The US is home to prestigious educational institutions, including IVY league universities. However, pursuing higher education in the US can be an expensive affair. Therefore, many students opt for an education loan for MS in the US. Here’s what you must know about the study loan for MS in the USA.
Key highlights:
- Why Should You Opt for a Student Loan for MS in the US
- Multiple Benefits of a Student Loan for MS in the US
- How to Select the Best Education Loan for MS in the USA Without Collateral or With Collateral
Why Should You Opt for a Student Loan for MS in the US
Benefits of Studying in the US
When you study in the US, you can access quality education. Ranking platforms such as Quacquarelli Symonds (QS) World University Rankings and Times Higher Education (THE) World University Rankings have ranked several US institutions. You can choose from multiple specialisations and courses.
Furthermore, Curricular Practical Training (CPT) and Optional Practical Training (OPT) options allow easy transition from academics to career. CPT training is part of the study programme. Your designated school official (DSO) will authorise you for CPT. OPT will let you find temporary employment in your chosen area of study. You can receive up to 12 months of OPT before or after completing your studies. This OPT can be extended for 24 months if you have opted for Science, Technology, Engineering, and Mathematics (STEM) degrees.
- Here are the top universities offering master’s courses in the US:
- QS category: QS World University Rankings 2025: Top global universities (US-specific)
- THE category: World University Rankings 2025 (US-specific)
| Sr.No. | Universities | QS Rankings | THE Rankings |
|---|---|---|---|
| 1 | Massachusetts Institute of Technology (MIT) | 1 | 1 |
| 2 | Harvard University | 2 | 2 |
| 3 | Stanford University | 3 | 4 |
| 4 | California Institute of Technology (Caltech) | 4 | 5 |
| 5 | University of Pennsylvania | 5 | 9 |
| 6 | University of California, Berkeley (UCB) | 6 | 6 |
| 7 | Cornell University | 7 | 13 |
| 8 | University of Chicago | 8 | 8 |
| 9 | Princeton University | 9 | 3 |
| 10 | Yale University | 10 | 7 |
Although the US is known for offering impeccable education, various costs, including tuition fees, accommodation costs, travelling expenses, study material, living expenses, and other education-related costs, can make US education expensive. Therefore, an education loan for an MS in the US can be a good choice.
Also Read: Top MS Universities in the USA - A Complete Guide
Multiple Benefits of a Student Loan for MS in the US
- Access Quality Education With an Education Loan for MS in the USA for Indian Students
You no longer have to settle for lesser-known universities or lesser-popular courses. With an education loan for MS in the USA, you can study at your dream university without worrying about the associated costs.
- Be Independent
Why should you depend on your parents to fund your dream of studying in the US? With a student loan for MS in the USA, you can pursue your academic aspirations independently. You can step into that space where you can absorb knowledge and learn new skills which are essential for personal and professional development.
- Do Not Use Family Savings
You don’t have to dip into family savings or liquidate the assets that your parents took years to build. Savings are crucial for contingencies such as a pandemic or health emergencies. Education loans can let your savings be savings, which can come in handy during rainy days.
- Credit Score
By repaying your student loan, you build a healthy credit score that can unlock several benefits when you opt for other financial products, such as a car loan, home loan or credit card.
Also Read: What You Should Know About the USA Education System
How to Select the Best Education Loan for MS in the USA Without Collateral or With Collateral
Interest rates should not be the only criteria when you want to find the best education loan for MS in the USA. You need to check the financial institution’s basic eligibility criteria, turnaround time taken to sanction the student loan, repayment options, customer service features and benefits, etc. If the documents are in place and students meet the set criteria, an education loan for MS in the US for Indian students can be sanctioned quickly.
Whether you want an education loan for the US in the USA without collateral or with collateral, at Avanse Financial Service, we provide you with customized solutions. You can apply for an educational loan amount, depending on your financial requirements. To find the estimated EMI amount, you can utilize our online education loan EMI calculator. If you have any questions about an education loan for study abroad, please get in touch with us.
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