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Finance your Study Abroad Dreams

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Nomad Credit specializes in helping students secure the right education loan for studying abroad by connecting them with a wide network of trusted banks and financial institutions. Whether a student is exploring secured options or looking for an abroad education loan without collateral, our team evaluates the profile carefully and matches it with lenders that best fit the eligibility criteria.

From initial assessment and documentation guidance to final sanction support, Nomad Credit simplifies the entire loan process, improves approval chances, and ensures students access competitive funding solutions tailored to their study plans — all at no cost to the student.

Why Choose Nomad Credit?

Confused? No worries.

We're here to help you find the right loan option for you

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Find the Ideal Loan Crafted Just for You!

We simplify your finances so you can focus on learning.

US Cosigner Option

This option allows you to secure a loan with lower interest rates compared to other loan types by involving a US citizen or permanent resident as your cosigner

Save on repayments with lower interest rates
Defer payments for 6-9 months after graduation
Cover 100% of attendance costs

No Cosigner Option

Ideal for students enrolled in top universities across the USA, Canada, and beyond. These loans offer competitive interest rates and don’t require a cosigner or collateral.

No cosigner or collateral needed
Flexible repayment / no payments during school
Available for graduate students & 3rd/4th year undergraduates

Indian Cosigner Option

Partnered with top Indian banks and lenders, Nomad Credit offers a variety of competitive loan options for students in need of funding

Cosigner or collateral required for approval
Loans available for the entire course duration
Pre-visa disbursement options available

Need help for an Education Loan?

Don’t let finances hold you back! Connect with our loan experts today and find the best study abroad loan for you.

Program & Benefits

Plan your dream education journey today with Nomad Credit today!

Benefits for International Students

Courses covered under Overseas Education Loan

Confused? No worries.

We're here to help you find the right loan option for you

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Study Abroad Destinations Covered

Finance Your Future, Study Anywhere in the World

Study in United States

Study in the United States with flexible education loan options covering tuition, living expenses, and more. Access funding from top lenders with competitive interest rates and quick approvals, making it easier to pursue your dream university.

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United States

Study in United Kingdom

Get tailored education loans for the UK with faster processing and flexible repayment plans. Whether it’s a one-year master’s or a full degree, finance your studies at top UK universities without financial stress.

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United Kingdom

Study in Canada

Secure an education loan for Canada with affordable interest rates and student-friendly terms. Cover your tuition and living expenses while focusing on building a successful future in one of the most student-friendly countries.

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Canada

Study in Australia

Plan your studies in Australia with customized loan solutions designed for international students. Get financial support for top universities along with flexible repayment options to ease your journey.

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Australia

Study in Ireland

Fund your education in Ireland with hassle-free loan options from trusted lenders. Enjoy quick approvals and competitive rates while studying in one of Europe’s fastest-growing education hubs.

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Ireland

Study in Germany

Study in Germany with low-interest education loans designed to support your academic goals. Whether public or private universities, get the right financial backing for a smooth study abroad experience.

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Germany

Talk to Our Loan Expert Today!

Why wait? Get in touch with our loan specialists and explore the best student loan solutions we’ve shortlisted just for you!.

How it works?

Get free, personalized support every step of the way

01 Check Fit

Answer a few quick questions and instantly see which loans you're eligible for.

02 Apply Fast

Submit your application in minutes with guided support. We’ll help you put your best foot forward.

03 Get Funded

Once approved, your funds are disbursed quickly - directly to your account or school, as needed.

04 Easy Repayments

Flexible repayment options that align with your goals. Start repaying when you’re ready, with support all the way.

Trusted by Thousands of Graduates

Real People. Real Savings.

Anusha Goel

Columbia Business School

As I was heading for MBA at Columbia, I got in touch with Nomad team regarding the financing. They were super helpful and always approachable. This involved sitting with me on calls as I fill forms, helping with US cosigner doubts, helping me process all the applications. I highly recommend them!!

