Study abroad plans – Don’t let the pandemic win

Study abroad programs are expensive, and education costs are rapidly increasing. Besides, you may think COVID is another roadblock in your way of executing your study abroad plans. But what if we tell you that you can fly to that perfect study abroad destination of your dreams amid the pandemic? With the help of overseas education loans and some meaningful insights, you can carry on with your plans; here’s how-

Educate yourself

Study abroad destinations, course work, well-ranked educational institutions, research and development enabling universities, higher education loan and more such elements will help shape your final master plan. However, in the wake of a pandemic, you have to consider a few more factors.

The subjects of your choice will remain at the core of your plan. But not knowing about the COVID-related measures in your preferred destination or COVID norms of your university can be disastrous. So educating yourself is the best way forward. Your university websites are the best place to start. Your peers, too, will give some incredible insights. If you want to know what other study abroad students are asking during COVID, please click here.

Visa and the updates

If you are applying for this fall intake, ensure you keep track of all the visa-related updates. The USA has its unique way of encouraging students by allowing student visas without an expiry date. Did you know that you can benefit from a post-study work visa if you apply for this fall intake in the UK universities? It applies to the students arriving by 27th September 2021. Furthermore, Germany, Italy, Portugal, and Latvia are some countries that offer visas despite the crisis.

COVID measures

Many study abroad destinations have re-opened the borders, and many students have begun their pursuit of academic excellence. But some countries require you to get vaccinated before you arrive, like France, Hong Kong, Estonia, Greece and more. The US, the most preferred choice among study abroad students, allows you to travel without proof of vaccination. On the other hand, the UK has gone a step further to help you get vaccinated once you land in the country. If you want to know COVID-related updates of some popular destinations, please click here.

Education loan is the answer to your problems

Student loan covers education-related costs like travel expenses, tuition fees, accommodation cost, equipment cost and more. Education loans have helped millions of students achieve academic excellence, gain international exposure, get hired by prestigious MNCs, ultimately helping them achieve success.

With the pandemic, we witnessed immense pressure on the student community who were planning their studies abroad. So, the online application process was adopted so that you can opt for an education loan even during a crisis. However, even during COVID, before you apply for an education loan, ensure that you have all your documents in place. We at Avanse make a special effort to assist you in fulfilling your aspirations, and hence we have designed financial solutions to meet the need of the hour.

Plan ahead

While an education loan is the most brilliant way to plan your future, it is essential that you have an excellent repayment strategy right from the start. You will take a loan in a lump sum, but you will repay it via monthly EMIs over some years. The longer tenure of a loan means a smaller amount of EMIs and vice versa. When you create your repayment strategy, ensure you consider future remuneration, automatic EMI payments, work while you study and more, which will help you draft a near-accurate plan. Education loan repayment calculator will be your best friend in this journey.

Now you have the perfect opportunity to be a part of a vibrant student community, experience on-campus learning, learn about new people & culture and study in your dream university. All of this is possible with an education financing solution, and we are a just call away! So, do not give up on your higher education plans.