Private Loans for U.S. Students


If you are ineligible for U.S. federal loans, you may be able to use a U.S. private student loan to support your studies, Additionally you can use a combination of U.S. Federal Aid and Private loans as long as you do not exceed your cost of attendance.

You are strongly advised to investigate U.S. Federal Loans before applying for a private student loan, as federal loans are often cheaper and most American students are eligible for them. Note: Private student loans will be included in your total cost of attendance and are subject to credit checks.

Sallie Mae and Earnest are the only U.S. lenders we are aware of that are willing to lend to students at a foreign school.

Disclaimer for Third Party Service

Please note that if you decide to use the Sallie Mae or Earnest service your personal details will be held outside of the UK and EEA , in the U.S and may be passed to other third parties companies as required by Sallie Mae and Earnest in order to deliver the service. We strongly suggest you read the lenders privacy policy and their terms and conditions before signing up to ensure that you are content to do so.

For the avoidance of doubt, LSE accepts no responsibility or liability for any damage caused to you, your property (computer based or otherwise), software or data caused as a result of using this service. However, if  at any point after signing up, you find any unwelcome or strange activity occurring in your email account, or notice any suspected unauthorised usage of your data that you have provided to [Name of Service], then please report this immediately to


How to apply: Sallie Mae and Earnest Private Loans

  • Download and complete LSE Cost of Attendance 
  • Make your application with Sallie Mae or Earnest 
  • Send the completed spreadsheet by email to with a subject field: USL Private Loan SLMA or Earnest [Delete where applicable]
  • You should include your full name, LSE student ID and Social Security number
  • When we have completed our checks and certifications with the lender we will send you a signed PDF letter confirming the loans we have certified.