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Education Loan for Germany

Updated on Nov 15, 2022
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Eligibility in General

It is critical for students to understand and meet the eligibility requirements in order to apply for an Education Loan from their preferred money lending institution or bank. Various banks have different eligibility conditions. However, there are several common elements that all money lending organizations (banks) consider:

  • The candidate should be a citizen of India.

  • If the loan applicant is under the age of 18, their parents will have to take out the loan.

  • A strong academic background is required of the candidate.

  • The candidate must have been accepted into a well-known overseas university, institution, or college.

  • The applicant's chosen course must be technical or professional, as banks favor applicants with work experience.

Application requirements for a student loan to study in Germany-

  • The applicant must be a citizen of India.

  • A letter of admission from a German university or institution is required.

  • Candidates must be enrolled in a professional program that has been authorized for funding by the institution ( professional, technical, diploma degrees).

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