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In the last episode, we covered Aakanksha Garhwal’s research mechanism, shortlisted study destinations, ambitions, entrance exam, and when she will apply for her student visa. In this episode, we will cover SOP & LOR, how she found her perfect education loan partner, and her valuable tips for study abroad aspirants.
Key Highlights:
Statement of Purpose (SOP) and Letter of Recommendation (LOR) are crucial for college admissions. Statement of Purpose is an essay comprising 800-1,500 words that captures your entire academic journey, your future career goals, the rationale behind pursuing your chosen course, and other essential elements. Aakanksha spoke to her peers to understand how to draft a compelling SOP. According to her, the program must align with the academic qualifications and the career goals. Also, study abroad students need to cover the reason for selecting the university where they will spend their next 1-3 years.
Also Read: Letter of Recommendation for masters: Importance, format and sample
As the name suggests, LOR is a document shared by your mentor that captures your academic journey, accomplishments, potential, and more. It is essential to build a good rapport with your college professors right from your undergraduate course so they can offer you LOR. Since Aakanksha was an active student in her college and participated in several events, her professors knew her well. Therefore, they were happy to share LOR so she could embark on her study abroad journey. To make it easier for her professors, she shared the initial draft of LOR with them, and they later modified it after adding their views.
Aakanksha’s education consultant had recommended a couple of financiers to her. When she applied with one of those lenders, she found their process excruciatingly slow. So, she connected with Avanse Financial Services, as suggested by her education counsellor. Aakanksha chose to visit Avanse’s office to clear her doubts. Members of team Avanse patiently answered all her questions and shared a detailed repayment plan, too. The next day, she shared all the requisite documents, and within 3 days, her loan was disbursed. The lightning-fast process helped her pay her college deposit well before the deadline, which played a crucial role in reserving her university seat.
Also Read: How to draft an engaging SOP for MS in Computer Science
She was extremely happy with the seamless process, the supportive team, the transparency and the quick turnaround time. She further shared that every time she had a query, the team responded quickly. Since an education loan is the first borrowing in a student’s life, it is pretty natural to have questions, and we encourage our students to clear all their doubts before commencing the student loan journey. At Avanse Financial Services, we understand the significance of quality education and the importance of funds to access it. Hence, we have designed hyper-personalised education financing solutions with several benefits, such as quick loan sanctions, 100% financing, flexible repayment options and more.
Aakanksha highlighted that if students aspire to study overseas, they must simply jump into action. According to her, chasing your dreams now will make you grateful in 10 years. So, when you look back on your journey, it will be incredible.
You will be investing 1-3 years during studying abroad. You will be exposed to a new culture, environment, people and experiences. Therefore, you have to be mentally prepared to get out of your comfort zone and explore new horizons.
Also Read: Popular colleges in Canada for PG diploma
So, this brings us to the end of Aakanksha’s academic journey planning. We wish her all the best in her academic life and her career. If her experience has motivated you to embark on a study abroad journey, you can take a leap, too. Do not let financial hurdles block your path to success. You can opt for a loan for education to fly to your preferred study destination. If you have any queries, please feel free to connect with us. We will be glad to partner with you to enable you to fulfil your academic aspirations.
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.