Everything You Need to Know About Education Loan for Studying Abroad

According to The Times of India, the number of active education loan accounts in India stands at around 28 lakhs. Additionally, the average amount of loan availed has considerably increased from Rs. 5 Lakh to Rs. 9 Lakh during the financial year 2018-19.

Such substantial increase is directly attributed to the growing demand for higher education. A significant number of students opt to enrol in foreign universities to complete their studies every year.

Consequently, the demand for education loans for abroad studies has also witnessed a remarkable surge in demand. It is mainly because of the huge expenses incurred while studying abroad; many opt to pay for the necessary expenses with the help of an affordable credit.

Alternatively, you can also avail a loan against property to fulfil your financial needs towards higher studies overseas.

Eligibility criteria for education loan

Irrespective of whichever course you plan to pursue abroad, you can always avail an education loan for that purpose. These credits provide adequate financial backing as well as allow you to manage your finances better while studying abroad.

The education loan eligibility criteria are listed as hereunder:

●     The applicant should be a minimum of 18 years of age and must be an Indian citizen.

●     He/she should have secured his seat in a recognized university or college abroad.

●     The student should possess a decent academic background and opt for a technical or professional course for higher studies in a foreign university.

Holding a good academic record is likely to land you with a better career prospect after you complete the course. It lowers the risk associated with lending as you are more likely to repay the debt of an education loan for abroad studies.

Benefits of availing education loan

There are several benefits of applying for a loan against property for education.

●     No end-use restrictions

Unlike education loan, where the loan amount is strictly used for funding your curriculum fee at the college/university, the loan against property education loan for abroad studies has no restrictions on its usage. You can easily fund your living and other related expenses abroad along with your education.

●     Flexible tenor

The ease in repayment of such loans is another added benefit. You can choose to repay it through an extended tenor of 20 years. A longer tenor helps you to repay the amount in a convenient manner without burdening your regular expenses. In addition, you can also choose part pre-payment or even one-time payment of the loan if you desire.

●     Hassle-free disbursal

The loan against property is a secured loan and hence requires minimum documentation and eligibility criteria to avail it. Most financial institutions disburse the loan in just 4 working days after approval. As a result, you get easier and faster access to the education loan for abroad studies, which in turn helps to cover up the initial admission charges as well.

Bajaj Finserv is a financial institution that offers loan against property at affordable rates of interest and at minimum eligibility criteria. It also offers pre-approved offers for the loan to make the process of application easier and faster.

These pre-approved offers are also available on various other financial products such as home loans, personal loans, business loans, etc. you can take a look at your pre-approved offer by providing a few details including your name and contact number.

Education loans are essential for those who would otherwise choose to back out from pursuing their dream education.  Considering this fact, many lenders are offering education loans for study abroad studies to help students overcome their financial hurdle.

Simultaneously, a loan against property can be an apt way to fund your education where you can avail a larger amount easily. Make sure that you apply for the same beforehand considering your current financial status so as to avoid falling into a debt trap later.

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Tips to select the best SAT coaching center

Scholastic Aptitude Test which is lovely called as SAT is a standardized test conducted to access critical thinking skills along with the ability to analyze and find perfect solutions for problems in critical thinking, maths, and writing. The test is accepted globally and SAT score is taken into consideration by many colleges and universities around the world for admission process along with high school grades. There is no easy way other than better preparation to get good scores in SAT. This creates the demands for high-quality coaching and is the reason why candidates search for the best SAT coaching institutes of the country. Here are some tips that help you to win in the effort.

SAT coaching

Reputation and years of existence

It is really difficult for a coaching institute to sustain in the competitive industry without providing quality coaching. Hence have a look at the reputation of the institute before taking the final decision. There are institutes with more than 25 years of success stories to provide the best in sat coaching. Such institutes will have the experience of providing training to countless numbers of candidates and it certainly helps you get success assured coaching to crack the SAT with good scores to book the admission with any of your favorite schools and colleges.

Worldwide operation

Coaching institutes with worldwide operation will have several centers in foreign countries. This helps you get quality coaching materials with international standards. The quality of coaching and the approach will stand above to that of institutes with operations within the state or country limits. You can make use of the opportunity to enjoy the benefits to that of international coaching using the latest benefits of technology in both online and offline coaching.

Different coaching options

The taste and preference of coaching vary from one candidate to another. When some of the candidates prefer classroom coaching with the benefits of technology, others look for the option of live online classes or online training. Now online classes are made more interactive and effective with the benefits of technology. Reputed coaching centers make use of high-quality video sessions and live support of trainers to assure maximum effectiveness to coaching.

