Top 20 Student Loans for International Students in UK
Are you dreaming or currently studying in the Uk but you’re worried about your fees? You’re not alone. There are lots of students out there seeking financial assistance. Here are top 20 best student loans for your studies in UK:
1. Prodigy Finance
The first on the list is prodigy finance not for any specific reason. Prodigy finance offer up to 100% tuition fees to international students admitted to top UK universities. They place priority in the quality of university you school and your future earning potential.
This international student loan offer comes with a variable interest of 7-11% APR and a repayment term of up to 20 years.
Acquiring student loans from prodigy finance does not require any collateral or cosigner. All you have to do is, complete the application and get eligibility result.
To begin the process visit Prodigy Finance Website
2. Future Finance
One of the best loans for international students is the future finance. Future finance provides loan from : £2,000 to £60,000 to international students in the UK.
However, the interest rates varies for a UK and international students.
The interest rates starts from 8.9% APR with up to 10 years repayment term.
It comes with a flexible repayment option and an interest only payments while studying.
3. MPOWER Financing
As an international student seeking loan, MPOWER financing is a great option to explore.
MPOWER financing offers students loan from $2,001 to $100,000. Their interest rate are fixed and is from 14.98% with a 10 years repayment term. To be eligible for the MPOPWER finance international students loan, you must be a student of their partner universities in the UK. Besides this, they don’t require any cosigner, collateral or credit history check. Here’s a plus, they go further to provide career support to students like resume reviews and lots more.
To begin application visit MPOWER Financng
4. Lendwise
Lendwise is a financial institution that offers student loans up to £100,000 to international students pursuing undergraduate or postgraduate degrees in UK. As an international students looking for financial support, you can obtain this loan and gain potential interest rate reductions based on your academic performance.
Note, the interest rates starts from 7.5% with up to 10 years repayment term.
To begin applying, visit Lendwise
5. Stride Funding
Stride funding offers international students loan up to $5,000 to $25,000. To be eligible you must be an international student in a select program. The loan offers are limited to this select programs. Also, it comes with a fixed interest rates from 7.99% and 5-10 years repayment terms.
What makes stride interesting is, it offers income based repayment option. As an international student seeking for students loan, what’s keeping you?
Try stride funding for your international student loans. visit https://www.clasp.com/
6. Credila (HDFC Bank)
As an Indian student studying abroad who is in need of student loan, credila is a good option as there is no upper limit. What makes this student loan more interesting is, it has competitive interest rates on based on student profile. As an Indian student, Credila is an amazing choice for a student loan. There is an 100% funding, simple online application and tax benefits for Indian students.
To begin you can visit
7. Global Student Loan Corporation
As an international students looking for student loan, you can receive total cost of tuition by Global student loan corporation. The Global student loan corporation partners with local banks in various countries to provide loans to international students. All you need to do is apply.
It is important you note the loan is offered to international students from select countries. You can visit Global Student Loan Corporation for more details https://www.expertsglobal.com/global-student-loan-corporation
The Global Student Loan Corporation has a variable interest rate, based on LIBOR with 25 years repayment term.
8. Stilt
Stilt offers international student loans up to $35,000 to eligible students and visa holders in the US but can be used for UK studies. Stilt makes a good option for those transferring or taking short courses in the UK. The interest rates starts from 7.99% with 6-36 months repayment terms. Stilt is one of the best student loans for international students.
To begin you can visit https://www.stilt.com/education/guide-to-international-student-loans/
9 Leap Finance
Leap Finance offers international students loan up to 100% of tuition fees. To be eligible you must be an Indian students studying abroad. Leap finance international student loans comes with high competitive interest rates, often lower than Indian banks. What makes it more inviting is the flexible repayment option. As an international students looking for student loan, consider leap finance. It provides an end-to-end digital process, international bank accounts and credit cards.
Visit https://leapfinance.com/
10. Kovalev Student Loans
Kovalev offers students loan up to £1,000 to £5,000 to international students in the UK. This loan comes with a fixed 1% interest rate per month with a 6-24 months repayment plan. Kovalev student loans is good for small loan amounts and has shorter repayment terms. This loan is best for short-term expenses.
11. Auxilio
Auxilio is a financial institution that offer student loan up to to £60,000 to UK and international students. This loan offer has variable interest rates, from 9.9% with up to 15 years repayment term. Auxilo stands out for offering students loan to both UK and International students.
As an undergraduate or postgraduate you can apply for this student loan from auxilo and enjoy the flexible repayment option.
To begin visit, https://www.auxilo.com/
12. Bank of Baroda Education Loan
Bank of Baroda Education Loan is available to Indian students studying abroad. It has a loan limit of to £50,000 and a competitive interest rates based on MCLR. Bank of Baroda is an established bank with a strong presence in the UK. International students loan offered by Bank of Baroda are collateral free up to a certain amount. There’s a 15 years repayment plan.
To get started visit Bank of Baroda Education Loan
13. Eduloans by Nuffic
There are many international student loans offers out there, but Eduloans by Nuffic is specifically designed for students from developing counties. As an international students in need of student loan, Eduloans by Nuffic offer favourable terms and loans up to €15,000 per year. It has a affixed 6.3% interest rate and a 10 years repayment terms.
You can check Eduloans by Nuffic out, visit, Eduloans by Nuffi
14. CommonBond
CommondBond offers international students loan up to the total cost of tuition. To be eligible for this loan, as an international student you must have US cosigner. The interest rate is variable and fixed. For a US cosigner, the interest rates are very competitive and comes with forbearance options. Note the repayment terms is 5-15 years.
To begin you can visit Common
15. Sallie Mae
Sallie Mae offers international students loan up to 100% of school certified costs. To be eligible, you must be an international students with a creditworthy US citizen or permanent resident cosigner. The interest rates are variable and fixed with a 10-15 years repayment terms.
As an international students looking for student loan you can secure a multi-year approval option, thereby securing funding for your entire education upfront.
16. Discover Student Loans
Discover student loans is provided to international students with a 100% school certified costs covered. To be eligible you must be an international students with a credit worthy US citizen or permanent resi cosigner. You have access to a variable and fixed interest rates with 15-20 years repayment plan.
To begin you can visit, https://www.discover.com/student-loans/
17. ICICI Bank Education Loan
ICICI Bank Education Loan is provided for Indian students studying abroad. As an international students you have access to up £150,000 student loan with highly competitive interest rates based on the student’s profile. This loan offer comes with up to 15 years repayment term. ICICI offer large international students loan as an established bank with international presence.
You can begin application by visiting ICICI Bank Education Loan
18. UniCreds
Unicreds is an institution that connects students with multiple lenders. Are you a domestic student or international students looking for student loa, Unicreds can connect you to great lenders.
The requirements for an international student varies. Unicreds provides multiple lenders to students for easy comparison and decision.
As an international students looking for student loan, try out Unicred as they connect students with multiple lenders.
To begin application you can visit, Unicred
19. HSBC International Student Loan
HSBC International student loans are available to international students with a UK resident guarantor. The loan offer goes as high as £200,000. The interest rates are highly competitive with 20 years repayment plan.
To begin you can visit HSBC International Student Loan
20. Scotiabank International Student Loan Program
Scotiabank International Student Loan Program provides international students studying in Canada, UK, Or USA loans up to CAD $150,000. The interest rates are highly competitive but varies based on country and program. It has a repayment term of up to 20 years.
To begin you can visit Scotiabank International Students Loan Program
Conclusion
As an international students seeking loan, choosing the right loan can be very difficult as there are numerous options out there. It is important you always shop around and compare the offers and determine which best fits your need.
