Volkswagen Medford
340 Mystic Ave | Medford, MA 02155

SERVICE & PARTS

(781) 475-5200

 

Foreign College Student Plan

 

Volkswagen Credit will extend credit to foreign students who are enrolled in colleges in the United States.

 

Eligible Vehicles

 

  • Any new and Near New Volkswagen (see Near New Vehicle Definition)
  • Volkswagen Certified Pre-Owned vehicles (Retail Financing only)

 

Eligible Programs

 

  • Retail Financing
  • Driver’s Option
  • Leasing

 

Requirements

 

The dealer must provide the following information for each applicant prior to approval:

 

  • Customer must be enrolled in a 2- or 4-year accredited U.S. college or university pursuing one of the following degrees:
    • Associate’s
    • Bachelor’s
    • Master’s
    • Doctoral
    • Nursing degree (RN or LPN)
  • Current I-20 form (Certificate of Eligibility for Non-immigrant Student Status)
  • United States Social Security card
  • Copies of three months of bank statements or other documentation that substantiates stability of funds flow over time
  • Must provide phone number of school’s Registrar’s Office
  • Confirmation from school showing anticipated graduation date
  • Confirmation of residence and telephone prior to approval
  • Copy of Visa showing expiration date (with photo blacked out)
  • Lease or loan maturities will be limited to the anticipated graduation date as stated on the I-20 form documentation furnished by the applicant’s school
  • Qualification under this program is subject to verification prior to approval
 
Colonial Volkswagen of Medford | 340 Mystic Ave Medford, MA 02155
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