Students must understand and meet the eligibility requirements 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 18, their parents will have to take out the loan.
A solid 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 Australia.
The applicant must be a citizen of India.
A letter of admission from an Australian 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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