Study loans for International Students Without Cosigner In 2023

Loans for International Students Without Cosigner 2023 | Get Quick Loan Now

If you have been looking into Student loans for international students without cosigner, you have probably noticed the term “cosigner” popping up everywhere. What exactly is a cosigner? Unfortunately, a cosigner is more than just a second signature on your loan application.

Study loans for International students without cosigner

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In the United States, the term cosigner refers to a second party who will become responsible for the payments if the borrower is unable to repay the loan. It is added security for the lender that gives them a second person to pursue if they do not receive payment.

What to Do if You Can’t Get a Cosigner?  Getting a loan without a cosigner may seem impossible, but there are options. Some private lenders offer no cosigner student loans — In fact, here is the solution to this challenge.

Before choosing a lender, it’s important to do your research and find a lender that will offer you a loan that meets your needs. You can use our Study loans for International students without cosigner Tools to get information from the student loan companies that work with international students in just a few clicks.

With no-cosigner loans, instead of looking at credit history, the lender will look at your academic success and career path. A few factors they will take into consideration include your home country, graduation date and what school you attend.

Now for the good news! There are several online lenders designed specifically for international students and others who may have trouble qualifying for a loan or getting a cosigner. Below you will find the top three online lenders for international students.


Stilt is specifically designed for international students and others who may have difficulty obtaining a private or federal loan in the US. Stilt lends to immigrants, including international students and DACA holders, who can’t get a cosigner and have competitive interest rates starting at 7.99%. Stilt is the top pick, as they have the fewest qualification requirements. The loan process is really quick — you can get a decision within 24 hours after a complete application. The funds can be in your account in as quickly as 1 business day after the promissory note is signed. Stilt doesn’t partner with universities, so you are eligible to apply irrespective of the university you attend. Stilt is also the only option if you want to refinance your international student loan without a cosigner. You can also start building credit with a Stilt loan.


Like Stilt, MPOWER also focuses on international students and has a minimum 7.99% interest rate. To make up for the lack of cosigner, however, MPOWER tends to give loans to students they feel have high earnings potential. Mpower partners with universities and provides loans only for a few majors. To be eligible for Mpower, you should be attending a school supported by Mpower and be in the last 2 years of your education. The loans have up to 10 years repayment period. Because of this, it can be difficult for undergraduate students and students at lower-tier universities to qualify. On average, it takes 3 weeks for an end-to-end process with Mpower, and the funds are disbursed directly to the school.


Another international student loan company is Prodigy Finance. They have seen great success and hope to grow tremendously in the future. The downside, though, is that they have tough qualification guidelines. The list of partner universities and majors is limited. Prodigy is focused on loans to international students who attend MBA programs. They only offer loans to students at the highest-ranked universities and even restrict the areas of study that they will cover. The loans are originated from a U.K.-based entity, and the repayments are not reported to credit bureaus in the U.S.

How to Apply for Study Loan

Congratulations, you are a step away from getting a study loan for international students without cosigner. You can proceed by submitting your application here online. We wish you luck as you proceed with the process.

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