Someone, somewhere said a thing... but none of us remember that because they didn't write it down! From writing in my personal diary to writing blogs the world could relate to, its been quite a journey and I wish to walk some more, preferably making sojourns along the way.
If the United Kingdom is your dream study destination for higher education, you may have thought about which session of the year you would like to join the student population there. When it comes to higher education, there are many myths about the university and one of the most prominent ones is the dilemma students face while choosing the intake season. January intake universities in the UK are the second most common season for international students to start their studies in the UK after the September intake according to British Uni.
So if you have missed the September intake for the previous year, January is definitely your calling. This article will walk you through the different UK universities with January intake for postgraduate students as well as undergraduate students.
Before we break to you the January intake universities in the UK, let us first see the different intake seasons in the UK.
Month Of Intake
January and February
June to September
November to February
Universities With January Intake In The UK
Many students want to begin their studies in January, but they mistakenly believe that the January session is shorter and has fewer modules; this is not the case. Because universities only have a limited number of seats available each academic year, the January intake is a once-in-a-lifetime chance for students who were unable to gain a spot during the previous September session.
QMUL (Queen Mary University of London) is a public research university in London, England. It is also recognised as a constituent college of the federal University of London. The London Medical College was founded in 1785, and it was officially recognised as a university in 1887. The institution is a member of the Russell Group, Universities UK, and the Association of Commonwealth Universities in the United Kingdom. The university is ranked #117th in the QS World University Rankings 2022. Times Higher Education has placed the university #117 in the World University Rankings for 2022.
University of Liverpool
One of the most prestigious institutions in the United Kingdom is the University of Liverpool. In 1903, the University of Liverpool was established. Liverpool is also a founder member of the Russell Group and the N8 Group of institutions. Today, the university is regarded as one of the top higher education institutions in the world. Today, the university is regarded as one of the top higher education institutions in the world. The university is rated #61 in the world by QS World Rankings 2022, #178 by World University Rankings 2022.
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University of Exeter
The Institution of Exeter, established in 1955, is a public research university. The institution is part of the Russell Group, which consists of three campuses and includes the UK’s top research-intensive universities. Six schools of higher education manage the university’s instructional and administrative functions. The institution has a huge student body and maintains active connections with over 125,000 students from 183 countries across the world. Graduates of the University of Exeter have worked in a variety of fields, including sports, theatre, music, and journalism. The university is rated #149 in the world according to the QS World Rankings of 2022.
Kingston University is undoubtedly one of the many institutions and colleges that the United Kingdom has to offer. Kingston University was founded in 1899 and was previously known as Kingston Polytechnic. It is located in the heart and soul of London, England. Kingston University offered courses in chemistry, building, architecture, nursing, fashion design, and clay modelling in its early years of existence. Kingston Polytechnic, it was renamed Kingston University in 1992. The university has multiple campuses in and around Kingston, United Kingdom. It also has a campus on Friars Avenue in London, as well as another on Cranmer Terrace in London.
Birmingham City University
Birmingham City University, in the English city of Birmingham, is one of the most diverse learning towns in the world. In 1971, it was classified as a polytechnic, and in 1992, it received its status. The city of Birmingham, which is home to Birmingham City University, is a popular metropolitan borough in England and the unofficial capital of the West Midlands. Times Higher Education designated BCU one of the top 200 Young Universities in the World for 2021, while QS WUR Ranking by Subject 2022 placed it in the 201-220 range. The Association of Commonwealth Universities, University Alliance, and Universities UK are all connected with the university.
Now that we’ve taken a look at some of the top January intake universities in the UK, let us break this down further and list down the UK universities with January intake undergraduate and postgraduate studies.
January intake universities in the UK For Postgraduate Studies
Here are the top January intake universities in the UK for postgraduate students:
Anglia Ruskin University
Edge Hill University
University of Sunderland
Oxford Brookes University
University of Lincoln
Queen Mary University of London
January intake universities in the UK For Undergraduate Studies
Here are the top universities with January intake in the UK for undergraduate students:
Anglia Ruskin University
Oxford Brookes University
University of Brighton
University of Exeter
University of Liverpool
Edge Hill University
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One of the most common hurdles that students face in their journey of studying abroad is proving their English proficiency. For this purpose, most international universities provide a general requirement of proving a students’ English proficiency through English Proficiency Tests (EPTs). Most students are confused between PTE vs. IELTS vs. TOEFL and are in a fix when it comes to choosing which test to opt for.
Before we dive into the differences between the three tests let us first learn the basics of EPTs and what these acronyms stand for.
The Basic Structure Of An EPT
Most EPTs test students in four areas and they are: Reading, Writing, Speaking and Listening. All Higher Education Institutions (HEIs) have their own preferences when it comes to establishing the English language requirements. PTE vs. IELTS vs. TOEFL are always the top choices and are battling in offering the best deals to students.
