Does the education loan include living expenses, and how much living expense is covered in UK/New Zealand?

Yes, education loans for Indian students studying abroad usually include living expenses along with tuition fees. The coverage amount depends on the lender and country.

- UK: Most education loans cover both tuition and reasonable living costs such as accommodation, food, and transportation. The total sanctioned amount is based on the typical cost of living in the UK.
- New Zealand: Student loans can include a weekly living allowance. As of 2026, the maximum is NZD $305/week for full-time students, meant for rent, food, and daily expenses. This allowance is a loan and must be repaid.

Coverage amounts are subject to change and can vary by lender.