Never before has there been a loan comparison tool that has been available for international students.
Neptune Beach, Florida (PRWEB) January 04, 2012
International Student Loan is pleased to announce the launch of the first comparison tool designed for international, study abroad and foreign enrolled students. The new loan comparison tool matches foreign students to loans and lenders based on eligibility. Before the introduction of this comparison tool, determining which loans were available to international students was a challenge since some lenders restrict non-US citizens and all lenders work with only specific approved schools.
With the introduction of International Student Loan’s comparison tool, all of these factors are instantly taken into consideration. Now, students can enter their school, citizenship, and whether they have a US co-signer, and students will be matched to eligible loans quickly and easily. This unique resource streamlines the loan process, allowing international students to compare lenders’ terms and conditions, and then apply directly online.
Keith Clausen, President of International Student Loan commented, “In today’s market, US students can compare loans if they plan to attend a US college or university. Never before has there been a loan comparison tool that has been available for international students. This simple but powerful tool now allows international students to have similar capabilities so that they can compare and choose the loan that’s right for them.”
As the number of international and study abroad students increase, schools are looking for financial aid resources to offer their foreign students. This resource is unparalleled in international education and aims to centralize relevant information that students need to make important financial decisions.
“Today, more and more students are studying abroad. Globalization has changed the way we do business, and an international education is the beginning. Financial aid is in many cases a necessity for students studying overseas and this new tool empowers students to see which lenders will loan to international students at their school,” added Mr. Clausen.
Students can apply for a loan up to the total cost of their education, minus any other aid received, including room and board and other living expenses. A US co-signer is required for all international students and most US students.
For more information, contact Jennifer Frankel at jfrankel(at)InternationalStudentLoan(dot)com or +1-904-247-1387.
About InternationalStudentLoan.com: International Student Loan is owned and operated by Envisage International Corporation and headquartered in Neptune Beach, Florida. As a NAFSA Global Partner and with an A+ Reliability Rating from the Better Business Bureau, International Student Loan.com has been helping students from all over the world achieve their goals of international education since 1998, and has become the leading destination for international education financing.