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 - $10,000 Maximum Loan Amount - $80,000
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

When taking out student loans, there are some specific factors to consider. Finding out if a student is eligible for a loan is the first step in getting an education loan. Once students have made the decision to apply for a loan, it is crucial to understand the required criteria. The following prerequisites must be satisfied in order to be eligible for a Lorien education loan in India -

  • The student must be pursuing a post-graduate programme in the United States (as per the states covered by Lorien Finance).
  • The student must be a citizen of India.
  • The student must be above 18 years of age.
  • The student must be admitted to the approved list of programmes and universities that Lorien Finance funds in the United States.
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
1General Documents:1. A complete application form. 2. Amount of loan required. 3. Passport-size photo. 4. Letter of admission from the university. 5. ID proof (PAN, Aadhar and Passport).
2Academic Documents:1. Resume. 2. 12th board marksheet. 3. Bachelor's marksheets and degree certificate. 5. GRE/GMAT/TOEFL/IELTS scores. 6. Scholarship documents (if applicable). 7. Essays by the student for the application process.
3Financial Documents:1. 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 Documents:1. Visa (optional). 2. I-20 (optional).
5Cosigner Documents1. ID proof (PAN, Aadhar and Passport). 2. CIBIL report. 3. Previous 3 months' salary slips or salary certificates on the employer’s letterhead. 4. Previous 2 years' form from the 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

The following are some options for repaying a Lorien education loan -

  • The repayment process will begin after students have completed 6 months of a course.
  • The repayment period is 6 -10 years. 
  • There are no prepaid charges for a Lorien loan repayment.

How To Apply For Lorien Abroad Education Loan?

The process of applying for a loan could be complicated to understand when students don't have the right directions for the process. Here are the steps on how to apply for a Lorien education loan to make it easier for you -


  1. Contact UniCreds and inform our education loan adviser of your intent to begin the procedure or you can also apply directly online.
  2. UniCreds will provide you with your Lorien account login information and a link to log in to your account within 6 business hours. 
  3. 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.
  4. It only takes a few minutes to validate your information and papers after you've submitted your application. 
  5. 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.
  6. Once the loan has been approved and the online education loan agreement has been signed, the money will be sent to your university as needed.

Frequently Asked Questions

What is an education loan and how does it work?
An education loan is taken out to cover costs associated with higher education or post-secondary education. Education loans are designed to pay for living expenses while a student is pursuing a degree, as well as tuition, books, and supplies.

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