{"id":2950,"date":"2023-03-21T13:26:12","date_gmt":"2023-03-21T07:56:12","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=2950"},"modified":"2025-08-05T14:32:49","modified_gmt":"2025-08-05T09:02:49","slug":"australian-student-loans-for-overseas-studies-amount-process-eligibility","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/","title":{"rendered":"Australian Student Loans for Overseas Studies- Amount, &amp; Process"},"content":{"rendered":"\n<p>Australian universities offer a plethora of courses for international students. The stress-free visa procedure<strong> <\/strong>and availability of a diverse range of academic programmes encourage thousands of Indian students to pursue their higher studies on this continent. Indian students can study in some of the top universities of the island nation with education loans from the government of India, private banks, and non-banking financial companies (NBFCs). S<\/p>\n\n\n\n<p>tudents opting for Australian student loans for overseas studies need to meet the prescribed eligibility criteria and submit the mandatory documents to avail of the loan at financial institutions.<\/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-types-of-australian-student-loans-for-overseas-studies\" data-level=\"2\">Types of Australian Student Loans for Overseas Studies<\/a><ul><li><a href=\"#h-secured-loans\" data-level=\"3\">Secured Loans<\/a><\/li><li><a href=\"#h-unsecured-loans\" data-level=\"3\">Unsecured Loans<\/a><\/li><\/ul><\/li><li><a href=\"#h-overseas-education-loans-for-studying-in-australia\" data-level=\"2\">Overseas Education Loans for Studying in Australia<\/a><ul><li><a href=\"#h-nationalised-banks-of-india\" data-level=\"3\">Nationalised Banks of India<\/a><\/li><li><a href=\"#h-private-banks\" data-level=\"3\">Private Banks<\/a><\/li><li><a href=\"#h-non-banking-financial-companies-nbfcs\" data-level=\"3\">Non-Banking Financial Companies (NBFCs)<\/a><\/li><\/ul><\/li><li><a href=\"#h-top-universities-in-australia-eligible-for-education-loan\" data-level=\"2\">Top Universities in Australia Eligible for Education Loan<\/a><\/li><li><a href=\"#h-expenses-covered\" data-level=\"2\">Expenses Covered<\/a><\/li><li><a href=\"#h-eligible-courses\" data-level=\"2\">Eligible Courses<\/a><\/li><li><a href=\"#h-eligibility-criteria\" data-level=\"2\">Eligibility Criteria<\/a><\/li><li><a href=\"#h-application-process\" data-level=\"2\">Application Process<\/a><\/li><li><a href=\"#h-documents-required\" data-level=\"2\">Documents Required<\/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-types-of-australian-student-loans-for-overseas-studies\"><span id=\"types-of-australian-student-loans-for-overseas-studies\">Types of Australian Student Loans for Overseas Studies<\/span><\/h2>\n\n\n\n<p>Two types of education loans are available to students <a href=\"https:\/\/leverageedu.com\/study-locations\/study-in-australia\/\"><strong>studying in Australia<\/strong><\/a>: Secured and Unsecured loans. Here is a brief description of the different types of loans for studying abroad in Australia:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-secured-loans\"><span id=\"secured-loans\">Secured Loans<\/span><\/h3>\n\n\n\n<p>Applicants can secure these loans at nationalised banks of India, private banks, and NBFCs. Students are required to offer security or collateral for secured loans. These loans are accepted by all approved universities in Australia.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-unsecured-loans\"><span id=\"unsecured-loans\">Unsecured Loans<\/span><\/h3>\n\n\n\n<p>An education loan that does not require collateral is termed an unsecured loan. These loans are disbursed with the signature of a co-borrower. In comparison to secured loans, the interest rates of these loans are much higher due to no collateral. Private banks and NBFCs provide this loan with a guarantee from a co-applicant.&nbsp;<\/p>\n\n\n\n<p class=\"has-base-background-color has-background\"><strong>Also Read: <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/axis-bank-education-loan-without-collateral-for-studying-abroad\/\"><strong>Axis Bank Education Loan without Collateral for Studying Abroad<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-overseas-education-loans-for-studying-in-australia\"><span id=\"overseas-education-loans-for-studying-in-australia\">Overseas Education Loans for Studying in Australia<\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-nationalised-banks-of-india\"><span id=\"nationalised-banks-of-india\">Nationalised Banks of India<\/span><\/h3>\n\n\n\n<p>Nationalised Banks like the State Bank of India (SBI) and Bank of Baroda (BOB) provide Australian student loans for overseas studies. These banks generally cover up to 90% of 90% of the cost of studying in Australia. Nationalised banks provide loans at lower rates in comparison to private banks and NBFCs.