For a non-collateral loan, do I need to pay anything from my hand?

No, for a non-collateral education loan, you usually do not need to pay anything upfront from your own funds at the time of approval or disbursal. The loan generally covers tuition fees and sometimes living expenses, paid directly to the institution or as per your instructions.

Some lenders may charge a small processing or documentation fee, which may be included in the loan amount. During the moratorium period (before repayment starts), interest may accrue - paying it during this time can reduce your overall repayment.

If you need details on your specific lender's terms or any initial costs, your Leap counsellor can help.