Stats: 3,190,102 members, 7,939,455 topics. Date: Wednesday, 04 September 2024 at 06:01 AM |
Nairaland Forum / Nairaland / General / Travel / General U.s.a (student) Visa Enquiries-part 13 (960880 Views)
General USA Student Visa Enquiries-part 16 / General UK Visa Enquiries - Part 4 / General USA Student Visa Enquiries-part 15 (2) (3) (4)
(1) (2) (3) ... (51) (52) (53) (54) (55) (56) (57) ... (514) (Go Down)
Re: General U.s.a (student) Visa Enquiries-part 13 by Nobody: 10:16pm On Dec 31, 2017 |
Teedawg: Hehehehe, I cant start overflogging issues here. You are beating around the bush here. People here have used pre approval forms of cosigner and noncosigner loans and gotten their visas. I cant force you to believe what is real. A simple nairaland search of "student loan" narrowed down to Travel section will show you loads of transcripts for people that used student loans pre-approval letters to get visas. Ugoh11 (a loan beneficiary here) even took out time to explain the process. Immigrant intention or not, only a VO can determine that and the last time I checked, you a'int one. Nawao for this bad blood against loans. 2 Likes |
Re: General U.s.a (student) Visa Enquiries-part 13 by Teedawg: 10:21pm On Dec 31, 2017 |
Chidinho10:Oya let them come and explain I rest my case |
Re: General U.s.a (student) Visa Enquiries-part 13 by Nobody: 10:22pm On Dec 31, 2017 |
Teedawg: Ugoh11 did that already. Use the search bar and check for it. |
Re: General U.s.a (student) Visa Enquiries-part 13 by Teedawg: 10:39pm On Dec 31, 2017 |
Chidinho10:I did and I see the same thing I previously stated |
Re: General U.s.a (student) Visa Enquiries-part 13 by gokuu(m): 10:42pm On Dec 31, 2017 |
On the student loans issue. I will just say that getting student loans is a very acceptable way of paying for your education. In fact, the vast majority of Americans pay for school with the use of debt. Where I work, many people have gone for MBA programs with a combination of personal funds, partial scholarship, and student loans - with loans constituting the highest proportion. The loans have been either US loans or International loans like Prodigy. In fact, last August two colleagues went to MBA programs at Duke and Wharton; they both took loans. The Duke lady took a Discover loan (last I checked this was a US company) with no US cosigner. But there are some nuances to this because the MBA program has a understanding with some of the banks and lending agencies to fund their students and disbursements are made to the University directly so there is no need for all that SEVIS, SSN thing. The bottom line is that extremely few people have USD200,000 to pay for MBA program so many take loans. If you get accepted to the Kellogg or Columbia MBA, they will let you know about all the loan options available to you. In Nigeria, we are very averse to loans and debt; and we generally believe things we cannot pay for outright are not for us. That is why many here just shun loans totally. The real difference between a loan that is co-signed and one that isn't is the interest rates, co-signed loans are usually cheaper. 5 Likes 1 Share |
Re: General U.s.a (student) Visa Enquiries-part 13 by femi312: 10:42pm On Dec 31, 2017 |
Teedawg Please just forget this loan issue, its obvious these guys cant comprehend simple write up..They keep talking and giving examples about loans that don't require cosigner when the main point and bone of contention is a loan facility with cosigner. No one is arguing whether or not you can use prodigy or whatever as proof of fund. But saying you will go to the embassy with Salie mie and the rest that require cosigner in the US is misleading and I wont agree to until you bring forth a proof. The main point of F1 visa interview is to proof intent of not immigrating and show ties. 1 Like |
Re: General U.s.a (student) Visa Enquiries-part 13 by imperiouxx(m): 10:45pm On Dec 31, 2017 |
Can you guys just put this loan argument to rest? Someone once said he used prodigy student loan before. Try refer to his transcript. And if anything about loan and visa is not clear to you guys why not direct your questions to the embassy employees that usually visit this thread. |
Re: General U.s.a (student) Visa Enquiries-part 13 by imperiouxx(m): 10:52pm On Dec 31, 2017 |
