Power your education abroad with
AdmitAbroad’s financial assistance
Once students receive offers from universities, they must prove that they have the means to finance their education and living cost to get an official acceptance letter (called I20 for American Universities).
Students need to have the acceptance letter to apply for the Visa. AdmitAbroad assists students to arrange their finances in three steps:
AdmitAbroad counselors meet with students and their parents to make a financing plan. This plan is made on the basis of the cost of education and the amount of liquid assets the student can use for self-financing. We also explain the right way in which to show proof of funds to universities. If students cannot finance the complete cost of education on their own, we identify the right mode of funding (loans, scholarships etc.) based on the funding gap and students’ profile.
Once the appropriate mode of funding is identified, we connect students with one of our financing partners. Our partners provide students loans on favorable terms i.e. flexible payback periods, low interest rates etc.
After identifying the financial partner to work with, AdmitAbroad helps students with the entire documentation for loan applications. The application documents are drafted jointly by students and their AdmitAbroad counselor. Additionally, we also help students identify scholarships to apply to and help them with scholarship applications.