University of south australia1
Qsranking 202

Brief Background

South Australia University (UniSA) is a public research university based in the Australian state of South Australia. It is a founding member of the Australian Technology Network of universities, and with approximately 32,000 students, it is the largest university in South Australia. The present form of the university dates back to 1991 with the merging of the South Australian Institute of Technology (SAIT, formed in 1889 as the South Australian School of Mines and Industries) with the Magill, Salisbury and Underdale campuses of the South Australian College of Advanced Education (SACAE, founded in 1856). UniSA is one of the top universities in the world, ranked 26 in the Top 50 under 50 by THE Young University Rankings. It has two Adelaide city center campuses (both on North Terrace), two metropolitan campuses (on Mawson Lakes, formerly The Levels, and Magill), and two South Australia regional campuses (Whyalla and Mount Gambier). The University is located in Adelaide, South Australia, and offers over 200 degrees across four academic divisions: business and law; education, arts and social sciences; health sciences; and information technology, engineering, and environment. The university also promotes challenge-inspired work, ensuring that it is connected to the needs of the industry and public.


In addition to the aforementioned academic infrastructure, South Australia University has wonderful libraries on five campuses with over 3 million online articles, eBooks, databases, images, printed books and journals. UniSA also runs a number of clinics for students, staff and the general public which include UniSA Medical Clinic, physiotherapy clinics, podiatry clinics and mammography clinics. All campuses have 24-hour computing facilities, fast and free wireless network connections, department laboratories and research centers. Open learning spaces, sports facilities, cafes and restaurants are available. The university also has state-of-the-art audiovisual equipment, lecture/seminar theatres and rooms for interviews.
The university also houses the following health research facilities: 

  • Cancer Research Institute
  • Clinical Trial Facility
  • Adelaide Biofilm Test Facility
  • Biophysical Characterisation Facility
  • SA NT DataLink

Residing Options

The University does not offer on-campus accommodation in terms of housing but helps students find residential facilities according to their location and budget on campus. The new urban UniSA Student Accommodation offers smartly designed, modern apartments based in the Adelaide CBD and centrally located between two urban campuses. There are plenty of accommodation options available ranging from student hostels, residential schools, student apartments (with all basic amenities such as kitchen, toilet, living room and communal laundry) to homestay and private rentals. If a student needs temporary accommodation, there are different options to choose from: Homestay; Backpacker hostels; Hotels; Serviced apartments; Aboriginal hostels; Whyalla and Mount Gambier.

Financial Aid

A scholarship is a helping hand you need to make life at the university a bit easier for you. In addition to providing financial assistance, scholarships often include valuable work experience, mentoring opportunities, and even travelling abroad. South Australia University has a number of categories-including financial support for high achievers, Aboriginal and Torres Strait Islander students, migrant students, low socioeconomic status students, and needy students. This gives about $2500 million in scholarships to students every year. Different scholarships and grants are available for students from UniSA. You can apply for many of the equity scholarships through SATAC. For students with disabilities, mental health or medical conditions, various scholarships and grants are available. The university also has schemes to make it affordable for overseas students to study at UniSA. One may be eligible for a private loan if one is a US student. GEMS is an existing private lender for US students. Also available are travel grants and other funding options. Students can use the online search engine to check their eligibility.

Jobs and Placements

In order to interact with prospective employers, UniSA conducts a variety of discipline-oriented career fairs and activities on campus. The university has a work-placement scheme and strong industry ties, high-profile business houses and professionals. “UniSA is deeply engaged in a broad range of partnerships with industry and businesses and that means our students make great connections with industry through mentorships, industry placements, master classes, and special projects,” said UniSA Vice-Chancellor Professor David Lloyd. The University of South Australia alumni & graduates who work as IT & Software Development professionals followed by professionals from Financial Services; Sales & Business Development; Finance Control & Strategy; Programme & Project Management; Marketing, Product & Communications; and Human Resources are among the highest-paid in the industry. The best paying degree at the University of South Australia is an MBA, followed by Master degree graduates and Bachelor degrees. UniSA also topped the State for employer satisfaction, with almost 86 per cent of employers polled through the 2018 Employer Satisfaction Survey reporting that they were satisfied with the performances of the university graduates employed. This puts the university in the top 10 universities in Australia for overall employer satisfaction. The survey also reported that 87 percent of UniSA graduates were employed four months after graduation. 


