U.S. Cosigner Student Loans for International Students

Start financing your USA study abroad journey

Nomad Credit can help you search for potential education loan options for the USA designed specifically with international students in mind, including U.S. Cosigner loan options. A U.S. Cosigner loan option often sees lower interest rates than other loan options, but it does require a U.S. citizen or permanent resident as a cosigner.

Some of the benefits of a U.S. Cosigner loan option are as follows:

• Potentially save thousands on your loan repayment due to lower interest rates compared to loan options from Indian banks and NBFCs
• No processing fees, origination fees, or prepayment penalties
• May defer payment up to six to nine months after graduation
• Can cover up to 100% of cost of attendance
• Potential cost savings compared to loans from Indian lenders as TCS (Tax Collected at Source) and other costs may not be applicable
• Avoid forex fees as loans are U.S. dollar denominated

^*U.S. Cosigner Student Loan Rate and Terms Disclosure: The lenders on the Nomadcredit.com platform offer fixed rates from 4.43% - 15.49% APR and Variable interest rates from 5.32% - 16.33% as APR. Rates displayed include Automatic Payment and Loyalty Discounts, where applicable. Note that such discounts do not apply while loans are in deferment. Variable rates will fluctuate over the term of the borrower's loan with changes in the Index rate. The Index will be either LIBOR or SOFR. Rates are subject to change at any time without notice. Your actual rate may be different from the rates advertised and/or shown above and will be based on factors such as the term of your loan, your financial history (including your cosigner’s (if any) financial history) and the degree you are in the process of achieving or have achieved. While not always the case, lower rates typically require creditworthy applicants with creditworthy co-signers, graduate degrees, and shorter repayment terms (terms vary by lender and can range from 5-20 years) and include Automatic Payment and Loyalty discounts, where applicable. Loyalty and Automatic Payment discount requirements as well as Lender terms and conditions will vary by lender and therefore, reading each lender’s disclosures is important. Additionally, lenders may have loan minimum and maximum requirements, degree requirements, educational institution requirements, citizenship and residency requirements as well as other lender-specific requirements. Lenders will conduct a hard credit pull for you and your cosigner, when you submit your application. Hard credit pulls will have an impact on your credit score and your cosigner’s credit score.