Harvard University Announces International Student Loan Program Without Co-Signers

Harvard University today announced a partnership that will make Credit Union loans available to international graduate and professional students. The agreement with the Credit Union expands the pool of available funds and does not require a co-signer. The Credit Union also will offer private loans to domestic students enrolled in graduate and professional programs at Harvard.

"Our overall objective is to ensure that a Harvard graduate education remains accessible to talented students regardless of where they live," said Dan Shore, Harvard's chief financial officer. "The agreement with the Harvard Credit Union, combined with the recently completed agreement with JPMorgan Chase, creates multiple lending options for our international graduate and professional students at a time of significant uncertainty in the global credit markets."

"We are pleased to be able to offer assistance to Harvard students from abroad," said Eugene Foley, president and chief executive officer of the Credit Union. "We also welcome the opportunity to begin providing loans to the broader population of graduate and professional students who study at Harvard."

Link to the Press Release:
Harvard University Secures New Source of Funding for International Graduate and Professional Students