UniSA has a great multi-campus layout and is located within a few kilometres from parks to cafes and supermarkets. The university has a great, medium-sized community with a fun and relaxed atmosphere. The university has access to all Metro trains and trams, and more than 80% of the bus fleet is accessible. There are two free City Connector bus services running in the city centre and north of Adelaide; 98A and 98C connect the city with North Adelaide every 30 minutes, seven days a week, while 99A and 99C connect every 30 minutes on weekdays with the main city destinations. Fully accessible connector busses are available. The Free City tram ferries you all the way from the South Terrace tram stop to the Entertainment Center (via North Terrace and City West Campus).

The University provides a number of reserved on-campus accessible parking spaces to disabled persons with an Australian Disability Parking Permit. There are Access Taxi services for disabled passengers, especially those with wheelchairs and scooters. Parafield Airport is situated on the outskirts of Parafield, South Australia's suburban suburb, 18 km north of Adelaide city centre and adjacent to the University of South Australia's Mawson Lakes campus. The closest major airport to UniSA in Adelaide Airport, Australia, and is about 7 km from the centre of the University of South Australia.

Although UniSA is located in a quiet small town, it is a perfect fit for newcomers with plenty to explore. It has a charming location surrounded by lush green parks, rivers, streams and beautiful beaches.

School of Engineering

UniSA's School of Engineering incorporates strong theoretical teaching, experience-based learning, including 12-week work placement and state-of-the-art facilities, to offer the ideal academic blend to produce graduates who are ready to meet the challenges of the modern industry. The School offers a range of professional programs that prepare students for rewarding careers in mechanical, mechatronic, civil and electrical engineering. The School offers a wide range of programs and courses in a supportive and encouraging environment with more than 80 staff members and over 2000 students. It participates in state-of-the-art teaching, academic education, and fundamental applied research in world-class teaching facilities on the Mawson Lakes campus. The School of Engineering is actively involved in the industry and has established ties with the following organizations: Siemens; Dassault Systemes; SAAB; SA Power Networks; BAE Systems; Codan; Consult Australia; Leartek; UCL Engineering; Schneider Electric; Lockheed Martin; Qantas.

  • Research Concentrations - Agricultural Machinery Research and Design Centre, Barbara Hardy Institute, Defense and Systems Institute,  Laser Physics and Photonics Devices Laboratory, and the Research Node for Low Carbon Living.
  • Associated Research Concentrations - Advanced Computing Research Centre, Future Industries Institute, the Institute for Telecommunications Research
  • Areas of Research - Autonomous & unmanned systems, Systems integration & engineering, Sustainable agriculture, Sustainable energy, Low energy housing, Nanotechnology and nano-manufacturing, Photonics and lasers, Minerals and resources engineering, Energy and advanced manufacturing, Environmental science and engineering, Biomaterials engineering and nano-medicine.
  • List of Labs and Research Facilities Include - Automotive Laboratory; Robotic and Automation Laboratory; Computer-Aided Engineering Laboratory; Thermo Fluids and AeroDynamics Laboratories; Mechanic and Dynamic Laboratories; Manufacturing Laboratory; Metrology Laboratory; Polymer and Composite Laboratory; Nano Laboratory; Agricultural Machinery Laboratories; Experience AME Laboratory; Final Year Project Laboratory; Communication Laboratory (SCT 1-02); Digital Electronics Laboratory (SCT 1-10); General Electronics Laboratory (SCT1-15); General Electrical Laboratory (SCT1-26); Mechatronics Laboratory (SCT1-28); Real-Time Computing Laboratory (SCT1-40); Physics laboratory C (F1-37); Physics laboratory B (F1-41); Physics laboratory A (F1-43); Computational Physics Laboratory Pool (F1-48); Physics Laboratory D (F2-41); Nuclear Physics laboratory (F2-56); Physics Instrumentation Laboratory (F2-04); Physics Optical laboratory (Annex); Physics Renewable Energy laboratory (Annex); Physics Optical Communications Laboratory (F2-07); IT Physics Laboratory (F2-08,09)

