Lorien is a cross border fintech platform focused on providing affordable student loans and retail banking to Indian students who will pursue master's education in the US. Our vision is to become a US neobank providing affordable and better banking services to high credit quality US immigrants, regardless of nationality.
Loan Margin: NIL
Processing Fees: 2.0% onwards

Lorien Finance offers education loans to Indian students seeking higher education in the United States. Their approach is data-driven and forward-thinking, with the goal of making education loans more accessible, viable, and affordable for students. While most banks and lenders consider collateral when approving a loan, Lorien Finance considers each student's potential and future employability when making choices.

Features Of Lorien Abroad Education Loan

Sr. NoFeaturesEducation Loan Details
1Loan amountMinimum Loan Amount - $10000 Maximum Loan Amount - $80000
2Margin moneyNil
3Processing fee2.0% onwards
4Processing time3 Days
5Loan tenure10 Years
6Prepayment chargesNil
7Repayment holidayWe give a moratorium period of 6 months post-course completion.
8Countries coveredUSA

Benefits of Lorien Abroad Education Loan

Credit access to underserved students
Credit access is granted to underprivileged students
Low-interest payments & fees
Low-interest payments and fees wherein students can save 14% to18% compared to other loan options
No collateral required
Students can get an education loan without collateral
Loan sanctioned to cover 100% of expenses
Loan sanctioned can cover 100% of expenses
Lower processing fees & faster sanction times
Students can avail low processing fees & quick sanctions

Benefits Of Getting Your Lorien Abroad Education Loan Through UniCreds

Higher Chance Of Approval
By applying for your education loan through UniCreds, you are increasing your chances of approval. Generally, banks dismiss applications if they find any missing documents, property issues, or any other problem. With UniCreds, we will immediately reach out to Lorien officials and find the best solution.
Online Submission Of Documents
With UniCreds, you can submit all the required documents from home! There won’t be any need to visit the branch. Simply head over to our website and submit all the documents there. There won’t be a possibility of not submitting an essential document, as our system is designed to ensure all essential documents are submitted. You also get stepwise updates via notifications.
No Cost To You
All our education loan services are completely free of cost.
Quicker Sanctions
Our strategic partnerships ensure low turnaround time. Expect to have your education loan processed and sanctioned within 5 days.

Calculate EMI for Education Loan

Loan Amount

Interest (p.a)

Loan Duration

Course Duration

Grace Period

Monthly EMI
Principal Amount
Total Interest
Total Amount
Loan Amortization Schedule

Following table show the year wise payment schedule.

MonthOpening Balance (₹)Interest Paid (₹)Principal Repaid (₹)Closing Balance (₹)
Opening Balance (₹)
Interest Paid (₹)
Principal Repaid (₹)
Closing Balance (₹)
Opening Balance (₹)
Interest Paid (₹)
Principal Repaid (₹)
Closing Balance (₹)
Opening Balance (₹)
Interest Paid (₹)
Principal Repaid (₹)
Closing Balance (₹)
Opening Balance (₹)
Interest Paid (₹)
Principal Repaid (₹)
Closing Balance (₹)
Opening Balance (₹)
Interest Paid (₹)
Principal Repaid (₹)
Closing Balance (₹)

Eligibility Criteria For Lorien Abroad Education Loan

Sr. NoTypeRequirement
1Eligibility Criteria1. Pursuing for Higher Education (Post Graduate Program) in the US as per the states covered by Lorien Finance. 2. You must be a citizen of India - 18 years or older applying to or admitted to the approved list of programs and universities that we fund in the U.S.

Documents Required for Lorien Abroad Education Loan

Sr. NoTypeDocuments Required
1General1. Complete Application form on Website 2. Amount of Loan Required 3. Passport size photo 4. Letter of admission from the University 5. ID proof (PAN, Aadhar & Passport)
2Academic1. Resume 2. 12th board mark sheet 3. Bachelor's Marksheets 4. Bachelor's Degree Certificate 5. GRE/GMAT/TOEFL/IELTS Score 6. Scholarship documents (if applicable) 7. Essays written by the Student for the application process
3Financial1. CIBIL report 2. Last 2 years Income Tax returns 3. Last 3 months salary slips or salary certificate on employer’s letterhead 4. Last 6 months bank statement 5. Total Investments (with proof) 6. Any other income proof that is not reflected in the above-mentioned documents
4Travel Documents1. Visa (Optional) 2. I-20 (Optional)
5Cosigner Documents1. ID proof (PAN, Aadhar & Passport) 2. CIBIL report 3. Last 3 months salary slips or salary certificate on employer’s letterhead 4. Last 2 years Form 16 from your employer or last 2 years Income Tax returns 5. Any other income proof that is not reflected in the above-mentioned documents 6. Last 6 months bank statement 7. Total Investments (with proof)

Loan Repayment For Lorien

After completing the course for 6 months, the repayment programme will begin. The repayment period is 6-10 Years. There will be no prepayment charges.

How To Apply For Lorien Abroad Education Loan?

Step 1: Contact UniCreds and inform our education loan adviser of your intent to begin the procedure, or apply straight online. Step 2: UniCreds will provide you your Lorien account login information and a link to log in to your account within 6 business hours. Follow the on-screen directions to fill out your personal and academic information, upload your documents, and submit your application once you've logged in. Step 3: It only takes a few minutes to validate your information and papers after you've submitted your application. A conditional loan confirmation message will appear on your dashboard if everything is in order. You'll also receive an email with your loan approval letter, which you can use to apply for a student visa. Step 4: Once the loan has been approved and the online education loan agreement has been signed, all of your cash will be sent to your university as needed.

Frequently Asked Questions

Do I need a co-signer to secure the loan?
Yes. A co-signer is required. The co-signer can be a parent or a family member who is willing to repay the loan in the event that you cannot.

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