How Does Exchange Rate Volatility Affect Student Loans?

Impact on Loan Amount If the value of INR decreases in comparison to the currency of the host country, you end up paying more tuition fee.

Impact on Living Expenses Abroad If the INR weakens, it can impact your purchasing power in the host country. It can strain your budget.

Impact on Funding Exchange rate volatility can impact the funding students receive from their universities and host countries. They include scholarships, bursaries, etc.

Impact on Fund Transfers If you decide to transfer money from home country to host country or vice versa via wire transfer, it can impact the amount of fund transferred.

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