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Tata Capital > Blog > Loan for Education > Applying to the US, UK, Australia for further studies? Here is the to-do list for you

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Applying to the US, UK, Australia for further studies? Here is the to-do list for you

Applying to the US, UK, Australia for further studies? Here is the to-do list for you

Indian students are travelling to study in the best institutes around the world. The whole world seems to be their classroom- thanks to ease of travel, visa availability and education loans.

And this not just a mere statement. According to a recent survey, 5.53 lakh Indian students are studying abroad in 86 countries. 55% of these students are in North America while other popular destinations include the UK and Australia. Here are things to keep in mind when you are deciding on you study location.

From India to the American Dream

Yes, USA still remains to be one of the top destinations for Indian students as they aspire to pass out from the Ivy League and give wings to their career. But before that, there’s a lot that you need to do in order to get to a US university.

Be ready for SAT, TOEFL, IELTS, GMAT and GRE

Every university will ask you for some sort of a common application test depending on your scores, undergraduate or postgraduate program. The scores in these tests will determine your seat in the top colleges and universities

Be an early bird

Know exactly which university you want to head to? Then apply through the early decision process, which lets you apply and get enrolment almost a year in advance.

The downside – once you enroll, you are legally bound to that institution or university. So make sure that the institute is a place that is really preferred by you.

Additional Read: Secured Vs Unsecured Education Loans: A Detailed Guide

Funding

The average tuition fee in USA can range from $USD 25,000 to 35,000 per year. Sounds steep for you? Check for scholarship programs or consider an education loan from NBFCs like Tata Capital to get into your dream college.

Visa

There are 3 kinds of Visa. F1 for academic studies, J1 includes practical training and M1 for vocational studies.

Paperwork

Get all your paperwork in place, which includes submitting all your original mark sheets, ID proofs and address proofs online.

The Big Ben Aspirations – UK

UK is a great crowd puller when it comes to education as the graduate program is 3 years unlike 4 years in USA and post-graduation programs are typically for just a year as compared to 2 years in other countries. Here’s what you need to know when applying to study in the UK

Know exactly what you are getting into

Research about the course and university you want to apply for. A great place to begin your research is through the UCAS website, which has a database of all the universities and colleges in the UK.

Visa in place?

Make sure you meet all the tier-4 student visa requirements. Without which it is pointless to even start your application

Be 3 months ahead

When applying to the UK, start your application process 3 months in advance as it betters your chances of getting your favourite course and college.

What about the pocket?

UK education comes at a premium. We’re talking about 9000 pounds per year for an undergraduate course. So, make sure to keep those funds in place. And if you’re falling short, there are several scholarship programs or an education loan from financial institutions like Tata Capital to get you sorted.

Learn from the Land down under – Australia

Remember how we had told you about planning a master’s degree in Australia? Australia is one of the leading choices for Indian students these days. Did you know it has 8 of the top 100 universities in the world? Get a world-class learning and living ecosystem in Australia.

Flexible Admission

Unlike the UK and USA where you can apply once, Australia gives you the flexibility to apply twice a year. You can opt for a semester from March to June or July to October. In either case, you will have to apply 3 months in advance for a seamless admission.

Proficient in English

You will have to score high in an IELTS or TOEFL exam to get through a university.

A subclass visa

Australia issues a student visa known as subclass 500 for the duration of your stay and education.

Funding

Be ready to shell out at least 15000 to 33,000 Australian dollars per year in an undergraduate degree. Students in need of funds can apply for Australia Awards Scholarships. If you still can’t make it, apply for an Education Loan from financial institutions like Tata Capital.

Speaking of Education Loan

NBFCs like Tata Capital offers you Education Loan so that you can get access to the best in your education and career advancement. Tata Capital Education loans offer you:

Customised plans

Based on your education needs, Tata Capital maps out an entire education loan journey, which includes expenses like tuition, accommodation and other fees. Plus, you get lower personal loan interest rates and quick approvals

Additional Read: Can You Get Education Loan for Online Education?

Minimal paperwork

Tata Capital’s minimum documentation paves the way for your bright future by making the process easy and accessible with their personal loan for education.

Easy repayment options

We have plenty of flexible repayment options so that you can learn, earn and repay at ease.

Looking for one, get started at with Tata Capital Education Loans.

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