While giving IELTs you have the option of giving a paper based test, you may now opt for a computer based IELTS exam. Similarly, you may appear for a paper-based TOEFL exam if your institute does not accept an iBT or an Internet-Based Test. PTE on the other hand is mostly used for academic purposes and visa verifications predominantly in the UK and New Zealand. However, the major difference between IELTS vs. TOEFL vs. PTE is that PTE has combined its writing and speaking sections into one.
PTE Vs. IELTS Vs. TOEFL – What Do They Stand For?
IELTS stands for International English Language Testing System and is one of the most commonly accepted in the UK and Australia and is co-owned by the British Council, Cambridge English Language Assessment and the International Development Program of Australian Universities and Colleges.
After IELTS, the most common EPT is TOEFL and it stands for Test of English as a Foreign Language. The test is developed by the Educational Testing Service (ETS) and is the most widely accepted EPT at par with IELTS. TOEFL is accepted in Canada, the USA, UK and Australia and by over 10,000 universities and institutions around the world.
PTE stands for Persons Test of English and was established by one of the most prominent educational companies. PTE has gained popularity in recent times and is considered as one of the most transparent tests because of low human contact and interaction.
TOEFL Vs. IELTS Vs. PTE – What Is The Structure & Format?
TOEFL Test Pattern
The TOEFL test lasts up to 4 hours in total.
Number of Questions
60 mins to 80 mins
36 to 56 questions
60 mins to 90 mins
34 to 51 questions
10 min break
There are two types of IELTS tests and they are: Academic and General. To get admissions into an HEI, you need to crack the IELTS Academic test for which the structure is as follows:
Most people are surely aware of the importance of calculators and especially in the educational sector.
We can say that some mathematical problems needed to be solved only by calculators.
And some students are not that efficient in mathematics, so they must need calculators but can we use calculators for every mathematical problem?
The answer is very simple: yes, we can use calculators for solving every mathematical problem. Either it is a simple one like a basic operation or it is related to some complex problems like integration.
There are always two options when you are going to do any task and when it comes to solving mathematical problems, we also have two options.
One is to solve your mathematical problems on your own or you can use a calculator and we recommend you to go for an online calculator.
We are living in an era where we have many online calculators that are surely free of cost and readily available.
The basic example is an integral calculator and we are going to discuss some online integral calculators and after reading this guide, you must be clear about the importance of calculators.
Online calculators VS. Conventional calculators
It is wrong to underestimate any of them, conventional calculators are very useful and online calculators are also very useful.
But when it comes to advanced or modern features, online calculators are the best and we are going to mention why using online calculators is the best option.
We are specifically talking about the importance of integral calculators while preparing mathematical assignments.
It is pretty clear that you just need to solve the integration question and write down the proper steps involved in the calculation.
And it is not possible when you are using a conventional calculator as this calculator is designed to show you the final answer to the problem.
But when you are going to use an online calculator, you can get all the steps involved in the calculation and the second most important thing is, online calculators are mostly free of cost.
And that’s why we have shortlisted the four best integral calculators that can make assignments very easy to be done.
Best integral calculators on the internet
When it comes to the internet, there are several calculators available on the internet and you can pick any of them.
But keeping the accuracy and efficiency in focus is very important and not all online calculators provide you with these two things.
So, we are going to share the details of the four best online calculators that can solve your integration problem in a couple of seconds.
Data science is still evolving as one of the most promising and demanding job options for experts. Successful data professionals now realise that they need to develop the conventional abilities to analyse huge quantities of data, data extraction and programming.
Data scientists have to grasp the whole spectrum of the data science life process and be flexible and intelligent to optimise returns at each stage of the process in order to detect relevant intelligence for their company.
What Is Data Science?
In 2008, corporations noticed the need for individuals who are qualified to organise and analyze enormous volumes of data and the term “data scientist” was only coined by D.J. Patil, and Jeff Hammerbacher. Data Science is an interdisciplinary field that extracts and organises unstructured data using methods, processes, algorithms and dedicated systems.
Efficient data researchers develop relevant questions, acquire data from a variety of data sources, organise the information, convert the findings into solutions, and present their findings in a manner that has a beneficial impact on business choices. In virtually all industries these abilities are necessary, which means that qualified data scientists are more important for enterprises.
Do You Need A Degree To Become A Data Scientist?
Data Science is one of the fastest-growing careers in the 21st century and this industry has provided a solution to a number of challenges right from collecting big data, analysing this data and data representation. Data scientists are educated in a variety of fields and most will have some sort of technical training. A wide variety of majors in Computer Sciences, plus mathematical fields and statistics is included for data science graduates. Business or human behaviour, which provides more accurate findings in the data science activity, is also prevalent.
Most individuals who are interested in becoming data scientists start preparing for this subject straight after school. This subject has permeated into all levels of education, starting from a Bachelor’s degree to a PhD in Data Science. Since the demand for this subject has increased in recent years, many universities and colleges around the world have started offering blended learning courses to help students join this industry even if they have not been preparing for it since the beginning.