Undergraduate Courses

UniSA's undergraduate engineering studies, ranked top 10 in Australia for Engineering and Technology, combine theoretical teaching with experience-based learning. With 12 weeks of industry experience, students develop practical skills and are given access to first-class facilities. This aims at fostering students with the skills to work in modern businesses in an innovative and sustainable way. Students can choose from undergraduate specialisations in Civil Engineering, Electrical Engineering and Mechanical Engineering. All four-year degrees of engineering include a year of honors and are accredited by Engineers Australia. There is also an option for students to double their opportunities by undertaking a Combined Degree program that allows the simultaneous study of two undergraduate degrees within a shorter duration.

The Undergraduate Degrees Include - 
Associate Degree in Engineering where students prepare for a professional career in civil, mechanical, mechatronic, electrical engineering or surveying.

  • Bachelor of Engineering (Honours) (Civil and Structural)
  • Bachelor of Engineering (Honours) (Mechanical)
  • Bachelor of Engineering (Honours) (Civil)
  • Bachelor of Engineering (Honours) (Electrical and Electronic)
  • Bachelor of Engineering (Honours) (Mechanical and Mechatronic)
  • Bachelor of Engineering (Honours) (Civil and Project Management)
  • Bachelor of Engineering (Honours) (Electrical and Mechatronic)
  • Bachelor of Engineering (Honours) (Mechanical and Advanced Manufacturing)
  • Bachelor of Software Engineering (Honours)
  • Bachelor of Engineering (Honours) (Surveying)
  • Bachelor of Engineering (Honours) (Civil and Construction Management)

Postgraduate Courses

1. Master of Engineering (Civil and Infrastructure)

Civil and structural engineers focus on building design and construction, bridges and other infrastructure structural components. A Master of Engineering degree helps students develop sophisticated skills in engineering research methods and project management which are used in major civil engineering design projects. It is also necessary to complete the master thesis. Here, students study advanced topics in structural and geotechnical engineering and upon the completion of the degree, apply for job opportunities as a project manager in engineering consulting companies, construction firms and local, state and federal government; operations manager; civil engineering or structural engineering. It is a two-year program. 

2. Master of Engineering (Water Resources Management)

The Master's degree is a thesis program that allows students to learn concepts of water and environmental engineering to deal with all-important waterways resources and infrastructure. They develop capabilities unique to the civil engineering water field. Here, in order to advance expertise and career opportunities, teaching and learning are supported by world-class engineering research and industry experience.  There is an ideal educational mix for students which allow them to address the demands of a modern enterprise. The programme provides strong theoretical training, experience-based learning and cutting-edge facilities. Upon graduating, students seek job opportunities in engineering consulting firms, construction companies, and local, state and federal government as project manager, operations manager or water resources engineer. It is a two-year program. 

3. Master of Engineering (Engineering Management)

This master's degree aligns learning with professional practice. Students apply the theory and skills gained in their own field of interest to a specific industry project or to a minor thesis linked to a research institution associated with the School of Engineering. Students gain advanced knowledge and skills in operations management, total quality management, supply chain management, enterprise resource planning, automation, energy and society, and project management. To help advance your expertise and career opportunities, learning is supported by world-class engineering research and industry experience. Students find job opportunities in engineering consulting firms, construction companies, and local, state and federal government as Energy Manager, Operations Manager, Quality assurance manager or Business development engineer. It is a two-year program. 

4. Master of Engineering (Electrical Power)

This master's degree offers an opportunity to study advanced topics in electrical power systems such as the operation and control of modern power systems; renewable and distributed generation of energy; and advanced electrical machine modelling. Students in this field have been working on projects on industry-related renewable energy and their storage (such as designing and optimizing microgrid solutions) and on issues related to the optimization of electrical power systems (such as protection, optimum capacity and power factor compensation placement). For highly qualified engineers, there is a wide range of career options. They could work in renewable energy systems (wind farms and solar), power transmission or power distribution, or in the manufacturing industry to support major consumers of electrical energy. Careers to consider include energy researcher, engineering operations manager, renewable energy research and development. It is a two-year program. 

