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Is it possible to take a loan for funding my studies for a Master's?

06 Jul 2026 · Answered by Chaithrakala P L · 1 min read
Chaithrakala P L
Chaithrakala P L Verified
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Yes, you can fund your master's studies abroad with an education loan.

Indian banks and NBFCs (Non-Banking Financial Companies) offer loans for international education, covering tuition, living expenses, and travel. Typical requirements include a confirmed admission offer, a co-applicant (often a parent or guardian), and sometimes collateral, depending on the loan amount.

Interest rates and repayment terms vary by lender and are subject to change. Some international lenders also offer loans for Indian students, sometimes without the need for collateral or a co-signer.

For guidance on choosing the right loan option, connect with your LeapScholar counsellor.

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