List of Approved Foreign Universities for Education Loan

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:

USA

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, Davis, San Diego, Los Angles, Santa Barbara, Irvine, Santa Cruz, Riverside)	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

UK

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

Australia

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

Canada

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

Germany

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

Taiwan

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

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	–

Italy

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

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	–

Netherlands

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

Japan

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

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

Spain

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

Sweden

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.

Banks

• State Bank of India (SBI)
• Punjab National Bank
• Axis Bank
• Housing Development Finance Corporation Limited (HDFC) Bank

NBFCs

• HDFC Credila
• Avanse Financial Services
• International Students Loan Program (ISLP)
• Global Student Loan Corporation (GSLC)

FAQs

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.