5. Master of Engineering (Telecommunications)

The master's degree helps students to conduct research in specialized topics related to wireless and mobile communication systems, information theory and coding, and networks of telecommunications.  UniSA's research environment, dynamic teaching and student research base strongly support it. Students have focused on industry-related projects such as indoor localization based on visible light communications; digital signal processing applied to a range of practical issues (such as a radar-based vehicle collision preventive system); and various aspects of the Internet of Things. The Institute for Telecommunications Research (ITR) is an internationally recognized research organization focused on four main areas: satellite communications, high-speed data communications, flexible radios and networks, and computational and theoretical neuroscience. There are prospects for jobs in engineering consulting firms, construction companies, and local, state and federal government as Network planning manager, operations management maintenance, or telecommunications research and development. The program is for two years. 

6. Master of Science in Sustainable Energy Systems

According to the International Energy Agency (IEA), the world demand for electricity will increase by 70% by 2040, driven primarily by the emerging economies of India, China, Africa, the Middle East and South-East Asia. With the rising energy demand, emerging disruptive technologies, potential fuel supply issues, and the need to transition to a low-carbon future, re-evaluating current energy systems and shifting towards a more effective and sustainable model is critical.  This innovative course, delivered in a dual-hemisphere mode, offers the opportunity to study in both the UK and Australia while providing different viewpoints on the global energy sector. The purpose of this 18-month program is to provide you with a rigorous and comprehensive understanding of contemporary theory and practice in the global energy industry's sustainable management.

This journey begins with courses on Geopolitics, Law, Renewable Energy and Resource Development at UCL in London, providing the global energy sector with an overarching background. Then the move to UniSA in Adelaide will involve studying courses in Energy Management and Conservation, Energy Economics, Energy Projects and Social License to Operate. Students also pursue a six-month, industry-experienced academic research project. They graduate with a broad understanding of energy systems and how to develop them in a long-term sustainable way to meet the growing global demand. They may be looking for a career in the energy sector after graduation, covering: Management; Consultancy; Economic Analysis and Forecast Modeling; and Research. These roles can be found in government agencies or in any number of companies involved in the cycle of the energy chain. 

7. School of Information Technology & Mathematical Sciences

The School of Information Technology & Mathematical Sciences, located primarily on Mawson Lakes campus, is one of South Australia's largest providers of information and communications technology and is considered one of Australia's leading applied mathematics departments. It offers undergraduate, honors and postgraduate degrees in information technology, mathematics and statistics, science, software engineering, data science, library and information management. These future-oriented programmes, from science and engineering to business, encourage students to create, innovate and develop solutions to many real-world issues that affect organizations in every industry. With an Australia First Bachelor of Information Technology (Honors) (Enterprise Business Solutions) offering a 12-month paid internship through DXC Technology, the school offers students a unique opportunity.

  • Research Concentrations - Advanced Computing Research Centre, Centre for Industrial and Applied Mathematics, Phenomics and Bioinformatics Research Centre, Institute for Telecommunications Research, Future Industries Institute and Barbara Hardy Institute.
  • Research Centres - The School offers a variety of facilities both at Mawson Lakes and City West: IT Innovation Studio (City West Campus); MAC lab (Mawson Lakes Campus); Mathematics Help Centre (Mawson Lakes Campus); Advanced Computing Research Centre (ACRC) (Mawson Lakes Campus); Centre for Industrial and Applied Mathematics (CIAM)(Mawson Lakes Campus); Phenomics and Bioinformatics Research Centre (PBRC)(Mawson Lakes Campus); Institute for Telecommunications (ITR).

Other Departments 

1. Business

UniSA Business School is a leading Australian business school for excellence in business, research and education. It is ranked among the world's top 1 percent. To influence change where it matters, the school seeks to promote business success and sustainable economic development on a local and global scale. The department also shares strong links with the industry. It offers undergraduate, postgraduate and research degrees in the following fields: Accounting; Finance, Economics and Property; Management, HRM, Logistics and Business Specializations; Marketing; Tourism, Sport and Events; and Financial Planning. Students can earn their undergraduate or combined degrees in Law. It also offers an MBA degree (full-time/part-time) which has a clear strategic perspective on decision-making in senior management and integrates the latest in research in leadership. You can specialize your MBA in Marketing, Finance or Human Resource Management. Students build the skills and confidence needed to stand out from the crowd by participating in its Business Career Mentor Program or by choosing to undertake a work placement as part of coursework. 

