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
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- Does the agency provide end-to-end services including visa, loan guidance, and accommodation?
- How do US universities evaluate Indian LLM applicants differently from UK or European law schools?
- What is the fee range for a one-year MBA course compared to a two-year course in UK?
- 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?