gokuu: WR to citizen and PR holder, almost all loans don't require cosigner. Cosigner is needed when your credit score and history is not good. All federal loans don't require any cosigner. If your credit score is poor and that of your cosigner is good, finding the average might not give you a good rate. |
Re: General U.s.a (student) Visa Enquiries-part 13 by Teedawg: 10:55pm On Dec 31, 2017 |
gokuu:Dude no one here is saying student loans are bad or not .. Or American company or not its simple the loan companies people have mentioned so far are in agreement with school thats why the companies mostly have a list of schools you can go to using their loans. They are not mostly like traditional loans the Americans you keep talking about use. You can't use prodigy pre approval and apply to a different school they don't associate with. Also cosigned loans aren't cheaper it depends on how much you borrow the payment rate you choose and how long you choose to repay. |
Re: General U.s.a (student) Visa Enquiries-part 13 by Teedawg: 10:56pm On Dec 31, 2017 |
femi312:I tire oh... |
Re: General U.s.a (student) Visa Enquiries-part 13 by gokuu(m): 11:00pm On Dec 31, 2017 |
imperiouxx: Yeah. I will just note that credit models are used in pricing loan facilities, not averages. But in a general sense, with a poor credit score, you can get interest rates of 100+ basis points less with a good co-signer - the magnitude is not clear but having a good co-signer does not hurt. That's why I used the term "usually." |
Re: General U.s.a (student) Visa Enquiries-part 13 by gokuu(m): 11:08pm On Dec 31, 2017 |
Teedawg: Isn't this what I just said? Teedawg: This is my first comment on this, and I do not even understand your gibberish. Teedawg: ALL OTHER THINGS BEING EQUAL. I guess you did not do any economics in school. This is a "Ceteris Paribus" argument. Obviously we would be comparing the exact same loan profile except for the co-signer part. What are you not understanding about this? 1 Like |
Re: General U.s.a (student) Visa Enquiries-part 13 by Teedawg: 11:16pm On Dec 31, 2017 |
gokuu:Lol you won't understand by gibberish because its not supposed to make sense to you also I'm not doing this because I enjoy chit chats I just wanna make it clear that there are different kinds of loans out there and dependin on which one u choose , the documents cannot be used as a proof of fund at the embassy or school . |
Re: General U.s.a (student) Visa Enquiries-part 13 by imperiouxx(m): 11:39pm On Dec 31, 2017 |
gokuu: By averaging I mean a simple way of determining where the borrower stands when a cosigner score is needed. I've taken auto and student loans as a borrower and as a cosigner and in each case, that's all we do. |
Re: General U.s.a (student) Visa Enquiries-part 13 by Nobody: 12:11am On Jan 01, 2018 |
Happy New Year FAM!......more success, more approvals in 2018. 1 Like |
Re: General U.s.a (student) Visa Enquiries-part 13 by Kevoki(m): 12:20am On Jan 01, 2018 |
ElDeeVee:East Tennessee state university |
Re: General U.s.a (student) Visa Enquiries-part 13 by thefacelessguy: 12:32am On Jan 01, 2018 |
I must start by first apologizing to folks on this platform...I ought to have posted my transcript a looong time but things were happening in quick succession. I had to travel over 3 states in about a week trying to sign off work and pack for school. All the same, I sincerely apologize. So I officially arrived Lawrence, KS some days ago. But first my visa interview transcript on 12/12/2017: After biometrics and other prelude, I was directed to join a queue: It was the slim, not-so-fair lady with curly, sort of African hair. I was on the queue for a while as she denied everyone before me. I couldn't help but notice other VOs too, they were all dishing out blue paper. There was this smiling american guy with long hair interviewing a lady close to me. They seemed to be having a good chat and the lady was really relaxed and answering his questions. I think she mentioned that she had an Uncle in a state but quickly supported her claim to want to study by saying herself and her Mum chose the school in another state so that she could focus on her studies but Alas, after all the smiles, giggles and laughs, she was denied! I just weak at that point. Success rate that morning was like 1 out of 10 in my opinion. I was next to meet the VO when the Coordinator brought a family with ailing son to join my queue and meet her before me. They