The WorldGrad Providing Student Loan For Hybrid Study Abroad Programmes

Article Featured On: BW Education

The WorldGrad, India’s platform for hybrid overseas programmes has partnered with GyanDhan, India’s education financing marketplace to facilitate student loans to finance overseas and in-country study components. This partnership is a step towards the provision of easy student loans which will allow students to start an overseas degree at EMIs as low as Rs 30,000.

WorldGrad offers hybrid study abroad programmes that allow students to do up to year 1 of their overseas degree in India and then progress on-campus overseas to complete the degree with a global 500 institution. The partnership has facilitated student loans with features like interest rates between 3-5 per cent, no collateral, loan approval within 2 hours upon document completion accompanied with easy disbursement within 6 business hours of application. The highlight of the loans is the ease of application as only the general identification documents like Aadhar card etc. are required to proceed with the application procedure. Interested students can get assessed for the overseas study loan at the same time.

The loan will be granted for both Bachelor’s and Master’s programmes and will be granted under various categories as per different courses. One of the most popular categories is the ‘All American PG’ programme, where students can do their first semester of a US Master’s program with The WorldGrad and complete the rest of the degree in the US. Loans for this program are available to students at 3 per cent interest rate resulting in EMIs of approximately Rs 30,000. The firm offers similar 1 term programmes for Australia and the UK for which EMIs range between Rs 50,000-60,000. Additional loans can be issued to students for the overseas component of their degree.

Author: Deepak Shukla