There Is A Difference Between Data Science and Statistics
Even though the field of Data Science and Statistics work on similar principles of data, these two are not the same. While statistics focuses on creating and representing logical data using quantitative means such as syntax and semantics, Data Science relies heavily on computers and technology. It accesses information from large databases, uses code to manipulate data, and visualizes numbers in a digital format.
By now, you must have understood the meaning and use of Data Science. So let us now take a look at some of the most relevant questions asked related to this subject. This guide on PhD in Data Science will cover the following topics:
What can students do after getting a PhD in Data Science?
Which are the top universities offering PhDs in Data Science?
What are the sources of paying for tuition fees for a PhD in Data Science?
Let us answer these questions one by one.
What Can Students Do After Getting A PhD in Data Science?
Data analysts bridge the gap between data and corporate analysts. They receive the questions that an organisation needs to answer and then arrange and analyse information to identify results in line with high-level business strategies. It is the responsibility of data analysts to translate technical analysis into qualitative measures and communicate its findings effectively to different audiences.
Average Salary: $65,000
Skills Required: Programming skills (SAS, R, Python), statistical and mathematical skills, data wrangling, data visualization.
An IT worker is a data engineer whose main task is to generate data for analysis or operation.
The generic responsibility of these software engineers is to design data pipelines to gather information from diverse sources. Data engineers manage quickly changing data in exponential quantities. They concentrate on developing, deploying, managing and optimising data pipelines and infrastructure to transform and transfer data for querying to data scientists.
As mentioned above, Data scientists look at the queries and where the associated data should be found. They are capable of understanding the business, analytical abilities, and mining, cleaning and presenting data. Data scientist companies are using vast numbers of unstructured data to source, manage and analyse it. Results will then be aggregated and discussed with key players to help the company make strategic decisions.
Average Salary: $100,500
Skills Required: Data visualisation, Statistics and Maths, Analytics and Modeling, Programming knowledge.
A data architect is an expert in data architecture, a discipline in data management that designs, creates, deploys and manages the data architecture of an organisation. Data architects develop ways in which distinct data entities and IT systems store, consume, integrate, and manage the data, and any applications that use or manage this data in some way. It is strongly linked to corporate architecture and is one of the four areas of corporate architecture.
Average Salary: $60,000 to $109,000
Skills Required: Java, Python, ETL, Hadoop, Spark, Yarn and Kafka, RDBMS and SQL systems and analytics platforms.
Which Are The Top Universities That Offer a PhD In Data Science?
Before we dive into knowing about the list of the top universities that offer a PhD in Data Science, let us first take a look at the best countries in the world where you can study data science as a foreign student. The UK, the USA, New Zealand, Australia, France, Germany, Canada, Ireland, Netherlands and Russia are the best countries when it comes to studying Data Science.
Top Universities in the UK that offer PhD in Data Science:
The average cost of pursuing PhD in Data Science ranges between £23,500 to £26,240 per semester for international students. The tuition fees also depend on the university one is planning to study in. Here is a list of the top universities in the UK for PhD in Data Science according to the QS World Rankings:
University of Essex
University of Oxford
Imperial College London
University of Manchester
University of Cambridge
University College London
University of Edinburgh
University of Bristol
University of Exeter
Top Universities in the USA that offer PhD in Data Science:
The cost of doing Phd in Data Science from the USA is slightly on the higher extreme of the cost spectrum. Depending on whether you are an international student and the choice of your university, the cost of a full-time Phd from a university from the USA ranges between $30,000 to $45,000 per year.
Here is a list of the top universities in the USA that offer PhD programmes in Data Science according to the U.S. News & World Report rankings:
New York University
University of Maryland
University of Massachusetts Boston
California Institute of Technology
Kennesaw State University
University of Wisconsin
University of South Florida
Top Universities in Germany that offer PhD in Data Science:
Most German universities that are public do not expect students to pay tuition fees. In other words, a 2 to 6 year PhD programme is free for international students who are studying any subject at a public university in Germany. The average cost of pursuing Phd in Data Science in a private university in Germany will range between Є15,000 to Є30,000 per year. According to The Times Higher Education (THE) Rankings, here are the universities in Germany that offer high-quality doctoral programmes in Data Science:
Technical University, Munich
Ludwig Maximilians University Munchen
RWTH Aachen University
Hochschule Darmstadt University of Applied Sciences
University of Tübingen
University of Mannheim
University of Magdeburg
Free University Berlin
Technical University Berlin
Top Universities in Canada that offer PhD in Data Science:
The tuition fees for doctoral students ranges between CAD 17,000 to CAD 35,000 per year. The cost of pursuing a PhD in Data Science from Canada will also depend on the university you choose, so here is a list of the top universities in Canada that offer PhD in Data Science according to U.S. News & Best Global Universities Rankings are:
University of Waterloo
University of Waterloo
University of Montreal
University of Alberta
University of New Brunswick
University of Ottawa
Australia is also a popular destination for students who wish to pursue a doctoral degree in Computer and Data Science. According to Indeed, the top American website for job listing and employment
Top Universities in Australia that offer PhD in Data and Computer Science are:
Depending on whether you are an international student or a domestic student, the tuition fees for PhD programs in Computer and Data Science vary. The average cost of a PhD in this field ranges between AUD 35,000 to AUD 85,000. The fees also depend on the university you choose. Here are some of the top universities that offer a PhD in Data Science in Australia according to QS World Rankings.
