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 October 1 of each year and it is recommended that you have your FAFSA completed at least by June 1.
Once your FAFSA has been successfully processed, you may be offered federal loans.
International Student Loans
For an international student, there may be loan options. Better loan terms may apply if you have a U.S. citizen or permanent resident co-signer. We are not able to recommend any lenders specifically, but we will work with all banks and lending institutions.
We, as the University of Texas at Austin, cannot be your co-signer.
If you choose to pursue a private loan, we recommend applying no sooner than a few months before you start the 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.
If you have any questions, feel free to contact us at FinancialAid@mccombs.utexas.edu.