Cost of attendance
Lenders fund the university's published tuition plus a living-cost estimate. The I-20 or offer letter is the starting point.
Loan amounts · 2027 intakes
How Much Education Loan Can I Get to Study Abroad?
Most Indian students borrow between ₹20 lakh and ₹80 lakh for a master's abroad. The amount you can actually get depends on your total cost of attendance, the university, whether you offer collateral, and your co-applicant's income.
- Up to the full cost of attendance
- Secured loans go highest
- Unsecured limits depend on the university
- We compare 2–3 lenders
Talk to an expert
Find out how much you can borrow
A counsellor replies on WhatsApp with your checklist and next steps
Quick answer
How Much Education Loan Can I Get to Study Abroad?
Lenders fund your cost of attendance: tuition, living costs, travel and insurance, minus any margin money. With collateral, public banks lend up to ₹1.5–3 crore for abroad studies. Without collateral, typical limits are ₹40–75 lakh, depending on the lender's university list and your co-applicant's income. International lenders such as MPOWER cap loans in US dollars (up to US$100,000). MPOWER says it has paused new loans for 2026, so line up Prodigy Finance or an Indian lender as well.
Ask on WhatsAppUpdated · Reviewed by the Visa Edu Loans loan & visa desk
Loan limits at a glance
- Public banks, with collateral
- Up to ₹1.5–3 crore (SBI Global Ed-Vantage: up to ₹3 crore)
- Public banks, no collateral
- Up to ₹40–50 lakh for premier-list universities
- Private banks and NBFCs, no collateral
- Commonly ₹40–75 lakh, depending on the university and co-applicant
- International lenders
- Based on the school and your future earnings; MPOWER up to US$100,000
- IBA model scheme (no collateral)
- Up to ₹7.5 lakh
By country
Typical loan amounts by destination
Indicative planning ranges for a master's; your sanction depends on your university's cost sheet.
What decides it
Five things that decide your loan amount
Collateral
Property or deposits unlock the highest amounts and lowest rates. The loan is usually capped at a share of the property's value.
University and course
Unsecured limits depend on lender lists: top-ranked universities and STEM programs get higher amounts.
Co-applicant income
For unsecured loans, the co-applicant's income and credit score set how much the lender is comfortable with.
Margin money
Public banks usually ask you to pay 15% of the cost yourself on abroad loans above ₹4 lakh.
Example
Worked example: 2-year MS in the USA
- 01
Cost of attendance
Tuition $35,000 + living $18,000 = $53,000 a year → about ₹99.6 lakh for two years at ₹94 per US dollar, plus ≈ ₹3 lakh one-time costs.
- 02
Family contribution
Savings of ₹15 lakh cover margin money and part of the living costs.
- 03
Loan needed
About ₹85–88 lakh. Without property, this usually means an unsecured NBFC or private-bank loan, or a smaller unsecured loan plus savings.
- 04
With collateral
A ₹1.1 crore property can support the full amount at a public bank, usually at a lower rate.
FAQs
Frequently asked questions
Still have a question?
Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).
Yes. Many lenders fund 100% of the cost of attendance, especially NBFCs and secured loans. Public banks often ask for 15% margin money on loans above ₹4 lakh.
Usually ₹40–75 lakh from private banks and NBFCs, and up to ₹40–50 lakh from public banks for premier-list universities. International lenders such as Prodigy Finance and MPOWER lend without collateral to supported schools. MPOWER says it has paused new loans for 2026, so line up Prodigy Finance or an Indian lender as well.
Yes. Most lenders include living costs, travel, insurance and a laptop within the cost of attendance, as long as they are shown on the university's cost sheet.
Some lenders allow two co-applicants (for example both parents), which can raise the unsecured amount if their combined income supports it.
Explore
Keep exploring
Read next
Related pages
Loan guides
More education loan guides
- Is a Co-Applicant Mandatory for an Education Loan?
- Education Loan Without a Co-Applicant for Abroad Studies
- Education Loan Interest Rates for Abroad Studies
- Education Loan Tax Benefit: Section 80E and Section 129
- Education Loan Moratorium Period Explained
- Margin Money in Education Loans: How Much You Pay
- Education Loan Documents List for Abroad Studies
- Education Loan Process for Abroad Studies
- Education Loan Disbursement Process
- All loan guides
Talk to an expert
Talk to a counsellor today
Share your profile — we reply with a checklist and next steps. Expert consultations over call start at ₹355.
Mon–Sat, 9 AM–6 PM IST