whole process step by step, making it as stress free as possible. Highly recommended!
Jack Du
UCLA Anderson School of Management
Nomad Team helped me get the best possible option for my financing needs. They made sure that I got the most updated and consistent information to make the right decision towards the most important aspect of my studies i.e. money management. They were always there to help me and have a great attitude towards helping others.
Abhishek Pasricha
University of Southern California
Working with your team was an incredibly smooth and reassuring experience. A special shoutout to Karan and Deepesh, who truly went above and beyond at every stage and making sure everything was on track despite tight timelines. I’m genuinely grateful to have had such a supportive team by my side, I couldn’t have done it without you!
Sourav Mehra
UVA Darden School of Business
Since, I was doing this for the first time, I had a lot of questions. The team very patiently answered all my queries and consistently supported me from filling-up my application to document verification until I had received my loan confirmation. Overall, I really appreciate Nomad’s help in navigating me through my loan application process.
Shubham Malviya
Kellogg School of Management
Your unwavering support, particularly in navigating the challenge of securing a loan without collateral, has been truly remarkable. Special thanks to Shweta ma’am. Your service and commitment to helping students like me achieve their dreams have made a profound impact, and for that, I am deeply thankful.
Shakib Shaikh
Aston University
I’m incredibly grateful to Poonam and the entire Nomad Team for their outstanding support throughout. Their guidance was clear, timely, and tailored to my specific needs. I highly recommend them to anyone pursuing international education. They’re knowledgeable, professional, and genuinely invested in your success.
Akanksha Dilip Mhaisne
Kent State University
Thanks Sulekha & Nomad Credit for assisting me throughout. You also helped me boost my confidence personally in the entire process. I am grateful, you were there to resolve my every doubt regarding visa interview questions and any query I had. At the end, thanks once again for helping me achieve F-1 visa for the USA.
Jaspreet Kaur
University of Maryland
Your exceptional guidance made my master’s application process smooth and stress-free. You were always available and willing to answer my queries with patience and clarity. I highly recommend Nomad to anyone seeking professional guidance for their higher education journey.
Arshan Bhanage
San Jose State University
Frequently Asked Questions
About US Cosigner Loans
What is a U.S. cosigner loan?
A U.S. cosigner loan is a student loan backed by someone in the U.S. with a strong credit profile. Their support improves your chances of approval and may get you lower interest rates—without needing collateral.
Who can be my cosigner?
Your cosigner must be a U.S. citizen or permanent resident with good credit history and stable income. They can be a family member, friend, or trusted professional.
Why do I need a cosigner?
As an international student, you may not have U.S. credit history. A cosigner’s credit profile reassures lenders and helps you access better loan terms.
Is collateral required for this loan?
No, these loans are usually unsecured. Your cosigner’s creditworthiness replaces the need for collateral.
How will my cosigner be impacted if I miss payments?
If you miss payments, it will appear on your cosigner’s credit report and may harm their score. They are legally responsible for repayment if you default.
Can my cosigner be released from the loan in the future?
Yes, some lenders allow “cosigner release” after you make a set number of on-time payments and pass a credit check.
Can my cosigner’s existing debt affect my loan approval?
Yes. If your cosigner has high debt, it could limit the amount you’re eligible to borrow.
What are the repayment terms?
Terms range from 5 to 15 years, with flexible plans including interest-only payments while in school.
Can I have more than one cosigner?
No, you can only have one cosigner at a time.
Can I track my loan and repayment status with my cosigner?
Yes, most lenders offer online account access for both you and your cosigner to monitor payments.
More about US Education Loans
What is a U.S. Cosigner Student Loan Option?
A U.S. cosigner loan option allows international students to apply for a U.S. Dollar denominated student loan with the support of a qualified U.S. citizen or permanent resident as their cosigner. These loan options may cover up to 100% of the school-certified cost of attendance.
Why Consider U.S. Cosigner Loan Options?
