December 15, 2022
December 15, 2022

Studying at a top university and that too in a foreign country is every student’s dream. If given a chance, students would definitely pursue their higher education in their dream university abroad and will pass with flying colors.

The quality education and exposure offered by foreign institutes and universities is a goal for many aspiring students. Self-funding has become quite difficult. Student loan has become the most viable option for aspiring candidates.

Education loans are beneficial

Sometimes your family’s earnings and savings are insufficient to cover the cost of a student’s education. A student loan can cover all or part of the educational costs.

Types of Education Loans

There are two types of study loans for abroad that can be helpful when you looking for an education loan to study overseas.

  1. Secured Loan

Secured loans are only offered to students, the borrower pledges some of their assets as collateral. These loans are mostly offered by government banks in India.

  1. Unsecured loans:

Unsecured loans are only offered to students who are not able to accommodate collateral to pledge. These loans are mostly offered by private banks.

Eligibility Criteria for Student Loan:

Few basic guidelines that students are required to meet in order to be eligible for one.

  • The applicant must be a citizen of India
  • The applicant should have gotten the admission letter recognized university.
  • The applicant must have chosen the full-time UG/PG Program.
  • Student needs to have a co-applicant in order to execute the loan process.

List of Documents

The below documents are a must when applying for student loans

  • Academics documents
  • Offer letter from the foreign institute
  • Copy of letter confirming scholarship
  • Two passport-size photographs
  • Statement of borrower’s bank accounts for the last six months.
  • Statement of assets and liabilities
  • Proof of identity and residence
  • Income Documents of Parents

Contact expert educational consultants

You can talk to iOverseas, a renowned Educational Consultant in Ahmadabad. They help students through training sessions. If you are searching for reliable Study Abroad Consultants, get in touch with us with your queries. We solve your doubts and help you to pursue higher studies in foreign countries.

December 15, 2022

Studying abroad is one of the most different experiences in a student’s life. Different landscapes, environments, and historical universities attract students. Most Education Consulting Firms make it possible for Indian students.

If you want to work while studying abroad, but don’t know which country will make this possible for you?

Best 5 Countries to Study Abroad:

  1. Study in USA

The USA is a well-established country. The quality of education in the USA is one of the best in the world. You also know that studying in the USA is a dream for millions of students. To study in the United States, you have also required F-1 visa.

Top Courses to study in the USA

  • Business
  • Engineering
  • Information Technology
  • Pharmacy
  1. Study in Australia

Australia has become one of the top study destinations for Indian students. All the universities in Australia have an English teaching curriculum.

Top Courses to study in Australia

  • Accountancy
  • Agricultural sciences
  • Biomedical Engineering
  • Core Engineering
  • Computer Science & Information Technology
  1. Study in Canada

Canada is a wonderful country. Canada is considered to be one of the most popular study destinations. High-quality education with affordable tuition fees is one of the best reasons.

Top courses to Study in Canada

  • MBA
  • Medicine
  • Technology
  • Agriculture
  • Engineering
  • Media & Journalism
  1. Study in New Zealand

New Zealand is the best Country to study. The universities in New Zealand provide an excellent education. The New Zealand education system is about hands-on learning.

Top courses to Study in New Zealand

  • Engineering
  • Medicine
  • Business Studies
  • Hospitality
  • Nursing
  • Business Management
  1. Study in the UK :

The United Kingdom is a fully advanced country with significant economic, and scientific cultural impact on the rest of the world.

Top courses to Study in the UK:

  • Computer Science
  • MBBS
  • Fashion and interior designing
  • Law
  • Engineering

Call Top Educational Consultant

You can call iOverseas considered among the Leading Overseas Education Consultants in the industry if you plan to study abroad. iOverseas is a renowned Educational consulate for IELTS Coaching and PTE Coaching. We also help students through our training sessions and consulting solutions to make them achieve their dream in developed foreign countries.