Will I be able to get an education loan for the remaining amount after my savings in UK/Australia for a Master's?
Yes, you are likely eligible to get an education loan for the remaining amount after using your savings for your Master's abroad.
Indian banks and financial institutions typically offer education loans for studies in countries like the UK, Australia, Singapore, and the UAE. Common requirements include:
- Minimum 50% marks in Higher Secondary Certificate (HSC) and graduation
- Confirmed admission to a recognized institution and career-focused course
- Co-applicant with regular income (often a parent or sibling)
With your 7.2 CGPA and four backlogs, eligibility depends on the lender - some may be flexible if you have admission to a reputable institution and a strong financial profile.
Will you qualify for an Australian education loan?
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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?
More Australia questions
- Is a loan sanction letter from the government regulated Indian Bank accepted for a UK student visa application?
- By when should my HEP point be completed, should it be this month to avoid delay in UK?
- Is January 2027 intake possible for masters in business analytics in UK/UAE?
- Is it possible to study computer science with specialization in artificial intelligence in UK/New Zealand for a Master's?
- Can I study in the UK without IELTS, and which universities accept other English tests?
- 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?
- Can I call my husband on a dependent visa after I go on a student visa for my masters abroad in UK/Ireland?
