{"id":14169,"date":"2025-08-05T17:17:59","date_gmt":"2025-08-05T11:47:59","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=14169"},"modified":"2025-08-05T17:52:36","modified_gmt":"2025-08-05T12:22:36","slug":"education-loan-for-masters-in-the-uk","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/","title":{"rendered":"Education Loan for Masters in the UK: Loan Providers, Interest Rates"},"content":{"rendered":"\n<p>Many aspiring students opt for an education loan for master&#8217;s in the UK. Indian banks and NBFCs provide financial assistance to help them cover tuition fees and living costs in the country. They can get funding to cover 100% of their costs abroad by availing of secured education loans at attractive interest rates with banks like SBI, ICICI, HDFC, Axis, and others.<\/p>\n\n\n\n<p>The education loans for master&#8217;s in the UK come with flexible repayment options. This way, students can easily focus on their academics without worrying about finances. If you are also planning to take postgraduate loans in the UK, continue reading further.<\/p>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2 id=\"table-of-contents\">Table of contents<\/h2><ul><li><a href=\"#h-overview-of-education-loan-for-masters-in-the-uk\" data-level=\"2\">Overview of Education Loan for Masters in the UK<\/a><\/li><li><a href=\"#h-banks-offering-education-loans-for-masters-in-the-uk\" data-level=\"2\">Banks Offering Education Loans for Masters in the UK<\/a><ul><li><a href=\"#h-state-bank-of-india\" data-level=\"3\">State Bank of India<\/a><\/li><li><a href=\"#h-bank-of-baroda\" data-level=\"3\">Bank of Baroda<\/a><\/li><li><a href=\"#h-icici-bank\" data-level=\"3\">ICICI Bank<\/a><\/li><li><a href=\"#h-axis-bank\" data-level=\"3\">Axis Bank<\/a><\/li><li><a href=\"#h-hdfc-bank\" data-level=\"3\">HDFC Bank<\/a><\/li><li><a href=\"#h-central-bank-of-india\" data-level=\"3\">Central Bank of India<\/a><\/li><li><a href=\"#h-bank-of-india\" data-level=\"3\">Bank of India<\/a><\/li><\/ul><\/li><li><a href=\"#h-education-loan-for-master-s-in-the-uk-by-nbfcs\" data-level=\"2\">Education Loan for Master&#8217;s in the UK by NBFCs<\/a><\/li><li><a href=\"#h-faqs\" data-level=\"2\">FAQs<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-overview-of-education-loan-for-masters-in-the-uk\"><span id=\"overview-of-education-loan-for-masters-in-the-uk\">Overview of Education Loan for Masters in the UK<\/span><\/h2>\n\n\n\n<p>Considering the cost of studying in the UK, students choose to take education loans for postgraduate funding. The loan amount ensures an easy stay by covering tuition fees, accommodation expenses, and related study-abroad expenses.<\/p>\n\n\n\n<p>You can showcase a well-structured financial plan that lets you successfully secure admission to the university. The assistance provided by the banks and other financial institutions also lets you obtain your visa by showing the <a href=\"https:\/\/fly.finance\/blog\/student-budget\/minimum-bank-balance-for-uk-visa\/\"><strong>minimum bank balance for a UK student visa<\/strong><\/a>.<\/p>\n\n\n\n<p>To ascertain how much education loan for a master&#8217;s in the UK is required, you must begin your research by finalising the university you plan to study in. Other factors like course specialisation and loan providers also determine the loan amount needed.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Typically, the average tuition fee for master&#8217;s in the UK ranges between GBP 20,000 to GBP 40,000 per year (INR 21.54 lakhs to 43.09 lakhs).<\/li>\n\n\n\n<li>Accommodation costs for international students in the UK in 2024 cost somewhere between GBP 12,000 to GBP 15,000 per year (INR 12.92 lakhs to 16.16 lakhs).<\/li>\n<\/ul>\n\n\n\n<p>Thus, the amount of education loan for masters in the UK should be enough to cover your 2-year program tuition fees and living expenses.<\/p>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Know all about <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/llb-education-loan-to-study-abroad\/\"><strong>LLB education loans<\/strong><\/a><strong> to study abroad and the best public banks, private banks, and NBFCs providing education loans for LLB students.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-banks-offering-education-loans-for-masters-in-the-uk\"><span id=\"banks-offering-education-loans-for-masters-in-the-uk\">Banks Offering Education Loans for Masters in the UK<\/span><\/h2>\n\n\n\n<p>The UK is a popular destination for study-abroad aspirants, so almost all Indian banks provide education loans for a master&#8217;s in the UK. Popular choices are the State Bank of India, ICICI Bank, Axis Bank, ICICI Bank, Bank of Baroda, and Central Bank of India. They provide higher loan amounts and easy repayment options.