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Financial Planning and Student Loans for indian students International Student Loans & Financial Aid for Studying Abroad

Financial Planning
and Student Loans

Navigating the landscape of funding options is an essential element within the study abroad function. Efficient financial planning, aligned with your budget is crucial in choosing the right course. We are here to wade you through the complexities involved in this process. Our team of professionals will map out a financial plan for the students based on their budgetary constraints. Fragomen Educational Services liaises with banks and trusted financial institutions to ensure students are adequately funded for their studies.

What We Offer

Provide a Roadmap to Financial Planning

Provide a Roadmap to Financial Planning

Advice with Student Loans

Advice with Student Loans

Specialized Guidance for Different Programs

Specialized Guidance for Different Programs

Distinguished Support at Different Levels

Distinguished Support at Different Levels

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    The Process

    Personalized financial assessment

    Personalized financial assessment

    Gather financial documents

    Gather financial documents

    Evaluate financial health and funding needs

    Evaluate financial health and funding needs

    Create detailed budget to include expenses and potential income sources

    Create detailed budget to include expenses and potential income sources

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    Find answers to a wide range of commonly raised questions about international educational programs, financing options, logistics, accommodation and more.

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    Which country is best for studying abroad for Indian students?

    There is no particular country that can be termed as the best country for studying abroad. It all depends on your budget, your course selection and the university you opt for. Even though USA, UK and Australia are some of the leading countries, countries like Japan, Finland, and Sweden are increasingly becoming popular among students.

    How do I choose the right university and course?

    Considering the academic and career goals, it is recommended to do research on institutions known for the preferred field of study and assess factors like location, living expenses and cultural fit. Please reach out to our consultants for more information.

    What is the application process for international educational institutions?

    This varies by country and institution. It involves submitting academic transcripts, letters of recommendation, a statement of purpose and proof of language proficiency. We recommend consulting our team for personalized guidance.

    How much does it cost to study abroad?

    The cost of studying abroad depends on the university and destination. Public universities in Germany are free of cost but may have to incur the living expenses. Contact our consultants for more help.

    How can international education be funded?

    Explore scholarships, grants, and financial aid offered by educational institutions or external organizations. Our consultants can guide you on financial planning.

    What is the average cost of living for students abroad?

    On an average, the cost of living would vary from 20 lakhs to 40 lakhs per year.

    Can I get a 100% scholarship to study abroad?

    Yes, full scholarships are available covering tuition, living costs and other expenses, but it is highly competitive also since it covers full expenses. To know more, contact our consultants FES.

    Are there scholarships for Indian students studying abroad?

    Yes, we have scholarships for Indian students. The National Overseas Scholarships, and Erasmus Mundus scholarships are some of the popular options available. Based on the courses, country, and institution you wish to study at, you can research the appropriate scholarships for you.

    Can I change my course or university after getting an offer letter?

    You may change, but this depends on the university. You can check with the respective university regarding this.

     

    Can I apply to multiple universities at the same time?

    Yes, you can apply to multiple universities at the same time. For more info contact FES.

    How long does the admission process take?

    The admission process varies for each program and university; however, it usually takes between two to four weeks.

    Are language proficiency exams (IELTS, TOEFL, etc.) necessary?

    Most institutions require proof of English proficiency. Taking exams like IELTS or TOEFL is a common way to demonstrate this. We offer assistance with preparation and information on testing centers.

    Do FES help with SOP and LOR preparation?

    FES guides with the drafting of SOP and LOR.

    How long does a student visa take to process?

    The visa processing time will  take few weeks to months. You can check with the respective country’s embassy website for more information. Contact FES more info.

    What support services are offered for visa applications?

    We offer an ‘all-inclusive’ support for the visa application process. Get guidance on required documents, interview preparation and ensuring compliance with immigration regulations.

    What happens if my visa gets rejected? Can I reapply?

    Yes, you can reapply if your visa is rejected. Our consultants at FES can help you more regarding this.

    Can I work part-time while studying abroad?

    Yes, most of the countries let you work part-time while studying. Each country has different work hours. While Ireland, Canada, UK, US (inside campus) allows you to work 20 hours per week, Australia lets you work for 48 hours per fortnight.

    Are there post study options available after completing my course?

    Yes, with a post-study work visa (duration depends on each country), you can stay even after your studies. Each country may have various options. Contact our consultants to know more.

    Is health insurance mandatory for international students?

    Most countries and universities prefer students to have a health insurance. For more info, contact our consultants at FES.

    How do I transfer money from India to my study destination?

    You can transfer the money through bank and online transfers, cross border UPI, wire transfers and foreign currency demand draft, and forex card. FES provides guidance regarding this to our students.

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