If I get an education loan, can I proceed with the application after the loan amount is clear?
Yes, you can proceed with your university application once your education loan is sanctioned or you have the sanction letter - there’s no need to wait for the full loan amount to be disbursed.
Typically, you secure admission first, then apply for the loan using your admission letter. The loan is usually disbursed in installments as per the university’s fee schedule, not all at once.
Make sure your loan process is on track to meet any university payment deadlines.
Will you qualify for an education loan?
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