Can an international student get a loan for study for Australia?

 Australia is often commonly described as the powerhouse of global education and is known for some of the finest and bet educators. International students looking for quality education often choose Australia s their preferred destination because it houses some of the finest and top-rated universities of the world. There are over 100 institutes and universities in Australia and more than 5,000 courses. Study loans for Australia help students in cherishing their dream career and life. The purpose of finest education and high-quality education is sufficed in Australia, where students get creativity, innovation and independence through the core Australian syllabus.

Education loan to study abroad in Australia is made available to all students in India who have citizenship of this country. The Student needs the following criteria for education loan to Study abroad

·         Student Profile -  The Student needs to secure admission full time into a credible/ approved University to avail study loans for Australia. The Financial lenders as well see previous academic profile to ascertain eligibility for the loan

·         Parent / Co-signor Profile -  All lenders require co-signor’s for Australia. The Parents should have at least last 2 years IT returns and a strong CIBIL score to avail study loans Australia.

·         Collateral Security -  Majority of the Banks and NBFC would require you to provide a security for the Education loan being availed.

Students seeking study loans australia can reach out to EduLoans’ dedicated loan relationship managers who can provide a comprehensive guide and assistance with personalized attention to each student. With EduLoans, students get faster loan processing and help on negotiations for rate of interest and processing fees.

Applying for education loan to study abroad helps parents and students in preparing for education in one of the top rated and preferred country. For Australia for VISA purpose NBFC lenders like HDFC Credila, Avanse etc are not approved. So we cannot have a sanction letter from them showing the proof of funds. In general cases the entire amount of loan is disbursed and then shown for around 3 months. Sanction letter with partial disbursement of first semester fees for education loan to study abroad is valid for SBI, BOB, ICICI and Axis

EduLoans’ completely integrated system provides student-friendly and hassle-free education loan to study abroad in Australia. The least remittance / forex charges from your loan provider is made available through EduLoans. With overseas study loans Australia, students tend to enjoy a great career and a well-settled life. Job opportunities in Australia are in abundance and the choice of institutes can go a long way in helping you with a faster loan application and processing. Of course, the choice of course is also important. Nevertheless, education loan to study abroad in Australia are easily available to students willing to go there and study with a great living standard.