Is it possible to disburse the loan amount partially, for example taking three lakhs now, and will that count towards the total amount required?
Yes, you can usually disburse an education loan amount partially, such as withdrawing three lakhs now. This partial disbursement will count toward your total sanctioned loan amount.
The remaining funds can be disbursed later, depending on your course fee schedule and the lender’s policies. Your total repayment will be based on the full amount sanctioned, including all partial withdrawals.
If you need help with your lender’s specific disbursement process, please connect with your Leap counsellor.
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More Cost & living questions
- If I get an education loan, can I proceed with the application after the loan amount is clear?
- Is it better to spend 12 lakhs in India or go abroad for higher studies in Germany for a Master's?
- Does the agency provide end-to-end services including visa, loan guidance, and accommodation?
- Do I need to show living expenses in my bank account for visa purposes, and can I withdraw it after reaching Ireland?
- How do I get an education loan for an MBA abroad as an Indian student?
- What is the minimum budget required for studying abroad in Canada or Ireland for two years?
- Are you helping with educational loans or bank loans for studying abroad in UK/Ireland for a Master's?
- Can I apply for an education loan up to 30 to 35 lakhs or 30 to 40 lakhs budget?
