Stanford and HBS guarantee International Student Loans without a US Co-signer

A friend of mine, Nitin Rao, forwarded this information to me and it got me all excited. I am sure others reading it would be as happy as well. So what exactly am I talking about? Here you go...

Stanford MBA Admission Blog (Link to the actual post):
International students at the Stanford Graduate School of Business will not be impacted by Citibank’s decision. The GSB Financial Aid Office has a close working relationship with Stanford Federal Credit Union and for the past two years we have made arrangements exclusively through SFCU to provide international students at Stanford the ability to take out private loans without a US co-signer.

HBS MBA Admission Blog (Link to the actual post):
There's been great uncertainty out there about international student loans so we are extremely pleased to be able to make this announcement:International students at HBS will continue to have access to need-based loans without needing to find a US co-signer.While at this time we do not have further details about specific loan programs with private lenders, we are able to make this important - and reassuring - statement about continued accessibility.All students - both international and US citizens - will continue to be eligible for Harvard Business School fellowships - the money you don't pay back. This year HBS will award $22 million in need-based fellowships; the average MBA fellowship is $25k per year.