So you are interested to apply for a student loan to study abroad for free! There are millions of students who want to know how to get student loan. The competition is very tough these days as many aspiring students are vying for good jobs and higher positions in different sectors.
Earning a degree by a foreign institution is surely like adding a delicious topping to a pizza. A foreign degree and that too from a good institution means that you will surely catch the eye of hiring managers and if you get good grades, there is nothing better!
Apply for a Student Loan to Study abroad
Ok, you are a high achieving student and want to enroll in a prestigious foreign university but that is too expensive for you to afford, do you have any options? Yes, you have! Study abroad loans are definitely for you. So now that you have made up your mind, this article will serve as guidance for you to pursue you dream of studying in a foreign university.
How to get a student loan?
Study abroad loans are generally offered to university or college students and you can start by searching the “Institute of International Education” webpage and looking for universities that offer study abroad loans. Now narrow down your search to the universities which are in the country you want to go. You will have to jot down their contact numbers and email addresses.
Next, make a very attractive and catchy CV of yours. Study abroad agencies are the better option here as they have education experts who can compile your CV better and who have contacts and contracts with different universities all over the world. They have a little fee but if you want to do it yourself, you surely can.
Process to Apply for a Student Loan
Once you have prepared a very nice CV for yourself, start by sending emails to all the universities you have selected and researched. While researching it is important that you only select the universities which are approved by the federal government to provide study abroad loans or they are no good for you. Also for the research, consider universities that offer consideration on co-curricular and extra-curricular activities. Now you need to have a good portfolio including all of your activities and strengths as this is very important for you to be selected for the student loan by the university as they have limited number of seats on study abroad quota. Study abroad loans have a time duration comfortable enough for you to study and later earn to payback, they are flexible and an excellent option.
Now the question of how to get study abroad loan is solved. But not everyone can get study abroad loans as their seats are very limited and only the top students will be selected. Except for studies, other activities like volunteering and sports come into handy too when writing a CV. Study abroad loans are common in countries like United States, England and Canada and you should get one fairly easily in anyone of these. Study abroad loans are more effective than scholarships for some students who are somewhat weak academically and certainly a better option than working to earn as they offer one with a peace of mind to concentrate on studying abroad with peace.