International lenders
International Student Loans for Indian Students
International lenders fund Indian students at supported universities without collateral or an Indian co-applicant. They're a useful option for students with strong admits and families who can't pledge property.
- No collateral
- No co-signer
- Supported schools only
- Repaid in foreign currency
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International Student Loans for Indian Students
International student lenders such as Prodigy Finance and MPOWER Financing lend to Indian students at supported universities based on the admit, program and expected earnings, without collateral or a co-signer. Prodigy focuses on postgraduate programs worldwide; MPOWER on supported schools in the US and Canada (US$2,001–US$100,000). Loans are in foreign currency, so your rupee cost moves with exchange rates. MPOWER says it has paused new loans for 2026, so line up Prodigy Finance or an Indian lender as well.
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Ask a counsellor directly — we reply on WhatsApp during working hours (Mon–Sat, 9 AM–6 PM IST).
Yes, a loan approval letter from a recognised lender is accepted as proof of funds.
If you repay from a US or UK salary, a weaker rupee doesn't matter much. If your family repays in rupees, the cost rises.
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- How Much Education Loan Can I Get to Study Abroad?
- 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
- All loan guides
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