Hi Everyone,
I am a little confused about the visa and loans. After I have an offer of admission, I need to apply for loans and F1 visa. Now, what confuses me is that when I look up for the requirements of applying for the loans, the banks state that I need to have an I20 or F1 visa. While, when I look at the I20 or F1 visa application, they require a proof of funds. But if I am planning to borrow international student loans to pay for my cost of attendance, shouldn't I be able to get a loan approved prior to applying for visa? to prove that I have the adequate funds to support my education? Please let me know your thoughts! Thanks!
I am a little confused about the visa and loans. After I have an offer of admission, I need to apply for loans and F1 visa. Now, what confuses me is that when I look up for the requirements of applying for the loans, the banks state that I need to have an I20 or F1 visa. While, when I look at the I20 or F1 visa application, they require a proof of funds. But if I am planning to borrow international student loans to pay for my cost of attendance, shouldn't I be able to get a loan approved prior to applying for visa? to prove that I have the adequate funds to support my education? Please let me know your thoughts! Thanks!
