When considering a student loan, we urge you to compare loan terms, interest rates, and repayment options to determine the best fit for your circumstances. Before applying for a private credit-based loan, be sure to consider Federal Direct Loans and Federal PLUS Loans. Although Federal PLUS Loans and private credit-based loans both include a credit-check, there are many differences for borrowers to consider.

For domestic students who need financing beyond what is available through the federal student loan programs, please visit our Credit Based Loans page for more information.

All students are encouraged to seek lenders offering loans with the most favorable terms. We encourage international students to explore educational loans from their home country if rates are favorable.

Many U.S. lenders offer credit-based educational loans to international students if they apply with a credit-worthy U.S. citizen, permanent resident, or eligible non-citizen co-borrower. If you are able to secure a qualified co-borrower, we urge you to do so and consider loans of this type, because approval and more favorable terms will be more likely.

Boston University has partnered with Credible, a free online loan selection tool that allows you to compare prequalified rates, terms and eligibility. This resource is available to all students, domestic or international.