Why Germany Is The Most Preferred Study Destination
Germany is one of the most advanced countries in the world. It is a great place to live in which is one of the reasons why so many international students plan on moving to Germany for their further studies. This is also because of the fact that Germany has many student-friendly policies. It has even managed to leave behind popular countries like Australia and France when it comes to being the most preferred study destination. The best part about Germany is that most of the universities in the country are public institutes. This means that students can easily avoid the exorbitant tuition fees that private universities charge.
There are many reports that state the fact that a majority of Indian students pursue Natural Sciences and Mathematics. This proves to be a vital factor because of which such students choose Germany over the other popular study destinations such as the UK and the US. What further works in the students’ favour is that in Germany, they have no restrictions when it comes to work hours. This means that students can easily support their own expenses. Once students complete their studies, there are many reputed organizations in Germany which creates a lot of job opportunities for graduates. This is yet another reason why students see such a bright future to study in Germany.
One also has to worry about finances in order to pursue further studies. It is a well-known fact that studying in an abroad university is always going to be more expensive as compared to studying from a local university. The most common way to arrange the finances is to go for an education loan, which is what most students do.
But the one thing that a lot of students worry about when it comes to taking an education loan is that they would have to provide collateral to the lender. Most banks make it mandatory for students to provide collateral once the loan amount crosses Rs.7.5 lakhs. But this should not come in the way of your academic dreams, and Avanse Financial Services can help you overcome this obstacle. Avanse helps students who look to go to Germany or any other country by providing them with unsecured loans. This proves to be great for those students who are looking to pursue their Masters’ Degree in mathematics, science, technology, engineering, and other fields as such as they can easily apply for study abroad loans for up to Rs.15 lakhs without having to provide any kind of collateral.
This loan amount would easily help to take care of not only their academic expenses such as purchasing study material, paying tuition fees, but also expenses that they would incur for their hostel rent, food and travel, and so on. Getting the loan amount has always been a complicated process, but this is luckily not a problem with Avanse, we send guide you through the entire procedure and make sure that the loan amount is transferred to your bank account within the stipulated timeline.
We hope this article has been helpful to you, all the best for your future!
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.