<\/p>\n\n\n\n<p>However, you must have a good academic record and successfully secure admission to a recognised university to secure an education loan for a master&#8217;s in the UK. You might also be required to provide collateral for larger loan amounts. Check out the features of various banks and <a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-interest-rates-of-different-banks-and-nbfcs\/\"><strong>compare the education loan interest rates of various banks and NBFCs<\/strong><\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-state-bank-of-india\"><span id=\"state-bank-of-india\">State Bank of India<\/span><\/h3>\n\n\n\n<p>SBI education loan for master&#8217;s in the UK is provided under the <a href=\"https:\/\/fly.finance\/blog\/education-loan\/sbi-global-ed-vantage-education-loan\/\"><strong>SBI Global Ed-vantage loan scheme<\/strong><\/a>. Loans of up to INR 1.5 crores are offered at interest rates starting from 11.15% p.a. Their online application process ensures quicker loan approvals.<\/p>\n\n\n\n<p>Specialisation in any master&#8217;s course in the UK will be covered under this loan. You must submit a copy of your passport, university admission proof, academic transcripts, and financial documents to avail of this loan. Visit their official website to apply for an SBI education loan for a master&#8217;s in the UK.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-bank-of-baroda\"><span id=\"bank-of-baroda\">Bank of Baroda<\/span><\/h3>\n\n\n\n<p>Another of the best banks in the UK that provides education loans for master&#8217;s is the Bank of Baroda, which is under its Baroda Scholar scheme. You can take loans up to INR 1 crore at interest rates starting from 10.20% p.a. There are no documentation charges on <a href=\"https:\/\/fly.finance\/blog\/education-loan\/bank-of-baroda-education-loan\/\"><strong>BoB education loans to study abroad<\/strong><\/a>, however, a processing fee of INR 10,000 is charged to process the application form.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-icici-bank\"><span id=\"icici-bank\">ICICI Bank<\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/fly.finance\/blog\/education-loan\/icici-bank-education-loan\/\"><strong>ICICI Bank education loans<\/strong><\/a> are offered up to INR 2 crore for a master&#8217;s in the UK. Their interest rates are based on the repo rate. For loans above INR 4 lakhs, the applicable ROI is 14.60% p.a. for males and 14.10% for females. You can easily apply by visiting their nearest branch or online via their official website and Vidya Laksmi Portal.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-axis-bank\"><span id=\"axis-bank\">Axis Bank<\/span><\/h3>\n\n\n\n<p>Education loans with no upper limit are offered by Axis Bank for Master&#8217;s in the UK. This means they provide 100% financial assistance based on your needs and requirements. The interest rates start from 13.70% p.a. <a href=\"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan-processing-time\/\"><strong>Axis Bank education loan processing<\/strong> <strong>time<\/strong><\/a> is between 10-15 days. Once your application is approved, the amount is disbursed to your university within 24-48 hours.<\/p>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Check out our blog on one of the most flexible alternatives to finance your study abroad dreams- <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/gold-loan-for-education\/\"><strong>gold loan for education<\/strong><\/a><strong>: benefits, criteria, documents &amp; process.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-hdfc-bank\"><span id=\"hdfc-bank\">HDFC Bank<\/span><\/h3>\n\n\n\n<p>HDFC Bank also offers education loans for Master&#8217;s in the UK. With no upper limit, loans are provided at interest rates starting from 12.50% p.a. You can also avail of unsecured loans up to INR 45 lakhs. Applying for an <a href=\"https:\/\/fly.finance\/blog\/education-loan\/hdfc-bank-education-loan\/\"><strong>HDFC bank education loan to study abroad<\/strong><\/a> is easy via the bank\u2019s official website.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-central-bank-of-india\"><span id=\"central-bank-of-india\">Central Bank of India<\/span><\/h3>\n\n\n\n<p>Central Bank of India provides education loans for masters in the UK under its <a href=\"https:\/\/fly.finance\/blog\/education-loan\/cent-vidyarthi-loan-scheme\/\"><strong>Cent Vidyarthi loan scheme<\/strong><\/a>. Loans of up to INR 2 crores can be easily availed by aspiring students with collateral security. The interest rates on these loans start from 8.10% p.a. Easy application process, faster approvals, and hassle-free disbursement make it a preferred option among many students.