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  • Study in US vs. Study in UK

    Study in US vs. Study in UK

    Choosing where to study abroad can be a tough decision for students. The United States and the United Kingdom are both popular destinations for international students seeking high-quality education. In this blog, we will see options regarding Study in US vs. Study in UK to help you make informed decisions.

    Academic Programs

    The US has a diverse range of academic programs with more than 4,000 universities and colleges to choose from. It is known for its focus on interdisciplinary studies and offers a wide variety of majors and minors. The UK, on the other hand, has a more structured education system with a focus on depth rather than breadth. It offers specialized programs with a strong focus on research.

    Teaching Style

    In the US, the teaching style is generally more relaxed and informal, with emphasis on classroom discussions, group projects, and active participation. Professors are usually accessible outside of class and encourage students to develop their critical thinking and communication skills. In contrast, the UK has a more formal teaching style with a focus on lectures and independent study. Professors expect students to take responsibility for their own learning and are less likely to provide one-on-one attention.

    Academic Calendar

    The academic calendar in the US typically runs from August to May, with breaks in December and March. The UK, on the other hand, follows a trimester system with three terms starting in September, January, and April. This means that students in the UK have shorter breaks but more frequent academic assessments.

    Cost of Education

    Another important factor to consider when deciding to study in the US or study in UK is the cost of education. In the US, tuition fees can vary widely depending on the institution and location, but they are generally higher than in the UK. According to the College Board, the average cost of tuition and fees for the 2020-2021 academic year was $37,650 at private colleges and $10,560 for state residents at public colleges in the US. In contrast, UK universities charge a set tuition fee for domestic and international students, which can range from £9,250 to £38,000 per year, depending on the program and institution.

    It’s also worth noting that US universities often offer scholarships, grants, and other forms of financial aid to help students cover the cost of education. While UK universities do offer some scholarships and bursaries, they are generally less generous than those offered by US institutions.

    Culture and Lifestyle

    The US is a diverse country with a rich cultural heritage, offering students the opportunity to experience different cultures and traditions. Students can engage in extracurricular activities and sports, attend music festivals and concerts, and explore the great outdoors. The UK, on the other hand, is known for its historical landmarks, museums, and theaters. Students can also take part in social clubs, sports, and other activities.

    Admissions Process

    The admissions process for US and UK universities also differs. In the US, students must submit an application, high school transcripts, standardized test scores (such as the SAT or ACT), letters of recommendation, and essays. The application process can be quite competitive, and acceptance rates vary widely depending on the institution. In contrast, the UK admissions process is more focused on academic achievement and potential. Students typically apply directly to their chosen program or course of study, and admission is based largely on their grades and predicted exam scores.

    Conclusion

    In conclusion, to determine who wins while Study in US vs. Study in UK is a difficult task. Both the US and UK offer excellent opportunities for international students seeking high-quality education. US has a more diverse range of academic programs and a relaxed teaching style. While, the UK offers specialized programs with a strong focus on research. The choice ultimately depends on the student’s preferences and priorities, such as academic interests, cultural experiences, and financial considerations.

    Choosing where to study abroad can be a tough decision for students. To determine who wins while Study in US vs. Study in UK is a difficult task isn,t it?

  • Study abroad Loan mistakes to avoid

    Study abroad Loan mistakes to avoid

    Study abroad Loan mistakes to avoid

    Studying abroad is an exciting opportunity that can provide many benefits. However, the cost of studying abroad can be substantial, which is why many students turn to education abroad loans to finance their studies. While taking out a loan can be a smart financial decision, it’s important to avoid common mistakes that can lead to financial trouble down the line. In this blog, we’ll discuss some common study abroad loan mistakes to avoid.

    Not researching all your options:

    One of the biggest mistakes students make when applying for an education abroad loan is not doing enough research. It’s important to shop around and compare loan options to ensure you’re getting the best possible deal. Look for lenders that offer competitive interest rates, reasonable repayment terms, and flexible loan options that meet your needs.

    Borrowing more than you need

    While it can be tempting to borrow more money than you need, it’s important to be mindful of your borrowing. The more you borrow, the more you’ll have to repay later on. Before you take out a loan, create a budget and determine how much money you’ll need to cover your education expenses. Only borrow what you need, and avoid taking out extra money for non-education related expenses.