Vibhuti Luthra

NYU Stern School of Business

I’m really grateful to Nomad team for all the help and support. From the very first step, they were always just a call away. Thanks to them, the whole process felt so much smoother and less stressful. I’d happily recommend them. They truly go above and beyond for the people they works with!

Yash Maheshwari

Stanford Graduate School of Business

I got in touch with Anchal regarding financing options as I head for an MBA at Stanford. She helped me get to know about all the available options with utmost patience. In the end, I was able to get a highly competitive interest rate with her help, which turned out to be the best option available in the market!

Jack Du

UCLA Anderson School of Management

Ganesh was my case manager at Nomad Credit. He helped me secure 2 student loans, 1 for each year of my MBA at UCLA Anderson. It is not always straight forward for international students to get student loans in the US, but Ganesh walked me through the whole process step by step, making it as stress free as possible. Highly recommended!

Abhishek Pasricha

University of Southern California

Nomad Team helped me get the best possible option for my financing needs. They made sure that I got the most updated and consistent information to make the right decision towards the most important aspect of my studies i.e. money management. They were always there to help me and have a great attitude towards helping others.

Sourav Mehra

UVA Darden School of Business

Working with your team was an incredibly smooth and reassuring experience. A special shoutout to Karan and Deepesh, who truly went above and beyond at every stage and making sure everything was on track despite tight timelines. I’m genuinely grateful to have had such a supportive team by my side, I couldn’t have done it without you!

Shubham Malviya

Kellogg School of Management

Since, I was doing this for the first time, I had a lot of questions. The team very patiently answered all my queries and consistently supported me from filling-up my application to document verification until I had received my loan confirmation. Overall, I really appreciate Nomad’s help in navigating me through my loan application process.

Shakib Shaikh

Aston University

Your unwavering support, particularly in navigating the challenge of securing a loan without collateral, has been truly remarkable. Special thanks to Shweta ma’am. Your service and commitment to helping students like me achieve their dreams have made a profound impact, and for that, I am deeply thankful.

Akanksha Dilip Mhaisne

Kent State University

I’m incredibly grateful to Poonam and the entire Nomad Team for their outstanding support throughout. Their guidance was clear, timely, and tailored to my specific needs. I highly recommend them to anyone pursuing international education. They’re knowledgeable, professional, and genuinely invested in your success.

Jaspreet Kaur

University of Maryland

Thanks Sulekha & Nomad Credit for assisting me throughout. You also helped me boost my confidence personally in the entire process. I am grateful, you were there to resolve my every doubt regarding visa interview questions and any query I had. At the end, thanks once again for helping me achieve F-1 visa for the USA.

Arshan Bhanage

San Jose State University

Your exceptional guidance made my master’s application process smooth and stress-free. You were always available and willing to answer my queries with patience and clarity. I highly recommend Nomad to anyone seeking professional guidance for their higher education journey.

Why choose Nomad Credit for Study Abroad Journey?

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Overseas Education Loans

Frequently Asked Questions

What is a study abroad education loan?

A study abroad loan is a financial product designed to help students cover expenses related to international education, including tuition fees, living expenses, travel, insurance, and other academic costs.

What expenses are covered under an education loan?

Most lenders cover: 1) Tuition fees, 2) Living expenses, 3) Travel costs, 4) Visa fees, 5)Health insurance, 6) Exam and application fees, 7)Books, laptop, and study materials, 8) Coverage may vary depending on the lender.

What is margin money in education loans?

Margin money refers to the amount that the student has to contribute to the total loan amount. For example: if your loan has a 5% margin, you will get only 95% of the loan amount, and it’s your duty to add the remaining 5% to the loan.

Can I get a zero interest education loan?

Most banks do not give zero-interest (0%) education loans, which means if you borrow money for studies, you usually have to pay back more than you borrowed because of interest. However, in some cases, the government helps by paying the interest while you are studying, so you don’t have to pay extra during that time, but once you finish your course, interest may start again. Some state governments also offer special schemes with very low or zero interest for certain students. So, while true 0% loans are rare, you might still get help through government schemes or scholarships that reduce how much you have to repay.

