Be a Smart Borrower

Study abroad programs are an education in themselves.

Students who study abroad say the experience profoundly influences them for the rest of their lives. Far more than simply attending classes in another country, study abroad is an adventure that will expose your child to new customs and languages, new ways of thinking, new and different ways to live.

A Laurel Collegiate Loan is a great college financing option for parents who want to give their child the opportunity to study abroad. Your child can borrow up to $40,0001 in supplemental funds to help finance a semester or an academic year abroad, when studying through an eligible U.S. school.

The Laurel Collegiate Loan can help make studying abroad a reality, and it’ll give you peace of mind to know that your child is financially stable so far from home.

Back to The Laurel Collegiate Loan
  1. Undergraduate and graduate borrowers may borrow annually up to the lesser of the cost of attendance or $30,000 ($40,000 for certain schools where the annual cost of attendance has been determined to exceed $30,000). Borrowers in Continuing Education and K-12 loan programs may borrow annually up to $30,000.
Laurel Collegiate Loans are funded by Union Federal Savings Bank, Member FDIC and Equal Opportunity Lender.

The student is the primary borrower for the Undergraduate, Graduate and Continuing Education Loans. Parents and other creditworthy individuals may cosign for these loans.
Commonly asked questions. Why use grants, scholarships, and federal funding first. Find out how much you need.