Are private universities abroad eligible for student loans?

Yes, private universities abroad are generally eligible for student loans for Indian students. Most Indian banks and financial institutions offer education loans that cover tuition and living expenses at private universities overseas.

Eligibility depends on factors such as:
- University accreditation: The university must be officially recognized.
- Course recognition: The program should have good job prospects.
- Loan amount and collateral: Larger loans may require collateral; unsecured loans are usually available up to a certain limit.
- Co-applicant requirements: A co-applicant with a stable income is often needed.
- Credit score: A good co-applicant credit score helps with approval and interest rates.
- Margin money: Banks may require you to contribute a portion of the total cost.

Loan policies and requirements are subject to change.