University of New South Wales
University of Sydney
University of Melbourne
University of Queensland
Edith Cowan University
Ways To Fund Your PhD Education In Data Science Abroad
Depending on your financial status and academic records, you can accumulate and fund your education in two broad ways: Scholarships and Education loans.
The first way is by applying for study abroad scholarships. Study abroad scholarships are made available by destination and will host countries to students who either have an excellent academic record or need financial assistance to pursue their higher education in a foreign country. All in all, there are five types of scholarships and these are:
These scholarships uplift students and help them reach greater heights. Any student can be a promising candidate on the basis of his/her academic excellence or any other merit like sports or extracurricular activities.
These scholarships aim to become the backbone of students who are unable to fulfill their dreams because of a lack of funds or low-income backgrounds.
Every year, numerous students move to different countries from around the world for higher studies. Keeping this in mind, the country-specific scholarships focus on bringing a more diverse and inclusive student demographic to universities across the globe.
These scholarships are for students who have their hearts set on a particular university. Usually, your target university will make arrangements to support you financially based on certain criteria such as average performance, annual family income, future plans, etc.
Student specific scholarships:
These scholarships are for students from low-income families or those who have survived chronic diseases. These scholarships are also for under-represented populations, particularly women and minorities.
In cases where students are unable to meet their tuition fees and living expenses to study abroad using their personal finances or have failed to apply for a scholarship, they may go for an education loan. Education loans are highly country-specific and depend on the financial policies of the country you belong to. Every country has its own arrangements of financial institutions such as banks or non-financial institutions (NBFCs) that facilitate the operation of providing education loans to students.
NBFCs such as UniCreds offer the best solutions to students for education loans such as loans with low-interest rates, a choice of 10+ financial institution partners to opt from, loans without collateral, and highly personalised loans. You may choose to study in countries like the USA, the UK, Australia, New Zealand, Canada, France, Germany and Ireland with the help of financial assistance from such NBFCs that offer a seamless experience to students while delivering education loans.
If you aspire to be an international student you may have considered the various ways of funding your education abroad. This is because most countries that accept students from overseas require financial evidence from the candidate to see if they are able to support themselves financially during their study abroad journey. Most students prefer taking up an education loan for this purpose and rely on secure or unsecure education loans. Before you take up an education loan abroad, there are some things you need to know about insurance in an education loan.
An insurance against your education loan will help you reduce your burden of repaying the loan if any unforeseen situation takes place. In most cases, the burden of repaying an education loan lies on the co-applicant when the primary borrower is unable to repay the loan amount. But before we dive into the main things you need to know about insurance in an education loan, let us first understand what that means.
What Is an Education Loan Insurance?
While school loan or education loan insurance is not required, as it is for house loans, banks are requiring borrowers to choose education loan insurance based on the current job market situation. The slowdown in the local economy, along with the uncertainty of global economic conditions, is having a negative influence on the employment market, with poor campus placements and limited career opportunities. In cases where the primary applicant fails to repay the loan in situations of unemployment or death, education loans insurances come to the rescue.
Now that you have understood the importance of insurance against education loans, let us understand the main things you must know about insurance in an education loan.
What Are The Things You Need To Know About Insurance In An Education Loan?
How Helpful Is Education Loan Insurance?
Purchasing loan insurance guarantees that, in the event of a misfortune, the co-applicants are not responsible for repaying the whole education loan amount plus interest. Borrowers of government bank education loans, for which even retired parents are identified as co-applicants, may find this to be a tremendous comfort. If the loan applicant has a tragedy during their higher education that would likely result in a fatal disease for the student, the insurance company will pay the whole education loan amount, rather than the co-applicants.
Is It Mandatory To Get Insurance Against Your Education Loan?
The amount of school loan insurance that is required varies per lender. It is not required to get education loan insurance in conjunction with a study abroad loan when applying for a loan from a government bank. Most government banks allow applicants to choose whether or not to acquire loan insurance as part of any of their education loan programmes. While applying for an education loan without a collateral from a private bank or NBFCs, all students planning to study abroad must get their education loan insured. This is a condition that must be met by every student who applies for an education loan without collateral. The major reason why NBFCs require loan insurance is that they do not require students to put up any collateral in exchange for an overseas study loan. In other words, it is mandatory for students to get insurance on education loans for their study abroad journey, if the education loan is unsecured.
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What Is The Process Of Paying For The Education Loan Insurance?
