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Singapore is popularly known as Garden City for its lush green gardens,
with almost 47% of Singapore covered in green space. Apart from this, several
reasons make Singapore a popular destination among study abroad students who apply for
student loans to pursue their further studies there. Did you know that
prestigious universities like the National University of Singapore (NUS) and
Nanyang Technological University are among the top 50 universities as per Times
Higher Education ranking? So, let’s look at the incredible reasons that make
Singapore one of the most sought-after study abroad destinations.
Did you know that Singapore is ranked 17th among the best student cities
in QS ranking, 2021? Singapore is popular among study abroad students due to
Research and Development (R&D) activities, Dual Degrees, exchange programs,
practical exposure and other opportunities. According to Programme for
International Student Assessment (PISA), it offers the best education system.
If you are looking for courses in Technology, Engineering and Science, your
search ends here. It comes as no surprise when students apply for education
loans to move to Singapore for their further education.
Singapore has gained significance in engineering, technology, pharmaceuticals and manufacturing, making it a popular financial hub. The island’s strategic geographic location and its advantage of being one of the gateways to the Asian market attract foreign investments leading to its overall economic development. The study abroad students who aspire to spearhead their professional careers in this country can certainly benefit from Singapore’s prominent economic position.
Since the educational programs from Lion city are highly reputable, study abroad students find it easier to secure a job after finishing their studies. Singapore’s recognised courses further attract campus recruitments from premier international business organisations. If you are looking for part-time work opportunities while you study, then Singapore is an ideal destination as long as you adhere to the laws of the land. This makes Singapore a great place for study abroad students, as there are numerous opportunities to earn well and easily pay back your student loan.
Did you know that in 2021, it was ranked 5th for being an expat-friendly
country? Not only is this island-nation expat-friendly, but also known for
providing much-needed safety to study abroad students, thanks to its strict
laws and low crime rates. Worried about networking around the campus? Don’t be,
because English is the widely spoken language in Singapore, so you will not
face any language barrier.
Singapore is one of the few destinations to offer affordable courses as compared to other mainstream study abroad destinations. Affordable education coupled with a reasonable cost of living makes Singapore is one of the best choices among study abroad students without compromising quality education.
Singapore has tropical but pleasant weather, study abroad students will
have fewer bags to carry without that winter clothing. The famous adage, “All
work and no play makes Jack a dull boy”, may be true, but not in Singapore. The
vibrant city has a plethora of options for you to engage in recreational
activities. Nature lovers can visit the Singapore Botanic Garden, Gardens by
the Bay or stroll in Singapore Zoo. Shopping enthusiasts will be amazed by the
shopping malls in this city. Foodies can find their way to Hawker Centres for
gastronomical experience without digging a hole in their pocket.
Several rankings suggest that Singapore has gained massive popularity
among the study abroad aspirants due to its effective education system,
well-recognised universities, quality of life, security, and plenty of other
reasons. So if you have made up your mind to study in Singapore, start planning
the way forward. At Avanse Financial Services, we will
handhold you throughout your academic journey and ensure that you have a
hassle-free experience by providing you with an education
loan. All the best!
We always aim to offer you competitive interest rates on your Avanse Education loan.
The rate of interest on your loan is calculated as: Interest Rate = Avanse Base Rate +
Spread.
Our current Base Rate is 14.25% (WEF 01.05.2023).
The Spread is floating and is based on analysis of overall credit and course profiling.
This rate is subject to the terms and conditions of Avanse Financial Services Ltd.