Loans Dashboard

Loans, Grants And Scholarships For Students Studying Abroad
For Indian students planning to study abroad, there are various sources to be considered for financial aid, other than saving your / parents. The following are some of the main alternative options for funding:
Bank loans: more banks like Bank of India, Andhra Bank, Canara Bank, State Bank of India, Axis Bank, HSBC Bank, Bank of India, etc. for education loans offered to students who wish to study abroad. Based on the loan amount, a percentage of security (such as shares of NSE, mortgage, home etc) is required and interest is charged accordingly. The interest rate usually does not exceed the prime lending rate (PLR). Some banks also accept third party guarantees in place of safety. To qualify for bank loans, applicants must meet certain conditions: it must be a resident of India, the confirmation of admission and the requirement of a minimum annual income. Loan repayment usually begins six months after the end of the course or months of work (if used immediately after the completion of the course) and the total amount must be paid within 5 to 7 years (first payment)
Loan Trust: Trust is ready to be interest free or charge a lower interest rate (2-4%). The loan amount varies and is generally up to Rs 1.5 Lacs. But they usually have a deadline, you must submit the loan application forms. The following are some of the trusts famous in India: JN Tata Endowment (subsidized loans between Rs 50,000 and Rs.1.5 Lacs.) Sahu Jain Trust , KC Mahindra Trust Mariwala Education Trust and RD Sethna Scholarship Fund . Scholarships: Scholarships are relatively difficult to acquire due to fierce competition. The popular awards Inlaks Aga Khan Foundation Scholarships Rotary Ambassadorial level and Leadership Award AT & T (U.S. only) Despite these sources, students can also get financial support from the university funding - scholarship / fellowship / assistantship, USA
Student Loan Banks (for USA) and other sources. Support universities: students need to consider that most universities offer financial aid to international students on merit and not on need. It is easier to rely on financial assistance for degree programs undergraduate courses. The amount of aid varies between universities and fields of specialization. Also keep in mind that it is easier to get funding from American and British universities than in Australia, New Zealand or Canada. For undergraduate students: If the first cycle, the Institute forms of assistance and the form of financial assistance for foreign students must present a bank statement. Forms can request details of personal data and the total (family) annual income, living expenses details average assets, etc.