Can I apply for an education loan after receiving the university offer letter?

Yes, you can apply for an education loan once you have your university offer letter. The offer letter is a key requirement for most lenders, as it confirms your admission and specifies the tuition and related expenses needed for the loan assessment.

Be prepared to submit your offer letter, academic records, proof of identity, and financial documents for you and your co-applicant. For higher loan amounts, lenders may ask for collateral. Loan terms, interest rates, and eligibility are subject to change and depend on the lender.

If you need help choosing a lender or understanding the process for your profile, connect with your LeapScholar counsellor.