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Loan For Students

Ian Said:

Can overseas students get a loan in the UK to study?

We Answered:

Because she's from an EU country I believe she would qualify for a student loan :)

More information:…

Steve Said:

How much student loan can be offered to british students?

We Answered:

You can get a loan to cover the full amount of your fees, a maintenance grant of up to £2765.

The maximum amount for a maintenance loan is roughly £3000. You are guaranteed 72% and the rest is means-tested.

Angela Said:

What is the best loan option for prospective grad students?

We Answered:

Your best bet for grad school is the federal GradPLUs loan. Federal loans typically have the best interest rates and most generous repayment options. You must start by filling out your FAFSA.

If you've missed the FAFSA deadline for this year, private student loans are also available. These loans are credit-based, which means the interest rate will probably be variable, and based on your credit history. Having a cosigner with good credit can help. Private student loans are usually more expensive than federal loans, but still have benefits over "bank" loans, such as potential interest deduction on your taxes.

Explore your options, and borrow only what you need, b/c you will have to pay it all back eventually.

Gary Said:

How much money can i borrow for a student loan?

We Answered: - it provides some tips about applying to US federal and state grants for college students.

Henry Said:

why do indian students coming to US for masters in science need a bank loan?

We Answered:

Some graduate Science schools do offer stipends to students.

More common is the so-called "rupee whore" USA school which will take all the Indian students it can get, by the planeload, so long as they pay full tuition. Since university studies in the USA are extremely expensive, such students need to take out student loans.

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