Elan Overseas Education Loan

  One of the top study overseas destinations, Australia hosts around one lakh international students every year. The number of students moving to Australia in search of quality education is constantly on the rise. The cost of education in the country is on the higher side comparative to the countries like UK and Canada.  The majority of the students opt for an education loan for studying in Australia to finance their international degrees. The overseas education loan covers the cost of tuition fees, accommodation, travel and living expenses.  Australian Universities offer various degree programs at bachelor's, master's, and Ph.D. levels. The course and study costs in Australia depends on the education provider and level of study. To get a brief idea, let us take a closer look at the average tuition fees to study in Australia: Cost of Accommodation in Australia Majority of the Australian universities offer on-campus accommodation to the international students that promise...

The next step after receiving the offer letter from the Australian University is of arranging for funds to finance an international degree. The cost of studying in Australia is quite high on pocket due to which majority of the students apply for an overseas education loan.  In India, there are majority of the financial institutions that offer a foreign education loan to the Indian students. The loan generally covers all the necessary expenses, right from tuition fees, examination fees, travel expenses, cost of book purchase, laptops etc. The procedure to apply for the loan is quite lengthy and confusing and here are some tips to make it simple.  Tips to Simplify the Process of Applying for Education Loan 1. Be Thorough About Education Loan Process Before applying for an education loan, make yourself aware about the entire education loan process. Know about the timeline of an education loan, different types of overseas loans and the four phases involved in an Australian overse...