5 International Student Loans For Graduate School [Refinancing]

Are you considering student loan options? We’ve compiled a list of international student loans for graduate school. If you need to apply for a private student loan without cosigner, here, we go!

Studying abroad can be quite expensive, putting a strain on a student’s finance. Due to this, many have resorted to borrowing loans to complete their education.

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Compared to U.S. citizens and eligible non-citizens, international students have limited access to federal student loans. Private loans seem like the best option for international students.

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MPOWER Private Student Loan

This student loan requires no consigner, credit history, or collateral. Students from over 190 countries pursuing any degree can apply for MPOWER Private Student Loan.

The loan covers a year or two years program. Students will only need to pay interest on the first six months of schooling and six months after graduation.

Some perks of this student loan include immigration resources, free visa support letters, and scholarship opportunities.

  • Undergraduate fixed APR: 14.98%
  • Graduate fixed APR: 12.94%
  • Loan Amount:$2,001-$100,000
  • Loan term: 10 years

Citizens One

Unlike the former, students will need a cosigner who is a U.S. citizen or permanent resident with good credit history to complete the loan application.

Students who have an existing account with Citizens Bank are entitled to about 0.50% interest rate discount. After 36 on-time payments, cosigners are released of their obligations.

There’s no application, prepayment, or origination fee involved in applying for a loan at Citizens One.

  • Variable APR: 3.23% to 10.95%
  • Loan Amount: $1,000 -$150,000
  • Loan term:  5, 10, or 15 years

Prodigy Finance

Only students pursuing a degree in business, engineering, science, public policy, law, math, and healthcare can apply for this loan.

Furthermore, these students must be from one of the 800 schools affiliated with Prodigy Finance. The financial company operates a no-fixed rate policy.

Compared to other student loans, Prodigy Finance adopts a simple interest calculation, thus helping borrowers save money.

  • Variable APR: Starting at 6.7%
  • Loan Amounts:  $15,000 to 100% of the total cost of attendance
  • Loan Terms: 7, 10, 15, or 20 years


As a flexible loan option, Discover offers borrowers room for multiple repayments.

If you need funds to complete your degree, Discover seems like a good option since it allows you to borrow money up to the total cost of attendance.

Compared to other lenders, Discover offers forbearance options and rewards to students doing exceptionally well in their academics. Students experiencing financial hardship are also eligible for the forbearance options.

  • Variable APR: 1.29% – 10.59%
  • Fixed APR: 3.99% – 11.59%
  • Loan amounts: $1,000 up to 100% of school-certified expenses
  • Loan terms: 15 years for undergraduate students; 20 years for graduate students

Ascent Student Loans

This student loan is suitable for eligible non-citizens with a U.S. cosigner. After 24 on-time payments, cosigners become free from loan obligations.

Students who want to apply for Ascent Student Loans must take a financial literacy course as part of the application process.

  • Variable APR: 1.51% – 9.09%
  • Fixed APR: 3.24% – 11.33%
  • Loan amounts: $1,000 – $200,000
  • Loan terms: 5, 7, 10, 12 or 15 years

Are you financially constrained? You might want to consider these international student loans for graduate school.

In choosing a suitable choice, take into account repayment plans, cosigner release, refinancing, etc.

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