Elan Overseas Education Loan

United States of America and Canada are the two leading overseas education destinations that most of the aspirants apply at for pursuing their higher education. The cost of studies at both the countries is quite high on pocket and majority of the students apply for an education loan to finance their degree. Education Loan for USA:  The application process of an overseas education loan for many US universities begins in the month of October so keeping the time frame in mind, students must apply for the loan.  Here is the process of education loan to study in USA : The US Universities accept pre-admission loan, and they allow the students to apply for an education loan based on their GRE score. For pre-admission loan, students must apply at NBFCs and International Lenders and to apply at the government banks, students are required to produce I-20 for the process of an education loan application. Education Loan for Canada:  The cost of education in Canada for a undergraduate...

  USA is one of the most preferred study destinations by the students who are planning to pursue their education overseas. International students move to USA to fulfil their study abroad dream. A 4-year bachelors degree in USA, can cost up to 1 crore whereas a 2-year masters program can cost around 40-50 lakhs. Naturally, students will look for scholarships, grants, fellowships when it comes to fund their foreign education. In this blog, I am going to tell you the financial aids available to study in the USA. Government Scholarships:  Students are unaware about the wide range of scholarships introduced by Indian Government who are looking forward to pursuing their higher education in the USA. Right from category-based scholarships to interest subsidy schemes, there are various options available for the students who wishes to pursue their higher education in the USA. Apart from Indian scholarships, there are various popular scholarships to study overseas that are offered by Am...

    If studying in US is on mind, then the biggest challenge of arranging the funds for higher education in US always stays on mind. Out of the whole exercise, arranging the funds is one of the most crucial part. In order to resolve the complexity of financing the higher education various banks have understood this scenario and are giving education loan for studying in USA . Through this article you will gain insight on the factors to keep in mind before applying for a secured loan, the benefits of taking a secured loan and the following requirements. Read on. Factors to keep in mind before applying for a secured education loan to study abroad Before beginning the process of loan application, it is important to know how much money you require and how much you are going to pay from your own pocket. Apart from this the other important factors to consider are as follows: •    Finalising the University and the Course you want to pursue •    Estimation...

    To get a foreign education is indeed a great investment but surely nor a very economical one. A range of funding options is searched and surfed by the maximum students to cover a total cost of attendance. A common funding source for studying abroad is overseas education loan after savings. It is advisable to start the process of foreign education loan as early as possible.  To get accepted in a university by May, it is required to prove your funding to the university by mid-April often, you’ll need to prove your funding to your university by mid-April to get accepted before May. It might take a little time based on your loan providers. Considering the Indian students there are 4 options from where foreign education loans can be taken: •    Domestic banks •    Non-banking financial companies (NBFCs) •    US banks •    Online lenders, like Prodigy Finance •    Education loans from domestic banks ...