Almost all banks give educational loans to students for overseas studies. For overseas studies one can get educational loan up to 15 lacs. Generally, the repayment of the loan starts only after one year of the completion of the programme OR six months after getting a job, whichever is earlier and continues for a period of 5-7 years Only the interest has to be paid during the tenure of the programme.

In addition, TASMAC-Study Abroad assists students to obtain educational loans through The Paras Education Foundation which offers very competitive rate of interest. The Paras Education Foundation (TPEF) is a financial consultant, helping all International Students to obtain study abroad loans @ 7-9% p.a. approx Interest (depending on Wall Street PLR) & repayment of 20 years, without any collateral security, for more than 42 countries for over 4000 Universities / Colleges / Schools like USA, UK, Canada, Australia, New Zealand, Switzerland, Costa Rica, etc.