&nbsp; Additionally, procuring education loans from these financial institutions saves an extra charge on the interest rate.&nbsp;<\/p>\n\n\n\n<p>Let us have a look at the loan specifications of the State Bank of India, Bank of Baroda, and Union Bank of India<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background\"><tbody><tr><td><strong>Banks<\/strong><\/td><td><strong>SBI<\/strong><\/td><td><strong>BOB<\/strong><\/td><\/tr><tr><td><strong>Secured Loan<\/strong><\/td><td>Up to INR 1.5 cr<\/td><td>Up to INR 1.25 cr<\/td><\/tr><tr><td><strong>Interest Rate<\/strong><\/td><td>9.15% per annum<\/td><td>7.10% per annum<\/td><\/tr><tr><td><strong>Repayment Period<\/strong><\/td><td>Up to 15 years&nbsp;<\/td><td>Up to 15 years<\/td><\/tr><tr><td><strong>Margin Money<\/strong><\/td><td>Up to INR 4 lakh: No <a href=\"https:\/\/leverageedu.com\/learn\/understanding-margin-money-in-education-loan\/\"><strong>Margin Money<\/strong><\/a>; Above INR 4 lakh: 15% on the amount above INR 4 lakh<\/td><td>Nil<\/td><\/tr><tr><td><strong>Processing Fees<\/strong><\/td><td>Up to INR 20 lakh: No Processing Charge; Above INR 20 lakh: INR 10k+Taxes<\/td><td>No Processing Fee<\/td><\/tr><tr><td><strong>Security<\/strong><\/td><td>Up to INR 7.5 lakh: Only a co-applicant\/parent\/guardian; Above INR 7.5 lakh: Guardian or either as co-borrower and collateral security<\/td><td>Upto INR 4 lakh: Only co-obligation of either parent\/guardian; Above INR 4 lakh: Guardia\/either parent as a co-signers and collateral security<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-private-banks\"><span id=\"private-banks\">Private Banks<\/span><\/h3>\n\n\n\n<p>In comparison to nationalised banks, private banks such as Axis Bank, ICICI, and IDFC disburse loans at a faster rate. This is on account of the availability of a dedicated relationship manager at these financial organisations. However, these banks&#8217; interest rate and processing fees are usually at a higher end. Unlike national banks, private banks offer both secured and unsecured Australian student loans for overseas studies.<\/p>\n\n\n\n<p>Given below are the details of some of the private banks offering financial assistance to overseas students who have bagged a seat in eminent Australian universities:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background\"><tbody><tr><td><strong>Banks<\/strong><\/td><td><strong>Axis Bank<\/strong><\/td><td><strong>ICICI Bank<\/strong><\/td><td><strong>IDFC Bank<\/strong><\/td><\/tr><tr><td><strong>Secured Loan Amount<\/strong><\/td><td>No cap<\/td><td>Up to INR 2 cr<\/td><td>Up to INR 1 cr<\/td><\/tr><tr><td><strong>Unsecured Loan Amount<\/strong><\/td><td>Up to INR 40 lakh<\/td><td>Up to INR 40 lakh<\/td><td>Up to INR 50 lakh<\/td><\/tr><tr><td><strong>Interest Rate<\/strong><strong>(Floating)<\/strong><\/td><td>13.70% to 15.25%<\/td><td>9.50% to 15.85%<\/td><td>9% to 15%<\/td><\/tr><tr><td><strong>Processing Fee<\/strong><\/td><td>2% of the loan amount + GST<\/td><td>1% of the loan amount<\/td><td>1% of the loan amount<\/td><\/tr><tr><td><strong>Loan Tenure<\/strong><\/td><td>Up to 15 years<\/td><td>Up to 12 years<\/td><td>Up to 12 years<\/td><\/tr><tr><td><strong>Margin Money<\/strong><\/td><td>Nil<\/td><td>Nil<\/td><td>Nil<\/td><\/tr><tr><td><strong>Security<\/strong><\/td><td>Co-applicant and a third-party guarantor<\/td><td>Up to INR 1 cr: Only parent\/guardian as co-signer; Above INR 1 cr: Co-signer and tangible collateral security<\/td><td>Up to INR 75 lakh: Parent\/guardian as a Co-applicant; Above INR 75 lakh: Co-applicant and a collateral security<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-non-banking-financial-companies-nbfcs\"><span id=\"non-banking-financial-companies-nbfcs\">Non-Banking Financial Companies (NBFCs)<\/span><\/h3>\n\n\n\n<p>If students fail to secure a loan from nationalised banks and private banks, they can apply for Australian student loans for overseas studies at any of these NBFCs: Avanse, InCred, Credila, and Auxilo. These organisations offer education loans to applicants only after final confirmation from the Australian High Commission.<\/p>\n\n\n\n<p>Students can apply for a loan from the below-mentioned NBFCs after evaluating all specifications of different types of loans tabulated below:<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background\"><tbody><tr><td><strong>NBFCs<\/strong><\/td><td><strong>Auxilo<\/strong><\/td><td><strong>InCred<\/strong><\/td><td><strong>Credila<\/strong><\/td><\/tr><tr><td><strong>Loan Amount<\/strong><\/td><td>No cap<\/td><td>Up to INR 1 cr<\/td><td>Up to 100%, including tuition fee and living expenses<\/td><\/tr><tr><td><strong>Base Interest Rate<\/strong><\/td><td>12% to 13.5%<\/td><td>11.5% to 15%<\/td><td>9.75% p.a. onwards<\/td><\/tr><tr><td><strong>Loan Tenure<\/strong><\/td><td>10 years<\/td><td>15 years<\/td><td>Up to 15 years<\/td><\/tr><tr><td><strong>Processing Fees<\/strong><\/td><td>2% of