Student Loan & Scholarship
At Career Progression Overseas Education Consultancy, we recognize that financing an international education is a significant concern for many students and their families. To support your academic aspirations, we offer comprehensive financial assistance services, including guidance on education loans, scholarships, and meticulous financial planning, ensuring a seamless journey towards your study abroad goals.
Education Loans for Studying Abroad
Securing an education loan is often a pivotal step in funding your international studies. We collaborate with a range of nationalized and private banks, as well as reputable financial institutions, to provide student loans that cover various aspects of your education, such as tuition fees, travel expenses, accommodation, and study materials.
Education Loan Lenders Tie-ups with Career Progression
Details for Processing Loan
Key Features of Our Loan Assistance
Beyond SOPs, we provide assistance with other critical application documents
Eligible Courses
Loans are available for recognized programs with promising employment prospects, including undergraduate, postgraduate, diploma, and professional courses.
Comprehensive Coverage
Loan amounts can range from ₹4 lakhs up to ₹1.5 crores, encompassing expenses like airfare, admission fees, boarding and lodging, books, equipment, and other necessary costs related to your course.
Collateral Requirements
Collateral requirements for education loans vary by amount: No security for loans up to ₹4 lakhs, a third-party guarantee for ₹4-7.5 lakhs, and parental co-obligation with tangible collateral for loans above ₹7.5 lakhs.
Repayment Terms
The repayment period ranges from 5 to 10 years, typically commencing 6 to 12 months after course completion or upon securing employment, whichever comes first.
Interest Rates
Interest rates are generally competitive and may vary based on the lending institution and loan amount. Some banks offer concessional rates for female students.
Tax Benefits
Borrowers are eligible for tax deductions under Section 80E of the Income Tax Act, providing financial relief during the repayment period.
Scholarships and Financial Aid
In addition to loans, we assist students in exploring various scholarships and financial aid opportunities to further ease the financial burden. Our team provides information on merit-based scholarships, need-based grants, and institution-specific financial aid programs, guiding you through the application processes to maximize your chances of securing additional funding.
Our Support Includes
Beyond SOPs, we provide assistance with other critical application documents
Personalized Financial Counseling
We assess your financial situation and provide tailored advice on the best funding options available to you.
Assistance with Documentation
Our experts help you prepare and organize the necessary documents required for loan applications and scholarship submissions, ensuring accuracy and completeness.
Liaison with Financial Institutions
We facilitate communication between you and the lending institutions, streamlining the application process and addressing any queries that may arise.
Visa Financial Documentation Support
Proper financial documentation is a crucial component of a successful student visa application. We provide dedicated support to ensure that you have all the necessary financial documents in order to meet the visa requirements of your chosen destination. From preparing proof of funds to providing guidance on financial statements, our experts work closely with you to ensure that your visa application is supported by accurate and well-presented financial documentation.
Budget Planning for Your Academic Journey
Beyond securing financial assistance, we assist in creating a detailed budget plan for your academic journey. This includes estimating tuition and living expenses, understanding currency exchange rates, and planning for unforeseen costs. Our goal is to empower you with a financial roadmap for a seamless academic experience.
Continuous Support Throughout Your Journey
Our commitment to your financial well-being extends beyond the initial stages. We provide continuous support throughout your academic journey, helping you manage your finances effectively, make informed decisions, and address any financial concerns that may arise during your studies abroad.
Embarking on an international education journey is a significant investment in your future. At Career Progression Overseas Education Consultancy, we are committed to providing the financial guidance and support you need to make your study abroad aspirations a reality. Our dedicated team is here to assist you every step of the way, ensuring that financial constraints do not hinder your educational pursuits.
