Loan Information for International Students
Supplemental Loan Programs
You may find that you have a shortfall in the total amount of financial resources that you need in order to attend HSPH. Our total cost of attendance budget at HSPH for international students is up to $74,097 for 2014-2015. (See Budgeting Section for your student budget based on your program of study.) You are eligible to apply for supplemental loans up to the cost of attendance minus other financial aid resources. For example, if you received $20,000 in a scholarship (within HSPH or externally), you may qualify for a loan up to $54,097 ($74,097 minus $20,000).
Supplemental loans are not packaged automatically and are considered self-initiated requests. You may choose from a number of differing loan options and initiate a loan application. Once you have completed the required application, OSFS will certify these loans and they will disburse directly on your Harvard bill.
When borrowing a loan in the U.S., you should be considering the following: credit requirements, interest rate terms (ie: fixed or variable), fees, repayment incentives for the borrower, total cost, deferment and forbearance options, repayment timelines and flexibility.
Additional factors to consider as an international student borrowing:
It is imperative that when you apply for a loan that you only consider an amount that is realistic for you to borrow. Please take into consideration your citizenship country, economic situation, ease of repayment, exchange rates, and job prospects. This may be a bit of a challenge to gauge, but there are some loan calculators that we would strongly recommend you visit to assist you in capturing a picture of your future repayment.
INTERNATIONAL LOAN PROGRAM INFORMATION
To review some supplemental loan program options, we invite you to visit our central ISite at: Private Loans for Graduate and Professional Students
This ISite has information about private loan options for graduate students that do require a U.S. co-signer. You may find that applying for a loan with a U.S. co-borrower may result in more favorable terms and conditions so please review carefully all of the available loan programs if you will need to borrow for your attendance at HSPH.
Harvard University Employees Credit Union (HUECU) Student Loan
An agreement has been reached with the HUECU for 2014-2015 which has expanded the pool of available funds and has made loans accessible to international graduate and professional students that do not require a U.S. co-signer.
- 2013-2014 International Private Loans – Terms & Conditions Fact Sheet (includes HUECU Loan Information) – Note: the 2014-15 fact sheet is not yet available. You may visit HUECU for up to date information on the private loan terms and conditions.
Please note the HUECU Loan Program has one-year contracts each academic year. While we anticipate a continued relationship with this lender in subsequent years, we cannot guarantee the custom loan program will be available or with the same terms and conditions.
Students who are interested in the 2014-2015 HUECU International Private Student Loan Program should:
We are delighted that Harvard University was able to negotiate an international no-cosigner loan choice for our international students. Please feel free to contact us for more information at 617-432-1867 or by email at email@example.com.