    Not understanding the terms and conditions of the loan

    Before you sign on the dotted line, make sure you understand the terms and conditions of the loan. Before signing any loan documents, it’s crucial to read and understand the terms and conditions of the loan. Pay attention to the interest rate, repayment period, and any fees associated with the loan. If you don’t understand something, don’t be afraid to ask questions or seek advice from a financial expert.

    Ignoring the impact of interest rates

    Interest rates can have a big impact on the cost of your loan. A higher interest rate means you’ll have to pay more in interest over the life of the loan. Before you take out a loan, shop around for the best interest rate. You can also consider a fixed-rate loan, which means your interest rate will stay the same over the life of the loan.

    Not having a repayment plan in place

    Before you take out a loan, it’s important to have a repayment plan in place. This means figuring out how you’ll make your monthly payments and how you’ll budget for those payments. You should also consider the length of the repayment period and how it will impact your finances over time.

    Not Considering Alternative Funding Sources

    While loans can be a good option for funding your education, they’re not the only option. Before you take out a loan, explore alternative funding sources such as scholarships, grants, and work-study programs. These options may be able to help you cover your education expenses without taking on debt.

    Failing to Build Credit

    If you’re a student with limited or no credit history, it can be challenging to qualify for a loan or get favorable loan terms. To improve your chances of being approved for a loan and getting better terms, consider building your credit by opening a credit card, paying bills on time, and keeping your credit utilization low.

    Not Starting the Loan Application Process Early Enough

    Finally, one of the most significant Study abroad loan mistakes to avoid is waiting too long to start the process. It’s essential to start researching loan options and gathering the necessary documentation as early as possible to ensure you have enough time to secure funding before your program starts.

    In conclusion, taking out an education abroad loan can be a smart financial decision, but it’s important to avoid common mistakes that can lead to financial trouble down the line. By researching your options, understanding the terms and conditions of the loan, and having a repayment plan in place, you can set yourself up for success and avoid any unnecessary financial stress. Connect with our counselor and get your loan process sorted.

  • Best Courses to study abroad after CS

    Best Courses to study abroad after CS

    Best Courses to study abroad after CS

    The field of computer science is dynamic and rapidly evolving. Students who have completed a Bachelor’s degree in CS may be interested in studying abroad to further develop their skills & gain a global perspective on the field. It opens up a world of opportunities for you, but the next question is, what’s next? If you’re looking to take your education and experience to the next level, then studying abroad is an excellent option. The world is your oyster, and there are countless options for further education in variety of countries. In this blog, we’ll take a look at some of the best courses to study abroad after Bachelors degree in CS.

    Computer Networks:

    This field that deals with the design and implementation of computer systems that can communicate with each other. Studying Computer Networks abroad will provide you with the opportunity to learn about different networking technologies as well. These include various technologies like TCP/IP, LAN, WAN, and VPN.

    Software Engineering:

    Software Engineering is the process of designing, creating, as well as testing software applications. Studying Software Engineering abroad will provide you with the opportunity to learn about different software development methodologies, such as Agile and Waterfall

    Masters in Human-Computer Interaction:

    Human-computer interaction (HCI) is an area of computer science that focuses on the design of user interfaces. Along with this, the interaction between humans and computers is what you study. A Master’s degree in HCI will provide you with the skills & knowledge needed to design user-friendly interfaces that are intuitive and easy to use.

    Mobile App Development:

    Mobile app development is a rapidly growing field. Studying abroad in this field will give you access to the latest trends and technology. You’ll learn how to design and develop mobile apps that are user-friendly and meet the needs of today’s mobile users. Some of the best universities for mobile app development includes The University of California, Berkeley in the United States, the University of Waterloo in Canada, and the University of Edinburgh in the United Kingdom.

    Computer Graphics and Gaming:

    This is one of the Best Courses to Study abroad after CS. If you’re interested in game design, then a course in computer graphics and gaming is the way to go. Studying abroad in this field will give you the opportunity to work with top-notch game designers and developers. You will also gain access to the latest technology and equipments.

