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...

  Pursuing a degree from an international university is a shortest route for many students to secure their future while few others wish to study overseas to get the international exposure. But the cost of pursuing a degree from an overseas institution is huge and to fund it majority of the students avail an education loan in India for study abroad . There are various financial institutions in India that offers an overseas education loan to study abroad. These institutions provided proper end-to-end guidance resolving all the complexities of financing. Hence, to apply study loan for abroad studies is a lucrative option.  3-Step Guide to apply for an education loan 1.        Do your research and evaluate the loan amount: The first step to avail an overseas education loan is to find out how much loan amount you need. While evaluating the loan amount, do not forget to include the living expenses, college fee, examination fee, library fee, cost of ...

With dozens of funding options available, now every student can fulfil the dream of studying in a foreign country. Right from education loan, scholarships, private fellowships, subsidy schemes, student prizes, there are multiple ways to fund the international degree.  In this blog post, we are going to know about various ways of funding an international degree. 5 ways to fund your Overseas Education: Avail an Overseas Education Loan The first option that can be considered to fund an overseas degree is student loans for studying abroad . Study Abroad Aspirants can avail a Secured or Unsecured overseas education loan from four types of financial lenders i.e., nationalized banks, private banks, NBFCs and international lenders. Availing an education loan is a good choice if the repayment is planned before hand as it offers multiple benefits.  Apply for the University Scholarships To attract some of the brightest minds and give a fair chance to students belonging to every economic ...

  If you have begun your research on the unsecured education loan process for funding your abroad studies. If you have come so far in knowing the types of funds available as per the requirement for higher studies, you must be well aware of the fact that private banks and NBFCs are the ones that provide unsecured overseas education loans . Yet another important thing to keep in mind is that these NBFCs provide loans to certain countries only. Read on to get a clear idea of the eligible countries for NBFC overseas education loan along with the maximum loan amount offered. Europe: France, Ireland and Netherlands Indian students choose the European nations like France, Ireland and the Netherlands. For students who have been accepted into the universities located in these countries most lenders offer an NBFC education loan amount of up to 10 to 15 Lakhs INR. However, for students who have got an admit into prestigious universities of these European countries, have a chance of ge...