What is the maximum time for education loan?

The maximum time to repay an education loan is usually up to 15 years after you finish your studies. This includes a moratorium period (usually 1 year) where you don’t have to pay, so you only start paying after your course is done. For example, if your course takes 4 years, and you get 1 year after that to find a job, you could have up to 15 years to repay the loan. Some loans may give you more time, but 15 years is the usual maximum.

How many years to pay back a student loan?

You usually have up to 15 years to pay back a student loan, depending on the bank or lender. After you finish your studies, there is often a moratorium period (usually 1 year) where you don’t need to pay anything. After that, you start repaying the loan, and most loans are set up to be fully paid off in 12 to 15 years. Some lenders might give you a little more time, but 15 years is the common maximum.

Can I get a 100% loan to study abroad?

Yes, you can get a 100% loan to study abroad, which covers your tuition fees and sometimes even living costs. However, you need to meet certain conditions like having good grades, getting admission to a recognized university, and sometimes providing collateral (like a house or savings). The loan is usually repaid over 12 to 15 years, and you don’t have to pay anything during your studies (this is called the moratorium period). But it’s important to check the details with the bank before applying.

What is the maximum loan amount students can get from education loans?

From Indian lenders, students can get up to INR 1.5 Cr and from banks in the US, the maximum loan amount can be up to INR 1.8 Cr. If approved, the maximum loan amount depends on your co-borrower’s income (or collateral value), country and course of study, and similar other factors.

Who can be a co-borrower for an education loan?

In India, the co-borrower must be a close relative of the student, such as a parent, sibling, spouse, parent-in-law, etc. The co-borrower must be earning the minimum income specified by lenders without any other obligations, as well as other eligibility requirements to be approved However, for US banks, the co-borrower can be anyone who is a US citizen or a permanent resident in the country. Like in India, the co-borrower must meet the income criteria and other eligibility requirements to be approved.

Why there is insurance for education loans?

Education loan insurance helps when unexpected events, like the student’s untimely demise, occur. The insurance company will take care of the loan, thereby not troubling the student’s family with repayment.

Can I get a loan without a co-applicant?

Most lenders require a co-applicant (parent/guardian/spouse). Some international lenders may offer loans without a co-applicant, depending on eligibility.

Is there any tax benefit on education loans?

In many countries, interest paid on education loans may qualify for tax deductions. It’s advisable to consult a tax advisor for details.

Can I apply for a loan before securing admission?

Most lenders require confirmed admission. However, you can start comparing loan options and checking eligibility early.

Finance your Study Abroad Dreams with Nomad Credit

Disclaimer

*Student Loan Rate and Terms Disclosure: Rates displayed include Automatic Payment and Loyalty Discounts, where applicable. Note that such discounts do not apply while loans are in deferment. The lenders on the Nomad Credit platform offer fixed rates ranging from 3.23% – 18.11% APR and variable interest rates from 4.13% – 16.85% APR. Variable rates and floating rates from Indian lenders will fluctuate over the term of the borrower’s loan with changes in the Index rate. The Index will be either LIBOR, SOFR, or the Repo Rate (for Indian lenders), depending on the lender. Rates are subject to change at any time without notice. Your actual rate may differ from the rates advertised and/or shown above and will be based on factors such as the term of your loan, your financial history (including your cosigner’s, if any, financial history), and the degree you are in the process of achieving or have achieved. While not always the case, lower rates typically require creditworthy applicants with creditworthy co-signers, graduate degrees, and shorter repayment terms (terms vary by lender and can range from 5 to 20 years), and include Automatic Payment and Loyalty Discounts, where applicable. Loyalty and Automatic Payment discount requirements, as well as lender terms and conditions, will vary by lender; therefore, reviewing each lender’s disclosures is important. Additionally, lenders may have loan minimum and maximum amounts, degree and institution eligibility, citizenship and residency requirements, and other lender-specific criteria. Lenders will conduct a hard credit pull when you submit your application. Hard credit pulls will have an impact on your credit score.