the loan amount<\/td><td>1% to 1.5% of the loan amount<\/td><td>Varies<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-top-universities-in-australia-eligible-for-education-loan\"><span id=\"top-universities-in-australia-eligible-for-education-loan\">Top Universities in Australia Eligible for Education Loan<\/span><\/h2>\n\n\n\n<p>Australian student loans for overseas studies are applicable to most of the recognised universities of the island nation. Students can apply for secured as well as unsecured loans to get financial assistance from nationalised banks, private banks, and NBFCs. The table below enlists s<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background\"><tbody><tr><td><strong>S.No<\/strong><\/td><td><strong>Universities<\/strong><\/td><\/tr><tr><td>1<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/australian-national-university-anu\/\"><strong>Australian National University<\/strong><\/a><\/td><\/tr><tr><td>2<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/monash-university\/\"><strong>Monash University<\/strong><\/a><\/td><\/tr><tr><td>3<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/the-university-of-melbourne-unimelb\/\"><strong>University of Melbourne<\/strong><\/a><\/td><\/tr><tr><td>4<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/university-of-new-south-wales-unsw\/\"><strong>University of New South Wales<\/strong><\/a><\/td><\/tr><tr><td>5<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/the-university-of-western-australia-uwa\/\"><strong>University of Western Australia<\/strong><\/a><\/td><\/tr><tr><td>6<\/td><td><strong><a href=\"https:\/\/leverageedu.com\/learn\/interesting-facts-about-the-university-of-sydney\/\">University of Sydney<\/a><\/strong><\/td><\/tr><tr><td>7<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/the-university-of-queensland-uq\/\"><strong>University of Queensland<\/strong><\/a><\/td><\/tr><tr><td>8<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/the-university-of-adelaide\/\"><strong>University of Adelaide<\/strong><\/a><\/td><\/tr><tr><td>9<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/the-university-of-newcastle\/\"><strong>University of New Castle<\/strong><\/a><\/td><\/tr><tr><td>10<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/curtin-university\/courses\/\"><strong>Curtin University<\/strong><\/a><\/td><\/tr><tr><td>11<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/university-of-technology-sydney-uts\/\"><strong>University of Technology Sydney<\/strong><\/a><\/td><\/tr><tr><td>12&nbsp;<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/rmit-university\/\"><strong>RMIT University<\/strong><\/a><\/td><\/tr><tr><td>13<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/macquarie-university\/\"><strong>Macquarie University<\/strong><\/a><\/td><\/tr><tr><td>14<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/la-trobe-university\/\"><strong>LA Trobe University<\/strong><\/a><\/td><\/tr><tr><td>15<\/td><td><a href=\"https:\/\/leverageedu.com\/universities\/university-of-canberra-uc\/\"><strong>University of Canberra<\/strong><\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"has-base-background-color has-background\"><strong>Also Read: <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/corporation-bank-education-loan-for-studies-abroad\/\"><strong>Corporation Bank Education Loan for Studies Abroad<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-expenses-covered\"><span id=\"expenses-covered\">Expenses Covered<\/span><\/h2>\n\n\n\n<p>Study abroad student loans for Australian universities cover the below-mentioned expenses:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tuition fees<\/li>\n\n\n\n<li>Hostel fees<\/li>\n\n\n\n<li>Caution deposit<\/li>\n\n\n\n<li>Examination fees<\/li>\n\n\n\n<li>Laboratory and Library fees<\/li>\n\n\n\n<li>Cost of books, uniform, laptop\/desktop, and other utilities<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eligible-courses\"><span id=\"eligible-courses\">Eligible Courses<\/span><\/h2>\n\n\n\n<p>Australian student loans for overseas studies are available for the following courses in a recognised university in this island nation:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Diploma Courses<\/li>\n\n\n\n<li>Skill Development Courses<\/li>\n\n\n\n<li>Vocational Programmes<\/li>\n\n\n\n<li>Undergraduate Programmes<\/li>\n\n\n\n<li>Postgraduate Courses<\/li>\n\n\n\n<li>Doctorate Programmes<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eligibility-criteria\"><span id=\"eligibility-criteria\">Eligibility Criteria<\/span><\/h2>\n\n\n\n<p>Students who have secured admission to an approved university in Australia must adhere to these eligibility criteria to avail of the study abroad education loans:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The candidate must of 18 years of age or older<\/li>\n\n\n\n<li>The student must be an Indian