Can you provide an overview of managing the budget of 30-35 lakhs for studies, including if loans or savings will be used?

Yes, you can manage a study abroad budget of ₹30 - 35 lakhs by combining personal savings, education loans, and other financial strategies.

- Use your personal savings first to reduce loan dependency and future debt.
- Education loans from major banks can cover up to ₹1.5 crore, but loans above ₹7.5 lakh usually require collateral. Interest rates and terms are subject to change.
- Apply for scholarships and grants to lower tuition fees.
- Depending on your destination, part-time work may help cover living expenses.
- Plan a detailed budget, track expenses, and set aside 5 - 10% for emergencies.