Studying abroad is a growing trend among students these days to build robust global careers. Most students rely on student loans to fund their academic aspirations independently. At Avanse Global Finance, we offer student loans in USD. Here’s everything you must know about education loans and Avanse Global Finance student loans.
Key highlights:
- Benefits of a student loan for the US
- What is Avanse Global Finance all about?
- Benefits of Avanse Global Finance education loans
- How can you apply for an Avanse Global Finance education loan?
A student loan for the US
An education loan acts as a perfect bridge between students and their ambitions to study in the US. Before exploring Avanse Global Finance education loans, it’s important to understand student loans in general. An education loan is an amount that students borrow to fund their higher studies. Later, they can pay back on their own without depending on their parents. Here are some fantastic benefits of taking an education loan:
Benefits of a student loan for the US
Self-made badge: You can take pride in your self-made badge by financing your education. It will reflect your dedication to your studies and determination to achieve your academic and professional goals.
Don’t have to depend on your parents: With an education loan, you don’t have to depend on anyone. It brings great freedom to manage your educational expenses on your own. You will be free from the added stress of financial dependence.
Don’t have to liquidate assets or savings: Parents accumulate assets gradually over time, and selling them all at once solely to fund your education is not a practical solution. In fact, with education loans, you don’t have to liquidate the assets or dip into your family savings.
Quality education: With an education loan, you can secure a seat at your dream university. Education loans cover the holistic cost of education, including tuition fees, travelling expenses, accommodation costs, living expenses, cost of learning devices and other education-related expenses. By choosing student loans, you can focus on your education without compromising your academic pursuits.
Credit score: When you repay your student loans, you build a healthy credit score. With a robust credit score, you can unlock better terms when opting for other financial products such as a home loan, car loan or credit card.
What is Avanse Global Finance all about?
Avanse Global Finance is a 100% wholly-owned subsidiary of Avanse Financial Services, an education-focused, technologically advanced NBFC that provides hyper-personalised education financing solutions to every deserving Indian student. At Avanse Global Finance, we offer education loans in USD, which you can repay in dollars without worrying about the cost of forex conversions.
Benefits of Avanse Global Finance education loans
No forex conversion cost
We have designed our loan to help you save on exchange rates. We offer education loans in dollars, so you repay them in dollars, making the process more cost-effective. If you exchange currency, it can add extra costs. With our Avanse dollar loan, you can borrow and repay in the same currency, eliminating the need for conversions.
Loan amount
We do not believe in putting restrictions on your academic dreams. Therefore, we offer a student loan amount of up to $91,000 (terms and conditions apply). So, you can select the study programme and university of your choice.
Longer tenure
The education loan tenure is up to 15 years. So, you can select the term that meets your financial requirements.
100% finance
When studying abroad, you have to factor in costs that are not just limited to tuition fees. At Avanse Global Finance, we offer student loans that cover the holistic cost of education, including tuition fees, accommodation costs, study material costs and other education-related expenses.
How can you apply for an Avanse Global Finance education loan?
You can apply for an education loan with us in 4 simple steps:
- Complete the online application form
- Speak to our education loan expert
- Share the required documents
- If you meet our criteria, the education loan will be approved so you can focus on your academic journey. It is this simple!
FAQs
- Is security required?
We offer both secured (with collateral) and unsecured (without collateral) education loans. You can select from these options depending on your financial requirements and preferences.
- Will there be any processing fees for the Avanse Global Finance education loan?
Yes, a nominal processing fee will be applied to your education loan application.
- Is it possible to apply if my university application hasn’t been confirmed yet?
You can apply before you get confirmation from your university. However, the education loan application will be processed only after you have a university confirmation letter and visa ready.
So, you can now plan your study abroad journey by opting for a student loan, leaving your finance-related worries behind. If you have any more queries, please contact us. We will be glad to assist you.
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