If you’re an Indian student planning an MBA in the USA, you’ve probably realized one thing very quickly, the tuition fees can be intimidating. Add living expenses, insurance, and currency conversion, and the numbers grow fast. That’s when most students start searching for loan options for studying MBA in the USA, only to get stuck between private loans and government loans . So which one is better? Is one safer? Cheaper? Easier to get approved? Let’s break it down clearly so you can choose the best education loan for MBA in USA for Indian students without confusion or regret. What Are Government Education Loans for MBA in the USA? Government education loans are typically offered by Indian public sector banks under schemes backed by the government. These loans are popular among students because of their perceived safety and lower interest rates. Pros of Government Loans: Lower interest rates compared to private lenders. Government-backed credibility a...
Many Indian students have a dream to study abroad, but to be honest, the financial part of the process can be overwhelming. Between tuition fees, living expenses, and currency conversions, education loans often become a necessity. And as soon as you begin to research alternative solutions such as a study abroad loan, new questions arise: When do I begin to repay? How much will my EMI be? Is there a moratorium period? If you’ve been Googling these exact doubts at midnight, you’re not alone. This guide breaks down Prodigy Finance loan repayment terms in a clear, student-friendly way, so you can focus more on your future degree and less on financial confusion. What Is Prodigy Finance And Why Do Students Choose It For Study Abroad Loans? Prodigy Finance is an international lender that offers education loans to students pursuing master’s programs abroad, especially in countries like the USA, UK, Canada, and Europe. Unlike traditional Indian banks, Prodigy Finance evaluates your ...