mentioned that the son needed an open heart surgery and they had paid a bill of $20k to a particular hospital and brought all the documents. The VO was thorough and asked every reasonable question from the parents(how did they find the hospital, where did they meet the agent that facilitated the payment, how did they pay, how did they open a Dom account, what job the Father does, how did he afford 20k, etc). There answers were logical but not so convincing to me. Sincerely, I couldn't tell if they were legit or not: it was a close call for me but the VO decided against giving them the Visa. So prior to meeting her, she denied EVERYONE! At that point, I didn't know what to expect but I had done everything I thought I needed to do and sincerely, my parents had done looooots of prayers. Now my turn: Me: Good morning VO: I doubt she replied verbally but she acknowledged the greeting.( She was obviously tired or fed up of non-convincing guys that came before me) VO: Pass your documents please VO: So why are you going to the US? Me: I am going for my PhD in Electrical Engineering at the University of Kansas. (The next question was the shocker I was so praying she wouldn't ask but she did straight up) VO: Who is paying your bills? Me: ( I wasn't expecting this but I just answered naturally...God just helped me at this point) I've been working for 2 years after graduation, so I've been saving up for school( I submitted my personal statement to school so it reflected on my I-20 as personal funds of less than $7k) but I would be supported by Uncle who works as a Drilling Engineer at Total E&P( at this point, she was obviously not listening) As soon as I mentioned personal funds, her attention just went off to the I-20 which reflected the funds. VO: (She interrupted my long story) So what have you been doing? Me: I work in the intersection of Power and Telecoms which tallies with what I wrote on DS160 (At that point, she looked like she was buying into my stuff) VO: She interrupts again... What will this course do for you? Me: My interest has been in the intersection of Power and Telecommunications which you'd agree with me are 2 major issues that need to be tackled in Nigeria and other African countries. (Doing oversabi, I somehow drifted into why I picked UoKansas and slighted her for not asking that, how I found a paper by one of the Profs when I was doing a research with my current employer, blah blah blah.... VO: She interrupted me again...I'd be approving your visa. Pick your passport at the Isolo office(I chose that while filling DS160 though). Gave me white paper, didn't circle anything, gave me a bulletin about a preparation seminar organized by the Embassy.... Me: I was shocked, didn't know what to say. I thanked her and walked away. I was really confused as to the appropriate reaction, I didn't want to be extorted by the guys outside too so I kept my calm but inside me, I was aglow with joy! I had a week-long prayer conference that started 2 days before my interview but couldn't join in because of the interview, so I quickly organized myself and started preparations to join the conference. My take on the Visa interview: It's just God and favor in my opinion. Definitely, one has to do a thorough homework to be prepared. In my case, I've been following this thread for over a year, read several pages, I must have read entire parts. I even did a search on all previous VO interview PhD candidates in Engineering , printed it out and read it like a textbook. I studied my department's website for over 6 months and can tell almost all Profs in my area of research did, their background, whom they've collaborated with, etc. But the truth is, there are other guys that did more but were still denied. So, my advice is, do your homework and trust God too. If it's the right time, things will work out. Secondly, if you can submit personal funds to school, even if it means family pushing money to your account to submit as financial docs, please do. I have a feeling that was what helped me but then, I could be wrong. POE experience I found a cheap Qatar Airways direct flight to Kansas using Wakanow with 2 stop overs at Doha and Chicago. The flight was long but it was nice. I ate everything presented and slept as though I was pregnant(lol). Doha Airport is really nice and had to sleep overnight in the sleeping room because the time I had to process docs for staying at the hotel and returning to the Airport was little. They provided dinner and breakfast at the Airport, and the sleeping wasn't bad too. After flying over 14hrs from Doha, we got to Chicago. On the flight, we were given the Custom forms to fill and we submitted this to the Immigration officer at the Airport. I didn't declare my Garri and beans because they were not with me at the time I was interviewed by the Officer. POE Interview: Me: Good afternoon ( Passed my I-20, Passport and Custom Form) Officer: No response, no smile (I couldn't be bothered after such long flight) Officer: What did you study for your Masters?