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Universities typically offer dormitories or can assist with finding private housing. Other options include renting a private apartment or a room in shared student housing. It's recommended to arrange accommodation before arriving in Italy.
The candidate applying for the education loan must be a resident of India. He/she must have confirmed admission to recognized educational institutes in India. The candidate's age must fall within the bracket of 18 to 35 years during loan application. He/she must undergo a graduate/postgraduate degree or a PG diploma. The applicant should have secured admission to a college or university affiliated with University Grants Commission (UGC)/All India Council for Technical Education (AICTE)/Govt. etc. Students pursuing full-time courses need a co-applicant who can be either a parent/guardian or spouse/parent-in-law (in the case of married candidates). The co-applicant must have a regular income source. A strong academic record facilitates speedy loan approval.
Depending on your financial behaviour, an educational loan could improve your credit score. If you pay your EMIs in a timely manner, it could boost your credit rating. But, late payments or defaulting on your loan will negatively impact your score. If you're struggling financially, please talk to your lender and work towards a solution that keeps you, your finances and your credit score intact.
Yes, Auxilo offers loans that can aid coaching institutes to broaden their presence by opening new branches and hence allow more students to gain access to their education.
Auxilo offers a diverse range of collateral options for securing your loan, providing both flexibility and convenience. Collaterals can include the institution's land and buildings, residential buildings, open plots, commercial spaces, and more, catering to your unique requirements.
Auxilo provides financial support to educational institutions for infrastructure development, technology upgrades, campus expansion, facility improvements, and other operational aspects to ensure smooth operational and functional processes.
Educational Institution Loans range from a minimum of 3 years upto a maximum of 8 years.
Absolutely! Auxilo's School & College Loans can be used to innovate your educational offerings, initiating new, high-tech academically enriching programs, and funding research projects.
A: Yes, you may require a co-applicant for your loan. The inclusion of a co-applicant provides the lender with an added layer of security and helps mitigate the risk associated with the loan. The lender will typically assess the creditworthiness and financial stability of the co-applicant as part of the loan approval process.
No, we maintain a policy of full transparency. There are no hidden charges, and all fees related to the loan can be found in our Schedule of Fees & Charges.
Executive education loans are available to working professionals interested in pursuing advanced educational opportunities such as executive MBA programs and other specialized executive education programs. Education Loan Eligibility requirements vary by lender, but applicants typically must have a minimum income, a credit score, and a good employment history.
Yes, depending on the amount of education loan that is availed, the lender may levy a processing fee.
Your credit report contains the following information: Personal Details - Here, you'll find your name, address, date of birth, employment information, and PAN. Credit History - All the details about your financial accounts, including the day you opened your account, your credit limit, account balance, and payment history are outlined here. Public Records - Any foreclosures, garnishments, legal suits, and judgments are recorded here. Inquiries - If a creditor has accessed your credit report in the past, it will get recorded in this section.
The cost of studying in Germany from India will depend on the program and institution you choose. Generally speaking, you can expect to pay anywhere from 3,000 to 9,000 per year for tuition fees. Other expenses like accommodation, food, health insurance, and other living costs will vary depending on your lifestyle and choices.
Tax benefits may be available under Section 80E of the Income Tax Act, 1961. It's best to consult a tax professional or the lender for more information.
Whether student loan refinancing is a good idea depends on the individual's specific financial situation. It can be a good option for borrowers with high-interest loans or who are struggling to make their monthly payments. However, it's important to consider the potential loss of benefits that come with federal loans before refinancing.
There are ways to spend less on studying in the UK. First, find scholarships and grants for international students. Look for student discounts from businesses. Lastly, shop around for cheaper accommodation.
You can go back to your form using the same phone number you previously used. You can continue the application from the part where you left.
Yes, Auxilo does provide upto 100% financing depending on the student profile
Yes, Auxilo offers Education Loan Re-Finance options at a competitive pricing and flexible tenures that match your requirements.

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