Tag: Education Loan

28
Aug

How to differentiate between Co-Signer & Co-Borrower?

Education loan is significant support for students dreaming of studying abroad. Today, various financial institutions offer loans to aspirants abroad and transform their dreams into reality. However, getting loan approval is not as easy as it seems. Students do face many obstacles while applying for study abroad education loans. Students applying for a loan for higher education abroad usually opt

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21
Apr

How can your GRE Score help in securing a Scholarship in the US?

To secure a good university in the US is a tough job, especially when you know you lack the financial means to fulfill that dream. It is no mystery that studying in US universities could cost a big sack of money. Suppose you are not part of a wealthy household upbringing; in that case, you need to set your options

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14
Sep

Education Loan options in Australia

Australia is fast emerging as one of the most preferred higher education destinations for international students in the world. In the year 2018-19, nearly 870,000 students enrolled themselves in various degree courses in different universities and colleges in Australia. This number was about 8.8 percent higher than the number of international students enrolled in the previous academic year i.e. about

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10
Sep

All you need to know about overseas education & job opportunities in Australia

In his latest move aimed at appeasing his domestic voters ahead of the upcoming US Presidential elections, President Donald Trump, on August 3, signed an executive order that prevents federal agencies from hiring H1B visa holders. This move came in less than two months after US authorities had ordered a temporary freeze in issuance of H1B visas to new applicants.

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6
Apr

FIXED vs VARIABLE INTEREST RATE on STUDENT LOANS: ADVANTAGES and DISADVANTAGES

A large number of students who go overseas for higher education, finance their education cost by borrowing money from banks and lending institutions. The lending institutions which lend money to students charge an interest on such borrowings. These interest rates are determined by banks and the rate of interest depend on a host of factors including the lenders profit margin,

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2
Mar

What are top-up education loans?

Taking education loan to pay for the higher studies abroad requires a lot of planning. Not only does it require the borrower to make an exact estimate of tuition fee but also to make a calculated guess of other expenses such as cost of living. However, due to certain factors such as currency rate fluctuation or increase in fee, a

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2
Mar

All you need to know about STEM courses in US Universities

As the world prepares to take the next giant leap in the field of technology by infusing artificial intelligence in day to day business operations, the demand for STEM courses has registered a sharp increase over the years. Sensing this opportunity, more and more Indian students are applying for STEM courses overseas so that they can acquire the best knowledge

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17
Feb

PROS & CONS OF STUDENT LOANS: INDIAN VS INTERNATIONAL LENDER (Part 2/2)

In the previous blog, we explain the Pros and Cons of taking education loan from Indian lenders and lending institutions. In part 2 of this 2-part blog series, Student Cover explains the pros and cons of borrowing money from international lenders and lending institutions to finance higher education overseas especially the US. If you haven’t read part 1, click here

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17
Feb

PROS & CONS OF STUDENT LOANS: INDIAN VS INTERNATIONAL LENDER (Part 1/2)

The increasing number of Indian students going overseas especially to the US in search of quality education has led to an influx of lending institutions willing to offer financial assistance. In addition to Public & Private Banks and Non-Banking Financial Companies (NBFCs) in India, students now have the option of taking student loan from international lenders as well. However, borrowing

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12
Feb

DIFFERENCE BETWEEN STUDENT LOAN INSURANCE & STUDENT HEALTH INSURANCE

In our previous blog, we explained what loan insurance is and how lenders use it to safeguard loan repayments against default on part of the borrower due to death or disability. Of late however, Student Cover has found that many lending institutions such as banks and NBFCs have been deceiving students into purchasing overseas health insurance plans along with their

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