2. UniSA Business School

UniSA Business School is a leading Australian business school for excellence in business, research and education ranked among the world's top 1 percent. To influence change where it matters, it promotes business success and sustainable economic development on a local and global scale. Its strong links to industry keep future employers ' programs relevant, recognized and respected. It offers the undergraduate, postgraduate, and research degrees from UniSA Business School, School of Commerce, School of Law, School of Management and School of Marketing.  

3. Division of Education, Arts and Social Sciences

The division offers undergraduate, postgraduate, and research degrees across various disciplines from School of Art, Architecture and Design; School of Creative Industries to School of Education; and School of Psychology, Social Work and Social Policy. 

4. Division of Health Sciences

The division offers undergraduate, postgraduate, and research degrees across various disciplines from the School of Health Sciences; School of Nursing and Midwifery; and School of Pharmacy and Medical Sciences. 

5. Division of Information Technology, Engineering and the Environment

The division offers undergraduate, postgraduate, and research degrees across various disciplines from School of Engineering; School of Information Technology & Mathematical Sciences; and School of Natural and Built Environments. 

Annual fees for Indians $34,200
Annual off-campus living $6,300
Source : GyanDhan's analysis & university's website as of year 2018

Scholarships (coming soon)

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Education Loan for Engineering Students to Study in India & Abroad | GyanDhan
<p> Updated on: 17 May 2021 &nbsp; Going by the popular trends in India, B.Tech is a promising choice for a flourishing career. With a variety of specializations offered, students choose this program for the ample job opportunities and higher salary packages upon graduating. The field in itself is quite diverse and holds a high reputation in India as well as abroad.&nbsp; However, the investment required for this course is equally substantial. An education loan in such a scenario becomes important.&nbsp; Let’s read in detail about the financing options for the course -&nbsp; Should you take an education loan?&nbsp; Education loan is a readily available financing option with several benefits. Most loan products cover 100% of the expenses to study at Indian as well as abroad institutions. With ever-increasing tuition fees, an education loan helps you cover the expenses without the worry of paying large sums of money out of pocket in one go. Some other benefits of an education loan are -&nbsp; Personal / contingency funds can be invested in better schemes earning interest.&nbsp; Tax benefits on education loans help save money, whether you are studying abroad or in India. Students can get loan products that are specifically designed to cater to their needs.&nbsp; The repayment for an education loan starts after the moratorium period ends, a period where the borrower does not have to make any payment towards the loan. Students who repay their education loans on time, build a solid credit history, which has several benefits.&nbsp; You can read about these benefits in detail here&nbsp; What are the top universities for engineering and the cost of studying from abroad?&nbsp; International students are charged a higher tuition fee, which becomes affordable with an education loan. Some of the top-ranked abroad universities for engineering according to their QS ranking are mentioned below -&nbsp; The cost of engineering from abroad will cost students anywhere between INR 25 lakhs to INR 40 lakhs. An education loan, in this case, becomes the easiest method to fund abroad B.Tech for Indian students. What are the top universities and the cost of studying engineering at Indian institutes?&nbsp; Engineering from Indian institutes is also a costly affair. Students can expect to shell out up to INR 30 lakhs for a top-ranked college. Some of the top colleges and institutes in India are all IIT in different cities, NIT, and Vellore Institute of Technology. Most students won’t be able to pay the fees for their B.Tech without the help of an education loan.&nbsp; What are the parameters to check while selecting a loan product?