- No collateral security required
- Coverage of a wide range of schools and programs
- Potential for up to 100% of the cost of attendance
- Flexible repayment options such as interest-only, deferred, or fixed monthly payments
- Some loan options have no application, origination, or prepayment fees
Features of U.S. Cosigner Loan Options
- Loan Amount: May cover up to 100% of your school-certified cost of attendance
- Usage: Tuition fees, living expenses, housing, books, and more
- Interest Rates:
- Variable APR range: Less than average INR loans, check website for rates
- Fixed APR range: Less than average INR loans, check website for rates
- The lowest APRs are available to the most creditworthy applicants and may require repayment incentives such as Auto Debit or interest-only repayment options.
- Repayment Terms: Typically 5, 7, 10, 12, or 15 years depending on the loan option
- Repayment Options:
- Immediate: Start principal + interest payments right away
- Interest-Only: Pay monthly interest while in school
- Fixed Pay: Pay $25/month while in school
- Deferred: Make no payments while in school, then start full repayment after graduation
Who is a Good Cosigner for a U.S. Student Loan Option?
- A strong cosigner typically meets the following:
- Is a U.S. citizen or permanent resident
- Has a strong credit score and a stable income
- Has at least 2–3 years of U.S. credit history (requirements may vary by lender)
If you're working with a study abroad consultant, refinancing your loan could be the next smart financial step.
Documents Required for a U.S. Cosigner Loan Option?
- Requirements may vary by lender, but generally include:
- For the Student (Applicant):
- Passport copy & finalized admit from a U.S.-based university - For the Cosigner:
- Proof of identity
- Proof of income (recent pay stubs or tax returns)
- Credit and address verification documents as required - Note: Additional documentation may be required by specific lending partners.
Frequently Asked Questions
Why do students choose U.S. cosigner loan options?
Students may benefit from competitive interest rates, flexible repayment options, and the ability to build credit history in the U.S.
Can I get 100% funding?
Some loan options may fund up to 100% of your school-certified Cost of Attendance (COA). Loans are typically disbursed one academic year at a time.
Am I eligible for a U.S. cosigner loan option?
Eligibility generally requires admission to an eligible U.S. institution and a qualified cosigner who is a U.S. citizen or permanent resident.
Is collateral required for this loan?
No, these loans are usually unsecured. Your cosigner’s creditworthiness replaces the need for collateral.
How will my cosigner be impacted if I miss payments?
If you miss payments, it will appear on your cosigner’s credit report and may harm their score. They are legally responsible for repayment if you default.
Is this type of loan option risky for international students?
As with any loan option, responsibility lies in repayment. Interest accrues over time, and missed payments may impact both you and your cosigner.
Can I repay while studying?
Yes. Some students choose to pay interest while studying to reduce total repayment costs.
What if my cosigner backs out?
You would likely need to identify a new eligible cosigner to reapply for the loan option.
Can my cosigner be a non-U.S. citizen?
No. Cosigners must be U.S. citizens or permanent residents.
Can I change my cosigner mid-program?
This depends on lender policies. You would need to contact your lender for approval.
What happens if I can’t repay?
Your cosigner would become responsible for repayment. Continued nonpayment may result in legal action and damage to credit history.
Are these loan options available to Indian students?
Yes. Indian students who meet the eligibility requirements can apply for U.S. cosigner loan options.
Can refinancing lower my monthly payments?
Yes. Depending on your credit profile and the terms you choose, refinancing could lower your monthly payments or help you pay off your loans faster.
Financing dreams of global nomads
Contact
Important Links
Offices
Chicago, US
Millennium Centre, 33 W Ontario St Suite 18D, Chicago, IL 60654, United States
Mumbai, India
Sundervilla, A wing 314B, Hasmukh Nagar, Santacruz (West), Mumbai, MH 400054
Registered Office
We work, Goregaon, Building 4, North Wing, NESCO IT Park, Western Express Highway, Goregaon East, Mumbai, MH 400063
GST Regn No: 27AAGCN6529G1Z9
Partner offices in 30+ cities globally
Copyright © Unifi Lending LLC. All Rights Reserved 2025.