Free demo class

Reputed SAT coaching centers provide you with free demo class to check for the quality of the coaching. Most of the students make use of this opportunity to know in person about the type of coaching, perfection of online platforms, quality of tutors, and more before they enroll the name of real coaching.

Better customer service and easy admission procedure

Reputed coaching centers provide high-level customer service for the students, candidates and to anyone who loves to know about SAT coaching. The services are provided online and you can get back the call from the executive within a short time of submitting the basic details. This help you know about complete details about best sat coaching, fee and all of the related information sitting at the comfort of the room. Admission procedure is made really easy online, through the mail and over the phone.

Good SAT score is so important and the best way to increase the score is to get quality SAT coaching.

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Buy Playing Equipment from a Reliable Equipment Supplier

A playground is the best place to keep the children engaged. The place has all the playing equipment to attract the kids. The children of different age groups can play here for hours as these equipment are unavailable inside the home. The equipment include various swings such as teddy bear rider, dual left bend slide, twirly climber, merry-go-round, fun station, rowing machine, cycling and more.

The swings are available in a wide variety of textures, shapes, and colours. Keeping in mind the favourite colours of kids, the fun station is designed with attractive looks. Besides this, the slides are highly durable as these are manufactured using more rubber, plastic, and nylon ropes in place of steel. Additionally, the equipment is made highly safe for the kids. There are fewer chances of kids getting hurt while playing on the fun station.

All these playground equipment can be installed in schools, recreation clubs, picnic places, baby care centres, and local parks. The equipment are the perfect option for the recreation of children. For kids, it is a great fun to play on these swings. Besides having fun, the children are also able to improve their focus, dexterity, agility, and physical strength. All these benefits can be gained while playing in a relaxed environment.

Before purchasing the fun station for the playground and setting it up, various factors must be considered. First of all, acquire a proper idea about the space available. Then find out the type of outdoor equipment required for the particular playground. There are various kinds of equipment such as fixed outdoor equipment, movable outdoor equipment, and gym equipment. For the entertainment of kids, you can buy playing equipment from kids play equipment supplier.

The playing equipment can be installed in any of the playgrounds and parks. Prior to the installation, keep in mind the number of kids that are going to use it. Moreover, the kids use the swings in a rough manner. They keep rubbing their feet continuously and scratch the slides which might damage them. Hence, the swings must not be delicate but have a good strength.

There are a number of playground slides suppliers in India, who offer various slides in different styles. The suppliers can offer a variety of fun stations with a number of designs and themes. These can be installed by the professionals in any playground. Whether, a school or local, get it installed and let the kids enjoy. For kids, it is a complete mode of entertainment.

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5 Things to Check Before Entering A Paramedical College

Before you mark down a paramedical school where you want to complete your courses, it is very important that you ask a set of questions. This will help you in acquiring a clear and transparent understanding of the procedures laid down for you as well as the liabilities.

Paramedical College 

1.     Make sure the Paramedical School you are opting for is genuine and recognized - It is best to complete your graduation programs at Union Universities. They are functional according to the instructions laid down in the Central Universities Act of 2009. These Central Universities are the most sought-after and highly demanded spheres for paramedical courses. The passing rates of the licensure examinations are also consistent factors that lets you judiciously analyze the quality of education in the college.

2.   Focus on The Opportunities that enrich your academic and cultural experience - Paramedical Colleges in Uttarakhand which include degree, diploma and certificate courses offer 40 different options to students. Choose your course wisely. The options vary depending on the discipline. You can choose from perfusion technology, dialysis therapy, Critical Care Therapy, Radiography, Yoga Science, Respiratory Therapy, Radiotherapy, Nuclear Medicine Technology, Physiotherapy, Rural Care Technology, Community Health Nursing and so on. Try out the various scholarship programs that are offered at your institutions.

3.     Be very careful regarding placement options - Focus on those institutes that are linked with one or more placement cells. As the competitive environment is reaching a sensitive spot, it is vital to hone the talents that you possess and widen your networks. Paramedical circles give you enough opportunities to increase your knowledge on the subject you are specializing in. Therefore, try to select the most favorable employment option.

4.     The University must be student-friendly - The support and responsibility that the college authorities bestow upon its students, leave a mark forever. The institute must be student-friendly and diverse. The tutorials, orientation programs, counseling sessions, cultural groups, and societies should be proactive, in order to guide its students towards a common goal.

5.     The Institute must be the best financial investment - The payment strategies, results, expenses, financial aid, and services must be known prior to the admission. Paramedical Courses in Uttarakhand make sure your calculation begins with tuition and other relevant fees, travel costs and housing. The other factors, in relation to parents’ loans, scholarships, savings, and credits should also be on par with the records.

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