Student who wish to avail a higher education abroad has to be ready for several expenses. Higher education doesn’t mean only course fee, there are several expenses linked to it. The course or tuition fee, stay expense as it is also a big cost to be incurred and several other cost. The currency rate difference also impacts the overall cash flow for students.
Banks and NBFC are aware of the type of expense that student has to incur and they support by extending 100% loan of the total cost to be incurred. Student need to submit the cost sheet for approval and loan sanctioning. Student should calculate all possible expense before processing of loan for approval at one go.