9 Best Lendwise Student Loan for International Students: (Loan in 3 Days)

Pursuing higher education as an international student can be financially challenging.

Student loans tailored specifically for international students can help bridge the gap between personal savings and the total cost of attendance.

In this article, we’ll explore the 9 best Lendwise student loan for international students, highlighting key loan providers, their terms, interest rates, and eligibility requirements.

Best Lendwise Student Loan for International Students

Loan Provider	Loan Amount	Co-signer Requirement	Interest Rates	Loan Terms	Eligibility Requirements
1. Lendwise	Up to £100,000	No	5.95% – 11.75%	5 to 10 years	Enrollment in supported institutions
2. MPOWER Financing	Up to $100,000	No	11.99% (fixed)	10 years	Enrolled in eligible U.S. or Canadian schools
3. Prodigy Finance	Up to 80% of COA	No	8.20% – 12.20% (variable)	7 to 20 years	Graduate programs at supported institutions
4. Ascent	Up to $200,000	Optional	9.78% – 15.67%	10 to 15 years	U.S. study programs
5. Discover Student Loans	Up to 100% of COA	Yes	5.49% – 14.99%	15 years	U.S.-based co-signer required
6. College Ave Student Loans	Up to $200,000	Yes	5.99% – 13.74%	5 to 15 years	U.S.-based co-signer required
7. Sallie Mae	Up to 100% of COA	Yes	5.37% – 14.45%	15 years	U.S.-based co-signer required
8. Scotia Bank GIC Loan	Up to CA$10,000	No	Fixed rates (varies)	1 year	Canadian DLI enrollment required
9. CIBC Education Loan	Varies	Yes	6.50% – 12.99%	10 years	Canadian co-signer required

1. Lendwise

Lendwise specializes in providing loans for postgraduate and professional courses for international students.

• Loan Amount: Up to £100,000.
• Interest Rates: Fixed rates between 5.95% and 11.75%, depending on the borrower’s profile.
• Loan Terms: Flexible repayment options ranging from 5 to 10 years.
• Eligibility Requirements: Students must be enrolled in a Lendwise-supported university or program.
• Unique Benefits: Personalized interest rates and repayment holidays available upon request.

2. MPOWER Financing

MPOWER Financing is a go-to option for international students needing a co-signer-free loan.

• Loan Amount: Up to $100,000 for tuition and living expenses.
• Interest Rates: Fixed rate of 11.99%.
• Loan Terms: Up to 10 years.
• Eligibility Requirements: Enrollment in eligible U.S. or Canadian institutions is required.
• Unique Benefits: Interest rate reductions for autopay enrollment and referral programs.

3. Prodigy Finance

Prodigy Finance focuses on graduate students, offering loans without co-signer or collateral requirements.

• Loan Amount: Covers up to 80% of the cost of attendance (COA).
• Interest Rates: Variable rates between 8.20% and 12.20%.
• Loan Terms: Flexible repayment plans from 7 to 20 years.
• Eligibility Requirements: Students must be pursuing graduate programs at Prodigy-supported institutions.
• Unique Benefits: No hidden fees and easy online application process.

4. Ascent

Ascent provides both co-signed and non-co-signed student loans, making it a flexible choice.

• Loan Amount: Up to $200,000.
• Interest Rates: Fixed rates range from 9.78% to 15.67%.
• Loan Terms: Repayment terms of 10 to 15 years.
• Eligibility Requirements: Enrollment in a U.S.-based educational program.
• Unique Benefits: Offers non-co-signed loans based on a borrower’s creditworthiness and future earnings potential.

5. Discover Student Loans

Discover offers comprehensive loans for international students with a U.S.-based co-signer.

• Loan Amount: Up to 100% of COA.
• Interest Rates: Variable rates between 5.49% and 14.99%.
• Loan Terms: Repayment period of 15 years.
• Eligibility Requirements: Requires a U.S.-based co-signer.
• Unique Benefits: No fees for application, origination, or early payment.

6. College Ave Student Loans

College Ave is renowned for its simplicity and fast processing.

• Loan Amount: Up to $200,000.
• Interest Rates: Fixed rates range from 5.99% to 13.74%.
• Loan Terms: Flexible repayment terms of 5 to 15 years.
• Eligibility Requirements: Requires a U.S.-based co-signer.
• Unique Benefits: Highly customizable repayment plans.

7. Sallie Mae

Sallie Mae is a top choice for international students needing loans with flexible usage.

• Loan Amount: Up to 100% of COA.
• Interest Rates: Fixed rates between 5.37% and 14.45%.
• Loan Terms: 15 years.
• Eligibility Requirements: U.S.-based co-signer required.
• Unique Benefits: Allows deferment options and supports part-time students.

8. Scotia Bank GIC Loan

Scotia Bank offers a Guaranteed Investment Certificate (GIC) loan tailored for international students in Canada.

• Loan Amount: Up to CA$10,000, meeting Canadian visa requirements for proof of funds.
• Interest Rates: Fixed rates, varying by market conditions.
• Loan Terms: Typically 1 year.
• Eligibility Requirements: Enrollment in a Designated Learning Institution (DLI) in Canada.
• Unique Benefits: Helps with proof of funds and supports initial living expenses.

9. CIBC Education Loan

CIBC provides student loans for international students in Canada with a Canadian co-signer.

• Loan Amount: Varies based on co-signer’s creditworthiness.
• Interest Rates: Fixed rates between 6.50% and 12.99%.
• Loan Terms: 10 years.
• Eligibility Requirements: Canadian co-signer required.
• Unique Benefits: Offers personalized financial advice and flexible repayment schedules.

Quick One: We have other useful loan articles here.

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Conclusion

Finding the right loan provider is crucial for international students aiming to achieve their educational goals.

From Lendwise’s competitive interest rates to College Ave’s flexible repayment terms, these 9 best Lendwise student loan for international students cater to diverse needs.

Evaluate your financial situation, eligibility, and repayment capacity before selecting a loan provider to ensure a smooth academic journey.