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-bank-of-india\"><span id=\"bank-of-india\">Bank of India<\/span><\/h3>\n\n\n\n<p>Under its Star Education Loan scheme, the Bank of India offers education loans for masters in the UK. You can avail up to INR 1.5 crores of funds from the bank at interest rates 9.25% p.a onwards. There are no documentation and processing charges. <a href=\"https:\/\/fly.finance\/blog\/education-loan\/bank-of-india-sud-life-new-sampoorna-loan-suraksha\/\"><strong>Bank of India SUD Life New Sampoorna Loan Suraksha<\/strong><\/a><strong> <\/strong>is also offered to all students as a part of loan insurance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-education-loan-for-master-s-in-the-uk-by-nbfcs\"><span id=\"education-loan-for-masters-in-the-uk-by-nbfcs\">Education Loan for Master&#8217;s in the UK by NBFCs<\/span><\/h2>\n\n\n\n<p>NBFCs are emerging as preferred options for education loans abroad. Compared to many <a href=\"https:\/\/fly.finance\/blog\/education-loan\/public-sector-banks-education-loans\/\"><strong>public-sector bank education loans<\/strong><\/a>, they offer a higher loan amount at competitive interest rates. Besides, they offer varied options for education loans for a master&#8217;s in the UK. Their streamlined processes lead to quicker loan approvals and disbursements.<\/p>\n\n\n\n<p>Most of them offer higher amounts of unsecured education loans compared to traditional banks. Some of the prominent NBFCs providing education loans for studies in the UK include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Auxilo Finance<\/li>\n\n\n\n<li>Incred Finance<\/li>\n\n\n\n<li>Avanse Financial Services<\/li>\n\n\n\n<li>Mpower Finance<\/li>\n\n\n\n<li>Credila<\/li>\n\n\n\n<li>Prodigy Finance, etc.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>List of NBFCs<\/strong><\/td><td><strong>Maximum Loan Amount<\/strong><\/td><td><strong>Interest Rates<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/prodigy-finance-education-loan\/\"><strong>Prodigy Finance<\/strong><\/a><\/td><td>Covers 100% cost of studies abroad<\/td><td>Starting from 11.00% to 13.00% p.a<\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/avanse-education-loan-to-study-abroad\/\"><strong>Avanse<\/strong><\/a><\/td><td>Secured- No maximum limit<br>Unsecured- Up to INR 75 lakhs<\/td><td>11.00% to 14.50% p.a<\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/incred-education-loans-to-study-abroad\/\"><strong>InCred Finance<\/strong><\/a><\/td><td>Secured- Need-based<br>Unsecured- Up to INR 60 lakhs<\/td><td>Starting from 11.75% to 13.75% p.a<\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/auxilo-education-loan\/\"><strong>Auxilo<\/strong><\/a><\/td><td>Secured- 100% financing<br>Unsecured- Up to INR 40 lakhs<\/td><td>Starting 11.00% to 13.00% p.a<\/td><\/tr><tr><td>Credila<\/td><td>100% financing<\/td><td>Starting from 9.75% p.a.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Also Read: Check all the details about <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/non-collateral-education-loan-for-the-uk\/\"><strong>non-collateral loans for the UK<\/strong><\/a><strong>. The blog includes details of loan amounts and interest rates for collateral-free loans from public banks, private banks, and NBFCs.<\/strong><\/p>\n\n\n\n<p>This was all about education loans for a master&#8217;s in the UK. Make sure to compare the lenders and check through the terms and conditions. It is important to keep all documents ready for quicker processing and submit bonafide certificates for faster approvals. You may also consider other alternatives, like <a href=\"https:\/\/fly.finance\/blog\/scholarships\/top-scholarships-to-study-in-uk\/\"><strong>scholarships in the UK<\/strong><\/a><strong> <\/strong>to eliminate the repayment burden.<\/p>\n\n\n\n<p>You can easily apply for an education loan for a master&#8217;s in the UK through Fly Finance. The platform offers diverse loan options with quicker loan processing in as little as 3 days. The interest rates offered are lower than those of the market standards. You get it all at zero service fees.<\/p>\n\n\n\n<p>To know more about <a href=\"https:\/\/fly.finance\/loans\"><strong>education loans<\/strong><\/a>, the best <a href=\"https:\/\/fly.finance\/international-bank-account\"><strong>bank accounts for students<\/strong><\/a>, <a href=\"https:\/\/fly.finance\/forex\"><strong>forex<\/strong><\/a> and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span id=\"faqs\">FAQs<\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1722064466963\"><strong class=\"schema-faq-question\">Can you get a student loan for a master&#8217;s in the UK?<\/strong> <p class=\"schema-faq-answer\">Yes. Students can get an education loan for a master&#8217;s in the UK. Indian banks and NBFCs provide financial assistance to help them cover tuition fees and living costs in the country, covering 100% of their costs.