Fulfilling your dream of studying in the United States often comes with a significant cost. Fortunately, several options are available to fund your dream of studying abroad in the USA. Some of the most popular options for funding your education abroad in the USA include education loans, scholarships, grants, and other forms of financial aid.
Among these, an education loan from Leap Finance can be a great solution to your funding problem. Want to know how to get it? Let’s begin.
Apply for an Abroad Education Loan!
Choosing Leap Finance can make a big difference in your study abroad loan in the USA. There are several reasons why you should choose Leap Finance for a USA study loan. Some of the top reasons are:
Reason | Details |
No Collateral Required | Offers loans based on future potential and not on your or your family’s assets |
Competitive Interest Rates | Starting at 8.45% |
Quick Processing | Loan sanction in as quick as 3 days |
Simple & Fast Process | 100% online application with minimal documentation required (due to no collateral) |
Flexible Repayment Options | 36-month grace period with a repayment period of up to 15 years |
To be able to apply for a Leap Finance loan for the USA, you must fulfill the eligibility requirements. You must be applying to or admitted to one of the courses Leap Finance funds. Applying for a Leap Finance study loan for the USA is very easy & quick. They make it easy for students to secure loans due to their fast online application process. Here’s how you can apply for a Leap Finance loan for the USA:
Step 1: Online Application
Go to the official website of Leap Finance and choose your choice of university and program. You can check your offer in 10 minutes without any documents.
Step 2: Claim Offer
Once you have received your education loan offer, claim and accept it. Choose the amount as well as the tenure of your loan.
Step 3: Discussion
The team from Leap Finance will call you to know you better and answer your questions and doubts (if any).
The Leap Finance education loan for studying abroad does not require extensive documentation. However, here are some of the essential documents required for student loans:
Student:
Co-Borrower (Salaried)
Co-Borrower (Self-employed)
Studying abroad in the USA on your own can be overwhelming. However, getting a student loan should not be complicated. With Nomad Credit’s support and Leap Finance’s loan solutions, you can fulfill your dreams of studying abroad in the USA. Here’s how Nomad Credit assists you:
Yes, you can getan overseas education loan in India from private banks, public banks, NBFCs, and international lenders. However, you must fulfill the bank’s eligibility requirements to submit a successful loan application.
Leap Finance charges a $500 sanction fee for obtaining a sanction letter and a 4% processing fee at the time of the fund request for study abroad loans.
No, Leap Finance does not ask for collateral for its foreign education loan for the USA. They offer loans based on your potential, not on your (or your family’s) assets.
Any student planning to pursue a Master’s or postgraduate program in STEM courses at a US university can apply for Leap Finance’s abroad education loan for the USA.
The repayment tenure for a Leap Finance education loan for studying abroad is 15 years, with a 36-month grace period. However, you are required to pay a monthly payment of $100 when you start your program.
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