Financial Assistance

Dreaming of studying abroad but worried about the cost? With tailored financial assistance, you can secure loans that cover tuition, living expenses, and more—making international education within reach.

Let Our Team reach out to you

Financial Assistance for Studying Abroad

Worried about funding your dream to study abroad? With the right financial assistance, even limited funds can go a long way. At Flying Chalks Overseas, we specialize in making overseas education accessible to everyone through customized solutions, including scholarships, loans, and comprehensive budget planning.

Our expert guidance ensures you can secure education loans covering all aspects of your higher education—tuition fees, books, accommodation, and more. We collaborate with Nationalized and Co-Operative Banks as well as renowned financial institutions to provide student loans for studying abroad at competitive interest rates.

With over three decades of expertise, Flying Chalks Overseas simplifies the entire loan process—from choosing the right bank to fulfilling documentation requirements, meeting eligibility criteria, and understanding repayment options.

Key Features of Study Abroad Loans

1. Eligible Courses

Loans are available for all recognized programs with career prospects, such as:

Undergraduate and Postgraduate Courses
Diploma and Professional Training Programs

2. Covered Expenses

Student loans encompass a wide range of costs, including:

Airfare and travel expenses
Admission and tuition fees
Accommodation and living expenses
Study materials, books, and equipment
Exam fees, project costs, and study tours

3. Eligibility Criteria

Applicant must be an Indian resident.
Must have secured admission in a recognized program abroad.
Age: 18–35 years.

4. Loan Amounts and Security

Loan Range: ₹4 Lakhs to ₹1.5 Crore.
Security Requirements:
- Up to ₹4 Lakhs: No security needed.
- ₹4–7.5 Lakhs: Third-party guarantee.
- Above ₹7.5 Lakhs: Tangible collateral, such as property or fixed deposits.

5. Acceptable Collateral

Residential or commercial property.
Fixed deposits equal to the loan value.
LIC or NSC policies (surrender value considered).

6. Co-applicant Details

The applicant is the student pursuing international education.
Co-applicant can be a parent, guardian, or any earning family member.

7. Flexible Tenure and Repayment Options

Repayment term: 5–10 years.
Grace period: 6–12 months after course completion or upon securing employment.
Interest freeze during the moratorium period (varies by bank).

8. Tax Benefits

Loan borrowers are eligible for tax deductions under Section 80E of the Income Tax Act, reducing the financial burden further.

Student Loan EMI Calculator: Plan Your Finances with Ease

Managing your finances is a crucial step in your study abroad journey. Our Student Loan EMI Calculator is designed to help you estimate your monthly payments, making it easier to plan your budget effectively. With just a few details—loan amount, interest rate, and repayment tenure—you can instantly calculate your Equated Monthly Installments (EMIs).

How the EMI Calculator Helps You:

Quick Estimation: Get an accurate idea of your monthly repayment amount.
Financial Planning: Understand how your loan fits into your overall budget.
Customizable Options: Adjust loan amounts or tenure to find the most convenient repayment plan.

Start planning smarter today! Use the Student Loan EMI Calculator to gain financial clarity and take the next step toward your international education goals.

Ready to Begin Your Journey?

At Flying Chalks Overseas, we’re here to guide you every step of the way. Start planning your study abroad adventure today! Contact us to learn more about your financial options and secure the funding you need to transform your dreams into reality.

Financial Assistance

Let Our Team reach out to you