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1722064473525\"><strong class=\"schema-faq-question\">How much education loan for a master&#8217;s in the UK is needed?<\/strong> <p class=\"schema-faq-answer\">The amount of education loan for a master&#8217;s in the UK should be enough to cover your 2-year program tuition fees and living expenses. The average tuition fee for a master&#8217;s in the UK ranges between GBP 20,000 to GBP 40,000 per year (INR 21.54 lakhs to 43.09 lakhs), and living costs range between GBP 12,000 to GBP 15,000 per year (INR 12.92 lakhs to 16.16 lakhs).<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1722064480986\"><strong class=\"schema-faq-question\">Which bank is best for education loans in the UK?<\/strong> <p class=\"schema-faq-answer\">SBI is the best bank for education loans in the UK. You can get loans of up to INR 1.5 crores offered at interest rates starting from 11.15% p.a under their Global Ed-vantage loan scheme.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1722064488522\"><strong class=\"schema-faq-question\">Which banks offer education loans for a master&#8217;s in the UK?<\/strong> <p class=\"schema-faq-answer\">Students can get education loans for a master&#8217;s in the UK to cover 100% of their costs by availing of secured education loans at attractive interest rates with banks like SBI, ICICI, HDFC, Axis, and others. These banks also offer unsecured education loans at a competitive ROI.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1722064495016\"><strong class=\"schema-faq-question\">How do you qualify for student loans in the UK?<\/strong> <p class=\"schema-faq-answer\">To qualify for education loans for master&#8217;s in the UK, you must have a good academic record and successfully secure admission to a recognised university. Applicants with a good credit history get loans much more easily.<\/p> <\/div> <\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-pale-ocean-gradient-background has-background has-fixed-layout\"><tbody><tr><td colspan=\"2\"><strong>Related Blogs<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/uk-gov-student-loan\/\"><strong>UK Government Student Loans<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/student-loan-requirements-uk\/\"><strong>Student Loan Requirements UK<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/student-budget\/uk-visa-application-fee\/\"><strong>UK Visa Application Fees<\/strong><\/a><strong>&nbsp;<\/strong><\/td><td><a href=\"https:\/\/fly.finance\/blog\/insurance\/student-travel-insurance-for-uk\/\"><strong>Student Travel Insurance for the UK<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/currency-exchange-rates-in-the-uk\/\"><strong>Currency Exchange Rates in the UK<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/currency-exchange-rates-in-the-uk\/\"><strong>Best Forex Cards for Indian students in the UK<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/student-account\/why-international-students-in-the-uk-should-open-a-uk-bank-account\/\"><strong>Why International students should open a bank account in the UK<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/banks-providing-education-loans-to-study-in-uk\/\"><strong>Top Indian Banks providing Education loans to Study in the UK<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/loan-sanction-letter-mandates-for-uk-visa\/\"><strong>Loan Sanction Letter Mandated for UK<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/student-account\/student-bank-accounts-uk\/\"><strong>Student Bank Accounts for the UK<\/strong><\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Follow Us on Social Media <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-social-links is-layout-flex wp-block-social-links-is-layout-flex\"><li class=\"wp-social-link wp-social-link-instagram  wp-block-social-link\"><a href=\"https:\/\/instagram.com\/flydotfinance\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M12,4.622c2.403,0,2.688,0.009,3.637,0.052c0.877,0.04,1.354,0.187,1.671,0.31c0.42,0.163,0.72,0.358,1.035,0.673 c0.315,0.315,0.51,0.615,0.673,1.035c0.123,0.317,0.27,0.794,0.31,1.671c0.043,0.949,0.052,1.234,0.052,3.637 s-0.009,2.688-0.052,3.637c-0.04,0.877-0.187,1.354-0.31,1.671c-0.163,0.42-0.358,0.72-0.673,1.035 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master&#8217;s in the UK. Indian banks and NBFCs provide financial assistance to help them cover tuition fees and living costs in the country. They can get funding to cover 100% of their costs abroad by availing of secured education loans at attractive interest rates with banks &#8230; <a title=\"Education Loan for Masters in the UK: Loan Providers, Interest Rates\" class=\"read-more\" href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/\" aria-label=\"Read more about Education Loan for Masters in the UK: Loan Providers, Interest Rates\">Read more<\/a><\/p>\n","protected":false},"author":29,"featured_media":14171,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-14169","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education-loan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Education Loan for Masters in the UK: Loan Providers, Interest Rates<\/title>\n<meta name=\"description\" content=\"Know all about education loans for masters in the UK. 