Going overseas for further education? You may be wondering how you pay for your schooling. Discovered the ideal course for you? Regardless of your motivations for studying abroad, we at Shuraa Education are aware that receiving a top-notch education is essential. To provide our students with a one-stop shop for Education loans that will make their journey to a better future convenient and easy, we have worked with some of the most reputable financial institutions in India.
Education is the strongest tool for changing the world. But not everyone has the financial means to pursue their aspirations of attending college. Here is when student loans can be useful. With the help of education loans, students may realize their dreams of attending their ideal universities without having to worry about the cost.
What exactly is Education loan?
Students who need financial assistance can apply for education loans to pay for their higher education. Banks and other financial institutions provide these loans. The loan amount can be used to cover tuition, books, accommodation, and other educational expenditures. Education loans are a desirable alternative for students since they typically have lower interest rates than other types of borrowing.
Advantages of Student Loans
The advantages of student loans are numerous. They first allow students to enroll in the courses of their dreams at the institutions of their choice. Second, they offer financial assistance to students who might not otherwise be able to afford their education. Thirdly, they assist the student in raising their credit score. Finally, student loans are tax deductible, meaning that the interest paid on the loan can be deducted from income.
Eligibility requirements for student loans
The student must be an Indian citizen and have been accepted to a reputable institution in India or abroad to be eligible for an education loan. The student must also have a strong academic record and be at least 18 years old.
Shuraa Education can help you realise your aspirations of studying abroad. To get assistance with a student education loan, just ask our knowledgeable counsellor!
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