(unexpected question) Me: I didn't do a Masters, I am going directly from Bachelors to PhD. Officer: (Looking surprised) Is that even possible? A direct PhD without a Masters? So what did you study for 1st degree? Me ![]() Officer: How much money will this course give you in Nigeria? Me: (I couldn't help laugh at the question) A Phd in Electrical Engineering gives me a looot of money in Nigeria. Officer: (I'm not sure he laughed) Okay, bye. Not knowing anyone in my destination and without any Credit Card, I had to use my partner's sister's card to pay for Uber to the Hotel as they were not collecting cash. Stayed at the Hotel for 2 nights( like $140), Had to get a SIM Card after walking over 45mins in the freezing cold in Lawrence. Made multiple calls and luckily got an unfurnished apartment. Still trying to blend into the new environment with the freezing cold and no known food. But I'm grateful! American dream was a success! School starts in few days... 27 Likes 6 Shares |
Re: General U.s.a (student) Visa Enquiries-part 13 by omoluabiguy(m): 12:36am On Jan 01, 2018 |
gokuu: @bolded, except the person you are talking about is a US Citizen or residency, then that’s a very horrible lie from the deepest pit of hell! Loan and SSN are related like brothers and sister. No loan or financial company in the US would give you a loan without SSN to run a credit check on you. Let’s be factual about the information we give on here in order not to mislead people. ![]() ***In addition*** If you are an international student, you ain’t getting no jack student loan without a co-signer even if you have excellent credit at that! I stand on that! YES!
|
Re: General U.s.a (student) Visa Enquiries-part 13 by LagosismyHome(f): 1:22am On Jan 01, 2018 |
omoluabiguy: Some schools (This will be major top schools ) have special arrangement outside of the norm .... have two friends who went to Wharton MBA on loan. Don't have the full details but I specifically asked both if they had a co signer and both said no . It all arranged by the school and given based on the post employment ability after graduation |
Re: General U.s.a (student) Visa Enquiries-part 13 by omoluabiguy(m): 1:25am On Jan 01, 2018 |
LagosismyHome: I don’t want to believe that, It’s either your friends have you wrong information, but If the international student office stand for them, then it’s still considered as cosigner! So that still brings us back to the fact that if there is no creditworthy cosigner, no student loan for an international student Perhaps, what do you mean by post employment ability? Kindly elucidate because I don’t think that makes sense economically considering the fact that a student is on F1 visa and the school assures a financial company of the students ability to get job to pay back loans that could take as long as 15-20 years to payback |
Re: General U.s.a (student) Visa Enquiries-part 13 by LagosismyHome(f): 1:28am On Jan 01, 2018 |
omoluabiguy: You just like to argue so i leave you with what you believe..... when you know the strenght or worth of wharton MBA then you realise some schools have special arrangement 2 Likes |
Re: General U.s.a (student) Visa Enquiries-part 13 by omoluabiguy(m): 1:32am On Jan 01, 2018 |
LagosismyHome: I want to believe your information is based on hearsay. Now let me put a light on it for you. There is something known as “Economic Hardship” for a student on F1. And that lifeline is not available until after 1 year in college. Now when a student file for economic hardship, the best the school can do for such student is to authorize the student to work off campus and not student loan. Any F1 student that gets a student loan in the US has got a creditworthy cosigner. This is not a matter of arguement. It’s a public knowledge and all thanks to google. I rest my case |