    Artificial Intelligence and Machine Learning:

    Artificial intelligence (AI) and machine learning (ML) are the two most popular and rapidly growing fields in computer science. The demand for experts in these fields is high, and studying abroad can give you a competitive edge in the job market. 

    Cybersecurity:

    With the increasing number of cyber-attacks, cybersecurity is an important field to study. A course in cybersecurity will equip you with the skills as well as knowledge required to protect computer systems and networks from cyber threats. 

    Data Science and Big Data Analytics:

    Data science and big data analytics are two of the most popular fields in computer science. Studying abroad in these fields will give you access to state-of-the-art technology and equipment, as well as exposure to international business practices. 

    In conclusion, there are many courses that students can consider studying abroad after completing their Bachelor’s degree in computer science. Whether they are interested in specializing in a particular area of computer science, or in gaining a broader perspective on the field, studying abroad can provide them with opportunities for personal and professional growth, exposure to new cultures and perspectives, and networking with experts in the field.

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  • Courses to do while waiting for your Offer letter 

    Courses to do while waiting for your Offer letter 

    Courses to do while waiting for your Offer letter 

    Courses to do during Offer letter waiting period can be an excellent way to utilize your time productively. While the anticipation of starting a new job can be overwhelming, this waiting period presents a unique opportunity to enhance your skills, boost your confidence, and prepare for the challenges ahead. Here’s a guide on how to make the most of this time.

    5 Courses to do while waiting for your Offer letter in 2024

    1. Online Certifications in Your Field

    One of the best Courses to do during Offer letter waiting period is an online certification that aligns with your field of work. For example, if you’re in IT, consider certifications in cloud computing, cybersecurity, or data science. These certifications not only enhance your resume but also provide you with practical knowledge that can give you a head start in your new role.

    2. Soft Skills Development

    Technical skills are important, but soft skills are equally critical in the workplace. Courses on communication, leadership, time management, and teamwork can be incredibly beneficial. These skills are often the difference between a good employee and a great one.

    3. Learn a New Language

    In today’s globalized world, being multilingual is a huge asset. Learning a new language can open up more opportunities and make you more valuable to your future employer. Whether it’s a language relevant to your industry or a widely spoken one like Spanish, Mandarin, or French, this is time well spent.

    4. Technical Skills Courses

    Even if your role isn’t purely technical, having a basic understanding of technology is invaluable. Consider courses in coding, digital marketing, or even graphic design. These skills can make you more versatile and adaptable in the ever-evolving job market.

    5. Financial Management and Investment Courses

    Understanding financial management is a key skill, not just professionally but personally as well. Courses in investment, budgeting, or even cryptocurrency can help you manage your finances better and prepare for future financial decisions.

    Conclusion

    Taking up courses to do while waiting for your offer letter can significantly impact your career trajectory. It’s a proactive way to make the most of your time and ensure you’re ready to hit the ground running when you start your new job. Choose courses that align with your career goals and personal interests, and you’ll enter your new role with greater confidence and a stronger skill set.

     

    We bestow a hassle-free experience for aspirants struggling to pursue higher education at their dream universities abroad.

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  • courses to study after B.Tech in 2024

    courses to study after B.Tech in 2024

    Top Courses to Study Abroad after B.Tech (Bachelors in Technology)

    Courses to Study Abroad after B.Tech (Bachelors in Technology). Studying abroad after completing a B.Tech degree is an excellent way to gain new perspectives. It will help you learn new skills, and boost your career prospects. With the increasing demand for skilled professionals, studying abroad can also open up new opportunities for graduates to work in different parts of the world. In this blog, we will explore some of the top courses to study abroad after B.Tech

    Top 5 Courses to Study Abroad after B.Tech in 2024

    Master in Data Science

    Data Science is a fast-growing field that combines statistics, computer science, and business. As a BTech graduate, you already have a strong foundation in the technical aspects of data science. AMS in Data Science will give you the knowledge you need to excel in this field. The course covers a wide range of topics, including algorithms, data structures, computer systems, and software engineering.

    Master in Artificial Intelligence (AI)

    AI is becoming more and more prevalent in our world today. As a BTech graduate, you have the technical background to excel in an AI program. It will also provide you with the skills you need to work on complex AI projects, such as natural language processing, computer vision, and machine learning.

