Once enrolled in an accredited college or university you can apply to take out loans from a bank. Some banks require that you be a citizen or permanent resident, however, other banks will give loans if you have a co-signer, who is a U.S. citizen or permanent resident. The following banks provide loans for undocumented students.
We recommend taking out a loan ONLY if you are 100% sure that you and your family can pay it back! Also, try to avoid taking out huge loans. It is in your interest to go to a less expensive school and avoid having great debt following graduation.

Alternative Students Loans
You must be a U.S. citizen or permanent resident; a co-signer may be required
Interest rate: 9.04% APR

Fees: 3.0% -4.5%; Deferral Fee: $25

You must start paying back the loan 6 months after graduation and must be payed back within 240 months
www.alternativestudentloan.com

(866) 229-8900


Citizens Bank Student Loan
Must have U.S. citizen or permanent resident borrower
Variable interest rates, 9.02% APR

Fees: 4.5%; Deferral Fee: $25

You must start paying back the loan 6 months after graduation and it must be payed back within 240 months

www.citizensstudentloan6.com

(800) 958-5004

Bank of America/Education  Maximizer Loan
Must have U.S. citizen or permanent resident co-signer
Variable interest rates, 3.5%

Fees: 4%; Deferral Fee: $50

You must start paying back the loan after graduation and it can be  extended for up to 20 years

www.educationmaximizer.com

1.888.870.8142

Monticello Student loans
Must have a co-singer that is a U.S. citizen or permanent resident
Interest Rate: 9.02% APR

Fees: 3.0% - 4.5%; Deferral Fee: $25

You must start paying back the loan 6 months after graduation and it must be payed back within 240 months

www.monticellostudentloans.com

(617)268-1936

Key Bank
Must have co-borrower and provide full proof of enrollment
Interest Rate: Variable 9.02% APR

Fees: 3.0%-10.5%; Deferral Fee:$25

You must start paying back the loan after 48 months and it must be payed back within 240 months

www.keybankeducationloans.com

(800)641-6371

National City
Must have a U.S. citizen or permanent resident co-signer
Interest Rate: Variable 9.0% APR

Fees: 3.0% - 10.5%;
You must start paying back the loan after graduation and it must be payed back within 240 months

www.1.Nationalcity.com/eligibility

(888) 262-6042

GMAC Bank Education Loans
Must have a U.S. citizen or permanent resident co-signer
Interest Rate: Variable 9.12% APR
Fees: 3.0%-10.5%
You must start paying back the loan 6 months after graduation and it mustbe payed back within 240 months
www.gmacbankfunding.com
(800)729-7119

Citi financial loans
Must have a U.S. citizen or permanent resident co-signer
Interest Rate: Variable 9.0% APR
Fees: 3.0% - 9.0%
You must start paying back the loan after graduation and it must be payed back within 240 months
www.citifinancial.com
(617) 479-6850

Boston Private Bank & Trust Company
Must have U.S. citizen or permanent resident borrower
Interest Rate: Variable 7.5%
Fees: 3.0% - 4.5%
You must start paying back the loan after graduation and it must be payed back within 240 months
www.bostonprivatebank.com
(617) 912-4449



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