&nbsp; Choosing the right education loan product is a bit tricky. Students need to compare the entire features and cost of the loan to find the optimum product. Some of the factors that should be considered are -&nbsp; Looking for an abroad education loan? Fill the form and get free expert help What are the different types of education loans available for B.Tech students?&nbsp; There are broadly two types of education loans, be it for study in India or abroad -&nbsp; Secured education loan - These types of loans require the borrower to pledge collateral of equal or more value than the loan amount required. For example, to borrow INR 30 lakhs, the borrower has to pledge collateral worth at least INR 40 lakhs. Types of collateral that can be pledged are -&nbsp; Immovable property - house, flat, apartment, a plot with a boundary&nbsp; Liquid assets - LIC Policy, Fixed Deposit&nbsp; Third-party collateral - students who do not own collateral can pledge collateral belonging to a relative or a friend.&nbsp; Unsecured education loans - These types of loans do not require any collateral to be pledged. A co-applicant, however, needs to co-sign the loan along with the borrower. There are multiple factors that are taken into account while evaluating the loan application, such as -&nbsp; Student’s academic record and profile Co-applicant income, profile CIBIL score (borrower and co-borrower) Ranking of the target college and course&nbsp; Future earning potential of the student&nbsp; What are the different types of lenders you should explore? The education loan segment has several different types of lenders in the market, offering varying loan products -&nbsp; Students who are unable to pledge collateral or a co-applicant on an education loan for abroad can opt for international lenders.&nbsp; What are the expenses covered in an education loan? Whether to study in India or abroad, most loan products cover 100% of the expenses incurred. However, there may be a few exceptions. Let’s look at the commonly covered expenses -&nbsp; India&nbsp; 100% financing - full payable tuition fees to the institute and hostel&nbsp; Examination fees Purchase of books, equipment, instruments&nbsp; Travel expenses/expenses on an exchange program&nbsp; Abroad Fees payable to the institute and hostel (public banks have a 10% margin money on abroad education loans. Read about margin money here.)&nbsp; Examination/Library/Laboratory fees Purchase of books/equipment/uniforms Caution deposit/building fund/refundable deposit Traveling expenses/passage money for abroad universities What are the financing options for engineering students to study abroad?&nbsp; Let’s look at the various education loan schemes available to fund engineering abroad -&nbsp; Public Banks&nbsp; SBI Global Ed-Vantage Scheme - SBI offers education loans to students to pursue graduate, postgraduate, professional courses from recognized universities abroad. Students have to pledge collateral and can borrow up to INR 1.5 crore in funds. The value of the collateral is the most important factor in this loan scheme and should be more than the loan amount required. The maximum loan tenure is 15 years. Though students can prepay the loan without any penalty charges. Check out the rate of interest, processing fees, and other details here. Bank of Baroda - Scholar for Study Abroad - BOB’s scheme is specially designed for students who want to pursue higher studies abroad. The lender has categorized institutes into Listed Universities and Unlisted Universities. The loan amount limit is set at INR 80 lakhs for Listed Universities and Unlisted Universities, the limit is INR 60 lakhs. Students need to pledge collateral at least equal to the loan amount required. Read about the loan product details here. Private Banks&nbsp; Axis Bank - One of the largest private banks in India, Axis Bank offers education loans to students to pursue education abroad. The maximum loan amount a student can borrow is INR &nbsp;40 lakhs without collateral. If a student can pledge collateral, they can borrow a higher loan amount. Since students are not required to pledge collateral, a co-applicant is required to co-sign the loan. One of the most interesting features of the loan product is that for loans up to INR 20 lakhs, the entire processing fee is refundable. For loans above INR 20 lakhs, students