3 Views

What are the two types of student loan for the UK?


lekhraj.kushwaha 19th Aug, 2022
Answer (1)
Saba Ahmad 1st May, 2023

There are mainly two types of education loans for international students available in India are collateral education loans and non-collateral education loans.

  1. Collateral Education Loan: The loan amount which is borrowed by placing a security like assets, gold, bonds, shares, FD's etc is the collateral loan. In the collateral loan both the loan amount and security both have the same value. These types of loans are also called as secured loans. Students who have security can opt for collateral education loan for study in UK.

  2. Non-Collateral Education Loan: The loan which is borrwed without placing any security is the non-collateral education loan. Often based on the income of the co-applicant this education loan is provided. This education loan for the UK is more popular among students looking for a student loan for UK.

Related Questions

UEI Global, Hotel Management ...
Apply
Training & Placement Guarantee | Top Recruiters: The Oberoi, Taj, Lee Meridien, Hyatt and many more
VIT Bhopal University | M.Tec...
Apply
M.Tech admissions open @ VIT Bhopal University | Highest CTC 52 LPA | Apply now
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Amity University Noida MBA Ad...
Apply
Amongst top 3% universities globally (QS Rankings)
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
XAT- Xavier Aptitude Test 2026
Apply
75+ years of legacy | #1 Entrance Exam | Score accepted by 250+ BSchools | Apply now
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books