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thanks so much for joining us again in our series of finding financial aid for you today we're going to talk about the u.s. cosigner and why that's important for international students name is Jennifer Frankel and I work at international student loan and today we're gonna dive into that topic and look into what exactly you have to consider when it comes to your u.s. cosigner so you'll notice that first thing you want to know is what is a cosigner a cosigner is someone who joins your international student loan application so they're basically saying hey you're gonna be applying for your student loan but in case you can't actually complete the terms and make all the payments I'll go ahead and join your application and take responsibility for those different loan payments so when it comes to applying for your student loan you're gonna have to start the process a little bit early to make sure you have that cosigner in place so the first thing you'll want to do is remember when you're ready to apply to take a step back and think about these different steps and we've made it very easy for you we've broken it down to three different rules that you have to follow so the first is make sure to ask you can ask a number of people in your circle first of all you can ask your friends your friends are a great place a great resource and the most the time will be willing to help you when it comes to financing your education and signing on to your student loan the second and probably most secure way to find your student loan is to ask your family members family members are very happy to help especially when you're going to be going abroad to get your education and then they may also know other people such as acquaintances that can also cuz on your loan as well now realize that when it comes to your u.s. cosigner is very important to realize that you're asking them to take on payments in case you can't this can affect their credit score of their credit history so be sure to come prepared before your asking your cosigner have a monthly payments in mind now when you can sit down with them and have that serious conversation the next step step two is to make sure that you verify ok because verification is very important when it comes to your student loans because these u.s. lenders are going to want your cosigner to meet three requirements the first requirement is they must be a US citizen or US permanent resident in other words they have to have a green card or being a US citizen secondly they must have good credit good credit is crucial for you to get good terms on your student loan so the higher the credit the better your cosigner the higher likelihood that you'll get approved but not only that at a better rate certainly you want to make sure they have lids in the US for the last two years these are three requirements that all US lenders require so be sure for you ask that you verify that they meet these three requirements once you've made that jump and you found her cosigner that meets these three requirements then you're ready to apply most student loans will allow you to apply right away right online but you will need their information so make sure when you're talking to your cosigner you get their contact information including their email address phone number and address so that way your lender can reach out as they will need to include some of their financial details now when it comes to finding your cosigner this is a key tip that you want to keep in mind when you have a better signer that has a higher credit history then you'll get a lower interest rate okay so when you apply for your student loan you'll actually get terms and conditions back from them and they'll offer us or an interest rate and that interest rate will highly depend on that credit history of that cosigner so we hope that that's helped you today and finding your cosigner and figure out what it is that you need to look at when it comes to your cosigner we're going to continue this conversation on Twitter and financial aid talk so please join us for that otherwise we'll see you next time on financial aid for you