Educational Loan

Opting to study abroad is one of the best decisions you’ll ever make. It will help you pole-vault your way into better paying jobs and a higher standard of living. The only hurdle you need to overcome is the cost of an overseas education. Well, this is where study loans for abroad can lend a financial helping hand. They will plug your financial gaps and ensure you can pursue your dreams without any monetary worries. However, there are several options available to you as far as lenders and loan options are concerned. While a wide spread of choices is always good, choosing one loan from all available options can be trickier than you expect. Keeping this in mind, the following article will list 4 important features to watch out for when looking for a good overseas education loan. 100% finance for course fees. This is one of the most important features you should look for when comparing study loans for abroad. Course fees in foreign universities can be extremely costly. They are also

Interest rates are probably one of the most important factors for students looking to borrow money for their education. Not without reason – the interest rate of the loan is like a price tag – which is the first thing we check when we buy most other goods. Keeping this in mind, the follow article will go over some important pointers related to education loan interest calculations that will help you tackle to cost of your loan with ease. What is the current education loan interest rate? Currently, education loan interest rates range from 10% to 16%. However, the interest rate applicable on your loan will depend on several factors such as your choice of lender, the amount of money you are borrowing, your loan worthiness, your co-borrower’s financial record, the course you are pursuing, its job prospects, etc. How to get lower interest rates? This is one of the most common questions amongst student borrowers. After all, who doesn’t want the lucrative savings of a lowered interest

Educational loans are a student’s best friend! They provide invaluable financial assistance and help aspirants pursue their dreams without worrying about the cost. However, there are quite a few students who are sceptical about these loans and doubt their usefulness. Keeping this in mind, the following article will highlight 5 major costs that education loans can help you cover. Hopefully, this will shed light on the amazing utility these finance solutions provide to students. 1.     Course fees: This is one of the first and most obvious education-related expenses that you can cover with a students loan . Once your admission has been confirmed and your educational loan is approved, the lender will directly transfer the course fee amount to the university or college you have applied to. 2.     Travel & living expense: In case you apply for an overseas course, then you also need to cover travel & living expenses too. This can be quite difficult considering the fact that currenc

  Education loan eligibility is a crucial aspect of any student loan. It’s something that needs to paid special attention to before sending in your loan application. Keeping this in mind, the following article will tell you everything you need to know about student loan eligibility, including what it is, how to calculate it and even how to improve it. So what is student loan eligibility? Education loan eligibility is a two-part process that determines firstly whether you are eligible to take the loan and secondly the amount of loan you are eligible for. To make it through `part 1 of the education loan eligibility, you need to: -Be a citizen of India and above the age of 18 -Have a confirmed admission in the college or university you plan on studying in -Have a co-borrower that is also an Indian citizen above the age of 18. -Your co-borrower should have bank account that allows him/her to issue cheques. If you tick all these boxes, you can move onto part two of education l