Advertisement

Platforms Financing Oversea Education

While studying abroad comes with its many advantages, one cannot ignore the financial toll it can take on a student and their family. Here is a list of platforms that can help finance student tuition.

Studying abroad is an immensely popular concept. This steady increase in the number of students aiming to go overseas has been consistent in the past few years due to various factors such as job prospects, global awareness, travel and opening up opportunities. Although the pandemic has severely impacted the economic well-being of several families; there is a consistent rise among students looking for financial solutions to avail their dream education overseas. Here are few platforms that can help you finance overseas education for Indian Students.

Prodigy Finance

It is a leading cross-border lender for international postgraduate students that lend based on their future earning potential rather than their current circumstances and requires no co-signer or collateral for the loan. Prodigy Finance offers education loans without the need for security, a co-signer or guarantor at more than 750 schools around the world, in the fields of business, engineering, law, public policy and health sciences. The entire loan application process takes place online, with the student signing their final loan agreement once they’ve reached campus. Interest is calculated using simple interest and is made up of a fixed margin, determined by Prodigy Finance. It is not a bank, rather their loans are financed each year by a community of investors who receive both a financial and social return.

LeverageEdu

This platform is helping students all over India, identify and choose the best-matched careers and higher education options, with personalized motors who guide students at every step of the process.Their AI system is driven by data analytical techniques providing unique and personalized experiences to the student. Subsequently along with other services the platform also provides students with value-added services like education loans to help them avail of a dream education.

Leap Finance

Thousands of students fly abroad every year to pursue higher education every year and the biggest problem that they face in foreign lands is the unavailability of financial services like loans and credit cards to them since they don’t have a credit history in that country, even if they are provided with loans and credit cards, they have to pay twice the interest when compared to the local citizens.

Leap finance is headquartered in San Francisco and they grant loans to students by evaluating their data in India itself at very nominal interests.

WeMakeScholars

WeMakeScholars is an organization upheld by the IT Ministry, Govt of India.  Their main motive is to provide loan support to the students looking forward to foreign education.  It is an online initiative that is completely free of cost.  They negotiate with the banks on the behalf of the students and also ask the bank for the best ROI as they are directly associated with the head offices of the banks and financial institutions. They provide complete customer support to the students whenever they require it. Thousands of students apply for international scholarships and loans through WeMakeScholars and get the best education as per their profiles.

Gyandhan

Gyandhan offers many kinds of services to students who are planning to study abroad. These services not only include financing and counselling but also provide services like scholarships, travel, visa counselling, currency exchange, matrix SIM card and accommodation. They have many partners across the country like the Axis bank, Avanse, Bank of Baroda, ICICI Bank etc. They have their 3-step loan process that has made it very easy for the students to obtain a loan without any kind of hassle which includes- online approval, Lender approval, Loan Disbursal.


Tags assigned to this article:
study abroad Tuition student loan finance

Around The World

Our Publications

Advertisement