Dear Chouhan,
If you are a green card holder you will be eligible for Federal loan and you can borrow it in your name. You should have filed the tax for the previous year or submit a non-filing statement as the case may be. If you are married and filed a joint return (with either or both earning)it is reported in the student's data.You can apply for FAFSA (Free application for federal student Aid)on the web. Though you do not need a pin to start FAFSA, it is processed just the next day if you use the pin to sign and then start your FAFSA.
If you are a green card holder without conditions, you may be able to borrow upto 38,000 or slightly more.With conditions attached you may borrow upto $18,000. The rest may be borrowed in private loans. But the loan guarantee fee and interest rate is usually higher then federal loans.
For private loans, you should be credit worthy(atleast 2-years of good credit history).If you are credit ready (no credit history)you would require a co-signer.I think you can still borrow it in your name, but the interest rate will be even higher without a co-signer.
Finally, if you work and your salary is less than $50,000 a year, apart from the initial $38,000 through Federal loan, you might be eligible for additional aid or grant etc. Federal loan is the best way I guess! Hope this helped you a bit.Go to <a href="http://www.fafsa.ed.gov" target="_blank">www.fafsa.ed.gov</a> and you will get all the information you need.There are several sites for private loans.
