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Education Loans For Studying Outside India

It is known as the Abroad Study loan scheme for post-graduate studies in foreign universities starting from 2015-16.

RahulSingh
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Education Loans For Studying Outside India

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  1. Abroad Study Loan

  2. Education Loans For Studying Outside India • The overseas education costs are higher compared to studying at home. • It includes paying the fee in foreign currency, living costs, books and other expenses. • Therefore, the financial institutions offer loans that meet students requirements, but the loan amount varies from one bank and NBFC to another. • It depends on the course, duration of study, and the country one opts for.

  3. The Requirements and Conditions • Parent and student will be co-applicants and there are no margin requirements for loans below Rupees Four Lakhs. • The loan repayment tenure is between 10 and 15 years. It is based on the amount and differs from one financial institution to another. • That said, in most cases, the repayment period begins 6 months to 1 year after completion of education or finding a job, whichever is earlier.

  4. Government Schemes • In a recent move, the Telangana government, in a budget of Rs. 425 Crores for fast scheme, reserved Rs. 25 Crores for minority students willing to study abroad. • The budget of 25 Crores will help 250 students go abroad to pursue higher education. • It is known as the Abroad Study loan scheme for post-graduate studies in foreign universities starting from 2015-16. • Source : (http://bit.ly/1YtPf6n)

  5. 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

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

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