Education Loan For studying Abroad
For any student, for more reasons than one, pursuing studies abroad and heading off to a new foreign country is an exciting challenge. This often leads to better career opportunities and a broader understanding of the world we live in. Many bright Indian students are, therefore, choosing to complete their studies abroad.
Funding studies abroad is a difficult task for many. The cost depends on many factors including the university, course, duration, and the standard cost of living in a specific country. These days, there are a number of financial institutions that offer educational loans. Nationalized banks offer a number of schemes depending on the university selected and the course that is opted for. They come with flexible repayment schedules so that the borrowers can plan their finances accordingly.
The most attractive point about education loan for abroad studies is that they carry a moratorium (non-repayment period) of about 1 year after the student completes his/her course or 6 months after procuring a job (whichever happens earlier). The repayment can start as soon as the moratorium is over. Moratorium periods are different for various banks. Educational loans are also designed to cover other expenses such as boarding and lodging, travel, tuition fees and some other related costs.
Education Loan Assistance
We Ensure That Students Receive Funding From Leading Banks To Aid In Their Quest To Study Abroad.
We provides students with personalized counselling and comprehensive assistance in every step to obtain education loan. Helping student pick the right course and university, the expenses involved, providing details about the different loan options that are available, we stands by the student in all the way. Our expert counselors would help the students in filling up the course forms during the admission stage and the bank loan forms as per the requirements. These efforts on our part have resulted in a long list of satisfied customers and have made ZEAL OVERSEAS CONSULTANCY PRIVATE LIMITED a education consultancy service to be listed among the top ones in India and Abroad.
There are some criteria that a student has to satisfy to be able to apply for education loan for abroad studies.
- The student should be an Indian citizen.
- The student should be over 18 years of age. If otherwise, the loan will have to be taken in one parent’s name.
- The applicant must have a sound academic record.
- The student should have already secured admission in a foreign university (recognized) for a legitimate course.
- The course should be a technical/professional one. The chances of obtaining a student loan in such cases are higher.