[nikishin]

Originally Posted by Meraj

Hi

I have been admitted to Comlumbia University Computer Science department for MS program. Now I am afraid what will happen if I don't any aid from them. The aid decision is not defined yet.

I am an international student. How can I finance my expenses there? Can international students take loan from US banks? What is the interest rate and other rules?

-Meraj

I have a classmate who was also an international student. He had $5,000 financial aid and had no credit history in the US. After he came to US, he wanted to buy a car, and no one bank, in town, was willing to loan him the money. However, if he can find someone as a guarantor, banks were willing to loan him the money. I believe credit history in the US is an important factor to financing any thing in the US.