Re: General U.s.a (student) Visa Enquiries-part 13 by LagosismyHome(f): 1:40am On Jan 01, 2018 |
omoluabiguy: Public post on Google ..... QUORUM FEDERAL CREDIT UNION Quorum Federal Credit Union provides student loans to international Wharton MBA students that do not require a U.S. co-signer. Quorum Federal Credit Union offers an interest rate of Prime plus 4.50% (with the opportunity to reduce the interest rate by up to .75bp if a U.S. co-signer is acquired and graduates arrange for automatic repayments) and no origination fee. *** and this is not the only lender that gives wharton students without a co signer 1 Like |
Re: General U.s.a (student) Visa Enquiries-part 13 by EZEIGBO1OFIMO: 1:41am On Jan 01, 2018 |
thefacelessguy: NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO NO ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() 7 Likes 1 Share |
Re: General U.s.a (student) Visa Enquiries-part 13 by LagosismyHome(f): 1:46am On Jan 01, 2018 |
omoluabiguy: Non Cosigner Student loans for MBA... FACTS . there are several out there but to point out some 1. Johnson at Cornell University in partnership with QUORUM Federal Credit Union offers no co-signer loans to students enrolled in full-time two year MBA as well as the accelerated MBA program. The loan amount would cover the cost of tuition after deduction of scholarship amount if any. 2. The NYU Stern School of Business in association with The First Marblehead Corporation and Union Federal Savings Bank provide a no co-signer loan to eligible international candidates. 3. Duke Fuqua School of Business offers a no co-signer loan through Coastal Federal Credit Union with the current rate being 8.25%. 4. Haas School of Business provides loan assistance through the Eli Lilly Credit Union to international students without a U.S. co-signer. 5. At Wharton, students can take a loan to cover up to 80% of the total student budget which includes tuition and living expense. Wharton in collaboration with Quorum Federal Credit Union would be offering this no co-signer loan to international candidates from the fall 2013 semester. 6. Yale School of Management offers the Yale International Student Loan to all international students. This loan does not need a U.S. co-signer and covers the tuition and fees after deduction of scholarships. The interest rate is fixed at 7.75%. 7. The Darden School of Business and the Darden School Foundation have entered into a multiyear International Loan Program agreement with Discover to provide no co-signer international student loans beginning with the class of 2014. The maximum loan amount is fixed at $65, 000 per year. 8. UCLA Anderson has partnered with Eli Lilly Credit Union to provide no co-signer loans up to $85,000 per year. 9. International students admitted at UNC’s Kenan-Flagler Business School can borrow up to $50,000 per year through the Coastal Federal Credit Union without needing a co-signer. . 7 Likes 2 Shares |
Re: General U.s.a (student) Visa Enquiries-part 13 by Joan011: 1:49am On Jan 01, 2018 |
Albertone:PM me pls i have some things to say to u. |
Re: General U.s.a (student) Visa Enquiries-part 13 by Nobody: 1:49am On Jan 01, 2018 |
Teedawg: No shaking baba. Make we die matter. Happy New Year fam |
Re: General U.s.a (student) Visa Enquiries-part 13 by omoluabiguy(m): 1:52am On Jan 01, 2018 |
LagosismyHome: Ok thanks for The enlightenment. I’ll read it up! Atleast I get to learn something from this back and forth arguement ![]() 1 Like |
Re: General U.s.a (student) Visa Enquiries-part 13 by Nobody: 1:53am On Jan 01, 2018 |
LagosismyHome: A friend (not on this thread) got the Yale SOM loan you mentioned for fall 2017. |
Re: General U.s.a (student) Visa Enquiries-part 13 by LagosismyHome(f): 1:54am On Jan 01, 2018 |
omoluabiguy: https://gmatclub.com/forum/mba-schools-with-international-student-loan-program-240584.html 1 Like 1 Share |
Re: General U.s.a (student) Visa Enquiries-part 13 by LagosismyHome(f): 1:56am On Jan 01, 2018 |
Chidinho10: This your friend too like better thing o ![]() ![]() ![]() |
(1) (2) (3) ... (51) (52) (53) (54) (55) (56) (57) ... (514)
Polish Student Visa / General UK Visa Enquiries - Part 5 / Studying In Finland (free Tuition)
Viewing this topic: 1 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 99 |