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

Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Shoolini University Admission...
Apply
NAAC A+ Grade | Ranked No.1 Private University in India (QS World University Rankings 2025)
Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
Amity University Noida MBA Ad...
Apply
Amongst top 3% universities globally (QS Rankings)
Amity University, Noida BBA A...
Apply
Ranked 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
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