citizen<\/li>\n\n\n\n<li>The applicant should have an offer letter from an accredited Australian university<\/li>\n\n\n\n<li>The course must be eligible for student loans<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-application-process\"><span id=\"application-process\">Application Process<\/span><\/h2>\n\n\n\n<p>A student who has secured admission to any eligible course in an approved university must follow these instructions to apply for Australian student loans for overseas studies:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Visit the official website of the banks or NBFCs<\/li>\n\n\n\n<li>Download the application form<\/li>\n\n\n\n<li>Upload the completed application form<\/li>\n\n\n\n<li>Upload the required documents<\/li>\n\n\n\n<li>Print a copy of the completed form<\/li>\n\n\n\n<li>Visit the physical branch, in the case of banks, to meet the concerned official<\/li>\n\n\n\n<li>The official from the loan department will guide you through the remaining process.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-base-background-color has-background\"><strong>Must Read: <\/strong><a href=\"https:\/\/fly.finance\/blog\/education-loan\/student-loan-for-canada\/\"><strong>Student Loan for Canada<\/strong><\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-documents-required\"><span id=\"documents-required\">Documents Required<\/span><\/h2>\n\n\n\n<p>Here is the list of documents a candidate needs to submit while applying for Australian student loans for overseas studies:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Offer Letter<\/li>\n\n\n\n<li>Result of entrance examination, if applicable<\/li>\n\n\n\n<li>Loan application form<\/li>\n\n\n\n<li>Academic transcripts<\/li>\n\n\n\n<li>Statement of tuition fees, living expenses, laboratory fees, library fees, and other relevant fees<\/li>\n\n\n\n<li>Passport-size photos of the applicant and parents\/guardian\/co-applicant<\/li>\n\n\n\n<li>Aadhaar Cards of the applicant and parents\/guardian\/co-applicant<\/li>\n\n\n\n<li>PAN Cards of the applicant and parents\/guardian\/co-borrower<\/li>\n\n\n\n<li>ID proof- Passport\/PAN Card<\/li>\n\n\n\n<li>Address proof- Electricity bill\/Utility Bill\/Telephone Bill\/Aadhaar Card<\/li>\n\n\n\n<li>Bank statement (for the past 6 months) of the applicant, if salaried, and parent\/guardian\/co-borrower<\/li>\n\n\n\n<li>IT return (of the past two years) of the applicant, if salaried, and parent\/guardian\/co-borrower<\/li>\n\n\n\n<li>Collateral valuation documents<\/li>\n\n\n\n<li>Any other documents asked by the lender<\/li>\n<\/ul>\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-1679296872505\"><strong class=\"schema-faq-question\">How much loan is required to study in Australia?<\/strong> <p class=\"schema-faq-answer\">Students usually apply for a loan of up to INR 35 lakh to INR 40 lakh to study in Australia.\u00a0<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1679296883380\"><strong class=\"schema-faq-question\">How to get a loan to study abroad Australia?<\/strong> <p class=\"schema-faq-answer\">You can apply to nationalised and private banks and NBFCs for Australian student loans for overseas studies after getting an offer letter from any recognised Australian university.\u00a0<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1679296910453\"><strong class=\"schema-faq-question\">What is the eligibility for education loan for abroad studies?<\/strong> <p class=\"schema-faq-answer\">The applicant must be an adult (18 years or above) selected for an academic programme in an accredited university. He\/she\/they must have all the academic qualifications, identity proof, and address proof to be eligible for an education loan for abroad studies.\u00a0<\/p> <\/div> <\/div>\n\n\n\n<p>Discover different types of <a href=\"https:\/\/leverageedu.com\/\"><strong>study abroad<\/strong><\/a> education loans with <a href=\"https:\/\/fly.finance\/\"><strong>Fly Finance<\/strong><\/a> and Leverage Edu. To get a free counselling session regarding studying in Australia contact us at 1800 572 000.<\/p>\n\n\n\n<p><strong>Additional Blogs<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-background has-fixed-layout\" style=\"background:linear-gradient(135deg,rgb(255,245,203) 0%,rgb(182,227,212) 100%,rgb(51,167,181) 100%)\"><tbody><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/graduate-student-loan\/\"><strong>Graduate Student Loan in Abroad or India: Eligibility Criteria, Process &amp; More<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/student-loan-for-canada\/\"><strong>Student Loan for Canada: Eligibility, Top Lenders, How to Apply &amp; More<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/student-loan-for-uk\/\"><strong>Student Loan for UK Studies: Types, List of Loan, Eligibility, Benefits, &amp; More<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/maximum-education-loan-for-abroad-studies\/\"><strong>Maximum