Is it possible to include the entire study abroad application process cost (around 8 to 10 lakhs) in the education loan?
Yes, you can include most major study abroad costs - typically ₹8 to ₹10 lakhs - in your education loan. Indian banks and lenders usually cover:
- Tuition fees (full course fees)
- Living expenses (accommodation, meals, daily costs)
- Travel expenses (one-way airfare)
- Study materials (books, equipment, supplies)
However, some expenses are generally excluded, such as:
- University application fees
- Visa fees
- Documentation charges (verification, attestation, courier)
Coverage details and exclusions depend on the lender and loan scheme, and are subject to change.
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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?
