Scholarships & Loan for MBBS Abroad

Scholarships & Loan

One of the biggest issues faced by students when they plan to study MBBS abroad is finance availability. Students can avail some benefits from our scholarships & loan options at this point. Firstly, scholarships are a sort of awards for students that can be used towards expenses of their education related to tuition fees waivers. There are few scholarships by government of India for students as well as some by Government of Russia, Kyrgyzstan, Uzbekistan, Kazakhstan & Azerbaijan for international students. But there is a specific criteria which the students must fulfill to avail these for which we provide guidance. Some scholarships are very competitive while there are many others that are not even utilized due to lack of knowledge among students.

Scholarships for MBBS Abroad

The scholarships are of various types like country specific, course specific, medium of instruction specific, etc. While there is already a scholarship for Indian students who wish to study MBBS in Russia in Russian medium, but there are hardly any of them for MBBS in English medium abroad.  Even the government of India has come up with an online portal to provide some relief to Indian students willing to pursue medical education abroad. This portal of scholarship to Indian students by Indian government for MBBS abroad can be checked from here.

Loans for MBBS Abroad

Secondly, the most widely utilized option by most of students for abroad education is a bank loan. Since there has been a drastic increase in the number of students travelling abroad to Russia, Kyrgyzstan, Uzbekistan, Kazakhstan, Azerbaijan & other countries, there has been an equal rise in the number of education loans being sanctioned by banks. However, the criteria for getting education loans for MBBS admission abroad can seem to be stringent at times, there is always an option to avail a personal loan by mortgaging any asset.

It has been more than a decade that he have assisted hundreds of students from India to avail an education/personal loan for MBBS admission abroad. Having tie ups with major banks in cities of India, we are able to guide students in the right direction for a smooth & easy loan sanctioning process so as to save their time & avoid unnecessary confusion regarding documentation for the same. Recently, the government of India has launched a portal for the same (Vidya Laxmi Portal). Students who wish to check and apply for education loan for MBBS abroad can check it here.