    Master of Science (MS) in Civil Engineering

    MS in Civil Engineering is a great option for BTech graduates in Civil Engineering or related fields. It will enable you to gain a deeper understanding of civil engineering concepts & technologies, such as structural analysis, soil mechanics, and water resource management. This course is perfect for students who are interested in designing and planning of infrastructure. Also, public works like roads, bridges, buildings and water supply systems.

    Master’s in Mechanical Engineering

    Another popular choice for BTech graduates is a Master’s in Mechanical Engineering. This course covers advanced topics such as thermal and fluid dynamics, mechanics of materials, and design of mechanical systems. Additionally, students have the opportunity to specialize in a specific area of mechanical engineering, such as robotics, biomechanics, or renewable energy.

    Master of Science in Electrical Engineering

    This course is perfect for BTech graduates in Electrical Engineering. The course covers advanced topics such as control systems, digital signal processing, and power systems. Additionally, students have the opportunity to specialize in a specific area of electrical engineering, such as communications, computer engineering, or power electronics.

    In conclusion, there are many different courses available for students who have completed a BTech degree and want to study abroad. Whether you are interested in computer science, business, electrical engineering, mechanical engineering, Artificial Intelligence, or environmental engineering, there is a course out there that will suit your interests and career goals. It’s important to research your options and find the course that is the best fit for you.

    We hope this blog post has helped you understand the top courses available for BTech graduates to study abroad. Remember, studying abroad is an excellent opportunity to expand your horizons. It will help you gain new experiences, so be sure to take advantage of it!

    Why Choose Weconnect Overseas?

    As a premier education consultancy in Mumbai, Weconnect Overseas is dedicated to helping students fulfill their dreams of studying abroad. Leveraging years of experience and a robust network of partner institutions globally, we have successfully guided numerous students in achieving their academic goals. Our team of expert counselors offers personalized advice and support, ensuring that you secure the best scholarship opportunities tailored to your specific needs.

    Scholarships Available

    • A.S. Hornby Trust Scholarship
    • Scotland’s Saltire Scholarships
    • Commonwealth Scholarship and Fellowship Plan
    • British Council scholarships for women in STEM
    • Global Wales Scholarships for International Students
    • Chevening Fellowships
    • GREAT Scholarships
    Get Started

    Top Universities to Study

    • University of Oxford
    • University of Cambridge
    • Imperial College London
    • University College London (UCL)
    • London School of Economics and Political Science
    • University of Edinburgh
    • University of Manchester
    • University of Bristol
    • University of Warwick
    Get Started

    In Demand Courses

    • Civil Engineering & Architecture
    • Masters in Law
    • Biological Science
    • Computer Science
    • Psychology
    • Medicinal Science
    • Masters in Education Management
    • Business and Administrative Services
    Get Started

    We bestow a hassle-free experience for aspirants struggling to pursue higher education at their dream universities abroad.

    Quick Links

    Study Abroad

    Lets Connect!

    Connect with us and get a free One on One Counseling session to plan your studies abroad!

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  • What it means like Studying in tier 2 Universities

    What it means like Studying in tier 2 Universities

    What it means like Studying in tier 2 Universities

    The idea that only top universities can help you create a successful career is a common belief, but is it really true? While attending a prestigious university can certainly open doors & provide valuable opportunities. However, it is not the only factor that determines career success. Benefits of studying from tier 2 Universities is something you shouldn’t underestimate!

    Attending a top university can certainly provide access to a wealth of resources. Networking opportunities, internships, & mentoring, will be beneficial in launching a successful career. Additionally, having a degree from a prestigious university on your resume can open doors & make you a more attractive candidate to potential employers. However, it’s important to remember that these resources & opportunities are also available at other universities. It can be obtained through hard work, determination, and a willingness to network and seek out opportunities.

    Studying in Tier 2 Universities might seem like,
    Unique perspective: 

    While top-tier universities may receive a large number of international students, There are numerous application received by Tier 2 Universities as well and it can also make you stand out to potential employers. This is because employers are always looking for candidates with a diverse background and unique experiences. It shows that you are a self-starter and have the initiative to seek out opportunities and create new experiences.