Education Loan for Abroad Studies in India<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/education-loan-for-nri-students-to-study-abroad\/\"><strong>Education Loan for NRI Students to Study Abroad<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/private-student-loans-for-study-abroad\/\"><strong>Top Private Student Loans for Study Abroad&nbsp;<\/strong><\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Australian universities offer a plethora of courses for international students. The stress-free visa procedure and availability of a diverse range of academic programmes encourage thousands of Indian students to pursue their higher studies on this continent. Indian students can study in some of the top universities of the island nation with education loans from the &#8230; <a title=\"Australian Student Loans for Overseas Studies- Amount, &amp; Process\" class=\"read-more\" href=\"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/\" aria-label=\"Read more about Australian Student Loans for Overseas Studies- Amount, &amp; Process\">Read more<\/a><\/p>\n","protected":false},"author":15,"featured_media":2957,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-2950","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>Australian Student Loans for Overseas Studies- Amount, &amp; Process | Fly Finance<\/title>\n<meta name=\"description\" content=\"Know all about australian student loans for overseas studies - types of loans, eligibility criteria, documents required, and more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian Student Loans for Overseas Studies- Amount, &amp; Process\" \/>\n<meta property=\"og:description\" content=\"Know all about australian student loans for overseas studies - types of loans, eligibility criteria, documents required, and more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/\" \/>\n<meta property=\"og:site_name\" content=\"Fly Finance\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-21T07:56:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-05T09:02:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/03\/20130600\/australian-student-loans-for-overseas-studies.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ankita Singh\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ankita Singh\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Australian Student Loans for Overseas Studies- Amount, &amp; Process | Fly Finance","description":"Know all about australian student loans for overseas studies - types of loans, eligibility criteria, documents required, and more.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/","og_locale":"en_US","og_type":"article","og_title":"Australian Student Loans for Overseas Studies- Amount, &amp; Process","og_description":"Know all about australian student loans for overseas studies - types of loans, eligibility criteria, documents required, and more.","og_url":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/","og_site_name":"Fly Finance","article_published_time":"2023-03-21T07:56:12+00:00","article_modified_time":"2025-08-05T09:02:49+00:00","og_image":[{"width":720,"height":400,"url":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/03\/20130600\/australian-student-loans-for-overseas-studies.jpg","type":"image\/jpeg"}],"author":"Ankita Singh","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ankita Singh","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#article","isPartOf":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/"},"author":{"name":"Ankita Singh","@id":"https:\/\/fly.finance\/blog\/#\/schema\/person\/1632adf7a989749abf9729065c08b66f"},"headline":"Australian Student Loans for Overseas Studies- Amount, &amp; Process","datePublished":"2023-03-21T07:56:12+00:00","dateModified":"2025-08-05T09:02:49+00:00","mainEntityOfPage":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/"},"wordCount":1507,"commentCount":0,"publisher":{"@id":"https:\/\/fly.finance\/blog\/#organization"},"image":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#primaryimage"},"thumbnailUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/03\/20130600\/australian-student-loans-for-overseas-studies.jpg","articleSection":["Education Loan"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#respond"]}],"accessibilityFeature":["tableOfContents"]},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/","url":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/","name":"Australian Student Loans for Overseas Studies- Amount, &amp; Process | Fly Finance","isPartOf":{"@id":"https:\/\/fly.finance\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#primaryimage"},"image":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#primaryimage"},"thumbnailUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/03\/20130600\/australian-student-loans-for-overseas-studies.jpg","datePublished":"2023-03-21T07:56:12+00:00","dateModified":"2025-08-05T09:02:49+00:00","description":"Know