LeapScholar

Are education loans acceptable for funding my masters abroad?

18 Aug 2026 · Answered by Arati Rai · 1 min read
Arati Rai
Arati Rai Verified
Leap Scholar's Counsellor
View Profile →

Yes, education loans are widely accepted for funding your master's studies abroad. Indian banks and financial institutions typically offer loans that can cover tuition, living expenses, travel, visa fees, and other study-related costs.

- Admission confirmation from a recognized university is usually required.
- Co-applicant (such as a parent) and sometimes collateral may be needed, depending on the loan amount.
- Interest rates and repayment terms vary, with a moratorium period during your studies and a few months after completion.

Some international lenders also offer loans without collateral or co-signers, based on your academic profile and future earning potential.

Will you qualify for an education loan?

Collateral, co-applicant income and repayment. Check your eligibility in minutes.

4.7/5 Google 🎓 25K+ admits
Check Loan Eligibility

More Cost & living questions

🎓 Will you get a study loan? Check Loan Eligibility