    Affordable: 

    Tier 2 universities may have lower tuition fees as compared to most renowned universities but you can’t escape the cost of accommodation and other living expenses. Your studying abroad journey becomes more affordable when you opt for such Universities.

    Strong sense of community:

    Tier 2 universities often have a strong sense of community, where students can form close relationships with their peers and professors. It will help you broaden your perspective as well as develop new skills. It will help you provide you with more individualised attention & opportunities to engage with their professors.

    Access to research opportunities and resources:

    Tier 2 universities may offer students the opportunity to participate in research projects. This can be beneficial for students pursuing graduate studies or research-oriented careers. Even though they may not have the same level of resources as top-tier universities, Tier 2 universities abroad may still have access to academic and career resources that can assist students in achieving their goals.

    Cultural immersion:

    Attending a tier 2 university abroad can provide a more authentic cultural immersion experience, as students will be more likely to interact with local students. You will have opportunities to engage with the local community. It will help you develop a sense of moral responsibility towards the locality & gain deep insights regarding the Culture and lifestyle habits of the Country. 

    Networking opportunities:

    Studying at a tier 2 university abroad can provide students with the opportunity to establish a professional network. It can be valuable for their future career.

    In conclusion, many successful people in various fields have not attended top universities or have not completed a degree. Especially in today’s world, where the internet & technology has made it possible for anyone to access information and build skills from anywhere. You must consider the benefits of studying in Tier 2 universities as well. Because, having a degree from a top university is not a mandatory requirement for success. There are many examples of successful entrepreneurs, artists, and leaders who have achieved great success without attending a prestigious university.

  • Scholarships available to Study abroad

    Scholarships available to Study abroad

    Scholarships available to Study abroad

    Studying abroad is a once-in-a-lifetime opportunity to immerse yourself in a new culture, learn a new language, as well as gain a global perspective on the world. However, the cost of studying abroad can be a significant barrier for many students. Fortunately, there are a variety of scholarships available to study abroad and help you offset the expenses. Here are a few recently launched scholarships for students looking to study abroad in 2023: 

    The Benjamin A. Gilman International Scholarship: 

    This scholarship is open to U.S. undergraduate students who are receiving Federal Pell Grant funding and wish to study abroad. The scholarship provides up to $5,000 to help cover the cost of tuition, room and board, as well as other expenses.

    The Critical Language Scholarship Program:

    This scholarship is open to undergraduate and graduate students. If you are planning to study critical need languages abroad, including Arabic, Chinese, Korean, Russian, and many others this is a perfect fit for you. The scholarship provides funding for a fully-funded, eight to ten-week summer language program.

    The Freeman-ASIA Award:

    This scholarship is open to undergraduate students from underrepresented group planning to study abroad in East or Southeast Asia. The scholarship provides up to $3,000 towards the cost of studying abroad.

    The Erasmus+:

    This scholarship is open to students, trainees, teachers and youth workers who want to study, work, volunteer, teach or train in Europe. It’s one of the most popular scholarship programs in Europe and covers the cost of accommodation, travel and other expenses.

    The Commonwealth Scholarship and Fellowship Plan (CSFP):

    This scholarship is open to students from Commonwealth countries looking to study in other Commonwealth countries. It provides funding for tuition fees, a maintenance allowance, as well as airfare to and from the Country. It also provides additional benefits such as pre-departure briefing and help with settling in the Country Covered within the Commonwealth Countries.

    The Government of Ireland International Education Scholarships:

    The scholarships are available to students from non-EU countries who wish to pursue full-time undergraduate or postgraduate studies in Ireland. The scholarship covers tuition fees and provides a stipend to cover living expenses. Also, the award amount varies depending on the duration of the program and the level of study.

    Remember that the most important thing is to do your research and apply for scholarships that align with your interests and goals. Many scholarships have specific criteria and are only available to students in certain fields of study or from certain countries, so be sure to read the application guidelines carefully.

    Good luck on your journey to study abroad, and don’t hesitate to reach out if you have any further questions!

