List of Approved Foreign Universities for Education Loan

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Indian banks and NBFCs provide education loans to students enrolled in universities in the USA, the UK, Canada, Taiwan, Spain, Italy, France, Australia, New Zealand, Japan, and China. Students planning their academic studies in the universities of the aforementioned countries can reach out to institutional educational loan providers. They are required to meet the eligibility criteria and agree to the terms and conditions of banks and NBFCs before applying for the loan. Check out the list of approved foreign universities for education loan below.

Get familiar with the approved foreign universities for education loans and plan your academic journey accordingly. Reach out to the appropriate financial institutions to get financial assistance with your tuition fees and other course-related expenses.

Must Read: What are the Student Loan Eligibility Criteria for Studying Abroad?

List of Approved Foreign Universities for Education Loans Abroad

Here is the list of Approved Foreign Universities for Education Loan in different countries:


The USA is home to some of the top-ranked universities in the world. As this first-world nation is very expensive, here is a list of approved foreign universities for education loan in the USA

Universities QS World Rankings
Massachusetts Institute of Technology (MIT) 1
Harvard University 5
Stanford University 3
The University of California (Berkley,
San Diego,
Los Angles,
Santa Barbara,
Santa Cruz,
Berkeley- 27
Los Angeles- 44
San Diego- 53
Santa Barbara- 149
Irvine- 235
Santa Cruz- 375
Riverside- 453
California Institute of Technology 6
Princeton University 16
The Yale University 18
University of Chicago 10
University of Illinois-Chicago 317
Johns Hopkins University 24
University of Pennsylvania 13
Columbia University 22
University of Michigan 25
Duke University 50
University of Washington 80
Cornell University 20
Northwestern University 32
New York University (NYU) 39
Georgia Institute of Technology 88
Brown University 63
University of Minnesota 185
University of Southern California 134
Ohio State University 140
Pennsylvania State University 93
University of Pittsburgh 181
Rice University 100
Boston University 108
Georgetown University 281
Dartmouth University 205
Michigan State University 159
University of Virginia 253
North Eastern University 388
University of Washington, St. Louis 118


One of the most sought-after academic destinations, the UK hosts esteemed universities of the world. Universities of the UK are alma maters of some of the stellar academicians, scientists, social workers, politicians, business professionals, and artists of human civilization. 

Universities QS World Rankings
The University of Oxford 4
Imperial College London 6
University of Cambridge 2
University of Sussex 240
University of Warwick 64
University of Birmingham 91
University College London 8
University of Nottingham 114
University of Liverpool 190
The University of Manchester 28
London School of Economics (LSE)  56
University of St. Andrews 96
University of Southampton 78
The University of Edinburgh 15
University of Exeter 163
Lancaster University 146
Durham University 92
Cardiff University 166
University of Sheffield 96
King’s College London 37
University of Leeds 86
University of the Bristol 61
University of York 162
University of East Anglia 342
Queen Mary University, London 125
University of Dundee 354
University of Glasgow 81
University of Leicester 279
University of Aberdeen 220
University of Reading 229
Newcastle University 122


Universities of this island country have students from across the globe. Indian students can secure admission to the below-mentioned universities with education loans from nationalised banks and NBFCs of the nation.  

Universities QS World Rankings
Australian National University 30
University of Queensland 50
Monash University 57
University of Sydney 41
University of Adelaide 109
University of New South Wales  45
University of Western Australia 90
The University of Melbourne 33


Here is a list of approved foreign universities for education loan in Canada. Check them out:

Universities QS World Rankings
The University of Toronto 34
University of Alberta 110
The University of British Columbia 47
McMaster University 152
University of Montreal 116
McGill University 31
University of Calgary 242
University of Waterloo 154


This European nation has an excellent reputation when it comes to academics. The comprehensive and wholesome curriculum of the below-mentioned German universities helps international students become exceptional leaders, scholars, scientists, and artists of the future. 

Universities QS World Rankings
Ludwig-Maximilians-Universität (LUM) Munich 59
Humboldt University of Berlin 131
Technical University of Berlin 158
Heidelberg University 65
The University of Bonn
Technical University of Munich 49
Rheinisch Westfälische Hochschule (RWTH) Aachen University 147
Free University of Berlin 118
University of Würzburg 410
University of Erlangen-Nuremberg 340
University of Tübingen 169
Technische Universität (TU) Dresden  200
University of Freiburg 189
University of Göttingen 215
Karlsruhe Institute of Technology 141
University of Mannheim 541-550
The University of Hamburg 228
The University of Münster 384
The University of Cologne 335
University of Konstanz 541-550
University of Duisburg-Essen 801-1000

Hong Kong

Indian students go to Hong Kong to enrol in world-class universities that offer exceptional courses designed to widen the growth opportunities of students. Given below is a list of approved foreign universities for education loan in Hong Kong.

