Can property owned by family members (not in my name) be used as collateral for education loan?

Yes, you can use property owned by your family members as collateral for your education loan, even if it's not in your name. This is called third-party collateral, where a relative or family friend pledges their asset to support your loan application. Typically, the property must have clear ownership documents and be free from legal issues. A tripartite agreement among you, your lender, and the property owner will be required. Please connect with your lender to understand their specific requirements and ensure a smooth process.