  • Important Documents for Your Next University Application

    Important Documents for Your Next University Application

    Important Documents for Your Next University Application

    Whether you wish to study in the USA, UK, Ireland or anyplace else in the world, there are many similarities among the admission requirements for a Master’s degree obtained abroad.  Are you unsure about which documents are required and which are not? Here is a comprehensive manual. Don’t forget to take help from knowledgeable individuals to list out and prepare the documentation. These documents will determine your professional future, therefore do not get advice from unreliable sources. Additionally, the needed financial paperwork must be accurate and are of the utmost importance. Below is the list of important documents to study abroad in 2023-2024!

    Passport: 

    The most significant document needed to study abroad is this one. Please apply for one far in advance if you don’t already have one. Before you schedule your admission examinations, have it ready. Additionally, you need to keep extra copies of the passport’s first and last pages on hand. Ensure that your passport is still valid for at least six months after the date you want to return.

    Entrance Exam Score:

    Students must pass the necessary entrance exams in order to be accepted into a university. Make sure to check for the program you’re applying for and have your score ready before submitting an application to the universities of your choice.

    English proficiency scores: 

    English language proficiency test results are necessary for the students from non-native English-speaking nations. You must submit the scores from the GRE, GMAT, SAT, TOEFL, and IELTS electronically to colleges via the ETS website. In addition, one can save a few copies of the scores for storage.

    Letter of Recommendation (LOR):

    Make sure you ask the appropriate person for LOR. He or she should be someone you can count on to do a great job for you. Look up advice on how to write LORs and examples of LORs, then provide those to the individual doing your recommendation letter. You’ll fall down the ladder with a depressing recommendation letter.

    Essays and a Statement of Purpose:

    Statement of Purpose is an essential part of the application when applying to study abroad. Remember to check these papers for errors during editing and proofreading. Make sure you do the standard formatting necessary for your documents & meet the requirements of the university. Don’t exaggerate your experience or accomplishments, and most importantly be honest in your arguments.

    Necessary Transcripts:

    Applying for admission to universities abroad is frequently a difficult, expensive, and time-consuming procedure. The student must submit transcripts from every previous school they attended. All the official transcripts or marksheets  for every college and university where you earned a bachelor’s degree or higher (Semester 1 – Semester 8). Also, include sll your secondary and higher-secondary transcripts as well.

    Financial documents: 

    These could be a scholarship letter, sponsorship letter, student loan statement (which serves as a proof of money and statement of liabilities), etc. You can also be asked to present evidence of your own or your family’s income.

    Work Experience Documents: 

    Employment Certificates from all Prior Employers; Most Recent Joining Letter; Most Recent Salary Slip. Also, don’t forget to include your Resume/CV. It will help you clearly as well as precisely portray your Professional life.

    Get your University Application ready! Before you go, make sure that you have all the important documents to study abroad sorted. Lacking any of these will likely result into rejection of your application. Stay ahead of the game by following our guide on document requirements for international students.

    Apply for your Study Abroad process Today!
  • How to deal with Offer Letter Waiting Period

    How to deal with Offer Letter Waiting Period

    How to deal with Offer Letter Waiting Period

    Waiting for an offer letter from a university can be a stressful as well as anxiety-provoking experience, especially for those aspiring to study abroad. The waiting period can seem interminable and it can be hard to know what to do in the meantime. Let’s see how to deal with offer letter waiting period as an abroad study aspirant!

    Keep an open mind:

    It’s natural to have your heart set on a particular university or program, but be open to other options as well. You never know what opportunities may come your way, it’s better to have a backup plan in case your first choice falls through.

    Stay organized:

    Make a list of the universities you’ve applied to, the programs you’re interested in, and the deadlines for each. This will help you keep track of your applications & stay on top of any follow-up materials or requirements that may be needed.

    Stay in touch with the admissions office:

    If you have not received an offer letter by the expected date, it is okay to reach out to the university to inquire about the status of your application. They may be able to provide you with more information. Also, they will let you know if there are any issues that need to be addressed. Be polite as well as respectful in your communication, as the admissions office is likely receiving a high volume of inquiries.

    Keep your options open:

    If you do receive an offer from a university, but it’s not your top choice, it’s okay to take some time to think about it. Don’t feel pressure to accept the offer immediately. Weigh the pros and cons & consider whether the program aligns with your goals and interests.