all about australian student loans for overseas studies - types of loans, eligibility criteria, documents required, and more.","breadcrumb":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#faq-question-1679296872505"},{"@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#faq-question-1679296883380"},{"@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#faq-question-1679296910453"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#primaryimage","url":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/03\/20130600\/australian-student-loans-for-overseas-studies.jpg","contentUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/03\/20130600\/australian-student-loans-for-overseas-studies.jpg","width":720,"height":400,"caption":"australian student loans for overseas studies"},{"@type":"BreadcrumbList","@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fly.finance\/blog\/"},{"@type":"ListItem","position":2,"name":"Education Loan","item":"https:\/\/fly.finance\/blog\/category\/education-loan\/"},{"@type":"ListItem","position":3,"name":"Australian Student Loans for Overseas Studies- Amount, &amp; Process"}]},{"@type":"WebSite","@id":"https:\/\/fly.finance\/blog\/#website","url":"https:\/\/fly.finance\/blog\/","name":"Fly Finance","description":"Explore blogs related to Education Loan, Student Bank Account, International Money Transfer, Scholarships along with latest news at Fly Finance.","publisher":{"@id":"https:\/\/fly.finance\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fly.finance\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fly.finance\/blog\/#organization","name":"Fly Finance","url":"https:\/\/fly.finance\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fly.finance\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/01\/29151141\/Fly-Finance-Logo-1.webp","contentUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/01\/29151141\/Fly-Finance-Logo-1.webp","width":1080,"height":1080,"caption":"Fly Finance"},"image":{"@id":"https:\/\/fly.finance\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fly.finance\/blog\/#\/schema\/person\/1632adf7a989749abf9729065c08b66f","name":"Ankita Singh","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/f4b0c0570aa07aff150aa19efe14ee3b9468394aefb20ed3702e6b58fbeb1509?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/f4b0c0570aa07aff150aa19efe14ee3b9468394aefb20ed3702e6b58fbeb1509?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f4b0c0570aa07aff150aa19efe14ee3b9468394aefb20ed3702e6b58fbeb1509?s=96&d=mm&r=g","caption":"Ankita Singh"},"url":"https:\/\/fly.finance\/blog\/author\/ankitasingh\/"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#faq-question-1679296872505","position":1,"url":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#faq-question-1679296872505","name":"How much loan is required to study in Australia?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Students usually apply for a loan of up to INR 35 lakh to INR 40 lakh to study in Australia.\u00a0","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#faq-question-1679296883380","position":2,"url":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#faq-question-1679296883380","name":"How to get a loan to study abroad Australia?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"You can apply to nationalised and private banks and NBFCs for Australian student loans for overseas studies after getting an offer letter from any recognised Australian university.\u00a0","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#faq-question-1679296910453","position":3,"url":"https:\/\/fly.finance\/blog\/education-loan\/australian-student-loans-for-overseas-studies-amount-process-eligibility\/#faq-question-1679296910453","name":"What is the eligibility for education loan for abroad studies?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The applicant must be an adult (18 years or above) selected for an academic programme in an accredited university. He\/she\/they must have all the academic qualifications, identity proof, and address proof to be eligible for an education loan for abroad studies.\u00a0","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/2950","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\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/comments?post=2950"}],"version-history":[{"count":21,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/2950\/revisions"}],"predecessor-version":[{"id":21017,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/2950\/revisions\/21017"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media\/2957"}],"wp:attachment":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media?parent=2950"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/categories?post=2950"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/tags?post=2950"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}