Education Loans & Scholarships for Overseas Studies

How to Finance Your Study Abroad Dream: Loans & Scholarships

Financing foreign education is a key priority for families in Haryana. With proper planning, education loans and university merit scholarships make international studies accessible.

1. Secured vs. Unsecured Education Loans

• Secured Loans: Require collateral (property, land, fixed deposits). Offer lower interest rates (8.5%–10.5%) and higher loan amounts up to ₹1.5 Crore.
• Unsecured Loans: Based on student academic merit and co-applicant income. Loan limits up to ₹45–75 Lakhs.

2. University Merit Scholarships

Many universities in Canada, the UK, Australia, and Germany offer automatic entrance scholarships ($2,000–$10,000) based on high high-school or bachelor's GPA.

3. Financial Proof Verification

Embassies require clear proof that loan sanction letters come from approved nationalized or scheduled banks (e.g. SBI, HDFC Credila, ICICI).

Shree Shyam Overseas assists Panipat applicants with loan documentation checklists and scholarship application submissions.