5 best student loans for international students
International students studying in the UK are eligible for government-backed loans, just like British students. This is great news because it means that you can access funding to pay for your course and living costs at the same time as thousands of other students each year.
Postgraduate loan
Available to students with a UK visa and over the age of 24.
Postgraduate courses can be taken the part-time or full time and the university or college must be in the UK.
You can borrow up to £10,000 for each year of study on a postgraduate course.
International postgraduate loan
International postgraduate loans are available to UK and EU students who are studying at the University of London. You may apply for a loan up to £10,000.
Applications must be made between 1st July and 31st December 2019 (provisional dates) for courses starting in the academic year 2019/2020.
University of London postgraduate loan
Available to international students studying at the University of London, this loan is up to £10,000. It’s paid in installments over your course and interest-free.
Professional and Career Development Loan
You may be eligible to apply for a Professional and Career Development Loan if you’re a postgraduate or former student. This loan is available to students who have recently completed their studies, and it’s designed to help cover the costs of studying in England, Wales, or Northern Ireland.
You’ll need to prove that your course is UK-based, so you’ll want to check with your school about what this means for your program. In some cases, it might mean that you’ll need to enroll at an accredited institution in the UK (or at least complete one of its units). You’ll also need to be registered as either an international applicant or have been classified as ‘home’ status by Her Majesty’s Revenue & Customs in order for them to accept your application and process it quickly enough before deadlines pass by!
Undergraduate student loan
If you’re an undergraduate student, you can borrow up to £6,935. This loan is paid directly to your university or college and is repaid when you start earning more than £21,000.
Repayments are made through the tax system rather than through monthly repayments like other loans, which means that you don’t have to worry about missing out on payments by forgetting or being unable to pay.
International students can get loans from the UK government.
If you’re an international student, you may be able to get a loan from the UK government. The amount of money that you can borrow depends on your course and your country of residence.
You can apply for a loan before or after you arrive in the UK, depending on how much time is left until your master’s program begins.
There are many different types of loans available for international students:
Conclusion
The UK government has a number of loans available for international students. These loans can make your education more affordable and help you to achieve your goals. They are available for both undergraduate and postgraduate study, so there is sure to be one that’s right for you!