Planning to study at Harvard, IIM, or Oxford? Don’t let money be the reason you say no.
Whether you’re planning an MBA or an engineering course abroad, one of the first steps is knowing how much education loan you can get. That’s where EduFund’s Education Loan Eligibility Calculator comes in to help you make smarter decisions with clarity and confidence.
EduFund is not just your financial guide but your education funding partner.
From eligibility to application, we help simplify every step of your student loan journey.
🎓 Education Loan Eligibility Calculator
🔔 Disclaimer: This calculator provides an estimate for informational purposes only and does not constitute a loan offer. Actual eligibility, EMI, and interest rates may vary based on lender policies and your financial profile. Please consult with your bank or financial advisor before making any decisions.
What is an Education Loan Eligibility Calculator?
An education loan eligibility calculator is a smart tool that helps you estimate the amount you might be eligible to borrow based on a few personal and financial details. Think of it as your starting point to understanding your study loan eligibility.
How It Works?
The education loan eligibility calculator processes inputs like your course type, tuition fees, co-applicant income and other factors to generate an approximate loan amount you may qualify for.
Why You Need to Check Eligibility Before Applying
Before applying for a student loan, it’s crucial to understand how much you can realistically borrow. This helps avoid rejections, improves financial planning and sets the right expectations for lenders. EduFund’s education loan eligibility calculator takes the guesswork out of the process.
How to Check Education Loan Eligibility in India
Wondering how to check education loan eligibility in India? It’s easier than ever.
🎓 Education Loan Calculator
Estimate your EMI, total repayment, and total interest in seconds.
Checking your student loan eligibility in India is now quick and hassle-free. Just scroll down to use EduFund’s loan eligibility calculator. It’s simple. Enter your details and get an instant estimate of your loan eligibility.
Education Loan Eligibility Calculator Can Estimate Your Loan Instantly
Use EduFund’s education loan calculator to visualize your repayment plan even before applying.
What Inputs You Need
- EMI (Equated Monthly Installment)
- Total Repayment Amount
- Interest rate
- Loan Tenure
What the Calculator Tells You
Based on several factors, our calculator tells you if you are eligible for any educational loans and how much.
This tool is invaluable for students and parents looking to plan smartly and avoid surprises.
$70 Billion. That’s what Indian students will spend studying abroad by 2025.
Yes, that’s Billion with a “B.”
Just to put that in perspective: it’s more than the GDP of some small countries.
Good thing EduFund is here to make it less scary.
Source
Why Choose EduFund for Your Education Loan?
EduFund is setting a new standard in education financing:
- Loan approval in just 72 hours
- Low interest rates with no hidden costs
- Unlimited tax benefits on interest
- Apply even without an admit letter
- Quick disbursement in just 3 days
With EduFund, you get transparent, fast, and flexible loan solutions tailored to your dreams.
Secure your master’s abroad with EduFund loans
Partnered with 15+ banks | Faster approvals | Unsecured loans up to ₹2 crore
What Lenders Look for When You Apply
Here are the key parameters that influence how much loan you might be eligible for:
- Age: Most lenders have an age range (typically 18–35 years) for applicants
- Academic Performance: Good grades can improve your chances of approval and higher amounts
- Type of Course and Institution: Professional degrees from reputed institutions often make you eligible for higher amounts
- Co-applicant Income and Credit Score: A strong financial background and a good credit score can positively impact your eligibility
- Collateral (if required): Secured loans (backed by property or assets) may offer higher loan limits
Eligibility Criteria: What Affects Your Student Loan Amount?
EduFund’s education loan eligibility calculator gives you a quick yet detailed understanding of what financial assistance you can avail.
Minimum and Maximum Loan Amount
The approved loan amount depends on the course fees, your repayment capacity, and whether the loan is secured or unsecured. With EduFund, you can explore custom loan options based on your unique profile.
Eligible Courses and Institutions
Loans are typically available for undergraduate, postgraduate, diploma and professional courses abroad. EduFund supports a wide range of programs across top institutions worldwide.
Income and CIBIL Score Requirements
A co-applicant’s income and a healthy credit score are often required for higher loan amounts. EduFund’s experts help you understand these metrics and improve your profile if necessary.
Tips to Improve Your Education Loan Eligibility
Want to increase your chances of getting a higher loan amount? Here’s how:
- Maintain a good academic record
- Choose a reputed college or university
- Add a financially strong co-applicant
- Consider secured loans for higher amounts
EduFund can guide you through these steps and match you with a loan that fits your needs.
Frequently Asked Questions (FAQs)
1. What is the purpose of the Education Loan eligibility calculator?
It helps you estimate your loan eligibility based on personal and financial details.
2. Does EduFund charge for using the eligibility calculator?
No, the tool is completely free to use.
3. How fast can I get an education loan through EduFund?
EduFund offers study abroad education loan approvals in just 72 hours and disbursals within 3 working days.
4. Can I apply for a loan without having an admit letter?
Yes, you can!
EduFund allows you to apply even if you haven’t received your admission letter yet, helping you stay ahead in the application process.
5. What’s the maximum unsecured loan amount EduFund offers?
You can apply for unsecured education loans up to ₹2 crore based on your eligibility and co-applicant profile.
6. Which banks or NBFCs does EduFund partner with?
EduFund is partnered with 15+ top Indian and international banks and NBFCs to offer you the best loan deals suited to your profile.
Empower Your Education Dreams with EduFund
Whether you’re planning to study in India or abroad, understanding your financial capacity is the first step. EduFund’s education loan eligibility calculator and student loan services are designed to give you clarity, confidence and access to the best funding solutions.
Are you ready to take the next step? Let EduFund simplify your student loan journey.
Explore EduFund’s Student Loans →
“Education is the most powerful weapon which you can use to change the world.” – Nelson Mandela
Disclaimer: The data in this presentation is meant for general reading purposes only and are not meant to serve as a professional guide/investment advice for the readers. This presentation has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been suggested or offered based upon the information provided herein, due care has been taken to ensure that the facts are accurate and reasonable as of date. The information placed on the presentation is for informational purposes only and does not constitute an offer to sell or buy a security. The Company reserves the right to make modifications and alterations to the content available on the presentation. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investment. The EduFund platform & the website is owned, operated, and maintained by Helena Edtech Private Limited, a company incorporated under the laws of India. An affiliate of the Company, i.e. Edubillions Tech Private Limited, is registered with AMFI as mutual fund distributor bearing the registration number ARN258733. Investment in the securities market is subject to market risks, read all the related documents carefully before investing. The valuation of securities may increase or decrease depending on the factors affecting the securities market.
