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Abroad Study Loan : How to turn your dream of studying abroad into reality?

Education is the most important resource that leads to live a luxurious and better future life ahead. It’s like the first building block towards your constructive future. The more you have knowledge the more you propel in your career ahead. To know more visit : http://www.avanse.com/studying-abroad/

RahulSingh
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Abroad Study Loan : How to turn your dream of studying abroad into reality?

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  1. Abroad Study Loan

  2. How to turn your dream of studying abroad into reality

  3. Education is the most important resource that leads to live a luxurious and better future life ahead. It’s like the first building block towards your constructive future. The more you have knowledge the more you propel in your career ahead. However, to get the right launch platform it is very important that you have your schooling done from a reputed institute or university. Many students pick up their career path only after schooling. They then start to realize what sector they have to choose and what is the future focus on their higher studies is which could be studying abroad dreams as well. • Today, students from different countries travel across the world to other countries to pursue their higher studies. Making a career abroad not only helps them to improve their educational experiences but also takes their career to new heights. Most of the time it nurtures your child how to interact with people, understand their culture, live under foreign conditions and carve a path for their progress while study abroad.

  4. When it comes to study abroad it seems a costly affair for parents to finance their children’s higher education in foreign university. A picture of various concerns just runs into your minds and front of your eyes. These could be tuition fees, travelling expenses, hostel accommodation, book materials fees, health issues, a handful of amount to sustain over the period and much more. With a high cost attached to it often parents and students have to sacrifice their dreams because of the high expenses associated with it. • However, today in India there are many public and private finance companies who arrange abroad study loans for such needy people to fulfill their dreams of pursuing higher studies abroad. Such companies provide complete care for students while pursuing their higher studies abroad through these loans which act as a helping hand for kids in foreign countries.

  5. Different companies have different strategies and concepts to counter the problems of students for their higher studies in abroad. While some companies offer abroad study loan at margin money structure, many give 100% finance for your study abroad education. Besides 100% tuition fee, the loan amount also covers other expenses such as living expenses, funds for purchasing books and computers, travel expenses, and other expenses related to studying abroad. Thus, it helps student to live a financially independent life thereby not raising any burden on their family for their higher studies. These finance companies also keep you away from the worry about repayment until you complete your education in foreign university due to the moratorium period.

  6. Just in case you have a confirmed admission or your I-20(USA) and struggling to get a VISA for flying, you can approach finance companies who could offer you Pre-Visa Disbursement Loan that will help you secure your Visa. Thus, it provides you with a proof of availability of requisite funds that is required during Visa interview. • There are numerous banks and private finance firms who offer abroad study loan at an average rate between 11% and 14% based on floating rate methodology. It is advisable never settle down on any one bank or finance firm, it’s best for you to apply to multiple banks, in case your loan application were to get rejected by one.

  7. Usually if the loan amount is lesser you don’t required any guarantor however, if it exceeds more than 5 lakh you will be required to have a co-signer someone like your parents or caretaker who has to sign the loan with you, agreeing to pay your debt, incase you fail to do so. If your loan exceeds an amount of 7.5 lakh you would have to offer collateral security such as residential property (house/flat/apartment), fixed deposits, life insurances with surrender value, or mortgaged property etc. • Without education a person is incomplete, so education makes man a right thinker and a correct decision maker. Don’t settle down for your unfulfilled dreams when you can carve your own future path with help of abroad study loans. It acts like a foster family for in abroad who takes completer care of students in the unknown land. • Source : http://www.slideshare.net/RahulSingh1165/abroad-study-loan-how-to-turn-your-dream-of-studying-abroad-into-reality

  8. https://www.facebook.com/AvanseEducationLoan https://www.linkedin.com/company/avanse-financial-services https://twitter.com/avanseeduloan https://plus.google.com/+AvanseFinancialServicesLtdMumbai https://www.youtube.com/channel/UCcsuUx1EH1C08XmX2embpug

  9. Read more on Abroad Study Loan : http://www.avanse.com/studying-abroad/ Thank You..!!!

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