Universities QS World Rankings
Hong Kong University of Science and Technology 
Hong Kong Polytechnic University 65
Chinese University of Hong Kong 38
City University of Hong Kong 54
The University of Hong Kong 21

Also Read: Student Loan- Refinance/Consolidation


If any student has secured admission to National Taiwan University, he/she/they can apply for study abroad education loans to pursue the course of their liking.

Universities QS World Rankings
National Taiwan University 77


Switzerland is a dream academic destination for students from all over the world. Plan your academic voyage in these universities to avail yourself of education loans from the government of India.  Here is a list of approved foreign universities for education loan for Switzerland.

Universities QS World Rankings
Eidgenössische Technische Hochschule (ETH) Zürich 9
University of Basel  136
University of Zurich  83
École Polytechnique Fédérale de Lausanne 16
University of Bern  120
University of Lausanne 203
University of Geneva 


Land of the Leaning Tower and Pisa has universities with courses from different academic disciplines.  

Universities QS World Rankings
Scuola Normale Superiore di Pisa
Scuola Superiore Sant’Anna


France is the land of art and culture. Enrol in the best art courses at these universities with the assistance of education loans from financial institutions providing loans at lucrative rates. 

Universities QS World Rankings
École Normale Supérieure 111
Pierre and Marie Curie University
École Polytechnique 
Paris-Sud University


Go for courses in a wide range of academic disciplines at the below-mentioned universities of the Netherlands. 

Universities QS World Rankings
University of Amsterdam 58
Radboud University Nijmegen 232
Utrecht University 112
Tilburg University 398
Erasmus University Rotterdam 208
University of Groningen 145
Eindhoven University of Technology 138
Vrije Universiteit Amsterdam (VU) Amsterdam 214
Delft University of Technology 61
Wageningen University & Research 124
University of Twente  212
Maastricht University 278
Leiden University 131


In the developed nation of Asia, Japanese universities offer exceptional learning opportunities for international students. Select a program of your choice and excel in your career by taking some financial aid from the banking and financial institutions in India.

Universities QS World Rankings
University of Tokyo 23
Kyoto University 36


China is abode to four approved universities for education loans that rank in the top 100 universities. Secure a seat in these academic institutions and become the stalwarts of tomorrow. 

Universities QS World Rankings
Peking University 12
University of Science & Technology of China  94
Fudan University 34
Tsinghua University 14


Aspire to become global citizens and multi-lingual individuals by enrolling in the below-mentioned Spanish universities. Explore this European land and learn from the best teachers in the world.  

Universities QS World Rankings
Pompeu Fabra University
Autonomous University of Barcelona 178

New Zealand

The land of Kiwi receives Indian students with open arms. This top-ranked university of New Zealand can help students widen their horizons and become global citizens.  Given below is a list of approved foreign universities for education loan

Universities QS World Rankings
University of Auckland 87


The universities in Sweden offer skill-based and practical education backed by strong theoretical knowledge for students enrolled in various courses. The curriculum is designed to help students prosper in their academic domain. 

Universities QS World Rankings
Lund University 95
University of Gothenburg  185
Stockholm University  153
Uppsala University 128
KTH Royal Institute of Technology 89
Karolinska Institute

Must Read: Loans to Study Abroad

Banks and NBFCs Offering Education Loans to Approved Foreign Universities

Nationalized banks of India and Non-Banking Financial Institutions (NBFCs) offer education loans for study abroad students. Each financial institution provides loans of different amounts and for different courses. Students planning to study in esteemed foreign institutions can visit the official website of the banks or NBFCs or Vidya Lakshmi Portal to avail of the study abroad loans.




Universities of which countries are eligible for education loans? 

Universities of the Netherlands, UK, USA, France, Spain, China, Japan, Taiwan, Australia, New Zealand, and Hong Kong are included in the list of approved foreign universities for education loans. 

Which banks offer study-abroad loans?

SBI, PNB, Axis, and HDFC offer loans for students going to study abroad.

Which NBFCs provide study-abroad loans?

HDFC Credila, Auxilo, Avanse, ISLP, and GSLC offer loans for students enrolled in foreign universities. 

Discover study-abroad universities with Leverage Edu. Get a free 30-minute counselling session at 1800 572 000. Stay up to date with the admission process in foreign universities with Leverage Live

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