Secure the Right Education Loan for Your Study Overseas Journey

Get personalized guidance to secure education loans for studying abroad. Compare options, understand eligibility, and get step-by-step assistance to fund your overseas education in the USA, UK, Canada, Australia, Germany, France, New Zealand, Singapore, Ireland, and more.

loan banner

Scholarship & Loan Support Through Trusted Partners

At ApplyBuds, we help you explore scholarships and education loans for your study abroad journey through trusted partner platforms. While we don’t provide direct loan or scholarship disbursement, our collaboration ensures you get access to student-friendly, verified opportunities with expert guidance.

Gyan Dhan

Gyan Dhan

Hassle-free education loans for studying abroad with competitive interest rates, flexible repayment terms, and support throughout the loan process.

Prodigy Finance

Prodigy Finance

International student loans without collateral or co-signers, offering fast approvals and tailored repayment plans for your global education.

WeMakeScholars

WeMakeScholars

Connects students with a range of scholarships and financial aid options, helping you find funding opportunities for overseas education.

HDFC Credila

HDFC Credila

India’s first dedicated education loan company, offering customized loan solutions for overseas studies with flexible repayment options and tax benefits under Section 80E.

How ApplyBuds Helps You with Loan Sanction Support

Our education consultancy team provides end-to-end guidance to simplify loan sanctioning for all students.

Up to 100% Tuition Coverage

Up to 100% Tuition Coverage

Secure funding that covers tuition fees and, in many cases, living expenses.

Collateral-Free Loan Options

Collateral-Free Loan Options

Access loans without the need for property or assets as collateral.

Quick Sanction & Disbursal

Quick Sanction & Disbursal

Benefit from faster approvals so your admissions and visa process stay on track.

Competitive Interest Rates

Competitive Interest Rates

Get student-friendly rates and flexible repayment terms through our trusted partners.

Secure Your Education Loan with Ease

Get expert support to compare lenders, prepare documents, and secure fast loan sanction for your higher education in India or abroad.

Frequently Asked Questions

Get clear answers to the most common questions students and parents ask about study loans—from eligibility and documents to ROI, tax benefits, and country-specific requirements

  • Most lenders require:
    • Applicant to be an Indian citizen (or respective home country citizen if applying locally).
    • Age between 18–35 years at the time of application.
    • Secured admission in a recognized university/college (India or abroad).
    • A co-applicant (parent/guardian/spouse) with a stable income.
    • Consistent academic performance in previous studies.
  • Education loans usually cover:
    • Undergraduate, Postgraduate, Doctoral, and Professional programs.
    • STEM, Management, Medical, and skill-based courses from reputed universities.
    • Both domestic and international programs, depending on the lender.
  • Loans can cover almost all education-related expenses:
    • Tuition fees & admission charges.
    • Books, study materials, and equipment.
    • Travel (airfare, visa fees).
    • Hostel or off-campus accommodation.
    • Living expenses and insurance premium (if required).
  • For the student (applicant):
    • Admission letter from the university.
    • Academic transcripts & entrance exam scores.
    • Passport & visa (if applicable).
    • Address & identity proof.
    For the co-applicant:
    • Identity & residence proof.
    • Income proof (salary slips, ITR, bank statements).
    • Collateral documents (property papers, FD receipts, etc. if needed).
    • Up to ₹7.5 lakh (varies by lender) → usually no collateral required.
    • Higher amounts → require collateral like property, fixed deposits, or government securities.
    • Some lenders offer collateral-free loans for students admitted to top-ranked global universities.
    • Submit application & documents.
    • Verifies academic & financial details.
    • Collateral check (if applicable).
    • Sanction letter issued.
    • Loan disbursed directly to the university as per fee schedule.
    • Moratorium period: Course duration + 6–12 months.
    • Repayment starts once you secure a job.
    • Interest accrues during study years (simple or compounded depending on lender).
  • Yes ✅
    • In India, Section 80E of the Income Tax Act allows deduction of the entire interest paid (no limit).
    • Benefits valid for up to 8 years or until the interest is fully repaid.
    • Applies to both domestic and international education loans.
  • ROI measures how quickly your education pays back compared to the loan taken.
    • Depends on course fees, living costs, and future salary.
    • STEM, MBA, and professional programs abroad often show higher ROI.
    • Example: A student investing ₹40 lakh for a U.S. master’s can recover it within 2–4 years if earning ₹60–80 lakh annually post-study.
  • Yes. Lenders assess risk & ROI based on the country:
    • USA: High demand; large loans (₹20–70 lakh); often need collateral.
    • UK: Smaller loans (₹15–35 lakh); focus on 1-year master’s employability.
    • Canada: ₹30–60 lakh common; proof of GIC needed.
    • Australia: Medium loan size (₹20–40 lakh); PR prospects important.
    • Germany/Europe: Lower tuition, loans cover living costs (₹10–20 lakh).
    • Singapore/Japan: ₹15–30 lakh; employability prospects considered.