Introduction to International Education Loans

In 2025, international education loans are enabling students to pursue higher studies abroad, covering tuition, living expenses, and travel costs. Loanpao guides you through financing options for global education. Apply now to achieve your academic dreams.

Types of International Education Loans

Loan 1: Secured Education Loan

Requires collateral (e.g., property), offering up to ₹1.5 crore at 8–10% p.a. for top universities.

Loan 2: Unsecured Education Loan

No collateral needed, up to ₹40 lakh at 10–12% p.a., ideal for students with strong academic profiles.

Loan 3: Study Abroad Loan with Co-Applicant

Loans up to ₹75 lakh at 9–11% p.a., backed by a co-applicant’s income for faster approval.

Loan 4: Education Loan for Visa Costs

Covers visa fees and travel, up to ₹5 lakh at 10–13% p.a., with quick disbursal.

Loan 5: Specialized MBA Loan

Funds MBA programs abroad, up to ₹1 crore at 8.5–11% p.a., with flexible repayment post-course.

Comparison of International Education Loans

Key international education loans in 2025:

Loan Type Loan Amount Interest Rate Tenure Collateral
Secured Education Loan Up to ₹1.5 crore 8–10% p.a. 5–15 years Required
Unsecured Education Loan Up to ₹40 lakh 10–12% p.a. 5–10 years Not required
Study Abroad Loan with Co-Applicant Up to ₹75 lakh 9–11% p.a. 5–12 years Not required
Education Loan for Visa Costs Up to ₹5 lakh 10–13% p.a. 1–5 years Not required
Specialized MBA Loan Up to ₹1 crore 8.5–11% p.a. 5–15 years Varies

Note: Rates and eligibility vary by lender, course, and country.

Benefits of International Education Loans

These loans offer:

  • High loan amounts (up to ₹1.5 crore).
  • Competitive interest rates (8–13% p.a.).
  • Flexible repayment tenures (up to 15 years).
  • Coverage for tuition, living expenses, and travel.
  • Moratorium period (course duration + 6–12 months).

Tips for Applying for International Education Loans

Maximize your approval chances:

  • Choose Reputed Universities: Top-tier institutions improve approval odds.
  • Prepare Documentation: Submit admission letter, cost estimates, and KYC.
  • Check Lender Criteria: Compare rates (8–13% p.a.) and moratorium terms.
  • Use EMI Calculators: Plan repayments with Loanpao’s EMI calculator.
  • Secure a Co-Applicant: A parent or guardian with stable income boosts eligibility.

Frequently Asked Questions

Loans to fund higher education abroad, covering tuition, living expenses, and travel costs.

Secured loans (up to ₹1.5 crore) require collateral; unsecured loans (up to ₹40 lakh) do not.

Typically 5–15 years, with a moratorium period during the course and up to 12 months after.

Yes, most international education loans cover tuition, accommodation, and travel costs.

Submit admission letter, cost estimates, KYC, and co-applicant details via Loanpao or lenders.