International Students

Loan Options for International Students

Johnson and QUORUM Federal Credit Union have partnered to offer a no co-signer loan to admitted students in our full-time two-year MBA and one-year MBA programs. This loan program is available at a competitive rate, allowing international students to borrow up to the cost-of-tuition without a co-signer, as long as the international student either has no credit or at least good credit in the United States.

International Loan term sheet 2018-19.pdf

Note: Johnson does not allow U.S. student loans to be used on a declaration of finances form. For information on I-20 VISA requirements, click here.

Please Note: In accordance with regulatory guidelines, students who are on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) List are NOT eligible for this private education line of credit. In addition, students that reside in countries with OFAC comprehensive sanctions are NOT eligible for this private education line of credit during the time they reside in those respective countries. Please see http://www.treasury.gov/resource-center/sanctions/Pages/default.aspx for further information.

International students should investigate all sources of funding within their own countries, such as government scholarships and loans, private agencies, and bank loan programs.


Alternative Private Educational Loan Programs:

International students also have the option to borrow through a U.S. lender with a credit worthy U.S.or permanent resident co-signer. A co-signer loan may carry a lower interest rate. Private education loans are funded by private lending institutions and require a separate loan application. Private loans may offer fixed and variable interest rates based on the co-signer’s credit history and credit score. Loan amounts are limited to the published total cost of education as determined by the educational institution, less any loans or financial assistance you receive. Students are responsible for researching and applying for their alternative loan. You may borrow up to the total cost of attendance less any financial aid.

Cornell does not recommend any lenders. You are encouraged to compare lenders and loan terms to select the loan that best fits your needs. Students are responsible for researching and applying for their alternative loan. You may visit Johnson’s FASTChoice web tool to view a list of lenders students have most often used in the past. FASTChoice is not a lender; it is an independent, online loan comparison program. This interactive program provides loan counseling and basic information about borrowing for students interested in private lender options. Students can apply online for loans directly from this site. Students are free to select any lender they choose, including those not presented through FASTChoice. Click here to begin your private loan selection process.

Once you make your lending decision, whether you borrow from Quorum or a private lender, be sure to upload the Private Loan Certification Request Form to alert us of your pending loan.


For further information, contact:

Financial Aid Office
113 Sage Hall
Johnson Graduate School of Management
Cornell University
Ithaca, NY 14853-6201
Phone: 607 255 6116
Email: Financial Aid