If you're a U.S. citizen or permanent resident, you'll likely be eligible for federal student loans. To determine your eligibility, you must complete a Free Application for Federal Student Aid (FAFSA). The FAFSA is available January 1 of each year and has a priority application date of March 15. It is recommended that you have your FASA completed at least by June 1.
Once your FAFSA has been successfully processed, you may be offered federal loans.
Loans for International Students
For an international student, there may be loan options. Better loan terms may be available if you have a U.S. citizen or permanent resident as a co-signer. Though loan terms will likely be less preferable, here are a few lenders that do not require a U.S. co-signer to be approved. We are not able to recommend any lenders, specifically, but do advise searching online to see what options are out there for you. We will work with all banks and lending institutions.
We, as the University of Texas at Austin, cannot be your co-signer.
HAVE YOU OR YOUR SPOUSE BEEN LIVING AND WORKING IN TEXAS FOR AT LEAST A YEAR?
If so, it's possible you could be considered an International Texas Resident. If you are able to establish domicile and be classified as a Texas Resident, your options for securing funding could open up.
If you choose to pursue a private loan, we recommend applying no sooner than a few months before the start or your program. Most private loans are credit-based and the approval decision may expire. Check with your lender about the length of time your application will remain valid before you apply. Summer loans require a separate approved application with your lender, and we cannot certify a summer disbursement with any fall/spring loans.
Once you have been approved for loan funding through your lender, please be sure to notify the financial aid team through this online form. Please be advised that since UT is such a large institution, we do not receive notifications directly from lenders when a student has been approved for funding.
If you have any questions, feel free to contact us at FinancialAid@mccombs.utexas.edu.