LOAN PROCESS FOR STUDY IN UK



We all desire to study overseas, however the cost to study overseas depends on a few major factors, including the type of course, the duration and the location. When a student determines to study abroad, he has to make sure to arrange enough funds to pay his tuition fee and living expenses. To pay the high tuition cost most of the students take education loan either from a bank or private financial institution.  Many of us figure a lot of things for moving abroad for overseas studies however there are study abroad consultant for UK in Mumbai who counsel students nicely and provides great support.
The overseas education consultant for UK in Mumbai have good presence in UK, they help students and provide  great information and help them understand their area of interest and support needed. While many students need to plan many things before applying for UK loan process. While applying for an education loan for UK, it is very important to consider different finance-related contingencies in mind. A well- planned education loan process gives candidates the upper hand, thus helping them arrange for an alternative in the wake of an emergency issue related to their UK education loan. The main aim of education loan is to provide is to provide financial support to the deserving students aspiring to study abroad. For taking education loan there are some general documents required:
1)    Completed Education Loan Application form
2)    Proof of admission to the course
3)    Mark sheet of last qualifying examination for school and graduate studies in India.
4)    Copies of letter confirming scholarship, if any
5)    Schedule of expenses for the specified course.
6)    Proof of individual’s identity & residency
7)    Proof of age
Likewise many more documents are required above are the general required documents. However it is advisable to start the process of applying for the loan on receiving the conditional offer letter from the university as the bank or the private financial institute takes some time to fulfill their requirements and prepare the complete documentation. Many top education consultants in Mumbai helps in setting the right objective and provides great support in terms of taking education loans for the right course and university. To get UK student Loans, Indian applicants must go through the following process… Get the Tier-2 or Tier-4 visa confirmation and submit it to the bank to get your loan sanction letter. Submit the ‘student Loan sanctioned letter’ to the immigration office and get a visa confirmation. The top overseas education consultant for UK in Mumbai helps in landing to the right decision. However there are few eligibility key details
1)    Students must be above 16 years  of age
2)    Must be and Indian citizen
3)    Student must have approval / application of Tier-4 visa for loan application.
4)    Should have a ‘confirmation of acceptance for studies’ (CAS) issued by the educational institution in UK
However, covering the living costs to study abroad in UK is a different ball game. Best overseas college admission education consultant in Mumbai lets you to take a decision about the course selection, university, and visa and from which bank it would be good enough to take education loan. Indian banks providing education loans to study abroad in UK can provide funds up to Rs 2.00 crores depending on the course and institution applied. The rise in loan amount is owing to the high exchange rate between the two nations. To study abroad in UK students can obtain loans from the top banks at 8% to 18% rate. However this article aims at providing the touch about the loan process for study in UK.
 

 



Comments

Post a Comment

Popular posts from this blog

INDIAN EDUCATION CONSULTANT VS STUDY ABROAD CONSULTANT

Image
As a student you feel the same once you finish your school/college – you start nurturing fresh hopes for your future. Eventually you face difficult questions:  What should be my next move? What course should be apt for me? Should I go abroad? To which country should I apply? Will I be eligible?  There are many like you who become anxious about their career. You need to be a bit lucky to get ‘the best’, but luck will soon surrender if you avoid putting ‘the best effort’.  To put an end to your anxiety and confusion, you can always approach an overseas education consultancy to help you embark on the journey, since it could be little difficult for you to complete the whole process on your own – If you can, pat yourself on the back! But prepare yourself for the ‘unforeseen’. Many students take the liberty of completing the whole application process of studying abroad themselves, but sadly they get stuck with either writing a good SOP or completing the visa process. ...
Read more

Accommodation while studying in UK

Image
Studying in United Kingdom is something which many Indian students desire for. Initially they face certain problems, one of which is the housing and accommodation issue. Finding a house in a new place is a little hectic and problematic. There are different types of accommodations available which are explained by  best overseas education consultant for UK in Mumbai .  • Flats- Renting flats is an option for those who are ready to take up responsibilities because you will have to arrange everything for yourself. If you decide to move in to a flat, you will have to sigh a tenancy agreement which is a legal document. You may read all the conditions for living there before signing it. Renting a flat is usually more expensive than other options available. ( top study abroad consultant in Mumbai ) • Hostels- They are also known as Halls of residence in the UK. Basic rooms with facilities and furniture like bed, desk etc. is provided to them. For food, mess is provided to ...
Read more

Abroad Education consultant

Image
India has transformed into a nation which is sending an enormous number of students to concentrate in abroad consistently. The explanation behind rising  among students to go to abroad for higher education is on the grounds that these are among the top goals on the world over. There could be many reasons why an student would need to concentrate in abroad and we have recorded probably the most significant reasons here: ·        To get a worldwide viewpoint and enlarge their points of view. They additionally get an opportunity to encounter differentiated societies of the world. ·        To shape a worldwide system of social contacts. ·        To improve their relational abilities. ·        To become self-subordinate by creating capable critical thinking abilities. ·        To learn most refreshed innovation and investiga...
Read more