A private student loan offers more flexibility in repayment, lack of cosigner, fewer options to defer payments in comparison with federal student loans. Private student loans are still relatively new in the market, their reputation will depend on how the lenders will track repaying students.

International students searching for information about private student loans without cosigner on the Internet may find the information they need. If you’d like to learn more about private student loans without cosigner, we’ve got all the information you need.

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personal loans for students with no income

Get a private student loan with multiple benefits for you and your parents. Unlike most types of personal loans, they don’t require a cosigner and they offer repayment options that fit your personal situation.

8 student loans without a co-signer:

1. Federal Subsidized/Unsubsidized Loan
2. Ascent Private Student Loan
3. Funding U Private Student Loan
4. A.M. Private Student Loan
5. MPOWER Private Student Loan
6. Prodigy Private Student Loan
7. Stride Funding Income Share Agreement
8. Avenify Income Share Agreement

Federal student loans don’t require credit history or a co-signer. They’re also the most flexible when it’s time to repay, so use them first.

But to afford college, some students may need private student loans, which are credit-based. A small number of private lenders offer student loans without a co-signer. You’ll pay higher interest rates as a result.

Review our picks and instructions for how to shop for a student loan without a co-signer.

no cosigner loans for international students

Lender	NerdWallet Rating	Fixed APR	Variable APR	Min. Credit Score
Federal Subsidized/Unsubsidized Loan	5.0/5 Best for All student loan borrowers as their first option	2.75 – 4.30%	N/A	None
Independent Student Loan	5.0/5 Best for Upperclassmen with no credit, income or co-signer	7.00 – 14.50%	5.84 – 12.94%	Varies
A.M. Money Private Student Loan	4.5/5 Best for Students with a strong GPA	7.08 – 8.85%	N/A	None
MPOWER Private Student Loan	4.5/5 Best for International students	7.52 – 14.98%	N/A	N/A
Prodigy Private Student Loan	4.5/5 Best for International graduate students	N/A	7.52 – 12.00%	N/A
Stride Funding Income Share Agreement	4.5/5 Best for Income share agreements	N/A	N/A	None
Avenify Income Share Agreement	5.0/5 Best for Income Share Agreement for Nursing Students	N/A	N/A	None
Funding U Private Student Loan	5.0/5 Best for Students with a strong GPA	7.99 – 14.99%	N/A	None

best student loans without cosigner

Federal Subsidized/Unsubsidized Loan

• Fixed APR: 2.75 – 4.30%
• Variable APR: N/A
• Min. Credit Score: None

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Independent Student Loan

• 5.0
• Variable APR 5.84 – 12.94 %
• Min. Credit Score Varies

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A.M. Money Private Student Loan

• 4.5 Nerd Wallet rating
• Fixed APR: 7.08 – 8.85%
• Variable APR: N/A
• Min. Credit Score: None

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MPOWER Private Student Loan

• 4.5 Nerd Wallet rating
• Fixed APR: 7.52 – 14.98%
• Variable APR: N/A
• Min. Credit Score: N/A

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Prodigy Private Student Loan

• 4.5 Nerd Wallet rating
• Fixed APR: N/A
• Variable APR: 7.52 – 12.00%
• Min. Credit Score: N/A

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Stride Funding Income Share Agreement

• 4.5 Nerd Wallet rating
• Fixed APR: N/A
• Variable APR: N/A
• Min. Credit Score: None

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Avenify Income Share Agreement

• 5.0 Nerd Wallet rating
• Fixed APR: N/A
• Variable APR: N/A
• Min. Credit Score: None

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Funding U Private Student Loan

• 5.0 Nerd Wallet rating
• Fixed APR: 7.99 – 14.99%
• Variable APR: N/A
• Min. Credit Score: None

How to shop for a student loan without a co-signer

1. Take out federal student loans first. Fill out the Free Application for Federal Student Aid, known as the FAFSA, to get access to federal loans, grants and scholarships. Federal loans should be your first stop: They offer lower interest rates and come with income-driven repayment plans and forgiveness programs.
2. Build credit before you apply for a private student loan. While undergrads generally don’t have the credit history required to get a loan in their own names, graduate students over age 21 might. You’ll have the best shot at a private loan with competitive interest rates if your credit score is 690 or above. Strengthen it before applying for a loan by fixing errors on your credit report, paying all bills on time and using as little of your credit limit as possible.
3. Compare loan features. When shopping for a private loan without a co-signer, compare offers to get the lowest interest rate you qualify for. Note whether the lender will postpone payments in case you have difficulty affording them, and for how long. Find out if there are origination, prepayment or late fees, and how easily you can reach the lender by phone, email or live chat if you encounter a billing or customer service issue.
4. Opt for a fixed interest rate. Given the choice, a fixed interest rate is a safer bet than a variable interest rate. It won’t increase over time.
5. Keep an eye on the bottom line. Use a student loan calculator to see what kind of payment you’ll face after borrowing for multiple years.
6. Consider refinancing in the future. Once you’re out of school and have built a credit profile, you may be able to refinance private student loans to a lower interest rate. You’ll generally need solid income, a credit score of 690 or higher and a history of on-time debt payments.

no cosigner loans for international students

Lender	Type of loan	Available to
Federal direct student loan	Requires no cosigner or credit history	All student loan borrowers as their first option
Ascent	Based on future income	Juniors and seniors
Ascent	Based on credit history	Borrowers with 680 or higher credit scores and adequate income
Funding U	Based on academic record and future potential	Undergraduates at eligible schools
A.M. Money	Based on GPA	Undergraduates at a limited list of schools
MPOWER	Based on earnings potential and positive payment history	International students
Prodigy Finance	Based on earnings potential	International grad students
Stride	Income share agreement	Primarily health care and STEM grad students; juniors and seniors may also qualify
Avenify	Income share agreement	Nursing students nearing graduation

Last updated on March 24, 2021

NerdWallet’s Best Student Loans Without a Co-Signer of April 2021

• Federal Subsidized/Unsubsidized Loan: Best for All student loan borrowers as their first option
• Independent Student Loan: Best for Upperclassmen with no credit, income or co-signer
• A.M. Money Private Student Loan: Best for Students with a strong GPA
• MPOWER Private Student Loan: Best for International students
• Prodigy Private Student Loan: Best for International graduate students
• Stride Funding Income Share Agreement: Best for Income share agreements
• Avenify Income Share Agreement: Best for Income Share Agreement for Nursing Students
• Funding U Private Student Loan: Best for Students with a strong GPA