How to repay your foreign Education Loan

in LeoFinance9 months ago

Namastey 🇮🇳🙏🏻

Hello friends, how are you all? wishing you all happy and prosperous life ahead.

We all may have dreamed of studying abroad, but
Studying abroad is a life-changing decision, but it is also quite tricky,It is not so easy to study abroad because the education fee, flight cost and visa cost are very high, so a middle class person cannot afford such big amount of money for all of these, so he has to take a loan from the bank. Those who want to study foreign country mostly struggle to make the education journey debt-free. I have a friend who is studying in a European country and has come to India, How is he repaying his bank loan? So he provides me the best tips and ideas for clearing the loan without misleading your budget.
Here, Today i would like to share about the various repayment modes shared by my friend and how to pay off your education bank loan faster without breaking any of the bank rule.

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How to study free in Foreign Countries

It costs a lot of money to study either yyou study in India or you go abroad, your education will be very expensive in today's Inflation world, Once you mentally prepared yourself to go foreign for your further studies, make surw you select your college wisely and with wide research about the college. There are many colleges in European countries which provide free education yea you heard it clearly many college cost no education fee for students out of the country, even there are many colleges which gives scholarship for students. Be wise and smart once you finally select your college outside the country.several scholarships and grants are available from colleges that make your study abroad journey smooth and flexible. Can easily turn your dreams into reality.

Part-time Job

Another way and most successful way to repay your loan and meet your expenses in foreign countries is to do part time job while studying on weekends to sufficient way to earn money just start doing part time. What actually happens in a European country? In part time jobs, you will get paid on an hourly basis. You will get paid according to the number of hours you work.
My friend told me that every person earns sufficient amount of money monthly that he can meet his expenses and also make savings so that he can repay his loan. Balancing your budget with less spending, stick to your monthly budget, don't try not to waste money on unusual things or unnecessary travel and eating outside.


Above are the best and easy way to convert your dream into reality and Spend your money wisely and try to earn more from your part time job so thar it will be helpful for you to pay off your education loan quickly. Consider all the tips and tricks of my friends before repayment of an foreign education loan and make it financially and mentally stress free, now studying abroad become easy and affordable. Now it's time to change your dreams to reality simply


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Thankyou 😊

@gargi 🇮🇳🙏🏻

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Interesting topic but helpful for those who availed education loan
@sagarkothari88 vote 15%

Hey @gargi! sagarkothari88 upvoted based on request from @alokkumar121
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thankyou.... willingness honi chahiye... family k pass kuch na kuch Assets hote to applying for education loan....

A great topic and a knowledgeable post ... thanks for sharing dear 😊

Thankyou dear