How Educellent Can Assist Students with Education Loans
Educellent, as an overseas education consulting company, can play a pivotal role in guiding students through the complex process of securing education loans. Educellent has tie-ups with some of the best following financial institutions to make your job easy and smooth.
AUXILO
AVANSE
SBI
YES BANK
Here’s how Educellent can assist:
Comprehensive Loan Information
Understanding Loan Options: Educellent can provide detailed information about various loan schemes offered by different banks and financial institutions.
Eligibility Criteria: They can clarify the eligibility criteria for each loan type, helping students assess their chances of approval.
Interest Rates and Repayment Terms: Educellent can compare interest rates, repayment terms, and other loan features to help students make informed decisions.
Loan Application Assistance
Documentation Support: They can guide students in gathering the necessary documents for the loan application process.
Application Filling: Educellent can assist with filling out loan application forms accurately and efficiently.
Follow-up: They can follow up with the bank or financial institution to ensure the application process is on track.
Financial Planning and Counseling
Budgeting: Educellent can help students create a realistic budget considering tuition fees, living expenses, and loan repayments.
Financial Planning: They can offer advice on managing finances during studies and after graduation.
Loan Repayment Strategies: Educellent can provide guidance on different repayment options and strategies to minimize interest burden.
Loan Disbursement Support
Coordination: They can coordinate with the bank to ensure timely disbursement of the loan amount.
Problem Resolution: If there are any issues with loan disbursement, Educellent can assist in resolving them promptly.
Building Relationships with Lenders
Partnerships: Educellent can establish strong relationships with various banks and financial institutions to secure better loan terms for students.
Negotiation: They can negotiate on behalf of students for favorable loan conditions.
Post-Loan Support
Repayment Guidance: Educellent can provide ongoing support during the loan repayment period, offering advice on managing repayments effectively.
Loan Refinancing: If necessary, they can explore loan refinancing options to reduce interest burden.
By offering these services, Educellent can significantly alleviate the financial stress faced by students pursuing higher education abroad and increase their chances of securing the necessary funds.
Would you like to explore or know more on this service? Please get in touch with us…