The statistics show that approximately 1,52,000 foreign students were studying
in South Korea in 2021. Moreover, the number of study abroad students studying
at these universities has been increasing yearly. Are you wondering why so
many students are flocking to South Korea, one of the developed countries in
East Asia? Let’s find out!
Reasons to study in South Korea
If you aspire to study in South Korea, you can opt for an education loan for studying abroad. It is a fantastic choice if you want to finance your higher studies independently.
Korean companies such as LG, Hyundai and Samsung are popular worldwide and have a strong presence in different sectors such as Business Research, Information Technology, Automobiles, Trading, Research & Development and Construction industry. Many companies offer recruiting programs to hire international graduates who have completed their education at Korean universities. And if you feel that a financial crunch is stopping you from pursuing higher education in South Korea, taking an education loan for studying abroad is one of the best options. After all, paying loan EMIs is a cakewalk once you grab an attractive job offer.
Pro-Tip: Do learn the Korean language if you have plans to settle down in the country. It is an easy-to-learn language, and many universities offer part-time or full-time Korean language courses at an affordable cost.
You will not regret your decision if you have chosen South Korea as your study abroad destination and planning to apply for an education loan for abroad studies. For more information about an education loan and other fantastic benefits, please get in touch with us today.
We always aim to offer you competitive interest rates on your Avanse Education loan.
The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate + Spread.
Our current Base Rate is 14.25% (WEF 01.05.2023).
The Spread is floating and is based on analysis of overall credit and course profiling.
This rate is subject to the terms and conditions of Avanse Financial Services Ltd.