Auxilo Education Loan

  Do you want to pursue higher studies in a foreign land? Yes, right? You will have to study for various competitive exams and gather funds to cover the cost of higher education. Most often than not, students work on the first aspect—scoring well in competitive exams; but they need help in the second aspect—money to pay higher education costs. They take study loans to strengthen their stand on the second aspect. When you decide to take a study loan, you should check your student loan eligibility beforehand. Then look for lenders who promise to give you money equal to or more than the figure you got in that eligibility test. While you look for education loans, you should expect a lender to give these 4 basic features. 1.    Funds total cost of higher education including overhead expenses Studying in a foreign land has its own perks but they come at a cost. You need money to not only pay your course tuition fees but also cover the cost of sustaining a decent lifestyl...

  At one point in time in your life, you may have dreamed of studying at Oxford or some other well-known British university, haven’t you?   You can fulfill that dream. For that, you need to score well in competitive exams and have enough money to pay the tuition fees of a British university’s study program. In this blog, we will pay attention on the second aspect of higher education in the UK: getting funds to study there. Some students have enough money to pay the costs of their higher studies in the UK but most students have to take educational loans for studying abroad to study there. Here are the 3 easy steps you should follow to finance your higher studies in the UK.   1.    Learn more about your educational loan eligibility You need to know the maximum education loan amount you can borrow for your higher studies in the UK. For that, choose a co-borrower. A co-borrower can be either of your parents, legal guardian, siblings or spouse. Your co-bor...

  Do you know what you need to calculate the amount of education loan you can borrow?   An educational loan calculator.   It is a tool that keeps you from scribbling on paper when you need to find out the money you can borrow in the form of an education loan. This calculator considers the monthly income and obligations of your co-borrower to speculate the result. You already know what income means; obligations are the financial responsibilities that drain your co-borrower’s income. Based on these 2 variables and 2 more, this calculator tells you your student loan eligibility or education loan eligibility. Let us look at the fields that you have to populate to get the result.   Those 4 fields are:   1.    Monthly income In this field, you have to put your co-borrower’s monthly income in Indian Rupees. 2.    Monthly obligations In this field, you have to put your co-borrower’s monthly obligations. In other words, you ha...

  Do you want an MBA degree to grace your CV?   If yes, then you have to ensure two things: first, study hard to score well in competitive exams, and second, find a resource to cover the cost of your MBA education. Studying hard to score well in exams is in your hands. All you have to do is focus on studying the contents of the syllabus of an MBA competitive exam. But securing a resource to fund your MBA studies is not that easy. Students have to go through a lot of trouble to get a good deal on their education loans . Shortly, you will learn 4 tips to get the best kind of education loan for your MBA education.   1.    Ask lenders to cover 100% of the cost of your higher education Some lenders cover 100% of the cost of a student’s higher education while others don’t. You should look for lenders that offer to cover all the cost of your MBA education. Such education loans will not only pay the tuition fees of your study program but also overhead costs li...

  Do you need funds to finance your plans to study in Australia? If yes, then you should consider taking a student loan. Australia is known for having some of the finest universities that employ some of the smartest minds in the world. Doesn’t Australia sound like an awesome place to pursue higher studies? If you are planning to go to Australia for your higher studies, you need to plan your student loan well. To help you out, we have come up with 3 questions that you should ask yourself when you take an education loan to study abroad in Australia. 1.      What kind of education costs do I want my education loan to cover? Many students do not have enough money to cover the costs of their higher education in Australia. Even if you have saved a significant amount of money for your higher education in Australia, you should understand that you may still have to rely on educational loans for studying abroad to finance your education there as you should not depl...

  Australia is known for its exemplary education system as some of the best universities in the world are situated there. Students from all parts of the world flock to Australian universities to earn their graduate and postgraduate degrees. But educating oneself there is an expensive affair. Lenders offer educational loans for studying abroad to any student who wants to study there. In this article, we will tell you the 5-step process to get an education loan to study in Australia.   1.    Look at the eligibility criteria of different lenders Check the education loan eligibility criteria of different lenders, and gather the documents that prove your eligibility for a loan to study in Australia. Use the education loan eligibility calculator to calculate the maximum loan amount you are eligible to get. Note that the result you will get from this calculator will be a speculative amount. Talk with a lender directly to know the actual maximum amount.   ...