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Fix These Common Mistakes to Avoid Study Abroad Loan Rejection

Dreaming of studying abroad? You're not alone. Many students aspire to gain international experience and education. However, funding this dream can be a significant hurdle. A   study abroad   loan can be the perfect solution. However, loan applications often get rejected. Why? Because of easily avoidable mistakes. Here we will explore those common pitfalls and show you how to navigate the   study abroad   loan process successfully. Understanding the Study Abroad Education Loan Landscape A study abroad education loan is a financial product designed to help students cover the expenses associated with studying in a foreign country. These expenses typically include tuition fees, accommodation, living costs, travel, and other educational materials. In India, several banks and financial institutions offer overseas education loans, each with its own set of eligibility criteria, interest rates, and terms. Common Mistakes That...
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How to Get Admission in the United States: A Guide

Whenever someone plans to study abroad, the first destination that comes to mind is the USA. The USA is one of the most popular destinations in the world for international education. According to the Institute of International Education aka IIE, it hosts more than 1.1 million international students, with India being the top contributor. If you are one of these students and would like to know more about   admission in United States , you are at the right place. Let’s dive in! Types of Intake in the USA The USA has three intakes Fall, Spring, and Summer with Fall being the top preferred intake. Fall intake is the most common due to universities having more options for programs and  scholarship to study in USA . While the Spring intake is the 2nd common, mostly for students who have missed the Fall intake. Summer intake is best if you are looking for short-term programs. Intake Application Period Fall September - December Spring January - May Summer May - August How to Apply for ...

Study Loan in USA: How a Co-signer Can Help You Qualify

  The USA is one of the most preferred destinations for international students to study abroad. However, high tuition fees and living expenses can make financing your dream of studying abroad challenging. If you are an Indian student looking for a way to fund your education abroad, securing a  US co-signer education loan  for Indian students can be a great solution. Let’s learn how a study loan in the USA with a co-signer works and how it can help you. What is a US Co-signer Loan? A US co-signer loan option refers to education loans that can be obtained when you take a loan from a US lending institution with a US permanent resident or citizen as the cosigner. Your US co-signer can be your relative, professor, or close contact willing to support your loan application. However, to be eligible, your US co-signer should earn well in the country or have a strong financial standing, including a stable income. Top Benef...

Scholarships for Indian Students in Germany: Funding Your Study Abroad Dream

Germany is one of the most popular study destinations worldwide, especially for Indian students, due to its high-quality education and affordable tuition fees. However, managing expenses while living in a foreign country can be challenging. Securing a scholarship can ease your financial burden and significantly impact your study abroad experience. Expatrio Scholarship The Expatrio Scholarship is open to students from all over the world. Typically, three main winners are selected, with varying prize amounts: First winner : €12,000 Second winner : €6,000 Third winner : €3,000 To apply, you must submit a video assessment answering:  Why are you passionate about the field of study you are pursuing in Germany?  Ensure that your video meets the following criteria: Format: MP4 Duration: No longer than 2 minutes No copyrighted material or content DAAD Scholarship Students planning to pursue a  Master’s, PhD, or postdoctoral research  in Germany can apply for a DAAD scholarsh...

Unlock Your STEM Future: Expert Guidance for Studying Abroad

  Studying internationally is a big step for anyone. There are various benefits associated with studying abroad, such as career opportunities, networking, personal development, and more. Overseas education is not a big hassle; the most important task is to decide which course or program would suit you best. If you are one of those students who are undecided, this blog is here to help clear your doubts. What is STEM? STEM stands for Science, Technology, Engineering, and Mathematics. STEM is a term widely used around the world for academic disciplines and fields of study. Here are some reasons why STEM is one of the best choices for international students: Job Opportunities:  A degree from study abroad (and a top university) gives you an edge over others, leading to more career opportunities. STEM education guides you to a strong base, creating incredible job opportunities in various fields. Excellent Salary:  The salary you receive abroad on your STEM degree is u...

Your Quick Guide to Education Loan Interest Rates from Indian Banks

Studying abroad is a dream for many. However, it comes with various expenses. To cover expenses for study abroad, a student usually requires financial assistance. According to the Bureau of Immigration, 7.6 lakh Indian students went to study abroad in 2023, and around 17.6 K Crore was disbursed by Indian banks for education loans. Indian banks offer Secured as well as Unsecured  education loans for abroad studies . Secured loans usually have lower interest rates than Unsecured loans. A secured loan is offered when the candidate offers a guarantee of collateral in the form of a plot, house, fixed deposit, or government bond. However, when a Candidate doesn’t have collateral or security, he is offered an Unsecured loan. How do Indian Banks Impose Interest Rates? The Reserve Bank of India (RBI) decides the interest rates. The Monetary Policy Committee of India (MPC) has announced the repo rate at 6.50% (increasing from 6.25%), while the reverse repo rate is 3.35%. The Bank Rate and th...