Category: Education loan

How to choose abroad education loans?

261,406 Indian students studied abroad in 2022, according to the Ministry of External Affairs, and more students are anticipated to enroll in top-notch programs next year.  The best way to pay for studying abroad is often thought to be through student loans. Loans for studying abroad come in a variety of forms. Let’s learn about […]

Pros and Cons of using abroad education loans to finance studies

The expense of attending your dream university is already high due to the rising cost of education. Recent research found that the price of contemporary education is rising quickly, on average, by 12 – 18% annually. Given this, obtaining an education loan for your child’s future is unquestionably the finest choice without sacrificing the caliber […]

Tips to consider before applying for an abroad education loans

An education loan is no longer a choice but a necessity for most students aspiring to study abroad. Although there are several financing options like banks, private lenders, and NBFCs open, it is not an easy feat to get the loan sanctioned. There are numerous criteria to meet that confuse the applicant.  In this blog, […]

How to compare abroad education loans?

One of the most complex problems might be taking out an education loan for overseas studies, primarily if exorbitant interest rates support it. Therefore, your priority should be to look for solutions that allow for fewer EMI payments and a cheaper interest rate before approaching a study abroad education loan. In this article, we’ll talk […]

Education loan rates in India

Education is the birthright of every child, but how many children can afford it in these turbulent times when education costs continue to rise? Gradually getting a good education is becoming a dream that only the upper-middle class or rich people can afford.  So, what happens to the students from lesser backgrounds who want to […]

Education Loan 101 – Eligibility, Repayment And Interest

A full and fruitful life necessitates a high-quality education. For several, it is the equivalent of graduating from a prestigious university. However, the cost of education is increasingly rising. In reality, the price of attending a reputable university is already very high. Parents who plan their child’s education in advance and want to provide them […]

Is it worth taking an education loan?

Introduction The common myth about student loans is that they apply to only students who come from underprivileged family backgrounds. While education loans are crucial for meritorious students from not-so-well-to-do families, they can be a go-to event for families that can afford to pay for their kid’s education. You might wonder, why go for education […]

Ultimate guide: Education loan for studying in the USA

Education loans for the USA have become a necessity because the cost of studying abroad is incredibly expensive. Every year Indian students travel to the USA to pursue their education at the top universities. Only some of them manage to arrange the funds, as the rest of them have to rely on education loans.  Several […]

Ultimate guide: Education loan for studying in Canada

The demand for education loans for Canada is quite high all over the world, especially amongst Indian students who aspire to pursue their education overseas.  Top-grade universities and colleges in Canada, unique curriculum, numerous options in diploma and degree programs, diverse exposure to an enchanting country and its culture, and excellent career opportunities lead to […]

How much should you borrow in student loans?

Student loans (commonly known as education loans in India) are a financial tool to help students pursue higher education. The biggest question to ask before availing of any loan is how much should you borrow in student loans. This is because taking on a loan is a huge responsibility; you need to pay the monthly […]