Unlock Your Future with an
Undergraduate Education
Abroad Loan from Avanse
Abroad Education Loan?
An undergraduate education abroad loan from Avanse empowers you to pursue global opportunities without dipping into your family’s savings. Whether you need a student loan for undergraduate abroad with or without collateral, we’ve got you covered. Our loans fund tuition, living expenses, travel, and insurance—everything you need for a seamless academic journey. Enjoy the flexibility of co-applicant options, a convenient moratorium during your study period, and the chance to build a strong credit profile early in life. With Avanse, financing your undergraduate loan for international studies is more than easy—it’s smart.
Key Features of Avanse Undergraduate
Study Abroad Loans
Avanse offers tailor-made undergraduate loans for abroad studies, designed to meet every financial need of your global academic journey. Whether you’re looking for a study loan for undergraduate abroad or exploring education loan options for UG abroad, here’s what sets us apart:
High Loan Amounts
Get up to ₹4 crores in funding to cover tuition, living expenses, travel, insurance, and other education-related costs. Ideal for students aiming for admission at top universities abroad.
Flexible Repayment Terms
Flexible repayment terms with tenures up to 20 years give you ample time to repay your student loan for undergraduate abroad with ease and convenience.
Stress-Free Moratorium
Make the most of your study years with flexible moratorium options that ease your financial burden. You can choose from multiple repayment structures, including a full moratorium where no EMI is required during your course period. If you prefer to start with lighter commitments, options such as simple interest plus EMI or standard EMI are also available.
Competitive Interest Rates
Access competitive interest rates that make your undergraduate education abroad loan affordable and manageable over the long term.
Financing for Multiple Destinations
Pursue your undergraduate ambitions without geographical limits. Your loan can be used at leading universities across major global study destinations such as the US, the UK, Canada, Australia, and many others. Additionally, we help finance courses at the top 1,000 universities worldwide, ensuring broad access to high quality global education.Fund your undergrad education and study abroad with Avanse education loan
Apply NowEligibility Criteria for Student Loans for Undergraduate Abroad
To apply for an undergraduate education loan, the financial profile of the parent or co-applicant plays a central role in the assessment.
While basic student requirements are considered, the primary evaluation is based on the parent’s income stability and overall financial strength.
- Must be an Indian citizen
- Minimum age of 18 years at the time of application
- Have confirmed admission to a recognised international undergraduate program
- Minimum 60% marks in Class 12 (preferred)
- Must have a co-applicant with a stable income
- Must be an Indian citizen
- Should be the student’s parent, legal guardian, sibling, or other close blood relative
- Must have a bank account in India with cheque-signing authority
- Should have a stable income and act as the primary debtor on the loan
Expenses Covered by Undergraduate Education Loans Abroad
Tuition Fees
Avanse covers 100% of the tuition fees as charged by the university for your undergraduate program abroad. This includes semester-wise academic fees, registration charges, examination fees, and other compulsory academic costs listed in your admission letter.
Living Expenses
Your undergraduate education abroad loan also takes care of day-to-day living expenses such as accommodation, food, local transportation, and utilities. This ensures you can focus on your studies without financial stress while living independently.
Travel and Airfare
We cover the cost of your flight tickets to and from your study destination. This includes one-way or round-trip airfare, depending on your loan structure, helping you budget your study loan for undergraduate abroad more efficiently.
Study Material & Laptop
Your education loan for undergraduate abroad includes provisions for purchasing essential books, software, and a laptop required for your course. These tools are vital for success in modern classrooms and research environments.
Visa and Insurance Charges
Your loan also covers visa application fees and mandatory health or travel insurance premiums as required by your university or host country. These are essential costs, and we ensure they’re fully accounted for under your undergraduate loan for international studies.
Documents Required for an Undergraduate Loan for Abroad
| Documents | Applicant | Co-Applicant | Collateral (If Applicable) |
|---|---|---|---|
| Valid photo ID (e.g., Aadhaar, Passport, Driver’s License) |
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| Proof of residence | |||
| Date of birth proof | |||
| Academic records (mark sheets, certificates) |
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| Proof of admission | |||
| Fee structure from the institution | |||
| Additional documents (if applicable) |
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| Income proof (salary slips, ITR, Form16) |
Step-by-Step Undergraduate Loan Application Process
Fill the Loan Application Form
Start by submitting your basic details and loan requirements through our easy online application.
Submit the Documents
Submit the required documents, including admission proof, academic records, and KYC for both student and co-applicant.
Get Loan Approval
Your student loan for undergraduate abroad will be reviewed and approved within just 3 working days.*
Disbursement of Funds
Once approved, funds are disbursed directly to your university or relevant institution, as per the fee schedule.
Begin Repayment After the Moratorium
Repayment starts only after your course ends and the moratorium period is over.
Estimate Your EMI for an Undergraduate Abroad Education Loan
Plan ahead for your study loan for undergraduate abroad with a quick EMI estimate. Our calculator eliminates the guesswork to ensure clarity.
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Frequently Asked Questions
It’s okay to have questions, because we’ve got answers!
Yes, Indian students can apply for an undergraduate education abroad loan if they have confirmed admission to a recognised international university. Loans are offered for a wide range of courses and countries, subject to eligibility and documentation.
Yes, you need to secure admission to a recognised undergraduate course abroad before your student loan for UG abroad can be sanctioned. Your admission letter is essential for the loan approval and disbursement process.
Yes, education loans without collateral for UG studies are available. Based on the course, university, and your co-applicant’s financial profile, you can qualify for an unsecured loan of up to ₹4 crores.
Undergraduate loans for abroad are available for leading global education destinations including the US, the UK, Canada, Australia, and several others. Get in touch if you want more details on whether your chosen course, university and country make you eligible for an undergraduate loan from Avanse.
Yes, your study loan for undergraduate abroad includes tuition fees, accommodation, living expenses, travel, study material, visa charges, and insurance, subject to the total loan amount sanctioned.
Yes, a financial co-applicant is mandatory for all education loans for undergraduate abroad. This can be a parent, sibling, legal guardian, or close relative with a steady income in India.
The repayment tenure for an undergraduate loan for international studies can go up to 20 years. You also get a moratorium period that includes your course duration plus an additional few months before EMIs begin.
A student loan for undergraduate abroad is tailored for students pursuing bachelor’s degrees and may have different eligibility norms, loan amounts, or co-borrower requirements compared to PG loans.