Reg: Education loan to study in abroad

3 years ago

I am education consultants helping students to get admission in abroad universities across the globe. recently two of my students got admission in the university which ranks in worlds top 250 universities. They tried for bank loan, they don't have collateral and co-applicants (as their parents were on daily wage and illiterate). They got some scholarship as well. the total fee comes around 16 lakhs after scholarship and living expenses comes around 10 lacs. Bankers are refusing to provide loan. What is the possibility to help them achieving the dream of studying abroad?

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Mradul Bhatnagar

Responded 3 years ago

A.I dont think that there is any solution other than the education loan to this..but if the students are meritorious you can start fund ra8sing with the help of a good ngo.....

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Swapan Mukherjee

Responded 3 years ago

A.Hi,
You can write a letter to the Honourable Prime Minister Mr Narendra Damodar Modi and also to the Finance Minister, Honourable Miss Nirmala Sitharaman and Tata, Mahendra and other philanthropic organisations for seeking help.

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NITHYANANDAN SUNDARESAN

Responded 3 years ago

A.Dear client, banks always ask for a collateral security if else it is better to drop instead of studying abroad the candidate can also study in India itself but he should work hard, patience he will success and India is one world happyiest country in world. India is always India - Jai Hind. Regards NITHYANANDAN.S

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