After students have made their decision to purchase education loan insurance, the next question on their minds is whether the lenders would expect payment of the loan insurance costs right away. Now, here comes the exciting part. Education loan insurance costs are not needed to be paid separately by candidates. These costs are calculated based on the total amount of education loans that students have taken out. For example, if you have taken an education loan of ₹ 25 Lakhs, and the insurance amount is calculated as ₹ 50,000, the lenders will calculate a total loan amount of ₹ 30 Lakh and not ₹25 Lakh. Another thing that all students should be aware of before obtaining an overseas study loan insurance policy is that the loan insurance fees are directly proportionate to the length of the education loan term.
The loan insurance fees are cheaper the shorter the loan term.
Is Purchasing Insurance For Education Loan Really Beneficial?
Borrowing any sort of debt entails taking on a significant financial burden. This is particularly true in the case of an international education loan programme. When students apply for an education loan to pay for their studies abroad, the financial responsibility for repayment rests on their co-applicant/co-borrower until the student achieves financial independence.
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If you aspire to study in the UK but have been unable to find a place to study because you’re late in seeking admissions or didn’t meet the eligibility requirements of your target college, you can still turn your dream into reality. With the help of University Clearing and Adjustment in 2021, you will be able to study your choice of degree at one of the leading universities in the UK.
Before guiding you through the UCAS Clearing and Adjustment process, let us first understand what clearance and adjustment in the UK is.
What Is UCAS Clearing And Adjustment in the UK?
Clearing is the system employed by the Universities and Colleges Admissions Service in the UK (UCAS) and UK universities at the end of the academic year to fill course places that haven’t been filled up. Every year thousands of places are allocated this way, and it’s certainly not about getting rid of the courses that nobody wants.
There are lots of reasons why places may not be filled. Clearing is ideal for students who have missed out on the university requirements because they were unable to attain the required grades or for those who got better grades than they expected. Whatever your situation, Clearing is designed to help you get everything sorted on a course you’ll love.
UCAS Adjustment 2021
Adjustment is a chance for you to reconsider where and what to study, especially if you got better grades than you expected. If you have accepted a conditional choice and therefore turned it into an unconditional choice – you could potentially swap your place for one on another course you prefer.
It’s entirely optional, and a lot of competitive courses will be full – but other applicants might have missed their conditions or swapped a course too, so it is always worth it to see what’s available. Adjustment is available from A level results day, until 18 August 2021.
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If you find yourself seeking University Clearing and Adjustment in 2021, UCAS will match you to courses you may be interested in on priority, using what they know about you from your application, and what universities and colleges are looking for in a student. UCAS will match the right student to the right university with the right degree.
If you’re unplaced or have started a new application, a button will appear in Track – ‘My matches’ in your application. This will take you to your top 50 course matches. You’ll then be able to select the universities and colleges you’re interested in. If they still have vacancies and you meet their entry requirements, you may get a callback.
Here are the five things you should know before applying for UCAS Adjustment through Clearing Plus:
Everyone has a match: First, UCAS will match you to every course. UCAS will then take from you all your information such as, your choices and your qualifications, what universities and colleges are looking for, and what previous students like you have studied.
You can do this for multiple years: If you’re a new applicant, you’ll still be matched to every course. Instead of filtering your matches by your previous choices, UCAS will base your matches on the qualifications.
You have several options: You don’t have to settle for less. You can still browse all courses (if you do not like the one UCAS matched you with) with the Clearing vacancies search tool. Find a course, contact the uni, add a Clearing choice. It’s that simple. However, remember that saying you’re interested in a course through Clearing Plus doesn’t guarantee an offer.
Don’t apply for Clearing plus if you have better grades than expected: In this case, you must apply for Clearing Adjustment instead of Clearing plus.
How To Apply For University Clearing and Adjustment In 2021?
Step 1: Asking for Advice
The first step in applying for UCAS Adjustment and Clearing is to seek advice from your school, college, centre, or careers office; they will talk you through alternative courses/subjects. If you’re applying independently, you’ll find everything you need to know about the Clearing process on ucas.com.
Step 2: Research the Subjects Available
Use the search tool to find courses which is the only official vacancy list, so it is always up-to-date. Consider different subjects so that you do not limit yourself to just a few choices. If you want to mix things up a little, you may also choose the joint degree programs. All universities update their course information regularly. You might not find the exact unis/colleges/courses you were looking for, some might be full, but some might get vacancies on a later date.
Step 3: Add your Clearing Choice in Track
Only add a Clearing choice once you have permission from the university or college.
Click ‘Add Clearing choice’, and fill in the course details by the date the university/college gave you on the phone.
This counts as you definitely accepting the offer from the university, so if they confirm, it’ll show as an acceptance on your ‘Choices’ page in Track.
You can only add one choice at a time, but if the university/college doesn’t confirm your place, you’ll be able to add another.
Thanks for reading this blog on Guide To UCAS Clearing 2021. If you are interested in learning more about student finances and studying abroad, the following articles should interest you:
If you earn your own money, you may know how difficult it is to make financial arrangements for big-ticket purchases such as a car or a house. You may also be required to hold finances for a longer period of time to execute a project, or for making year-on-year payments or require capital for an event. Whatever your requirements may be, consumer loans and lines of credit will be your go-to resources for fulfilling these financial needs.