only have to pay 0.75% of the (loan amount -INR 20 lakhs), which is only Rs. 750 per lakh above INR 20 lakhs. Read the product details here. ICICI Bank - Another private bank that offers instant education loans to students to pursue education abroad. The loan amount that can be borrowed is INR 40 lakhs without collateral. The loan amount limit will be increased if the students pledge collateral. The rate of interest offered starts at 11.5%. Read about the loan details here. Non-Banking Finance Companies (NBFCs) Refer to the following for loan details -&nbsp; &nbsp;Features\Lender&nbsp; Loan Amount Interest Rate Range Processing Fee &nbsp;Loan Tenure&nbsp; Axis Up to INR 40 lakhs 11.25% - 13% Loan amount up to INR 20 lakhs - Nil &nbsp; Above INR 20 lakhs - 0.75% per lakh + GST&nbsp;&nbsp; 20 Years InCred Up to INR 40 lakhs Up to INR 10 lakh - 12.75% - 16% &nbsp; Above INR 10 lakhs - 11.75% - 16%&nbsp;&nbsp; 1% - 1.25% +GST 10 Years Avanse &nbsp;Up to INR 40 lakhs&nbsp; Starts at 12.65% 1% - 2% of the loan amount 10 Years Auxilo Up to INR 40 lakhs 12.70% - 18% 1% to 2% of the loan amount 10 Years HDFC Credila &nbsp;Up to INR 40 lakhs&nbsp; Starts at 11% 1% - 1.5% of the loan amount 10 Years International lenders -&nbsp; If a student is unable to pledge collateral or co-applicant, they can apply for an education loan from international lenders such as Prodigy Finance and MPower Financing. These lenders give out education loans to international students solely based on the student’s profile and their future earning potential. Let’s look at the lender and loan details -&nbsp; Prodigy Finance - The lender offers full tuition fee and living expense coverage. The loan amount is disbursed directly to the university in the currency that is required (USD or EUR). The rate of interest is between APR- 6.7% to 11% with the admin fee ranging from 2.4% to 4%. Read about the loan details here - Prodigy Finance Education Loans: All You Need To Know&nbsp; MPower Financing - The lender offers education loans to students pursuing education in the US and Canada. The loan amount that a student can borrow ranges from $2001 to $50,000. The rate of interest for undergraduate studies is APR - 13.99 percent. Know more about the loan product here - MPower Financing Education Loan: A Complete Guide.&nbsp; What are the education loan options available for B.Tech students to study in India?&nbsp; Lenders have different loan products designed specifically for studies in India. However, most of the loan applications sanctioned by the lenders are for top-ranked colleges in India. There are various public and private lenders offering loans for B.Tech and professional courses.&nbsp; For other middle-tier institutes, students may not be able to find loan approval through traditional lenders and will have to approach marketplaces, such as GyanDhan. &nbsp; How to get an education loan for B.Tech?&nbsp; Getting an education loan for B.Tech becomes easy with GyanDhan -&nbsp; Check your loan eligibility on our website.&nbsp; A dedicated Education Loan Counselor will get in touch with you to discuss various loan products and options according to the needs and requirements.&nbsp; Apply for the loan on the portal online.&nbsp; Students will receive a customized document checklist and can upload the required documents on the portal. They can also get the documents picked up from their doorstep.&nbsp; The lender will verify and evaluate the documents and the application.&nbsp; Collateral evaluation and legal formalities are completed.&nbsp; On successful completion, the borrower will receive loan approval and a sanction letter.&nbsp; How can GyanDhan help students get an education loan for engineering?&nbsp; GyanDhan has tied up with several lenders in the market and can help students get an education loan with ease. The loan process is streamlined so you can get a hassle-free education loan. Your assigned counselor will be available to you throughout the loan process to keep you updated on the loan status. Further, if any problem arises in the loan process, it will be quickly resolved by them. We offer our services free of cost to the students. So, don’t wait, check your loan eligibility and apply for a hassle-free loan.&nbsp; </p> <hr> <small>This is a companion discussion topic for the original entry at <a href=""></a></small> ... Read more

