Are you planning to fund your studies through a student loan or savings in UK/Australia for a Master's?
You can fund your master's studies abroad using a mix of personal savings and education loans. Using your savings reduces the loan amount and interest you’ll pay, but education loans are a common way to cover any shortfall.
- USA: Most international students use loans from Indian banks or lenders. Some U.S. universities offer loans, usually requiring a U.S. co-signer.
- Australia: Indian banks provide loans; some Australian banks may offer loans if you have a local co-signer. Government loans are mainly for Australian citizens.
- UK: UK government loans are for UK/EU nationals only. Indian students usually rely on loans from Indian banks.
A combination of savings and loans is recommended to balance your financial load.
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