Every student is unique, and so are their academic and career aspirations. With the availability of a plethora of courses, students can access quality education in their preferred domain. New age NBFCs offer student loans for various courses and universities. Let’s get to know the types of courses for which the NBFCs offer student loans.
Study loan for abroad courses offered by NBFCs
Pursuing conventional courses is a surefire way to build a promising
career. The latest curriculum aims to impart the latest skills and theoretical
knowledge to enhance the student experience. Whether you want to be an
influential leader of tomorrow by pursuing MBA or be an investment banker, you
can pursue professional courses in your preferred domain. Whether you choose to study in USA, the UK or some other study abroad
destination, most NBFCs will offer an education loan for abroad purposes.
Some popular conventional courses
· Accounts and Finance
· Fashion Designing
· Journalism & Mass Communication
· Travel and Tourism
Students fascinated by the offbeat courses that hold great potential to take their career to great heights can opt for some unconventional courses. Emerging job trends have encouraged international universities to formulate innovative and exciting study programs to prepare students to be future-ready. You can choose to study in the US, Australia, Germany, Canada, the UK and other popular destinations.
Some popular unconventional courses
· Game Designing
· Music Production
· Sound Engineering
· Forensic Science
STEM and STEAM courses
What is STEAM
• S - Science
• T - Technology
• E - Engineering
• A - Arts
• M - Math
Undoubtedly, STEM courses can truly give you a perfect headstart and accelerate your career. With a growing demand for a career in the Arts domain, it has gained prominence too. Hence, STEAM courses have become massively famous among the student fraternity. You can opt for an education loan from NBFCs to pursue your higher education in these domains.
Some popular STEAM courses
• Special Effects Artist
• Graphic Designer
• Computer Science and Information technology
• Chemical Engineering
• Civil Engineering
• Computer Engineering
• Data Scientist
• Aerospace Engineering
• Artificial Intelligence
Learning is a process that should never stop. Therefore, working professionals pursue executive education to climb the corporate ladder and gain a competitive edge in this dynamic business world. Whether you want to pursue an Executive MBA or post-graduate diploma, you can opt for executive education loans to achieve your academic and career goals.
To meet the learning needs of the talented student fraternity, many international universities have designed some unique programs. We live in a well-connected global village. Education also has moved online through digital platforms, including students, educators, and parents have welcomed the move. NBFCs, too, have identified the need of the hour and have designed education loans so that students can continue their hybrid or online courses.
Students who aspire to excel in a certain skill or trade pursue vocational courses too. These study programs focus on practical and technical aspects than theoretical elements. Thus, aspirants who want to be skilled professionals pursue vocational and other certification courses.
So, these are some types of courses for which NBFCs provide education loans. However, it is advised to always check with your lender if they approve your preferred study program. At Avanse Financial Services, we believe no deserving student should miss an opportunity to access quality education due to the lack of financing. Hence, we offer a study loan for abroad purposes for multiple types of courses.
Irrespective of the courses you choose, please remember we at Avanse Financial Services will always be your education financing partner. If you have any queries, please remember we are just a call away.
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.