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I'm Shubhika- a proud graduate in English Literature and Language from Delhi University. My journey as a content writer transitioned from online teacher into the world of words. Stepping into the domain of blogs and articles, I discovered my passion for writing growing deeper and stronger. Having said that, I have experience of writing for diverse industries in automobile, technology, ed-tech, finance and mental-health; crafting details to help you find the solution to what you are looking for. Join me as I invite you all explore and learn together.","sameAs":["https:\/\/www.facebook.com\/shubhika.garg\/","https:\/\/www.instagram.com\/shubhika.garg\/","https:\/\/www.linkedin.com\/in\/shubhikagarg71\/","https:\/\/www.tumblr.com\/blog\/shubhikahere"],"url":"https:\/\/fly.finance\/blog\/author\/shubhika\/"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/#faq-question-1722064466963","position":1,"url":"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/#faq-question-1722064466963","name":"Can you get a student loan for a master's in the UK?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes. Students can get an education loan for a master's in the UK. Indian banks and NBFCs provide financial assistance to help them cover tuition fees and living costs in the country, covering 100% of their costs.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/#faq-question-1722064473525","position":2,"url":"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/#faq-question-1722064473525","name":"How much education loan for a master's in the UK is needed?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The amount of education loan for a master's in the UK should be enough to cover your 2-year program tuition fees and living expenses. The average tuition fee for a master's in the UK ranges between GBP 20,000 to GBP 40,000 per year (INR 21.54 lakhs to 43.09 lakhs), and living costs range between GBP 12,000 to GBP 15,000 per year (INR 12.92 lakhs to 16.16 lakhs).","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/#faq-question-1722064480986","position":3,"url":"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/#faq-question-1722064480986","name":"Which bank is best for education loans in the UK?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"SBI is the best bank for education loans in the UK. You can get loans of up to INR 1.5 crores offered at interest rates starting from 11.15% p.a under their Global Ed-vantage loan scheme.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/#faq-question-1722064488522","position":4,"url":"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/#faq-question-1722064488522","name":"Which banks offer education loans for a master's in the UK?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Students can get education loans for a master's in the UK to cover 100% of their costs by availing of secured education loans at attractive interest rates with banks like SBI, ICICI, HDFC, Axis, and others. These banks also offer unsecured education loans at a competitive ROI.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/#faq-question-1722064495016","position":5,"url":"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-masters-in-the-uk\/#faq-question-1722064495016","name":"How do you qualify for student loans in the UK?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"To qualify for education loans for master's in the UK, you must have a good academic record and successfully secure admission to a recognised university. Applicants with a good credit history get loans much more easily.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/14169","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/comments?post=14169"}],"version-history":[{"count":10,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/14169\/revisions"}],"predecessor-version":[{"id":21076,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/14169\/revisions\/21076"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media\/14171"}],"wp:attachment":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media?parent=14169"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/categories?post=14169"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/tags?post=14169"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}