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A Complete Solution For Your Study Plan In Abroad!

By Author: Rosy Hyden
Total Articles: 17

Going abroad for higher study is a dream for all Indian students and working professionals. The working professionals who want to do Master Degree of their specialized education such as MCA, MBA, MBBS, etc. But these educations are too much costly. Some students are rich who can arrange all education expenses on their own. But also there are some middle or poor class students who dream to complete their higher education. To fulfill their requirement they need to go to bank or finance companies in order to arrange finance for their higher Foreign Education. We provide foreign education facilities in reputed universities in countries such as USA, UK, Canada, Australia, Germany, etc.

Loan Facilities for Study Abroad

The maximum approved loan amount for foreign studies is generally around Rs 15 lakhs by the bank. If your tuition fees amount is Rs 20 lakhs, you have to arrange the rest of the funds by yourself or other sources. Some banks take a processing fee, while other banks don't. It may be a fixed amount or a percentage of the total loan amount.So if the bank takes from you a 1% as processing fee that will be an additional cost on you. But some banks never take processing charges.

Main Expenses considered for Education Loan amount

Education and tuition, Fees payable to College and Lodging and boarding expenses Hostel,Examination, Library, Laboratory fee,Purchase of Books, stationery, study materials, Instruments,Caution Deposit, Building Fund, Refundable deposit, Travel expenses, Purchase of laptop or other electronics instruments required for the course, Security deposits.

Student Eligibility criteria for loan

A student should be basically an Indian, must have a strong and top level academic career, must be going for admission to a Professional,Technical or Other course of studies and most banks recommend loans for the courses which are job oriented. Must have secured admission to foreign University Institutions, Must be above the age of 18 years or else your parents can get the loan on behalf of you.

Eligible course selection recommended by bank

A bank recommends loans for following types of courses:

For Graduation: Job oriented Professional or Technical courses offered by reputed universities from abroad For Post Graduation: MCA, MBA, MS or even diplomas.These courses should be conducted from foreign universities or institutes approved by the state and central government.

What University Shiksha Saath will do for you?

This organization will arrange your all secure accommodation in abroad and will support you in getting visa,a reputed university,all kind of convenient reference over there, where you want to do your higher study.They will co-operate you in getting loan successfully, part time job facilities in abroad,your safety and security in abroad. If you dream to do any higher level Foreign Education then it is wise to take advice from University in India Shiksha Saath to get all information regarding finding proper University and Bank loan for your support.

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