A line of credit can also be seen as an unsecured personal credit with a revolving credit account. This means that the account is handy and you may borrow funds from it as and when required, without taking the lump-sum amount. Lines of credit are perfect for consumers with irregular income streams and to make payments of variable costs.
It is because of the flexibility that comes along with a line of credit that the demand for unsecured credits has increased over the years, as can be seen in the graph below.
Depending on your situation, consumer loans and lines of credit will help you accomplish your goals and make arrangements for your finances.
What Is The Difference Between Consumer Loans And Lines Of Credit?
You can easily find personal loans that will help you meet your financial requirements by simply allowing you to borrow a fixed amount of money which is repaid over time with interest. Personal loans have a short-moderate repayment period with quick disbursements. Lines of credit on the other hand is also called a bank-line where you directly open with a bank or credit union and lets you borrow money when you need it, up to a preset borrowing limit. With a line of credit, you only pay the interest on the amount you borrow till your funds are exhausted. In other words, you can use a personal line of credit pretty much the same way you use a credit card.
Personal loans are also commonly known as signature loans. This is because you can receive the amount in your account by just being qualified for the loan and by signing the documents. Personal loans work the same irrespective of it being a debt consolidation loan or any other type of borrowing. In most cases where personal loans are unsecured, you are not required to provide collateral. However, if you secure your line of credit with an asset, you may receive a better interest rate. The interest rates on lines of credit are much lower than credit cards rates especially if you have a good credit score. Moreover, the interest rates accrue only when the funds are accessed.
A loan requires you to pay the same amount, or installment, every month for the life of the loan. With a credit line, you can pay back what you owe in payments of any amount above a specified monthly minimum, or you can pay back what’s owed in a few large payments with relatively little interest. Consumer loans and lines of credit when compared to each other reflect similar benefits. However, they are very different.
There are three ways in which you can repay to your line of credit:
Balloon Payment: A personal line of credit, through this method will require payment of the entire balance at the end of the term, otherwise known as a balloon payment. Balloon payments come with the added need to refinance if the borrower is unable to repay the full amount. This means you can borrow more if your credit is exhausted and you are unable to make the payments.
Demand line of credit: In rare cases, banks may offer a “demand line of credit,” which functions similarly to a standard line of credit, but gives the lender the right to call the loan for repayment at any time.
Draw and repayment periods: In some instances, personal lines of credit can feature separate draw and repayment periods; allowing the borrower to withdraw funds during the draw period, while requiring them to make monthly payments during the repayment period.
Which Are Some Of The Best Lines Of Credit?
KeyBank provides the narrowest range of rates on its standard unsecured credit line, ranging from 10.74% – 15.99%. However, unlike other regional banks, KeyBank isn’t widely accessible to all interested applicants.
Wells Fargo offers the highest borrowing caps on both secured and unsecured lines of credit at $250,000 and $100,000 respectively. Applicants may have difficulty securing a competitive interest rate without a good credit score or collateral. For borrowers with credit issues, we recommend checking with smaller regional banks like KeyBank or Regions Bank, as they have comparable rates to Wells Fargo but cater to a wider credit spectrum. It
Pentagon Federal Credit Union (PenFed)
The interest rates on all credit union loans and lines of credit are capped at 17.99% APR, whereas many banks may charge up to 36%. The 14.65% rate on PenFed’s line of credit is higher than the average rate on most other lines, but it has the benefit of having a fixed rate, which is unusual.
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If you’ve been a student or have recently graduated and are looking for ways to settle in life, you must be aware that personal loans play a huge role in helping you meet your financial requirements. You may also find yourself in midst of numerous financial obligations in your journey towards a settled way of life. This is where debt consolidation loans will come to your rescue.
Debt consolidation loans have been introduced as a method to repay debts and loans by taking up a personal loan that can be used against all your debts collectively. In order words, you will be able to merge all your existing debts and loans and be able to repay them using a personal loan.
The following infographic will help you understand the difference between taking separate personal loans vs. debt consolidation loans.
Source: Ramsey Solutions
What Is The Importance Of A Debt Consolidation Loan?
As we stand in the first half of the 21st century, we can look back confidently and say that there exists plenty of ways to become financially sound and strong. Today, one of the wisest options to help you attain the status of being financially healthy is by opting for a debt consolidation loan. The two benefits of this type of loan are that firstly, you only require single-tracking for all your past loans and secondly, debt consolidation loans come with highly affordable interest rates.
This type of loan is suitable for you if you require immediate loan disbursement. This is because debt consolidation loans may be disbursed as quickly as within 30 mins to 72 hours giving you an immediate availability of a personal loan. Debt consolidation loan interest rates are highly attractive and the repayment is flexible. This type of loan is highly recommended if you are looking for loans with low requirements and eligibility criteria.
What Is The Working Of A Debt Consolidation Loan?
In the debt consolidation process, you resort to various ways of financing your debts and liabilities. Debt consolidation allows you to merge debts into a single liability and pay them off. Payments are then made on the new debt until it is paid off in full.
