Study loan Overseas : Educational Loan for International Students

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Study loan Overseas
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Educational Loan for International Students
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• International education is thriving! Every year
  number of students is increasing for studies
  abroad.
• However, studying abroad often requires financial
  help for extra expenses like room charges,
  boarding, books, travel and other
  education-related expenses.
• International education is quite expensive, and
  everyone cannot afford to fund their
  International studies.
• Although there are many scholarships, grants and
  bursaries for international students but they are
  highly competitive and rarely cover all of your
  expenses.
• But then there is an excellent way to thwart
  financial hurdle, opt for loans. Educational
  Loans for International Students can be quite
  beneficial to overcome these financial troubles.

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• International Student Loans in USA If you are
  planning your further studies then read following
  information to seek out financial help
• Getting student loan in USA is quite difficult
  for international students. Students loan can
  broadly be classified into two categories i.e.
  federal and private student loan.
• Federal loans Federal loans are need based and
  subsidized too but this is not for all. US
  citizens can apply for federal loans like
  Stafford loans, Perkins loans, PLUS loans but
  international students cannot apply for these .

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• Private student loans International students
  can apply for private loans for which they
  require a co-signer who must be a US citizen it
  can be either their relative or any other person
  who has an acceptable credit record in America.
• These loans are obtainable to international
  students on the same stipulations as US students.
• International Student Loans in UK If we talk
  about UK Eligibility for student loans for
  international students from the UK government is
  difficult.
• Basically, loans are only available to those
  international students who have been residing in
  the UK from last three years prior to the
  beginning of their course.

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• Financial bodies of almost every country offers
  educational loans to its citizens, who wish to
  pursue their studies in their home country or
  abroad.
• For example, following is study loan overseas
  information pertaining to India
• In India all the Public and Private Sector Banks
  are providing financial assistance to Indian
  students going abroad.
• The set limit for the loan amount is Rs.20 lacs.
  The repayment for the loans starts one year after
  completion of course or 6 months after getting a
  job, whichever is earlier.

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• Now a days Education loan proves to be a boon for
  students who dont have enough finances to get
  higher education, but at the same time if
  students dont get job, they might experience
  stress due to the burden of education loan.
• Sourcehttp//bit.ly/1qBawyV

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