Educational loans are a student’s best friend! They provide invaluable financial assistance and help aspirants pursue their dreams without worrying about the cost. However, there are quite a few students who are sceptical about these loans and doubt their usefulness.

1. 5 costs that educational loans
can help you cover with ease!

2. Presentation Outline -
• I. Introduction
• II. Course fees
• III. Travel & living expense
• IV. Visa expenses
• V. Pre-admission financing
• VI. Other education-related expense
• VII. Social Links

3. Introduction
Educational loans are a student’s best friend! They
provide invaluable financial assistance and help
aspirants pursue their dreams without worrying about the
cost. However, there are quite a few students who are
sceptical about these loans and doubt their usefulness.

4. Course fees
This is one of the first and most obvious education-
related expenses that you can cover with a students
loan. Once your admission has been confirmed and your
educational loan is approved, the lender will directly
transfer the course fee amount to the university or
college you have applied to.

5. Travel & living expense
In case you apply for an overseas course, then you also
need to cover travel & living expenses too. This can be
quite difficult considering the fact that currency
exchange rates are usually not in your favour.
Fortunately, the best educational loans will cover up to
75% of your travel & living expenses. This ensures you
can stop worrying about funds and start focusing on
your education.

6. Visa expenses
Again, this is only applicable to students who are
pursuing an overseas education. They will have to cover
their visa expenses and in some cases, also provide
proof of funds to secure the visa.
In some countries, the visa fees and the proof of funds
required can add-up to a sizeable amount of money –
take for instance the I20 visa for studies in the USA.
Fortunately, the best education loans will cover the cost
of your visa and also offer proof of funds.

7. Pre-admission financing
You might also need cash before you attempt the
admission process. This could be to cover things like
examination preparation classes, SAT/GMAT/GRE
entrance exam fees, the cost of applications for
admission to universities abroad, etc.

8. Other education-related expense
Education loans can also help you cover the tons of
miscellaneous expenses you will encounter while pursuing
your further education. This will include things like the cost of
study material, maybe the purchase of a laptop, security
deposits, examination fees, etc.
Individually, these education-related expenses might seem
small and easy to handle. However, when you add them up,
you will be looking a sizeable amount of money required.

9. Fortunately, educational loans will help you cover all
these expenses with ease. Most lenders will offer 100%
finance for your course fees and other education-related
expenses.
They might not even have any upper limit on the loan
amount. As long as you satisfy the eligibility criteria, you
will get the financing you need.
Related Blog:- How are education loans useful?

10. Social Links
Facebook:-
https://www.facebook.com/AvanseEducationLoan/
Twitter:-
https://twitter.com/avanseeduloan
YouTube:-
https://www.youtube.com/channel/UCcsuUx1EH1C08XmX
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Instagram:-
https://www.instagram.com/avansefinancialservices/