Education Loan for BBA

Introduction

BBA is a three-year program and is considered to be one of the most sought-after undergraduate courses. The Bachelor of Business Administration (BBA) provides a comprehensive foundation in business administration. Pursuing BBA abroad provides students with a wide range of opportunities when it comes to employment prospects after graduation. Students can pursue this degree from some of the best institutions abroad but will however have to look after their financing. An education loan for BBA helps overseas students in this respect by covering all or most of their study abroad finances. This article explains everything a student must know before or when applying for a BBA education loan.

BBA Education Loan Eligibility

Students must evaluate several factors before signing the loan agreement. The eligibility criteria for an education loan for BBA students are as follows -

• The candidate must be an Indian citizen or resident
• The candidate must have obtained a place in a BBA programme at one of the participating universities
• Some banks have age limitations of 35 years, so it is best to double-check with the financial institution
• Additionally, criteria influencing the bank's choice to provide a study loan for BBA might include academic merit, BBA university repute, the collateral given, and the applicant's financial background

Expenses covered under Education Loan

The best aspect of taking out an education loan for BBA with UniCreds is that students may obtain up to 100% financing, which means that the loan will cover all or most of their expenditures. The following are the expenses that students might anticipate a BBA student loan to cover -

• Tuition Costs
• Travel & Transport including the tickets
• Accommodation & Rental expenses
• University fees & additional course costs
• Food expenditures
• Living expenses
• Laptop
• Other research, thesis, and project-work-related expenses
• Any other expense required for BBA

Top Education Loan Providers in India for BBA Admission

Following are the top education loan providers offering Indian students with abroad study loans for BBA -

1. Avanse
2. IDBI Bank
3. InCred
4. Axis Bank
5. ICICI Bank
6. HDFC Credila
7. Bank of Baroda