Karur Vysya Bank Education Loans For Abroad Studies | GyanDhan
<p>&nbsp;<img></p><p>Getting an <a href="">education loan</a> for abroad studies can be a tough chase if you are not well aware of the options available. Many government banks, private banks, and <a href="">NBFCs </a>in India offer loans for overseas education. One of such popular government banks offering loans for foreign education is Karur Vysya Bank.&nbsp;</p> <hr> <small>This is a companion discussion topic for the original entry at <a href=""></a></small> ... Read more

Change of college after 1st semester in US
I have availed education loan from BOB for my master's in US now I got an opportunity to change the college after first sem to a very good one. Is it possible for the loan amount sanctioned to be used for the other college I am not asking anything other than approved amount ?? ... Read more

SBI Education LOAN
Can i change the university or country after my loan is sanctioned and dispersed? My Case: I got an Education Loan from SBI and the first year fee was dispersed by the bank. Later I was rejected from the university in UK. So, the university refunded the fee I paid. Now, As I already have a loan that is sanctioned. I want to change it to another university and If possible Country too. How can i request the SBI Bank. What is procedure for quick processing of it. ... Read more

Education Loan Against Property: A Detailed Overview | GyanDhan
<p> Updated on: 13 May 2021 &nbsp; Worried about arranging funds for your education? With a plethora of study loan options available in the market, you must not worry much! If you have a property to put as security, you have can get an education loan at a lower interest rate for a longer loan tenure. A loan that can be taken by pledging property as a security is called a loan against property. A loan against property (LAP) is a secured loan offered against a property mortgaged with the bank. This property can be a house, an owned land, or any other commercial premises. The loan amount sanctioned under the loan against property is determined based on the market value of the property, which remains as collateral with the lender until the loan amount is repaid. Let’s walk through the features and process of education loan against property…&nbsp; Can we use an education loan on property for higher education? Yes, you can use the loan against property for higher education. This loan is offered to students who are going for higher education in India or overseas. LAP for higher education can be availed of for a part-time, full-time, or vocational course and bachelors or masters in the fields of management, engineering, hotel management, etc. What are the major benefits of education loan against property? The major benefits of LAP for higher education are as follow: High loan amount: The maximum loan amount offered on a loan against property is mainly dependent on the current market value of the property mortgaged with the lender. Therefore, with the higher market value, students can avail themselves of a high loan amount for studies. Low-interest rates: As the loan against property is a secured loan, the interest rate charged on the LAP is lower. usually, the mortgage loan rates start at around 7.20% p.a. from public-sector banks in India. From private lenders, this interest rate would be on the higher side. Ideal utilization of the property: LAP helps in getting the real value of the property as a loan. Applicants can decide not to sell their property and still get sufficient money for their higher education and meet their requirements at reasonable rates of interest. Easy documentation and process: The documentation process and approval system of loan against property for higher education are usually uncomplicated. Flexibility in repayment tenures: Applicants can take flexible loan repayment tenure in the loans against property. The maximum loan tenure can be up to 20 years. How to apply for a study loan on property? Students can apply for a student loan on property by visiting the nearest bank branch or online. Applicants will be required to provide the required documents related to academic background, address identity, and property they will mortgage. In addition to this, they will be required to furnish the bank account statement of the co-applicant (if there is one). The lender will evaluate the repayment capacity of the applicant, and the current market value of the LAP based on which the loan amount will be sanctioned. Looking for an abroad education loan? Fill the form to get free expert help What is the disbursement process of education loan against property? Process for disbursal of an education loan against property is done in the following steps: Application: Applicant will have to fill the application form by giving all the relevant details. Processing: The lender will evaluate the repayment capacity and will put the application into the process. Based on the current market value of the property, repayment capacity, and co-applicant, the lender will approve or reject the application. Documentation: After the loan application approval, applicants will have to submit the required documents. Loan Sanction: The bank will then sanction the loan and provide the letter after verifying the documents. Property evaluation: Your property’s current market value will be accessed by the relevant officials. Loan disbursal: The lender will transfer the education loan amount after successful verification and approval. What is the repayment method of education loan against property? Applicants should repay their LAP with EMIs as per the pre-specified loan tenure. Students can take benefit of facilities like part-payment, balance transfer, or foreclosure to make their study loan repayment easier and ably manage it. Part-payment lessens EMIs or loan tenure. Whereas, balance transfer enables borrowers to switch banks to get a lower interest rate. Foreclosure helps in the loan repayment in full before the tenure completes. Therefore, it saves on the interest payment. Can I get an education loan on property if I already have an active home loan? Banks offer loans based solely on the applicant's repayment capacity. Lenders will evaluate the repayment capability, and if after giving the home loans EMIs, the applicant still can pay the new loan installments, then the lender will sanction the education loan. But, there can be a situation where the applicant's home loan EMIs are so high that any further debt will disturb his/her monthly budget completely. In such a case, the lender will refuse to approve the education loan considering the applicant won't be able to repay it. If you are also looking for an education loan to study abroad, check your loan eligibility and get free help in the entire loan process.&nbsp; </p> <hr> <small>This is a companion discussion topic for the original entry at <a href=""></a></small> ... Read more

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