Education Loans for New Zealand & Australia

Gyandhan organized a webinar on Beyond H1B: Prepare an Alternative for U.S. Work Visa on 24 May 2024

Here are some key Takeaways:

Summary

  • The webinar covered education loan options for studying in Australia and New Zealand, focusing on secured and unsecured loans.
  • Secured loans require collateral, such as property, and can go up to 2 crore INR. Unsecured loans don’t need collateral but require a financial co-applicant and can go up to 1 crore INR.
  • The loan amount depends on factors like the country, university, course, and the applicant’s financial profile.
  • During the study period, secured loans require simple interest payments, while unsecured loans do not require any payments.
  • Lenders include banks (both public and private), non-banking financial companies (NBFCs), and international lenders.
  • GyanDhan simplifies the loan process by checking eligibility, suggesting the best lender, and assisting with applications and documentation.
  • GyanDhan’s services are free, leveraging partnerships with over 15 lenders to expedite the loan process and avoid roadblocks.
  • Students can apply for loans on GyanDhan’s website, and the entire process can be completed online.

Feel free to ask any queries down below: