Dear People
I am a boy of 17 years and I am in India and Sir, I want to do my Under-graduation in an USA university and I need so financial aid like scholarships and Loans. But, Some says that, I must have a US-citizen or a permanent residents in US to sign as co-signer, But I have no relative or friends in US to sign as a co-signer. So I want to know, How I can get loans without co-signers.
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November 8th, 2009 at 12:45 am
You need to think long and hard about borrowing money to go to school in the States. Many people think you can just stay here and work ater college, you will quickly become rich and easily pay back the loans. This is not the case. Most will have to return to their countries. If you borrow $200,000USD, the for 4 years at a top US collge, how will you pay that back if you return to India? That would be very hard to pay back if you stay in the US!
It only makes sense to come to a US school if you can get a scholarship. Get great grades and SAT scores and apply to schools that have scholarships for international students.