    Seek support:

    Don’t hesitate to reach out to friends, family, or a counselor for support during this time. It can be helpful to talk through your feelings and concerns with someone who is understanding as well as supportive.

    Learn a new skill:

    While you wait for the offer letter, learn a new skill that aligns with your goals and career path. Make sure you get hands-on experience with the practical aspects. 

    Overall, the waiting period for an offer letter can be a challenging time isn’t it. Dont forget to use the above mentioned tips to deal with offer letter waiting period. But above all, it is important to try and stay positive and focus on the things you can control. With a little bit of patience & self-care, you will be able to get through this period. Try to move on to the next phase of your journey. And most importantly, be in touch with your consultants as well as your seniors studying abroad. They will help you get a realistic approach and provide you tips to improve yourself during this crucial time.

     

  • Education loan-The angel of the future

    Education loan-The angel of the future

    Education loan-The angel of the future

    You need to consider more than simply your tuition costs when you choose to study abroad. You must establish your financial capacity to cover the cost of your study abroad before you can even be admitted. There is now a way for people who desire to pursue higher education abroad but are having trouble finding the money to do so to do so. We will go through every aspect of student loans for international studies in this article. whether it be the eligibility requirements, the loan application process, or the paperwork needed.

    Process to apply for a loan

    • Step 1: Check your loan eligibility
    • Step 2: Seek professional loan counselling to weigh your options.
    • Step 3: Choose a lender and at the same time, submit an online application.
    • Step 5: Submit the necessary documentation for your student loans 
    • Step 6: Get the property as well as other legal evaluations completed  (in secured loans).
    • Step 7: After the lender approves your application for an education loan, obtain the loan sanction letter.

    Students may qualify for student loans totaling up to INR 1.5 crore in secured education loans. Students may apply for study loans up to INR 45 lakhs in overseas education loans without collateral. Depending on the profile, nation, course, and other factors of the applicant and co-applicant, this loan amount limit may rise or fall.

    Important Documents to consider for loan application: 

    If the Applicant is Student following documents are necessary:

    • Pan card & Passport & Aadhar card copy.
    • Latest Electricity bill (Not required if student is residing with parents)
    • Educational mark sheets from SSC up till date.( Semester vise Or Transcripts)
    • University Offer Letter or Admission letter.
    • Entrance exam score card.( GRE, TOEFL, IELTS, PTE Etc.)
    • Work Experience proof ( if Applicable)

    For Students, the Co-Applicants may include Father, Mother. Following documents are required of the co-applicant

    • Pan card & Aadhar card copy. (Passport If Available)
    • Latest Electricity bill for Address proof. If the current address is rented, then Rent agreement for current address proof and electricity bill or sale agreement for ownership proof.
    • Contact number & Email id.

    Talking about the various Income Documents if the Co-applicant is Salaried you must consider the following things:

    • Employee ID card – If Available
    • Latest 3-month Salary slip
    • Latest 6-month Salary account statement with Bank Details
    • Latest 1-Year Complete Form 16 
    • Office Address
    • Other income Doc – If Applicable

    When the Co-applicant is Self-Employed following Income Documents are necessary

    • Business Proof
    • Latest 2-Year CA attested Complete ITR (Statement of Income, Profit and Loss, Balance sheet, Capital account, Form 26A, Audit report – If applicable )
    • Latest 6 month Saving and Current statement with bank Details
    • Make sure you Share Any two references with their contact number & address to fill the application form. 

    When it comes to applying for Secured loan you must consider the following Property Documents

    • Registered Complete Sale Agreement Copy
    • Chain of Agreement if Applicable
    • Share Certificate
    • Occupancy Certificate / Completion Certificate / Approved Building Plan
    • Society Registration Certificate
    • Municipal Tax Receipt, Electricity Bill or Fixed Deposits Receipt
    Conclusion

    Many people view loans as terrible debt. This phrase implies that you are taking out a loan for something whose value will eventually decline. Since it is an investment in the student, an education loan differs from other types of loans. You will eventually receive more returns which would not only be restricted with the monetary gains but far apart from that! Don’t worry team WeConnect is available to assist you in streamlining the loan application process. Get in touch with us right away to begin your study abroad trip.

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