Cover 100% of College Costs

Sallie Mae Education Loan For Study Abroad

Sallie Mae turns your education dream into a fully funded future, every step of the way

Quick Loan Review

Max Loan Amount

Minimum $1,000; Maximum - up to 100% of cost of attendance

Margin Money

5% - 7%

Interest Rate

2.89% - 3.75%

Repayment Tenure

Upto 15 Years

Countries Covered

USA, UK, Canada, and Europe

Processing Time

7 working days

Overview - Sallie Mae Education Loan

Studying abroad is a life-changing step, but the financial side can quickly become confusing without the right guidance.

The Sallie Mae study abroad loan is one of the most popular options for international students, especially if you’re looking for an abroad education loan with US cosigner.

Key Features of Sallie Mae Study Abroad Loans

The Sallie Mae loan for international students is designed with flexibility in mind, especially for students who may not have a U.S. credit history.

Sallie Mae Study Abroad Loan Interest Rates

Interest rates vary depending on your credit profile and whether you have a co-signer. Here’s a simplified overview:

Loan Type	Interest Rate (p.a.) - Fixed	Interest Rate (p.a.) - Variable
Undergraduate Loan	2.89% - 17.49% APR	3.75% - 16.37% APR
Graduate Loan	2.89% - 14.99% APR	3.75% - 14.48% APR
Career Training Loan	2.89% - 17.64% APR	3.75% - 16.62% APR

Note: The Sallie Mae loan interest rate study abroad depends heavily on your co-signer’s creditworthiness.

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Education Loan Options

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Which degree do you want to pursue? *

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Which University do you want to attend?* If not listed, select "Not Listed." If undecided, choose "Still Deciding."

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Why Choose Sallie Mae for Studying Abroad?

Choosing the right lender can make or break your financial planning. Here’s why many students opt for Sallie Mae loans:

Trusted U.S.-based lender with decades of experience.
Wide acceptance across universities.
Flexible repayment structures.
Strong digital application process.

Eligibility Criteria for Sallie Mae Education Loan

Understanding eligibility is crucial when researching how to apply for Sallie Mae loan international student. To qualify for a Sallie Mae international student loan, you must meet certain criteria:

Criteria	Requirement
Citizenship	Non-U.S. students allowed
Co-signer	Required (U.S. citizen or permanent resident)
Enrollment	Must be enrolled in an eligible institution
Academic Progress	Must meet satisfactory academic standards
Credit Check	Based on co-signer profile

Get Your Education Loan Today!

Explore the best loan options, check your eligibility in 2 minutes, and review financing options suited to your needs

Expenses Covered Under Sallie Mae

A Sallie Mae study loan goes beyond just tuition. It typically includes:

Tuition Fees - Covers the main cost charged by your university for your program. This amount is usually paid directly to the institution.
Books, Supplies, and Academic Fees - Covers things like textbooks, lab fees, and other study materials you’ll need during your course.
Housing and Living Expenses - Covers both on-campus housing like dorms and meal plans, as well as off-campus costs such as rent, utilities, and groceries.
Transportation Costs - Includes daily travel expenses such as fuel, parking, and public transport.
Technology and Equipment - Helps pay for laptops, software, and other tools required for your coursework.

Get Your Education Loan Today!

Explore the best loan options, check your eligibility in 2 minutes, and review financing options suited to your needs

Documents Required for Sallie Mae Loan Application

When applying for a Sallie Mae loan for international students, you’ll need to provide a mix of personal, academic, and financial details. Having these ready can speed up your application.

Student Documents

Personal information such as date of birth, residential address, and Social Security number (if applicable).
Academic details including university name, course, intake, and degree program.
Financial information such as bank account details.
Employment and income details (if currently working).
Loan requirement details including the amount you plan to borrow.

Credit Profile

Credit history of the applicant or co-signer, which plays a key role in loan approval.

