ISLP is a credit-based loan that requires a credit-ready applicant who is a US citizen or permanent resident. Applicants must have a satisfactory credit history. The majority of undergraduate will require a creditworthy US citizen or permanent resident as co-signer. Co-signers must have an established satisfactory credit history, be employed with sufficient income to meet current liabilities, including the ISLP, and a stable residency and employment history.

1. As creditready:
   • As creditworthy without a co-signer:
     • You may apply on your own without a co-signer for amounts in excess of $20,000 if you have an established, satisfactory credit history and sufficient income or resources.
   • As student with a creditworthy co-signer:
     • If you do not have an established, satisfactory credit history or sufficient income or resources, you may apply for amounts in excess of $20,000 with a US citizen or permanent resident co-signer who has an established, satisfactory credit history and sufficient income or resources.

The online application process will first determine loan program eligibility, after which you will enter a secure site to complete the application process. Make sure you review the technology requirements to the right to ensure your browser will meet the minimum requirements to process the loan application.

Should you wish to begin the application process now, and then save it later for completion either by youself or your co-signer, you will be given that option within the on-line application.

1. Complete the ISLP Loan application here on-line.
2. If you are conditionally approved, you may print the completed ISLP Loan Promissory note: you and/or your co-applicant must sign the completed Promissory Note and mail or fax with any supporting documentation to:
   ISLP Loan
   c/o TERI
   P.O. Box 312
   Boston, MA 02117-0312
   Fax:888-329-8374

   NOTE: Promissory notes MUST be mailed if you are outside the U.S.

3. Once you.ve completed steps 2 and 3, and your loan has been pre-approved, we will automatically send a loan certification form to your school. Your school's financial aid or equivalent office will need to certify your eligibility for the loan, including:
   1. verifying your enrolment at least half-time for the loan period covered.
   2. confirming that your requested loan amount falls within the school's cost of education. This amount is determined by the school.
   3. Establishing the disbursement date(s) of your loan.
4. Once the loan certification form is returned, your loan funds can be disbursed to the school.

	If your security setting is set to Medium or High you may receive an error message when trying to apply online. You will need to set your security setting to the Low setting; if you do not know how to set your browser's security settings, follow the instructions below: Go to your Menu Bar => Tools => Internet Options Once you are in the Internet Options, click on the Privacy Tab. Depending on your browser version, you should see a slider bar that will reset your security level; set to Low; close your browser and start again. If you still have problems, please contact us at: 888-296-4332