You can apply through your bank, credit union or directly with your credit card company for debt consolidation. It is important to note that debt consolidation loans will not erase your original debt. Instead, it will simply transfer it to a different lender or type of loan.
Secured Loans are usually offered against collateral. This may be a car, a house or anything valuable and equivalent to the value of your borrowing. However, if you are searching for loans without collateral, UniCreds offers some options that may benefit you.
The risk of default tends to be relatively low as the lender has much more to lose by neglecting his financial obligations. Since a secured loan carries less risk to the lender, interest rates are usually lower than for unsecured loans.
As the name implies, unsecured loans require no collateral or other backing. Lender’s offer funds solely based on the customer’s creditworthiness. These are also called signature loans and the rate of interest is typically higher for unsecured loans as compared to secured loans. Also, credit score and debt-to-income requirements are usually stricter for these types of loans, and they are only made available to the most credible borrowers.
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Features Of Debt Consolidation Loans
Merging Existing Loans & Debts
It is a common misconception that debt consolidation loans are a way you can reduce your past debt obligations. Rather, these loans – be it secure or unsecured, will help you repay your debts by merging them together. This will help you track your costs against the loan from a single place and make it easy for you to repay the loan.
You Cannot Borrow More During The Consolidation Process
The reason why a debt consolidation process was established was to streamline the repayment process. This means taking a stock of your present liabilities and assessing your credit worthiness to pay it back. As a result, while you are in the process of a loan consolidation, you will not be allowed to make any more borrowings and may not be eligible for any type of external loan.
Low Interest Rate & Single EMI Payment
The debt consolidation interest rate can be an affordable option if you are looking to consolidate your loan under a personal loan. If you are looking for student loan consolidation, you must do your research about the best interest rates before signing a loan agreement. Moreover, you will not be required to keep a track of separate EMI payments (if that is what you have opted for). You can consolidate your debts with a personal loan. Doing this will allow you to make one EMI payment every month, thus making repayments a whole lot easier.
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Choosing law as a specialisation after school or college has become a popular choice in the 21st century. An increasing number of people are ready to dedicate 3 to 5 years of their lives to equip themselves with the ability to deal with challenging issues, understand human logic and improve human communication. However, to be eligible for studying law, you must first prove your metal through a law school admission test.
This essentially means that not everyone will get a chance to make a career out of law. In order to become a professional lawyer, you will need to show that you have the aptitude and the right attitude for it. Law entrance exams are usually taken after high school, that is, 12th grade or after graduation.
If you are worried about which law school admission test is best suitable for you, you have made a stop at the right article.
Which Law School Admission Test Is The Best?
Common Law Admission Test (CLAT)
CLAT is a centralised national level entrance examination that is accepted by a list of 22 national law universities in India. CLAT is a competitive exam and the scores of this exam is also accepted by some of the private law schools such as WBNUJS, NLIU, GNLU and more.
Approximately 60,000 students from all over India appear for CLAT each year and is the most trusted law entrance test in the country. The exam is conducted only once a year and can be taken online or offline.
All India Law Entrance Test (AILET)
This entrance test is conducted exclusively for NLU, Delhi and is conducted by National Law University, Delhi. AILET grants students admission in undergraduate, postgraduate and PhD degree courses. The scores of AILET are accepted by 12 colleges over India and are not open to just any candidate. To appear for AILET, you need to first meet the eligibility criteria for appearing for the exam. This means you first need to score a minimum mark in your previous years of study and prove that you will be a dedicated law student throughout the selection process of AILET.
Law School Admission Test (LSAT)
Conducted by the Law School Admission Council for students who want to pursue undergraduate and postgraduate degrees in law. The test is accepted by 85 colleges in India and is conducted twice a year. If you are planning a career in law, the LSAT is an ideal examination for you. It is much more achievable than any other law school entrance exam. However, you need to first meet the eligibility criteria for appearing for this exam.
For a 5 year integrated course, you should clear your 12th class examination or an equivalent such as diploma. For a 3 year LLB course, you must hold a bachelor’s degree from a recognised university.
MH CET Law
Maharashtra Common Entrance Test for Law is conducted by the Directorate of Higher Education of Maharashtra. Through this examination, you will be eligible to take admissions into any state level law college. Through the entrance exam, law aspirants are shortlisted for admissions in more than 10,000 seats of 5 year LLB courses offered in 120 law colleges.
You need to meet the eligibility criteria to appear for this law school admission test, which is as follows:
You should be an Indian citizen
Pass SSE/IE or 12th grade with a minimum of 45%
Candidates should be at least 20 years of age while applying for admission and should not be more than 22 years of age.
The exam is conducted once a year and is accepted by 120 colleges.
Law Admission Test (LAT)
This examination is conducted by Allahabad Through LAT exam, candidates are offered admissions to more than 1100 seats of the 3-year LLB courses offered at Faculty of Allahabad and its constituent colleges which are: Chowdhary Mahadev Prasad Degree College and Allahabad Degree College. The examination is conducted offline (pen and paper) and the duration is 2 hours.
