Adjustment of the Foreign Education Loan After a University Change
There is a sharp increase in the number of Indian students going abroad to pursue higher education. Students who want to study abroad often choose to do so because of the superior academic programs, networking opportunities, internships, and cultural diversity that top universities overseas offer. The admissions requirements for universities overseas differ. When a student wants to study overseas, they typically apply to many universities. Because of exchange rates, studying abroad can be expensive. In order to study abroad, students opt to take out education loan for abroad studies . Depending on the needs of the student, there are two types of education loans: secured and unsecured. In India, obtaining an education loan is a lengthy process that calls for extensive verification at each stage. In India, there are numerous banks that provide low-interest education loans. The student cannot begin the loan application process until they have met the eligibility requirements and receive...