Education loan is significant support for students dreaming of studying abroad. Today, various financial institutions offer loans to aspirants abroad and transform their dreams into reality. However, getting loan approval is not as easy as it seems. Students do face many obstacles while applying for study abroad education loans. Students applying for a loan for higher education abroad usually opt
Australia is fast emerging as one of the most preferred higher education destinations for international students in the world. In the year 2018-19, nearly 870,000 students enrolled themselves in various degree courses in different universities and colleges in Australia. This number was about 8.8 percent higher than the number of international students enrolled in the previous academic year i.e. about
In his latest move aimed at appeasing his domestic voters ahead of the upcoming US Presidential elections, President Donald Trump, on August 3, signed an executive order that prevents federal agencies from hiring H1B visa holders. This move came in less than two months after US authorities had ordered a temporary freeze in issuance of H1B visas to new applicants.
A day after the US Immigration and Customs Enforcement (ECE) announced that it was going to send international students back to their native country if they are pursuing entirely online course in the US, top academic institutions such as the MIT and Harvard have decided to take the govt body to court. On Wednesday, July 7, the concerned institutions filed
A large number of students who go overseas for higher education, finance their education cost by borrowing money from banks and lending institutions. The lending institutions which lend money to students charge an interest on such borrowings. These interest rates are determined by banks and the rate of interest depend on a host of factors including the lenders profit margin,
Pandemics are not a new phenomenon. There have been global pandemics in the past such as the Spanish Flu pandemic that killed over 5 million people worldwide between 1918 to 1920, and more recently, the SARS pandemic that killed hundreds of people worldwide. However, what makes the Coronavirus (Covid-19) pandemic deadlier than its counterparts is due to the fact that,
One of the challenges facing 21st century is that related to global warming and climate change. The Industrial Revolution that began in the late 17th century has subsequently led to the culture of materialism where success is determined by one’s ability to consume. And although industrialization has undoubtedly brought prosperity to millions of people living on this planet, it has
Taking education loan to pay for the higher studies abroad requires a lot of planning. Not only does it require the borrower to make an exact estimate of tuition fee but also to make a calculated guess of other expenses such as cost of living. However, due to certain factors such as currency rate fluctuation or increase in fee, a
As the world prepares to take the next giant leap in the field of technology by infusing artificial intelligence in day to day business operations, the demand for STEM courses has registered a sharp increase over the years. Sensing this opportunity, more and more Indian students are applying for STEM courses overseas so that they can acquire the best knowledge
In the previous blog, we explain the Pros and Cons of taking education loan from Indian lenders and lending institutions. In part 2 of this 2-part blog series, Student Cover explains the pros and cons of borrowing money from international lenders and lending institutions to finance higher education overseas especially the US. If you haven’t read part 1, click here