Auxilo Education Loan

  It is the dream of many to study at an esteemed university abroad. One of the destinations highly preferred by students for higher education abroad is Canada. With a multicultural atmosphere that houses world-class educational institutes, Canada has a lot to offer to the ambitious Indian student. However, studying in Canada is also known to be an expensive affair. To deal with the requirement of large amounts of financing, you can take the help of a study loan. But before you finalize the study loan for Canada , do ensure that the lender offers the following features:    1. Coverage for a variety of expenses  Studying at a Canadian university means that you have to live there for at least the duration of the course. This could be an added expense on top of the tuition fees for your education. However, if you choose the right lender for the study loan for Canada, you can get coverage for these kinds of expenses as well. There are many lenders in the market pre...

  Singapore or the ‘City of Lions’ as it is called, is an exciting destination to consider if you are planning to pursue your higher studies in a foreign country. However, many students hoping to study in Singapore may face a challenge in the form of a lack of funds. Singaporean universities often have high fees that may not be within the budget for everyone. One way to deal with the high fees is to opt for a study loan. In this article, we take a look at 5 benefits of opting for an overseas study loan for Singapore.    1. A study loan will also cover your living expenses in Singapore   Living in Singapore is a costly affair to a certain extent. So, when you are studying in your dream Singaporean university, you may have to shell out a considerable amount of money for living expenses as well. However, if you take a good overseas study loan, then you do not have to worry about this cost as they might be covered under the loan itself. So, any rent expenses, do...

  Germany is a popular study abroad destination amongst Indians. The high quality of living, world-class educational institutes, excellent job opportunities, and so on attracts a large chunk of Indian students to Germany every year. If you too have plans to study in Germany and perhaps settle there, then you may be concerned about the finances. German cities like Munich rank among the most expensive cities to live in. To help you out, we take a look at the several ways you can fund your study plans and decipher which may be the best option for you.    1. Selling off family assets    It is a common occurrence in Indian families to sell precious family assets to finance the higher studies of the children of the family. Usually, the asset refers to land, multiple items of expensive jewelry, property, and so on. While this is a well-intentioned act, it may not be the right option. Firstly, the family may be left with no solid backup in case any financial is...

  Over the last few years, the US has emerged as one of the most favourite destinations for students wishing to pursue higher education in the US. However, education in the United States can prove quite expensive for students.   Hence, a lot of students apply for an education loan offered by various banks and financial institutions in India. The interest rates for an education loan in US   vary between 1.5 to 2 percent of the principal loan amount added to the existing marginal cost of lending rate (MCLR).   The EMIs for these loans are calculated in following steps using an education loan interest calculator   Enter the total loan amount To calculate an EMI for a particular month using an education loan interest calculator, first enter all details.You would also need to enter the   total loan amount that you wish to apply for in case of your education loan in the first section.   In the second section, you need to enter the interest rate tha...

  There are many students who have dreams of studying their preferred course at the university of their choice. However, one thing that often acts as an obstacle during such scenarios is the finance. Reputed and well-established educational institutes tend to charge high amounts of money. A student facing such a financial issue can look towards education loans for help. They are a great way to finance your studies. If you are looking to apply for such a way of financing, then an overview of the documents required for education loan purposes can be quite helpful. Let’s take a look at the same.    Documents needed to be submitted by the student   As the primary applicant, these are the documents that will be required to be submitted by you:    ·          Proof of residence ·          Proof of date of birth  ·        ...

  An abroad study loan provides financing to students who wish to pursue higher education in foreign countries. After the student is done with their studies and has gained employment, they can start repaying the loan. A study loan is a very effective way of achieving the optimum funding for students who wish to pursue education abroad but are held back due to a lack of funds. If you plan to get a study abroad loan , then following certain do’s and don’ts will be very helpful. Let’s take a look at them in this article.    Do’s while applying for a study loan    1. Do opt for a lender that covers comprehensive expenses  When you decide to move abroad for studies, there is a multitude of expenses that you will have to deal with. It is, therefore, a wiser move to opt for a lender that covers these expenses such as rent, insurance premium, travelling costs, and so on.   2. Do check if collateral-free options are available  With some len...

  Students wishing to study abroad have several popular destinations on their minds. One destination that is often overlooked but is a strong one for any study abroad plan is New Zealand. This country is famous for having beautiful natural spots, adventurous sports, a well-developed and stable economy, a high standard of living and world-class educational institutes. Those concerned with the high fees of New Zealand universities can take the help of an education loan. Wondering whether an education loan for New Zealand would be the right option for you? This article is here to help.    1. New Zealand has notably high educational standards    Studying in New Zealand means signing up for high-quality educational standards. The courses offered by the universities there, are in tune with what is required by the global market. The syllabi of these institutes, whether academic or extracurricular, are up to date with the latest advancements in the field. Wheth...