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    Education Loan

    Studying abroad is a life-altering but expensive choice. The combination of applications, admissions, relocation, and student living costs results in an unexpectedly high price. First Step Immigration, with its student education loan services, can help you apply with full peace of mind. You can get a student loan to study overseas from the government or a private bank, either from your home country or the country where you want to study. Co-signing (with parents or legal guardians) is very common for private student loans because most teenagers do not have the credit background to qualify for such a large loan.

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    First Step Immigration, is very reliable and professional. I would like to recommend them for all kinds of visa services. They give me the right guidance about moving to Australia and I was able to get my visa only because…

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    Essential Documents for An Education Loan
    • An application for an education loan is already filled out by the applicant.
    • Passport-size photos of both the applicant and the co-applicant
    • Photo identification for both the candidate and the co-applicant
    • Proof of domicile for both the applicant and the co-applicant
    • The applicant’s certificates and mark papers
    • Score reports for IELTS, GMAT, GRE, and other relevant exams
    • Admission letter that is obtained from the College or University
    • Statements from the co-applicant’s bank for the previous six months
    • Proof of the co-applicant’s salary
    • In the instance of immovable property collateral, it can be a house, a flat, or non-agricultural land.

    Note: The requirements may vary depending on the bank’s regulations.

    Our Canada Student Visa Work Process

    Step 1

    Evaluation of the documents

    Step 2

    Application for the loan as per the documents

    Step 3

    Loan approval, verifying bank balance

    India Education Loan Eligibility

    Some of the common factors examined by most banks are as follows:

    • The student must be of native Indian.
    • The applicant for the credit must be at least 18 years old; otherwise, the loan must be obtained by the applicant’s parents.
    • The candidate must have a strong academic background.
    • A recognised overseas College/University/Institution must have accepted the applicant.
    • The applicant’s chosen course must be professional or technical, as job-oriented courses are favoured by banks.

    First Step will mediate between you and the bank/lending institution for the processing of your education loan as part of our end-to-end support and one-stop answer services for your study abroad package.

    Successes 2000+
    Counseled 5000+
    Experts Since 2013
    Students Visa 1564 +
    Team 80 +
    Result Orientation 100%
    Frequently Asked Questions?

    How much do educational loans cost in interest?

    Am I eligible for loan forgiveness?

    At what age do student loans become wiped out?

    What are the requirements for UK student loans?

    What is the required bank amount for Indian citizens applying for student visas to Canada?

    How Can We Help You Take the First Step?

    We are connected with nationalised banks that give low-interest educational loans for overseas studies. We will also assist you throughout the process, from eligibility criteria and bank selection to loan application and paperwork preparation. Our team of experts will guide you through the process, till your loan gets approved. We will get you an education loan with low interest rates. We make the call as per client’s convenience. Contact our team to know more!

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