Co-signer Details

A co-signer is usually required for international students.
The co-signer will need to provide their personal, financial, and credit information.
Details can be submitted during the application or shortly after for approval.

How to Apply for Sallie Mae Loan Through Nomad Credit

Applying for a loan doesn’t have to be complicated. Here’s how you can complete your Nomad Credit Sallie Mae loan application:

Step 1: Check Your Eligibility

Begin with a quick eligibility check. This gives you a clear idea of whether you qualify for a Sallie Mae student loan before moving forward.

Explore and Compare Options

Take a moment to review different loan options, including the Sallie Mae loan. This step also helps you understand a quick Sallie Mae student loan review based on features, rates, and flexibility.

Step 3: Fill Out Your Application

Enter your personal, academic, and financial details to get started with your Nomad Credit Sallie Mae loan application.

Step 4: Add Your Co-signer

If a co-signer is required, they can submit their details during the process or shortly after. This step is important for approval.

Step 5: Submit and Track Progress

Once everything’s filled in, go ahead and submit your application. After that, you can keep an eye on updates as your application moves forward.

Sallie Mae Loans for Popular Study Destinations

Always confirm your university’s eligibility before applying. Sallie Mae loans are widely used for:

United States
Canada (select programs)
United Kingdom (limited cases)
Europe (limited cases)

United States

UK

Canada

Europe

Why Apply for Sallie Mae Loan via Nomad Credit?

Finding the right help can make the whole loan process a lot easier. With Nomad Credit as your study abroad consultant, you get guidance along the way and a simpler path to securing your Sallie Mae loan.

Compare 20+ lenders to find the best-fit option

End-to-end document help for a smooth application

Faster processing with dedicated support

Better interest rates through expert negotiation

Admissions + loan support in one place

100% free service with zero charges

Disclaimer: Approval and loan terms depend on your profile. Nomad Credit only helps with the application part. The final decision always comes from Sallie Mae, so make sure you check the details before applying.

Trusted by Thousands of Graduates

Real People. Real Savings.

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

What is the Sallie Mae loan eligibility for F1 visa students?

If you’re on an F1 visa, you can still apply for a Sallie Mae loan for international students. The main thing lenders look for is a reliable U.S. co-signer. Along with that, you’ll need to be enrolled in an eligible program and stay in good academic standing.

What repayment options does Sallie Mae offer for international students?

The Sallie Mae loan repayment options for international students are designed to be flexible. You can choose to defer payments while studying, pay only interest during your course, or start with small fixed payments. The right option depends on how you want to manage your finances during and after your studies.

How can Nomad Credit’s loan finder tool help me choose the right student loan?

Instead of checking every lender one by one, the Nomad Credit loan finder tool lets you see multiple options in one place. You can quickly compare interest rates, eligibility, and repayment terms, which makes the whole decision process a lot less overwhelming.

Can Indian students get a Sallie Mae loan?

Yes, Indian students can apply for a Sallie Mae international student loan. The main condition is having a U.S.-based co-signer who meets the credit requirements. Many Indian students use this option when planning to study in the United States.

Can I get a student loan for M7 MBA business schools?

Yes, you can. Students heading to top programs like M7 MBA business schools often look at lenders such as Sallie Mae. Since these universities are well-recognized, it can work in your favor during evaluation. Just keep in mind that most international applicants will still need a U.S. co-signer.

How can I get an education loan for USA, especially for an MS program?

Getting an education loan for USA for programs like MS is quite common for international students. Lenders such as Sallie Mae offer options that cover tuition and living expenses. If you’re applying for an education loan for MS in USA, having a strong academic profile and a U.S. co-signer can make the process smoother and improve approval chances.

Why are student loans with US Cosigner preferred for studying abroad?

Student loans with US cosigner are often easier to secure because they reduce the lender’s risk. An abroad education loan with US cosigner can also help you access better interest rates, higher loan amounts, and more flexible repayment terms, making it a practical choice for many international students.