Blogs

SBI Fixed Interest Rate Abroad Education Loan

“I am sorry. The rate of interest has been increased, so you have to pay a higher EMI”, the disinterested branch manager of the NBFC told a student who had taken an education loan in Fall 2017.  This was the third time in the last two years that the NBFCs had increased the rate of interest on education loans, totaling up to a hike of 3% (12% became 15% in a matter of 2 years). The above is a... Read more


Disbursement Process of SBI Education Loan

When the 2018 financial year came to a close, the portfolio size of study loan disbursals touched INR 82,600 Crore, climbing 9.25% in twelve months! The average loan amount disbursement to a student went from INR 6.8 Lakh to INR 9.6 Lakh at the same time.  These figures have risen even further this year. But is the education loan disbursement process as easy as it appears from these... Read more


SOP for Canada Universities - How to Write?

Planning to apply to an undergraduate or graduate study program in Canada and worried about how to write an SOP that will guarantee admission to your dream school? Well, in this blog, we discuss the A-Z of the perfect SOP for top Canada Universities. So, without further ado, let’s dig deeper into the art of writing a SOP. What is an SOP? An SOP, short for Statement of Purpose, is one of... Read more


Student Speak 10 - How Abhishek Successfully Planned his Journey to the Arizona State University

We invite all our customers to a short interview, and a few of them are kind enough to oblige. This is Tenth in the series of such interviews. Q. What were you doing before you decided to study abroad? Ans. I did my undergrad from the National Institute of Technology, Nagpur. Then I started working in Tata Consultancy Services in Mumbai, I worked there for 4 years, then I decided I... Read more


How to Write a Letter Of Motivation (SOP) for German Universities?

If you are planning to study abroad, then one of the most challenging things is to draft your Statement of Purpose (SOP). This document is essentially an essay outlining your life, career goals, reasons for applying to a particular university and program. In other words, it is an essay from your side to the university’s admissions committee, which talks about why you are applying to their... Read more


Common Do’s and Don’ts for Students Moving to The United States of America

The United States has since long been the preferred destination for Indian students who want to study abroad. However, a recent analysis by NFAP notes that the “the number of international students from India enrolled in graduate-level programs in computer science and engineering declined by 21%, or there were 18,590 fewer graduate students, from 2016 to 2017”. Though there is a dip in the... Read more


SBI Education Loan for Abroad Study -Eligibility, Interest Rate

With the cost of quality education soaring every passing day, an educational loan to study abroad proves to be a significant relief for higher education aspirants. Unlike five years back, today, study loans have become cheaper and easily available and many public and private sector banks and non-banking financial institutions (NBFCs) offer education loans at competitive rates. Primarily... Read more


State Bank of India Education Loans: All the Details That You Need to Know

It seems that current day educational institutions have taken the phrase “you can’t put a price on quality education” too literally, as education costs continually soar year on year, leaving students in the wake while pursuing their educational dream. Education loans come thus come as a great relief for students who can’t afford their tuition fees in full.  The Education Loan market is very... Read more


How to Get a Bank of Baroda Education Loan : A Detailed Guide

Education loans are a boon for students who want to pursue their favored stream of education, without having to be weighed down by the high fees accompanying it. Nowadays there are plenty of financial institutions who are offering education loans to students both for the graduate & the postgraduate courses as well. Public Sector Banks also offer education loans. In the recent past,... Read more


Importance of The Letter Of Recommendation In Getting an Admit for MS in the US

As the name suggests, a letter of recommendation is a letter issued by a professor or teacher you’ve worked with and who can vouch for you. One may be aware that there are many factors which contribute to the selection of a candidate in securing the final admit for MS in the US and a Letter of Recommendation is one of the crucial requirements. It shows the credibility of the candidate. It... Read more




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