Symbiosis Law Admission Test or Symbiosis Entrance Test
Conducted by Symbiosis International University, this examination is conducted on a competitive basis to offer 300 seats for 5-year integrated LLB admissions and 60 seats for the 3-year law admissions. The eligibility criteria to appear for this examination are as follows:
Minimum marks required to qualify the examination is 45% and 40% for SC/ ST category students.
For BA LLB (Hons) you should have studied the subjects of Arts or Social Science
For BBA LLB, only those students who have studied Mathematics, Science and Commerce are eligible to apply.
Law Faculty Admission Test (LFAT)
The Law Faculty Admission Test, also known as LFAT, is a national level entrance test conducted once in a year by Allahabad University. The test is conducted offline Allahabad University conducts LFAT to offer admission to candidates in a five years integrated BA LLB (Hons) course at its Faculty of Law. Allahabad University also offers various courses at undergraduate, postgraduate and at doctoral level of professional and non-professional level in the field of Science, Commerce, Law, Arts, etc.
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Let us see some of these jobs in detail with its prospects, earnings and other requirements. You may be skeptical about applying for a job without a degree. But the truth is, these jobs are great sources of income and will do wonders for you if you want to start earning from an early age. The jobs you can do anywhere without a degree are easy to find and even easier to land.
Jobs You Can Do Anywhere Without A Degree
Here are some jobs that do not require a degree and can be operated from anywhere.
Personal Virtual Assistants
There are many solopreneurs in the world managed to become millionaires. A Solopreneur is a single person who has their own successful business(es). Becoming a solopreneur would mean that they have to manage all aspects of the business alone and more often than not require help with administration and organisation.
This is where you come in, a virtual personal assistant’s role would be to organise a solopreneur’s meetings, schedule their appointments and use their organisational skills to administer the tasks to be completed or targets to be achieved throughout the day by their client. There are many platforms where you can find solopreneurs who require help with administrative tasks such as PeoplePerHour, Virtual Assistant Jobs and FreeUp.
Most importantly, a personal assistant who operates virtually does not need any degree but they may be required to have some years of work experience in order to land this role with a high paying individual or organisation.
Get Paid To Go To College
This is one of the best jobs you can do anywhere without a degree. Most colleges and universities help students financially by offering them a part-time or full-time role on the university grounds in turn for paying for their college tuition fees. Colleges and universities have several departments, associations, clubs and committees that constantly require volunteers or employees to carry out the daily tasks.
You do not need to have any degree to become a part of these departments in college. Moreover, if you spend a considerable amount of time and gain experience within the university, they may offer you a full-time permanent role as well.
Customer Service Representative
A customer service representative is a person who caters to customer complaints, feedback and helps customers to resolve their issues. You do not need a degree to be able to become a CSR, but what you do need is patience and a good command over your language. The best part about being a CSR is that you can specialise in your mother tongue and do not have to necessarily know other languages.
The position of a CSR is open to people from all languages. This is because most companies wish to cater to a large audience which usually includes speakers of other languages. In order to understand customers’ grievances thoroughly, you will find many opportunities to become a CSR within a company and you may be allowed to operate in multiple languages as well.
Inputting data for businesses may not be the most rewarding job. However, you don’t need any degree or work experience, and you can start at $10 per hour. The work of a data entry executive is simple and is confined to noting correct data in the correct place. Most students become a data entry expert to earn extra cash on the weekends.
The work of a data entry executive is not very different from a Bookkeepers’. Bookkeepers handle an organization’s general ledger by recording transactions, producing financial statements, and checking financial records for accuracy.
Become A Stock Photographer
Content is the backbone of all brands big or small. Without content, a brand will not be able to reach or connect to its audience. In order to form a bond with the customers, brands often create a brand message that is broadcasted through various media channels such as social media and display advertisements. The primary requirement of such brands or businesses is communicating using visual cues such as images, colours and specific designs. However, when a business is small and does not have a lot of capital, they often rely on stock images to come up with a brand theme.
Moreover, a stock photographer earns based on his/her creativity. If the idea of becoming a stock photographer excites you, it’s because it is one of the best jobs you can do anywhere without a degree.
To earn money through the marketing of other brands such as Amazon and Tupperware you need to have your own channel through which you can reach a significant number of people. Brands are often looking for people with a high number of social media followers to collaborate with in order to achieve brand objectives and increase their target base. This is called affiliate marketing or influencer marketing. Affiliate marketers are paid based on commission and often can earn by advertising brands on their social media channels on a regular basis. You do not need to have any experience or degree to become an affiliate marketer. However, what you will definitely need is brand awareness and heavy presence on the internet.
List Of Jobs You Can Do Anywhere Without A Degree
Editing & Proofreading
Content & Copywriting
Physical Trainer or Instructor
Online Virtual Assistant
Beta Tester For apps, software, music, games, etc.
Customer Service Executive
Theatre & Acting
Solo Entrepreneur (Solopreneurs)
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